A trust can serve a purpose similar to a will for the assets that are held in it. A trust, however, is a much more powerful and flexible legal instrument than a will. In addition, since the trust is located internationally, there may be tax and estate planning advantages to be considered.
An international trust is an excellent estate planning medium that can facilitate the transfer of assets to your family in the near-term, the future or after death. It may also be effective for preserving and enhancing your wealth and the amount available for your chosen beneficiaries. To make the most of your own situation, we can help you determine how an international trust might best work for you.
A well-designed trust structure may protect your assets against:
- Appropriation and confiscatory tax policies
- Economic instability
- Improvident heirs
- Creditors
- Probate on assets held in several countries
- Undesirable business succession
- Forced heirship in local laws dictating beneficiaries not in line with your wishes
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