Guernsey-based trusts offertax-planning benefits

Guernsey-based offshore trusts are increasingly being used by individuals for investing pensions and by corporate clients as an effective means of sheltering from tax

The use of trusts for tax planning and the protection of assets by high-net-worth individuals is well established. A more recent development in the long history of trusts has been their use by corporate clients whenever a commercial benefit may be found from separating the beneficial ownership of property from the legal title to it. Guernsey has highly developed expertise in the field of trust advice and services and a well-deserved reputation for excellence in trust administration. The use of Guernsey trusts, tailored for the individual or corporate client, continues to develop. This...