Guide to Offshore Trusts:
Offshore trusts can offer major benefits to many investors and other individuals with substantial capital assets. For example, a carefully established offshore trust can transfer a person's investments to a vehicle which may permit the deferral or minimization of income taxes on investment income without contravening the tax laws of the person's home country. There are other important benefits that may be derived from offshore trusts.

What is an Offshore Trust?
Trusts can be located either in the settlor's home country or offshore. A trust may be may be made, signed or administered anywhere in the world. The only requirement is that the jurisdiction under which the trust is established recognizes the legal concept of the trust. Accordingly, an offshore trust is simply any trust that has been created and is to be administered by trustees located in a jurisdiction other than the settlor's home country.

Selecting a Trustee
The proper selection of a trustee for your trust is crucial as the trustee will take legal ownership of the trust property. The trustee selected should normally be restricted to financial institutions specializing in trust services. Numerous reputable and well established trust companies exist both onshore and offshore with extensive experience in trust administration.

Offshore Companies
An offshore company allows the client to remove himself from apparent ownership of the company for trading, asset holding or confidentiality, or other reasons. A company is a separate and distinct legal entity - a person in law - from its owner. The ownership of a company is by its shareholders; the control is by its directors.

Offshore Banking
Offshore banking is founded on secrecy. Bank staff sign declarations of confidentiality and the system would fall down if clients did not have faith in the secrecy of their affairs and transactions. In some countries this is underwritten by law, but in most it is an unwritten rule strictly adhered to. Only in cases of properly authorised criminal investigations will information be given to the authorities.

benefits of an offshore trust
Protection and preservation of assets for future generations. tax and estate planning including mitigation of inheritance tax, income tax and capital gains tax. avoidance of probate formalities and succession laws. succession planning. protection against political uncertainty.

Offshore Trust Links

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