 |
|
|
|
|
|
 |
|
Introducing Standard Bank's Offshore trust operations
The offshore trust operations are part of a long tradition in this sphere of financial services provided by Standard Bank. It was in 1880 that the Griqualand West Loan, Trust and Agency Company Limited was incorporated, ultimately to be known as Standard Trust Limited.
Standard Bank's Offshore Trust operations were first opened in Jersey and the Isle of Man in 1992 and the office in Mauritius was established during 1999. The Jersey operation has expanded even further since 1992 resulting from an acquisition, which strengthened and complemented the existing operation.
Our team of trust professionals consists of trained and experienced individuals dedicated to the efficient administration of fiduciary vehicles. We also provide and administer corporate entities, which may offer commercial or fiscal advantages.
Introduction
Offshore trusts and companies can provide a wide range of benefits to individuals or companies looking to safeguard assets including:
| Tax planning |
foreign taxes can have a significant impact, even in countries in which you have invested but have never set foot |
| Wealth preservation |
popular folklore has it that wealth lasts for only three generations but with proper structuring, assets can be protected for much longer |
| Probate avoidance |
a procedure that is otherwise a time consuming, bureaucratic, costly and public exercise |
| Estate planning |
allowing the freedom to plan future financial decision making in a flexible and confidential manner |
| Protection of the weak |
providing financial protection to minors, those with disabilities or spendthrifts, each requiring sound long term financial support |
| Creditor protection |
potential protection against future, unknown claims, thus safeguarding your family's wealth |
| Flexibility |
your finances will be structured to ensure future flexibility, thus enabling change as circumstances dictate |
| Confidentiality |
complete confidentiality of ownership unless you choose to advise third parties |
These benefits are all achieved through the use of structures that have withstood the test of time.
Working together
The Standard Bank Offshore philosophy is to develop a long term relationship with you and our commitment is to provide a high quality personal service which is totally confidential, professional in approach and international in perspective. Assistance will be given in identifying your overall planning objectives and we will quickly indicate the type of service you need and the likely costs involved. Successful international financial planning depends on sound professional advice and we are happy to work closely with you and your professional adviser to achieve this. Meetings can be arranged in most leading international centres as Standard Bank's senior personnel travel extensively.
|
|
|
|
|
|
|
|
|
|
|
