A guide for professional advisers working with offshore trusts, providing information on each offshore jurisdiction's trust laws. Entries on the most popular trust jurisdictions offer general background and detailed information on trust law, proper law of a trust, creation of a trust, and administration, as well as taxation and fiscal regulations,
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During the last 30 years the use of offshore trusts has increased in tandem with the increasing internationalization of the affairs of both individuals and businesses. Professional advisors now invariably regard offshore trusts as providing all or part of the solution when confronted with complex technical issues relating to international estate planning, asset transmission, asset protection, group structuring and international tax planning generally. This guide deals with many topics on this subject such as the formation of a trust, the rights of a settlor, perpetuity rules, duties of trustees, charging clauses, powers and obligations of protectors, secrecy and confidentiality and taxation. The various sections can be cross-referenced across the different jurisdictions covered.
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