Offshore trust formation & trustee service.
Preserve your wealth and take control of your assets through the establishment of an offshore trust with Acclime. Our licensed trust and trustee companies offer a comprehensive suite of services designed to meet your unique needs.
Establish and administer your offshore trust with confidence.
Acclime is free from conflicts of interest, always prioritising your and your beneficiaries’ best interests.
With over 40 years in trust services, we offer unwavering stability and a commitment to excellence.
Our competitive fees provide a cost-effective path to trust formation, even for moderate wealth portfolios.
Common questions & answers.
What is an offshore trust?
A fiduciary structure such as an offshore trust can help to preserve wealth and offers a great deal of flexibility over the management and distribution of your assets.
The most widely used vehicle for asset protection is the trust. A trust is able to hold a variety of assets including immovable assets, stocks and shares, investment products, real and intellectual property, bank deposits and life insurance policies.
A trust is a binding arrangement where assets are transferred to a trustee, who administers them for specified beneficiaries according to trust terms.
An offshore trust is created when assets are transferred to a trustee. The trustee becomes the legal owner and is responsible for managing the assets and distributing them to the beneficiaries of the offshore trust (which could include the person or corporation which transferred the assets to the trustees) in accordance with the terms of the Trust Deed.
The terms on which the trustees administer the trust assets are detailed in a trust deed and trust legislation to govern trusts has been enacted in many common law jurisdictions.
Who should use a trust?
A trust is the solution for individuals who want to:
- Preserve their wealth against uncertainty, political, economic or family
- Transfer wealth to their heirs in a tax-efficient manner
- Plan their estate to maximise the benefits of their wealth for family members and others
- Transfer wealth to their heirs in accordance with their wishes and not in accordance with the laws of the country where they live
- Consolidate the ownership of assets owned throughout the world in one location
- Centralised reporting
- Minimise or eliminate estate taxes arising on the death of the settlor
When a trust is established in a suitable offshore jurisdiction, provided that residents of the offshore jurisdiction are excluded from receiving benefits from the offshore trust, then there will be no local taxes applicable to the assets and income of the trust.