When setting up an offshore trust, you will be placing your assets into a formation that protects your assets for the benefit of another party, commonly known as a beneficiary. In common law systems, when forming a trust, a agreement is created that stipulates who will be entitled to the settlor’s property. Upon formation, property is transferred into the trust for the benefit of the third party. The property can encompass both tangible and intangible entities.
EFSAG can assist you with the formation and effective management of your offshore trust. For further information, please Contact Us.
Types of Property that can be held
Holding your assets in a trust will involve selecting an appropriate jurisdiction. Depending on the jurisdiction in which it will be created, the type of trust property that can be placed within it will vary significantly.
A trust varies in size, duration and content, and therefore the property that is placed within will also vary significantly. Depending on the country in which it is established and the type of trust that is formed, you may or may not be able to place the property you desire.
The following list includes some of the property that can be placed into an offshore trust:
Stocks and Bonds
Land or Buildings
Business or Partnership interests
Trademarks and Patents
Other trust property can be placed into an offshore trust agreement, however it is important to bear in mind that your formation is tailor-made with the settlor’s needs in mind. Furthermore, each offshore jurisdiction will differ in terms of what it can offer within the trust, as well as how it must be administered in compliance with that jurisdiction.
Please visit our Trust Jurisdictions section to find out about the types of property that can be held of each of our available jurisdictions.