It’s A Trust Jim But Not As We Know It

Ben Tustin, Manager Founding Director of Marlborough Trust in Guernsey, considers some examples of how the innovative Risk Purpose Trust (RPT) could be utilised.

With constant changes to non-UK domicile rules, and regular attacks from HMRC, you would be forgiven for thinking that the use of trusts for tax and commercial planning is now somewhat limited. However, this would be forgetting the very nature of the trust itself - to provide benefits in a highly flexible and adaptable manner.

It is this flexibility that led to the creation of the Risk Purpose Trust ("RPT"). The RPT was conceived, developed and implemented by Princeps Limited; a joint venture between Guernsey trust company Marlborough Trust, Robus Group, the Guernsey and Gibraltar based insurance managers and Richard Gale, insurance sector consultant.