A Trust is a popular means of providing global asset protection to persons with estate planning and confidentiality needs. It is a legal mechanism through which a person (the Settlor) transfers the legal title of his assets to another person or entity (the Trustee) with guidance as to how the assets should be managed for the benefit and enjoyment of the designated persons (the Beneficiaries).
Principal Benefits of a Trust
The separation of the legal and beneficial ownership of Trust properties offer special advantages and benefits such as:
| 1. |
Orderly Distribution of Assets |
| 2. |
Family Protection & Flexibility |
| 3. |
Confidentiality |
| 4. |
Succession & Estate Planning |
| 5. |
Protection from Taxation |
| 6. |
Protection Against Political and Economical Instabilities |
| 7. |
Pre-emigration Financial Arrangement |
Trust arrangement offered by Private Banking
DBS Trustee H.K. (Jersey) Limited, a wholly owned subsidiary of DBS Bank (Hong Kong) Limited, has been established to provide more comprehensive and sophisticated Private Banking services. DBS Trustee H.K. (Jersey) Limited is regulated by Jersey Financial Services Commission in the conduct of Trust Company Business under the Financial Services (Jersey) Law 1998.
A full range of services includes:
 |
Establishment and Administration of Family Trusts |
|
Incorporation and Administration of Private Investment Companies |
|
Arrangement of Financial & Tax Advisory Services |
|
