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ARTICLE · 22 JANUARY 1998

Establishing Trusts In Gibraltar

GibraltarTax
Gibraltar's Common Law legal system makes it an excellent jurisdiction for the establishment of trusts. Gibraltar was the first jurisdiction to enact legislation to remove the effects of an old Elizabethan statute so that a trust may be settled in Gibraltar and the assets within that trust placed beyond the reach of future creditors of the settlor providing the settlor clearly remains solvent having settled the assets. Because of this legislation, Gibraltar is regarded as the most suitable jurisdiction for such trusts.

Trust deeds can be drawn up with a considerable degree of flexibility. The Valmet Trust Company Limited is available to act as Trustee or CoðTrustee of any trusts in Gibraltar.

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