Settlor
Origin of intent and capital.
Once the trust is established, the settlor steps back.
Control is replaced by structure.
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Trust · Governance Layer
The trust is the centre of gravity.
It defines ownership, governance, succession and continuity.
It does not manage assets — it governs them.
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SPVs · Risk Segmentation
Special Purpose Vehicles isolate risk.
Each entity contains a function, a geography or an asset class.
Failure is contained, never systemic.
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Assets
Operating businesses, real estate, portfolios, or strategic holdings.
Assets fluctuate. Structures endure.