Offshore Trust and Private Interest Foundation
An Offshore Trust or Foundation are ideal tools for the purposes of estate planning and asset protection. The use of a discretionary Trust or Foundation enables a family fortune to be easily preserved for the benefit of several generations.
Each trust or foundation should be carefully formulated including a detailed need analysis with special attention to the aspects of taxation. The appropriate jurisdiction, the rights of the settlor/founder and beneficiaries, their place of residence and the location of the assets should be carefully chosen as well.