Trusts and foundations
If you would like to arrange your global assets efficiently so as to be able to adequately and discreetly provide for current and future generations of your family, according to your exact wishes a trust or foundation is quite likely the most appropriate solution for you.
A trust is an arrangement by which one person, the 'settlor', usually transfers their assets to a trustee. The beneficiaries may includ ethe settlor but equally may include current and future generations of the wider family. The trust is probably the most efficient way of transferring wealth. Historically, this solution has been common-place in Anglo-Saxon countries but has over time extended its reach around the globe.
A foundation is particularly suited to achieving charitable, religious, educational, scientific or literary goals.
Its legal form gives you complete freedom to decide how to invest your various assets: real estate, equities, life insurance, etc., and to whom and when to distribute them.
A foundation also offers administrative flexibility equivalent to that of a company.
A comprehensive programme
We offer the most comprehensive programme for creating and administering your trust or foundation, no matter what your circumstances or your location worldwide.
Trust and duty
You take the free decision to delegate decisions to a “trusted person”, the Trustee, who, according to instructions set out in a “trust deed” will take on the duties of:
- Providing assistance to family members and beneficiaries when the unexpected occurs
- Acting on your behalf, in case you are rendered incapable
The choice of a trustee is a key element of your inheritance planning strategy. Societe Generale recommends the use of one of its six trust and fiduciary companies located in the following jurisdications:
- New Zealand
Entirely owned by the Societe Generale Group they operate with the highest standards in terms of ethics, skills, quality of service and confidentiality.