Offshore Secrecy Law: Confidentiality and Transparency

Format: Hardcover

Language: English

Format: PDF / Kindle / ePub

Size: 8.67 MB

Downloadable formats: PDF

The assets relating to a testamentary trust form part of your estate, so they are subject to any estate fees or taxes that apply. This flexibility will normally avoid the necessity of conservatorship proceedings in the future, and will provide for the smooth transition of control from the trustor to a trusted, selected individual or entity. Someone may have $200,000 in assets but may be adamant about their estate avoiding probate. You have some money saved, but not enough to retire.

Pages: 640

Publisher: Academy & Finance (December 31, 2013)

ISBN: 2970060280

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