To cite a concrete example, a family-owned business may strain relations among three children with varying degrees of involvement or interest, according to Michael Wargon, a trust and estates attorney who works with high net worth clients as a partner in the Boca Raton, Florida-based office of Day Pitney. At the same time, that business "is very often a major source of wealth for a family," he pointed out. Transferring a minority interest or other partial stake to a trust can preserve more planning options ...