How Offshore Trusts Can Help Protect Wealth Against Volatility And Attacks

Owing to an increasingly challenging global landscape, settlors are turning to trusts for asset protection – but real care needs to be taken when setting up such a structure.

The global economic, financial and political landscape is arguably more uncertain than it has been for decades. From the wide-ranging, devastating impact of Covid-19 to international trade wars, heightened geopolitical tensions, rising inflation and evolving regulation, people around the world are having to navigate an extended period of volatility.

For high-net-worth individuals (HNWIs), this backdrop presents a host of challenges, not least the need to protect their assets against such uncertainty. Offshore trusts are typically a go-to wealth structuring option for HNWIs, but do they still hold their own in the current environment?