Private Client Services for high net worth individuals and large families providing Trust and Corporate Administrative Services
Family Office Services managing day-to-day Personal and Financial Affairs of international families
Individual Trust Services and Legacy Planning offering the expertise you need to effectively structure your Wealth and Estate Planning to enhance your assets.
Philanthropic Planning – putting your wealth to good use
Private Trust Company Structures for large families with significant wealth
Administration of Purpose Trusts and Special Purpose Vehicles
International Pensions and Employee Benefit Structures
Protectorship of trusts
Corporate Services
Accounting and Management or Bookkeeping Services.
WHAT IS A TRUST?
A trust is a legal arrangement whereby a person (the Settlor) transfers legal ownership of assets to a trustee, who then holds the assets under the terms of the trust agreement for the benefit of the beneficiaries, which may include the Settlor. The trust concept provides estate-planning opportunities because the legal and beneficial ownership of trust property are separated. It is important that experienced professionals carry out the planning and administration of the trust.
Trusts are more commonly used as estate and tax planning vehicles for family wealth preservation and as commercial vehicles to facilitate transactions. However, many more purposes for the use of trusts have been developed including:
To enhance protection against the possible implementation of exchange controls or the seizure of assets due to nationalization or similar measures
To allow for the continuity and retention of family business and property
To hold foreign investments, patents and copyrights or insurance policies
For pre-nuptial arrangements and divorce settlements
To protect the family fortune from dissipation by less responsible family members
To make provisions for spouses, family, friends or charities, including broad classes of beneficiaries such as unborn grandchildren
To consolidate family interests in one estate planning vehicle
To provide protection for families or individuals seeking diversification via the transfer of a portion of their assets to an offshore jurisdiction.
Trusts are also widely used by corporations principally:
For securitisation transactions
To hold employee benefits and pension arrangements
For charitable purposes
As an escrow agent in the sale of a company.
Address: Wessex House 5th Floor 45 Reid Street Hamilton, HM 12
Hamilton Trust Company Limited Phone: (441) 295-6815 International Managers Bermuda Ltd. Phone: (441) 295-3585
Hamilton Trust Company Limited and International Managers Bermuda Ltd. are limited liability companies incorporated and registered in Bermuda and are Licensed to conduct Trust Business and Corporate Service Provider Business by the Bermuda Monetary Authority.
