#Japan #Tokyo #Famitra #SBI Securities #Family Trust

Famitra and SBI Securities Join Forces for Family Trust Services

Recently, the family trust service provider Famitra, led by CEO Katsuhito Mitsuhashi, announced a new partnership with SBI Securities, headed by President Masato Takamura. This collaboration aims to enhance services in asset inheritance and management to better cater to a growing customer demand in these areas.

What is Family Trust?

Family trust, also known as civil trust, is a system designed for individuals to entrust their important assets, such as cash and real estate, to trusted family members while they still possess decision-making capabilities. This arrangement ensures that even if one's judgment declines due to conditions like dementia, their assets can still be managed flexibly in accordance with their wishes and the needs of their family.

Famitra's Approach to Family Trusts

Despite the potential benefits, family trusts have not been widely adopted due to complexities and associated costs. Famitra aims to change that by harnessing digital technology to streamline and lower these costs, making family trusts more accessible to a broader audience. After the establishment of a trust, Famitra provides continuous support based on contracts created by lawyers, ensuring that the management of family trusts remains smooth until the trustor's passing. This service allows both the trustor and their family to manage their assets with confidence and security.

About Famitra

Famitra envisions itself as a 'concierge for the 100-year life era,' dedicated to enhancing the happiness of families across Japan. The company’s mission is to normalize the concept of family trusts and promote their commoditization through IT-driven efficiency. As a notable player in the AgeTech sector, Famitra leverages technology to provide sophisticated family trust services.

Consulting Service for Establishing Family Trusts

Building a family trust involves careful decision-making regarding which assets to entrust and to whom. This process requires significant time, effort, and expertise. Famitra offers personalized consultations to help individuals and families inventory their assets and articulate their desires for retirement. Through family discussions, they support the creation of an optimal family trust structure suited to the family's vision of retirement.

Operation Support Service for Family Trusts

After establishing a family trust, it’s essential for the entrusted family members to manage and utilize the assets according to the contract's stipulations. To facilitate this, Famitra offers cutting-edge applications developed in-house and establishes support systems for ongoing communication and advice.

Famitra's headquarters is located at the 5th floor of the 35th Kowa Building, 1-14-14 Akasaka, Minato-ku, Tokyo, Japan. With a focus on providing valuable resources and expertise in family trusts, Famitra continues to pave the way for security and confidence in asset management for families.

For more information, visit Famitra's Website.