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ARTICLE · 14 APRIL 2022

How To Choose The Right Jurisdiction For Your Trust

With scores of jurisdictions to choose from around the world, finding the one that will best meet your trust needs can be a challenge – but there are five key factors that can help with the decision...

GlobalWealth Management

With scores of jurisdictions to choose from around the world, finding the one that will best meet your trust needs can be a challenge – but there are five key factors that can help with the decision, explains Ada Ling, Director.

Over decades, trusts have built an enviable reputation around the world as a key strategic tool for asset protection and succession planning. In their many guises – from Singapore's private family trusts to Jersey's discretionary trusts – they offer parties the benefit of flexibility, robust financial planning, and the potential for a smooth succession from one generation to the next.

In light of the Covid pandemic and ongoing economic and geopolitical uncertainty, these are characteristics that are particularly appealing to people who want to protect their wealth both now and for the future.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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