In Monstro, we utilize the concept of “ownership structures” to help categorize and define the ownership of your Holdings.
Holdings can encompass a variety of assets, including but not limited to investments, insurance, debt, real estate, collectibles, cryptocurrency, and even grapevines.
At its core, an ownership structure is designed to:
- Organize your Holdings based on ownership:
- Personal Structure: This refers to assets that are exclusively owned by you. By default, your initial ownership structure in Monstro is set as a personal one.
- Household Ownership Structure: As the name suggests, this categorizes assets owned jointly by you and one or more members of your household.
- Entity Ownership Structure: This is designed for assets held by a corporate or other legal entity in which you have a stake or membership.
To view and manage your Holdings as well as their associated ownership structures, simply navigate to your profile within Monstro.