How to Set Up an Offshore Trust Step-By-Step #assetprotection #offshoretrust | The Business Guy
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How to Set Up an Offshore Trust Step-By-Step #assetprotection #of…
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Do you know the 4 key parties involved in an offshore trust? Here’s the structure, explained simply: 1)Settlor – the person who creates the trust and contributes assets. 2)Trustee – usually based offshore, they hold legal title to the trust property. 3)Beneficiaries – the people or entities who benefit from the trust. 4)Protector (optional) – provides oversight, with powers like removing trustees or blocking distributions. All of this is laid out in the trust deed, which spells out how the asset
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