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.