A family trust was an extremely secure means of asset protection in Europe and the United States.
There was a saying in Oskia that wealth does not last for three generations. The reason for this was that the fathers were the ones who made the fortunes whereas the children and grandchildren were the ones who lived extravagantly, squander their money, have low vision, and were incompetent in maintaining their businesses which could easily lead to family bankruptcy and overnight reversion to thei