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Trusts are private arrangements
between the Trustee and the Beneficiaries, with
confidentiality
as a paramount consideration.
Discretionary
Trusts
Usually trusts are of a
standard discretionary nature for the benefit of individuals, typically family
members.
Purpose Trusts
A purpose trust will be created
for specific reasons and is therefore a different entity from a trust prepared
for the benefit of individuals. They are usually utilised for commercial
activities.
Fixed interest Trusts
Here an individual might be
entitled to income only and the trustees discretionary powers will need to be
limited. Different individuals might be entitled to capital.
Our group is
able to act as professional
trustee to international private clients. We will arrange the formation of a
suitable trust and then administer the trust affairs as professional corporate
trustee.
The original Settlement deeds
are prepared with assistance from our own legal advisors to ensure that best
industry practice is followed in the light of recent legislation at the time of
creation.
We can create Malta, Jersey,
Guernsey or other jurisdiction trusts in accordance with client requirements.
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