Another Business Patriarch Turns to Trusts to Ring-Fence Family Wealth. But Is a Trust Good Enough?

Mar 06, 2025

Professor Sougata Ray, Executive Director, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, is quoted in an article in the Mint, titled 'Another Business Patriarch Turns to Trusts to Ring-Fence Family Wealth. But Is a Trust Good Enough?'

Discussing the significance of trust structures in preserving family ownership, he states, “The creation of a trust structure where the patriarch still holds the position of controlling trustee is a way of consolidating and ring-fencing the ownership of family assets.”