Benefits of a Trust
In any of the following situations, the creation of an offshore trust is capable of delivering significant benefits both to the Settlor and Beneficiaries:
- the need for avoidance of expensive and complicated probate procedures
- tax planning, especially in the context of migrating from one country to another
- the need for confidentiality
- succession planning, especially in the area of avoidance of forced heirship
- providing a safeguard against possible political disturbance in a home country
- protection from adverse consequences of the imposition of, or changes in, exchange control regulations in a home country