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Trusts & Estates in the US
IBISWorld, July 2011, Pages: 29
Estate sale: As the population ages and moves toward retirement, demand for trusts will rise
Trusts & Estates in the US
Trust in trusts
Paying taxes may be largely unavoidable, and death is certainly inevitable, but trusts and estates provide a means to better manage both. An aging US population, particularly the baby-boomer generation, and uncertainties surrounding the Federal Estate Tax are anticipated to drive growth in trusts and estates. Though revenue dropped during the recession, it will experience strong growth over the next five years.
This industry includes legal entities, such as personal trusts, estates, wills and agency accounts, managed on behalf of beneficiaries under the terms of a trust agreement, will or agency agreement. Revenue generated by this industry is defined as the income generated by the assets in the trust, estate or other entity. This revenue may be in the form of interest, dividends and other investment income. This income may be held by the entity or distributed to beneficiaries.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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