A trust is a legal structure established by a settlor, whereby assets are transferred to a trustee who must manage and distribute these assets for the benefit of specified beneficiaries in accordance with the terms of the trust instrument.
Trusts are the most commonly used vehicle by high net worth individuals for their estate planning purposes. As opposed to foundations, trust arrangements require that settlors do not retain control over the trust assets or the right to direct the trustee's actions.
At ARIFA Corporate Services, we offer you full trust services, including, assistance with:
- Setting up your trust
- Transactions involving your trust
- Provision of trustee and domiciliation services for your trust
- Transfer of the administration of your trust to us