STAR Trusts are a form of trust that is exclusive to the
Cayman Islands (Cayman), and which have a wide variety of practical
applications. The unique features of a STAR Trust provide clients
with structuring options that are often not possible with an
ordinary trust, and which can be particularly useful in a
commercial and transactional context. This article summarises the
main features of a STAR trust and some of its keys practical
applications.
Key Features:
Beneficial Objects
The beneficiaries and/or objects of a STAR trust may be persons,
purposes or a combination of the two. There may be any number of
beneficiaries, and the purposes may be of any kind –
charitable or non-charitable – provided that they are lawful
and not contrary to public policy in Cayman.
