Many expats shrug off the idea of using Trusts because they feel they are complex or just for the benefit of the very wealthy. Most people are actually oblivious to the real reason why trusts are widely used by wise expats to structure and efficiently hold their valuable assets. Here, we will look closely at…
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A trust is a safe, some say impenetrable structure, that provides a secure platform to house your investments. It offers the assets placed within protection against all manner of eventualities, especially if you establish your trust in Hong Kong. ‘Asia’s World City’ is a highly regulated jurisdiction and has a favourable taxation regime, making Hong…
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There are a few types of trusts, and each type has its own advantages and disadvantages, which you should discuss thoroughly with Soteria Trusts advisor before setting one up. Bare Trust The person who sets up a Bare Trust (the Settlor) should be certain that the assets they set aside will go directly to the…
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A Trust is a mechanism whereby one person (the ‘settlor’) may give away the enjoyment of assets to a group of individuals (the ‘beneficiaries’), while control and decisions on the administration and investment of those assets lie with others (the ‘Trustees’). The Settlor is the person who provides the assets of the trust. Unless he…
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