Trusts
What is a trust ?
A trust is a legal arrangement, almost always in
writing (the Trust Deed), whereby the original owner of the assets
(the Settlor), transfers them to another (the Trustee), who will
hold the assets for the benefit of others (the
Beneficiaries). The Settlor can also be a Beneficiary of the
trust.
Forming a Jersey trust is a highly effective way
of protecting wealth and Fairbairn Trust Limited, generally in
conjunction with the client's professional advisers, can arrange
for trusts to suit individual requirements.
By creating a trust the Settlor gives up legal ownership of
the assets. They are transferred or gifted into the trust fund so
it is essential that the Settlor understands fully the implications
of creating a trust.
The creation of an offshore trust is capable of delivering
significant benefits both to the Settlor and Beneficiaries.
Please click
here to read about the
potential benefits of a trust.
Fairbairn Trust Limited offer the following types of
trust:
These are just a few examples of the services that can be
provided by our Trust Team. Our team is also well versed in
insurance related products and the incorporation and administration
of corporate vehicles.