What Added Asset Protection Does a Nevis International Exempt Trust Offer?Typically, a Settlor looks for a safe and stable jurisdiction to maintain their assets and seek to protect the Trust Property from future litigants, who may attack the Trust in the hope of setting it aside in order to have access to the Trust Fund. An attempt to attack a Trust could come from an array of complainants such as; a disgruntled Beneficiary, a divorcing spouse or a future creditor.
In the case of a Nevis International Exempt Trust, the Law states that:
These unique aspects of the Nevis Trust legislation combined with ensuring that the goals and intentions of the Trust are properly discussed with the Trustee at the outset and that the Deed is properly drafted on establishment, will provide the Trust with a high level of protection against any potential attack and produce a robust asset protection structure to suit the Settlor's needs.
NEVIS TRUST CRITERIA - Exempt from Nevis taxation and exchange regulations
BASIC NEVIS TRUST STRUCTURE
A usual structure with client's control over the trust by a Trust Company is as follows:
If you want to protection by a trust without lossing the control via a trustee, please do not hesitate to contact us for set up a Nevis trust.
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Disclaimer: Whilst reasonable care has been taken in provision of information above, it does not constitute legal or other professional advice. INTERSHORES does not accept any responsibility, legal or otherwise, for any error omission and accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, readers are advised to take appropriate professional advice before committing themselves to any involvement in jurisdictions, vehicles or practice. |
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