Estate Planning & Legacy Issues

Security and continuity planning for your family or business is a vital responsibility. However, if you have large assets, a complex financial profile and assets in a number of different jurisdictions, your estate planning will require superior knowledge and services, particularly of offshore opportunities. Depending on your personal circumstances, you may wish to establish a trust as part of your estate planning solution.

Profiles of typical trust clients:

Bermuda Residents and homeowners

Many Bermudians create a personal trust to own their residence. In this way, probate fees and stamp duty can be substantially reduced in the event of death. For added convenience, the trust fee can be blended with the regular mortgage payment.

Retirees or individuals approaching retirement

People in this position may want to consider a trust structure to ensure the tax-efficient distribution of their property to their heirs.

Offshore clients

Bermuda-based trusts are ideal for holding investment portfolios or shares of private businesses, asset protection, estate planning and the passing on of intergenerational wealth.

Advantages of Trusts:

Bermuda-based trusts are highly flexible structures enabling residents and offshore clients to implement personal financial planning strategies that can help protect and grow their wealth.

• One of the world's premier offshore jurisdictions and an innovator in trust administration, Bermuda features a supportive regulatory environment and sophisticated financial infrastructure.
  
  
• Bermuda-based trust structures offer complete flexibility and can be tailored to meet each individual or family's requirements.
  
  
• Trusts ensure a high degree of asset protection and can be used with a wide range of complementary financial planning options.
  
  
• Because of the broad spectrum of assets they can hold, trusts ensure a unique approach to personal wealth management.

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