Setting up multiple successive beneficiaries during the effective existence period of the trust not only conducive to achieve the aspiration of majority of beneficiaries for the trustor,as well as ensure the safety,maintenance and appreciation of trust assets value,but also legally economize the inheritance tax more than once on taxation,which the inheritance in civil law can not achieve.The successive beneficiary system does not have conflict with the existing law in China;on the contrary,the introduction ...
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