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Offshore Asset Protection Trusts

Offshore Contact A trust is an equitable obligation, binding a person (who is called a trustee) to deal with property over which he has control (which is called the trust property), for the benefit of persons (who are called the beneficiaries or cestuis que trust), of whom he may himself be one, and any one of whom may enforce the obligation. Legal ownership and direct control of the trust property must be transferred to the trustees. The trust is created by written document, the trust deed, which will express the terms on which the trustees must administer the trust property.

We believe an effective offshore asset protection trust must include:

  1. the maximum possible tax avoidance allowed by law
  2. the greatest possible financial privacy
  3. the highest level of asset protection
  4. access to the most profitable investments available

A principal legal device that satisfies all of these objectives is the trust, especially an offshore asset protection trust, created in one of the several haven nations hospitable to wealth and asset protection.

Protecting assets entails many hazards - Lawyers, accountants or financial advisors can easily claim to understand asset protection, offshore investing and international estate planning. But too often plans touted by those who only pretend expertise result in loss of financial control, flexibility and even assets themselves. That's why we provide you personal access to carefully selected and highly professional financial, tax, and asset protection professionals. These experts understand your goals and will help you realize your wealth and asset protection plans.

Depending on your own personal circumstances, one of their recommendations is likely to be the creation of an offshore asset protection trust.

A trust can be utilized if someone has mental disability that impairs their ability to maintain their own finances or is simply underage. The trustee is taxable on any funds not distributed to the beneficiaries.

To learn more about the different types of "trusts", please write to us.

 

Contact Us today and recieve information for Offshore Banking and Offshore Investing.