How to set up an Offshore Trust
The first step to establishing an offshore trust is to undertake a full financial review and decide exactly which trust structures suits your needs now and in the future. There are many different trust structures that can be utilised. Please click the appropriate link to the left for more information.
In order to establish an offshore trust (with exception to purpose trusts) you need to decide exactly who the beneficiaries are, which assets are to be held by the trust, what remit the trustee has and what exactly you want the trust to do.
Usually a written document is drafted called the trust deed, which includes the decisions made above, and is cross examined by a lawyer. The final step is to appoint a trustee and have them sign the document and then sign it yourself.
Atlas can provide assistance throughout the entire formation process, as well as provide further administrative support to your trust structure. Please contact one of our specialists for more information