With accumulation of wealth invariably comes the need to shelter assets. Offshore trusts can provide a wide range of benefits to individuals or companies in that regard. Some of the reasons why trusts are set up include
- Tax planning
- Wealth preservation
- Probate avoidance
- Estate planning
- Protection of the weak and vulnerable
- Flexibility and confidentiality.
Trust Formation and Administration is one of the core services provided by Globefin. We can assist you with the establishment of a wide variety of trusts including discretionary, accumulation and maintenance trusts, life interest trusts, pension’s trusts, purpose trusts, charitable trusts and reserved powers trusts..
Once a Trust is established, Globefin Management Services, as trustees, shall be responsible for the safekeeping of the assets of the trust, its on-going administration including ensuring that the requests of beneficiaries are considered, bookkeeping and accounts preparation