Offshore Trusts and Trustee Services

A trust is a fiduciary arrangement, with the naming of a trustee whom you assign to manage, distribute, and report on your holdings.

Many offshore jurisdictions have different rules regarding who trustees can and cannot be; usually, it is that the trustee(s) must be residents or citizens of the country in which one chooses to establish their trust. Sometimes, it is the opposite. These rules are in place mostly to serve as the reasoning behind significant tax advantages, as well as identity protection and other factors.

Offshore Trusts Advantages

  • Recognized in all common law jurisdictions.
  • Increasing recognition in important civil law jurisdictions.
  • An important tool in international income, capital gains and estate tax planning.
  • Private relationship, for example, in the Isle of Man offshore trust deeds are not publicly registered.
  • Wealth protection.
  • Tailored to specific family needs.
  • Used by corporations for employee benefit plans, retirement and stock option schemes, insurance plans and special financing arrangements

At Offshore Banking International, we offer trustee services as part of our offshore trust setup package, or as a separate service available to all of our clients. We can work with you to customize your trust structure, act as trustee, manage and distribute your funds, do all necessary reporting, and even give you recommendations for your trust planning.

To learn more about offshore trusts, and decide which one is right for your wealth management, click here.

To discover the process of establishing an offshore trust, click here.