Offshore Services

Offshore Trust

The concept of trust is old and going back to the Roman times. A trust can be in the form a simple verbal agreement, which is then confirmed in writing and in that docoment (known as "Trust Deed") the terms and conditions of trust upon which the trust assets are held and managed by the Trustees and the rights that at can be excercised by the Beneficiaries.

Offshore trust or any olther trust is an agreement when assets are transferred from a person (known as "Settlor") to another individual or corporate body (known as "The Trustee") to hold the property for the benefit of a previously appointed persons (known as "The Beneficiaries"). The assets of the trust normally include money, property (estates or intellectual rights), stocks and shares, any movable or immovable assets.

Advantages of Offshore Trust