Monday, May 28, 2012

Biz Trust: 3G Family Biz Trust



3G Family Biz Trust - preserve family business



3G Family Biz Trust creates a structure for the continuation of the family business with or without the involvement of the family members. The existence of family participation in the business directly or indirectly, can strengthen the company because family members are often loyal and dedicated to the family enterprise.  However, family participation as managers of a business can present unique problems because the interests of a family member may not be aligned with the interest of the business.


Through the application of various strategies, 3G Family Biz Trust is designed to benefit the family members to receive the dividend income from the trustee and the profits generated by the business  to ensure the continuity and preservation of the business within the family.  More importantly, the strategies used are to ensure that the business is managed by a competent person overseen by the Board of Directors.

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