offshore trusts

An offshore trust is a legal arrangement where assets are placed into a trust managed outside your home country, often in a jurisdiction with favorable laws. This setup can help with estate planning, asset protection, and privacy by separating ownership from control, reducing exposure to certain taxes or legal claims. The trust is managed by a trustee—an individual or entity—who oversees the assets according to the trust’s terms. While offshore trusts can offer benefits, they also require careful legal and financial planning to ensure compliance with relevant laws and regulations.