信託制度運用於個人財產規劃之實務問題探討

THE EXPLORATION OF SOME PRACTICAL ISSUES ON TRUST INSTITUTION APPLIED TO PERSONAL PROPERTY PLANNING

胡仲俊(Chung-Jun Hu)

指導教授 ： 林南宏

大同大學/經營設計學院/事業經營學系所/碩士(2006年)

摘要

藉由「信託」來規劃、管理、運用與保全財產，以達到生前照顧自己，死後照顧遺族，甚至造福社會公益等目的，在英美國家已有數百年歷史，信託制度在上述先進國家已十分成熟與普遍。我國信託法、信託業法分別於民國八十五年、八十九年公布施行，而與信託業務密切相關的稅法，亦已於九十年五月經立法院三讀通過，至此，我國的信託制度架構已大致完備。
信託制度的原理為財產所有人將財產移轉或設定於管理人，使其依照信託的本旨，為特定人的利益或特定目的，管理或處分財產。信託制度的各個層面，無論是委託人為達到信託目的而將信託財產移轉與受託人、受託人依信託本旨管理及處分信託財產、受益人由信託財產獲得的信託利益，整個信託制度均圍繞著對信託財產的安排而存在。本研究由探討信託財產的特性及功能，進而歸納與推演該制度在個人財產規劃上的用途和效果。
探討信託制度在個人財產規劃過程中所能貢獻的作為，可以歸類出各項財產規劃的目的，不外乎在進行「擴張財產規模」、「減輕財產規劃稅賦」、「財產保護與傳承」等三項具階段性程序，本研究試圖以上述財產規劃程序作為命題的推演方向，並且經由實際個案的說明及分析，驗證命題推演的真實性。
在個案的探討及分析中驗證了若干信託規劃的成效，包括以集合管理運用帳戶投資運用信託財產，透過專業的資產管理經理人，依不同投資時機及投資標的，執行及調整最佳的資產配置，擴大財產的運用收益；應用信託財產價值與折現值間的差額，規劃「本金自益、收益他益」或「本金他益、孳息自益」信託，驗證具有節稅及贈與後繼續控制財產的效果；委託人預先規劃及安排其財產的分派及使用方式，藉此影響後代遺族的行為模式及生活方式。

關鍵字

個人財產規劃 ； 信託財產

並列摘要

To plan, manage, operate one’s property by Trust in order to look after both himself and the descendant, even be dedicated to social welfare. It has been hundreds of years in British, which has been also mature and popular. In Taiwan, where Trust Law and Trust Business Law have gone effect in 1996, 2000, other laws related Trust have been put into practice in May, 2001. Since then, Trust has come to nearly perfection.
The element of Trust is to entrust or transfer one’s ownership of the property to another one who would manage and operate it followed by purpose of Trust for particular party. In every aspect of Trust, whether to entrust one’s Trust assets for certain purpose, and let the trustee handle, operate it and earn his living by the benefit (commission) from it, which the existence of Trust lies in the arrangement towards. This study would process a deduction of the utilization and effect Trust has on personal asset planning by the features and capability of it.
Discussing the contribution Trust could have done in personal asset planning concludes the aims of it consist of 3 progressive progress: “Property Expansion,” “Tax Reduction,” and “Property Protection and Inheritance.” This study tries to follow these progresses so as to form the direction of deduction, and in time, the testification of it by explaining and analyzing practical cases.
Certain effect of Trust would have been testified through the discussion and analysis of the cases, including operating one’s estate by means of group account to make investments respecting different time and aims and execute or adjust for the best distribution of that by the professionals who try to expand the most profits in operation. Making the most of the balance between practical Trust estate amount and exchanged amount to plan a “holding the capital while others get the benefit” Trust with a view to identifying the efficiency of tax saving the continual control over one’s asset. The trustee may prearrange the way to operate or to distribute the asset to impose an influence upon the conduct or life style of the offspring

並列關鍵字

PERSONAL PROPERTY PLANNING ； TRUST ASSETS

參考文獻

Gardrer, Simon. “An Introduction to the Law of Trusts,” Oxford University Press, (1990)： 8.

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Ross, Stephen A. Randolph W. Westerfield, and Bradford D. Jordan, “Fundamentals of Corporate Finance” Irwin McGraw-Hill Co., 5th ed., (2000)： 141-153.

Xie, Zhe-Sheng. “Theory of Trust Law,” Angel Book Co. (Jun 2003).

Yang, En-Pei. “Study of Trust Behavior and Land Tax ,” Thesis for Department of Finance of Ming Chuan University (2003).