is a powerful Estate and asset protection tool as they enable to separate the legal and beneficial ownership of assets. This distinction allows trust to offer a wide range of unique benefits. When a trust is established, assets are given to a trustee to hold for the benefit of certain specified persons known as the beneficiaries. The trustee is then legally required to manage and distribute the assets to the benefit of the beneficiaries. As an illustration, the trust provides flexibility in the way you pass on your wealth to future generations. Our team of trust experts can work with you to provide tailored solutions that meet your needs. You will want to ensure that your wealth is properly managed and distributed after your death so that it can provide for the people who depend on you and is enjoyed by your heirs in the way you intend. By using a trust, we can help you to achieve some control over what happens to your Estate, both immediately after your death and for future generations. Placing assets in trust also ensures that they will pass smoothly to your heirs without delays, costs and publicity often associated with probate. Back
is, as for the trust, an efficient tool catering for Estate planning, asset protection and confidentiality originally in civil law jurisdictions and more and more in common law jurisdictions. The foundation is established by transferring assets into the legal entity which is the Foundation. The board of the Foundation has a duty to administer and manage the assets for the benefit of the beneficiaries in accordance with the terms of the Charter and Internal Regulations of the Foundation. Back
are limited company authorised to act as trustees of one or more family trusts. A PTC provides you with the opportunity to be much more closely involved in the operation of the trust either directly or by appointing to the PTC board trusted advisors or family members is an alternative to using a professional trust company as the appointed trustee although we will still propose our services as administrator of the underlying trust(s). We would also be able to provide local directors to act alongside your owned trusted directors. Back
Tailored to suit the needs of the client, insurance solutions and wrappers are particularly interesting for its fiscal efficiency and tax compliance. Insurance products are recognised in civil and common law jurisdictions, and benefits from the simplicity and favourable tax laws applicable to life insurance policies. Insurance wrappers are life insurance policies holding a specific portfolio of assets that mature on the death of the life insured. Back
a PCC is a company which - in addition to its main, "core" level - contains a number of segregated parts, or "cells". Each cell is legally independent and separate from the others, as well as from the "core" of the company. The undertakings of one cell have no bearing on the other cells. Each cell is identified by a unique name, and the assets, liabilities and activities of each cell are ring-fenced from the others. If one cell becomes insolvent, creditors only have recourse to the assets of that particular cell and not to any other. Back
Our Corporate Trust Team can provide services related to administration of property funds, private equity funds, hedge funds, funds of funds and special purpose vehicles. We can help you with setting up funds, the ongoing administration including banking services, accounting and investor reporting, and management of investments and cash. Back
