TRUST FORMATION AND MAINTENANCE

 

The professionals at Blenheim have decades of experience in providing for:

 

u Flexible planning for accumulation, maintenance and succession.

u Protection of Privacy.

u Wealth and assets protection and inheritance wishes.

u Efficient investment services.

u Exemption of tax, competitive costs and swift, simple procedures.

u Access to experienced trust professionals and legal advice.

 

Creating a trust, usually combined with an underlying company, provides a vast range of benefits. The two guiding principles of the BVI legislation are protection of the trust’s interests and assets and facilitation of its management and operations.  The many benefits include:

 

u Protection of wealth and inheritance wishes.

u Protection of trust interests.

u Privacy, no public filing or registration ensures confidentiality.

u Protection from forced heirship laws and community property regimes.

u Rule against perpetuities modified

u Provision for accumulation and maintenance.

u Provision for reservation of powers by the settlor.

u Duties and role of the protector established.

u User friendly trust deeds.

u Facilitates comprehensive investment strategies.

u Vast range of estate planning options.

u Formation of charitable and non-charitable trusts.

u Swift, straightforward and cost-competitive operation.

u Broad powers for the trustee to invest as he wishes.

 

The crafted legislation of the BVI provides for the trusts to be drafted in a way that will meet a wide range of client requirements including:

 

u Revocable and non-revocable trusts

u Short-form or long-form trust deeds

u Full discretionary or fixed interest settlements

u Accumulation and maintenance settlements for minors

u Charities and protective trusts

u Purpose trusts

u VISTA trust

u Private Trustee Companies