Trust Administration ServicesAn international trust can play a key role in ensuring that your beneficiaries are treated fairly and considerately in accordance with your wishes, while giving you the security of knowing that your assets are safe. Since trusts avoid the public process of probate, your beneficiaries may gain access to assets more quickly than they might to assets that are transferred using a will. Additionally, if a trust is irrevocable, it may not be considered part of the taxable estate, so fewer taxes may be due upon death. Other benefits of trusts include:
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Private Trust CompanyA private trust company (“PTC”) is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of “connected” trusts. This has proven to be a particularly attractive structure for wealthy families who are sensitive to issues of confidentiality, or who wish to retain some control or influence over the administration of the trust assets which may also include shares in the family company. Company Management ServicesHolding securities, real property or other investments in an offshore company offers many potential advantages, including:
Global Custody ServicesIf you invest internationally, or are interested in doing so, you will want your assets to be protected and your transactions handled accurately and efficiently. Our global custody service allows you to consolidate your international portfolio in the hands of global custodian. You enjoy ease of administration and avoid cost duplication, whilst benefiting from preferable pricing from one of North America’s largest custodians. |
For more details on Fiduciary Services contact us:
The Bahamas | The Cayman Islands | ||
Managing Director FirstCaribbean International Trust Company (Bahamas) Limited Tel: 242 356-1803
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Director - Fiduciary Services FirstCaribbean International Bank and Trust Company (Cayman) Limited Tel: 345 914-9423 |