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In this era of global expansion, the establishment of trusts in overseas locations is becoming an increasingly popular investment option. With a bewildering variety of offshore jurisdictions to choose from, sound advice as to the advantages and pitfalls of investing in each location is essential.
International Trust Laws and Analysis provides all the legal, tax, and estate-planning intelligence necessary for professional advisers to recommend offshore jurisdictions to their clients--as well as the tools to establish and operate trusts in compliance with all applicable rules and regulations. The full text of the trust laws of 60 countries is included with clear, concise comparison charts aimed at reducing research time. The 29 vital elements of each jurisdiction's laws are analyzed in detail.
This major reference work is a one-stop guide to the formation of offshore trusts. The work is kept up-to-date by regular supplements, which track the key changes and developments in foreign trust laws and practices.
Professional consultants involved in trust establishment, including bankers, independent lawyers or in-house counsel, tax consultants, accountants, public relations advisers, and actuaries, will find International Trust Laws and Analysis an invaluable, efficient, and reliable source of practical reference and information.
Table of Contents:
How to create a trust
Registration forms when required
Foreword
Introductions
Foreign Trust Law
Comparison Chart
Glossary of Terms
Full Text and Explanation of Foreign Trust Laws: Andorra. Anguilla. Antigua and Barbuda. Aruba. Australia. Austria. Bahamas. Barbados. Belize. Bermuda. British Virgin Islands. Brunei. Cayman Islands. Cook Islands. Costa Rica. Cyprus. Gibraltar. Grenada. Guernsey. Hague Convention on Trusts (includes Netherlands, Portugal, Italy, France, Belgium, Spain, Luxembourg, etc.). Hong Kong. Ireland. Isle of Man. Jersey. Labuan. Liechtenstein. Madeira. Malaysia. Malta. Marshall Islands. Mauritius. Monaco. Montserrat. Nauru. Netherlands Antilles. Nevis. New Zealand. Niue. Panama. Prince Edward Island. Russia. St Kitts. St Lucia. St Vincent. Samoa. Seychelles. Singapore. Switzerland. Turks and Caicos. United Kingdom. United States (Alaska, California, Colorado, Delaware, Montana, Nevada, New York, Rhode Island). Vanuatu.
Point-by-point analysis covering the 29 vital elements of each country's law:
Legislative Background
Formation
Exempt Tax Status
Minimum Assets
Residency Requirement
Registration
Revocable or Irrevocable
Void or Voidable
Settlor as Beneficiary
Perpetuity Period
Wait and See Provision
Accumulations
Beneficiaries
Trustees and Trustee Companies
Enforcers
Protectors
Confidentiality Rules
Financial Disclosure
Redomiciliation
Government and Private Fees
Exchange Control
Tax Treaties
Restrictions
Asset Protection
Fraudulent Dispositions
Time Limit to Bring Suit
Foreign Court Awards
Forced Heirship
Other Types of Trusts
Government Control