Having regard to the risk of offshore trusts being attacked as being resident in the jurisdiction where their settlors are resident, the role of a “Protector” to an offshore trust is becoming more important to ensure that the settlors and beneficiaries of offshore trusts do not unduly influence the foreign resident trustees. In addition to addressing such tax risks, our Protector service also offers clients more protection and confidence given the powers of trustees that control the trust assets. By virtue of its legal, tax and commercial risk management knowledge, we offer the services of-
- acting as the Protector to offshore trusts
- fulfilling the role of an “Enforcer” to a Purpose Trust
- provide advise with our tax knowledge and business acumen
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