Why Establish A Bahamian Trust?

Most people have only a vague idea of what a trust is. It is the formal transfer of assets, for example property, shares or cash to a trustee (perhaps one or more individuals or a trust company) with instructions that they hold the assets for the benefit of others. The trust document states who is responsible for looking after the trust assets (the trustee) and who is to benefit (the beneficiaries) and any rules or conditions which the trustee or the beneficiaries must observe. The trustee is the legal owner of the assets but the beneficiaries are the beneficial owners.

There are several good reasons for you to make a trust in The Bahamas, some of which are mentioned below.

Confidentiality: