Ambrose Appelbe is authorised and regulated by the Solicitors Regulation Authority with registration number 191153.
Family Law
Dispute Resolution
Private Client
An Offshore Trust is one that appoints ‘Offshore Trustees’ and is governed by the laws of an offshore jurisdiction (the Trust document will contain an express clause stating which jurisdiction’s law will govern the Trust). Often, the Trustee(s) will be a corporate entity that it incorporated and licensed to carry out Trust functions in an offshore jurisdiction. Offshore Trusts are normally associated with mitigating tax and protecting assets and are characterised by the fact that the Offshore Trustees will operate in a jurisdiction which benefits from a more favourable tax regime. Equally, however, Offshore Trusts may be used to achieve similar objectives to onshore Trusts in terms of estate planning, providing for minor or incapacitated beneficiaries, or directing how assets should be dealt with on a more long term basis after your death. Our Private Client Team is able to provide detailed and comprehensive advice to Offshore Trustees as well as beneficiaries and Settlors on all aspects of Offshore Trusts and the associated tax planning options available.
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Ambrose Appelbe is authorised and regulated by the Solicitors Regulation Authority with registration number 191153.
Family Law
Dispute Resolution
Private Client