Offshore trust formations have the primary provision which stipulates that the legal right to handle the trust assets is distinct and separate from the right to benefit from them. Some important points to note about offshore trust formation is that they can irrevocable or revocable, discretionary or fixed. Furthermore, the most common offshore trust form is the discretionary trust. There are some very important guidelines that govern the formation of trusts and these must be highlighted clearly. We could also advise on estate planning by using offshore trusts and foundations in order to obtain the maximum benefits from them.
We can help you with a detailed needs analysis, clearly formulated objectives and a thorough assessment of all the parameters involved in establishing an offshore trust. We are able to facilitate and streamline the entire process of forming an offshore trust.
Hong Kong