As AIFs are long-term assets, they often outlive their original investors. Integrating AIF holdings into your Estate Plan is crucial.
Since AIF units are now dematerialized, they can be easily transmitted to a nominee. However, the *commitment* liability also passes on. Heirs need to be aware that if a capital call comes, they must honor it. Structuring AIF investments through a family trust is often the cleanest way to manage this inter-generational wealth transfer.
