Establishment and administration of a foreign trust and managed trust company: if you're searching for a financial structure which provides maximum protection for your assets then considering setting up a foreign trust and managed trust limited company could be the way forward. These structures are particularly useful for assets which are not immediately required, but which need to be securely held until such time as they need to be realised. Establishing a suitable trust can be a challenge, which is why it's always worth getting a free consultation from a reputable company with the expertise to advise on your individual circumstances.
Ideal for monies accrued abroad - although the procedure for the establishment of a foreign trust can be challenging, essentially it is a vehicle for keeping assets safe from creditors, government agencies and others who might seek to access wealth, provided those assets have been accrued outside the United Kingdom. Obviously income generated within the Great Britain is normally subject to the taxation. Why not request a free and confidential consultation to find out if your financial affairs mean a foreign trust establishment is the best way forward?
Individual or corporate trustee - if you prefer to keep your anonymity, Coddan Formations Agency can appoint a suitable British individual to act as a trustee, enabling your name to be kept out of any public records. If more suitable, a managed trust private company can be incorporated which has the foreign trust as its main shareholder. In some situations the managed trust company can act more favourably in the interests of the Trust than a single trustee - it's worth getting an expert opinion on which option will suit you best. Coddan Formations Agency has significant experience in setting up and maintaining foreign trust ventures and offers initial free information on your choices.