910 Offshore trust formation

Offshore trust formations have the primary provision which stipulates that the legal right to handle the trust assets is distinct and separate from the right to benefit from them. Some important points to note about offshore trust formation is that they can irrevocable or revocable, discretionary or fixed.

Furthermore, the most common offshore trust form is the discretionary trust. There are some very important guidelines that govern the formation of trusts and these must be highlighted clearly.

If you choose a good offshore company advisor to help you with an offshore trust formation, you can benefit from excellent opportunities for estate planning. This is because they should know exactly how to properly use offshore trusts and foundations in order to obtain the maximum benefits from them.

The company you choose should help you with a detailed needs analysis, clearly formulated objectives and a thorough assessment of all the parameters involved in establishing an offshore trust.

The fact is that there are many factors that need to be considered when setting up an offshore trust. As a result, it is imperative that you obtain advice from a reputable company. This is because they should have the knowledge, experience and expertise in the field of offshore trust formation. Most are specialists in offshore trust formations in the British Virgin Islands, Jersey and Guernsey and are able to facilitate and streamline the entire process of forming an offshore trust. For more information on how we can assist you with offshore trust formation, get in touch with an expert today.