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The concept of a trust is an arrangement whereby property is transferred from one person (the Settlor) to another person (the Trustee) who holds the property for the benefit of specific people (the Beneficiaries). A Trust Deed sets out the terms and conditions under which the Trustees hold the trust assets. It also outlines the rights of the Beneficiaries. A trust is not dissimilar to a will except that assets are transferred to trustees during lifetime rather than assets being transferred to executors on death. The Trust Deed is comparable to the will. Those unfamiliar with the trust concept may be concerned about transferring ownership of their property to a Trustee. This concern can be alleviated if the distinction between legal and beneficial ownership is properly understood and the trust is governed by sound law enforced in a reputable jurisdiction. See http://www.sovereigngroup.com/our-services/trust-services/introduction.htm for more details.
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What is a offshore investment scams?
It's not that scams only exist offshore, but a lack of regulations makes it easier for bad people to operate.There are outright frauds, and then there are misleading advisers that lie about what they're selling. I consider most offshore advisers to be con men, or a small step up from con men - they gain your trust to the point you sign up and trust what they said is true without checking the small print or really understanding what you're signing up for.If it sounds too good to be true (tax free for life, secret, flexible, massive returns) - run for the exit.
What is meaning of offshore banking?
Offshore banking means your bank account outside of your residence country. With offshore banking you can enjoy low tax rates.
What are functions of Offshore Banking?
Some functions of offshore banking include asset protection and privacy Tax relief for business relations is another function of offshore banks.
What are the benefits and risks of firms issuing bonds offshore?
Tax reduction and diversification of investment are the benefits of the firms issuing bonds offshore.
What are the disadvantages of having an offshore bank account?
One of the disadvantages to having a offshore bank account is that you have to choose your jurisdiction carefully. Another disadvantage to having a offshore bank account is that its much more difficult solving issues with your bank account.
Where can you find offshore trust jobs?
Try FOR Offshore
Where can offshore asset protection be obtained?
Offshore asset protection can be obtained through offshore companies. The process usually involves creating an offshore trust or offshore private foundation and combining it with an underlying offshore company.
Where can you find offshore accountancy jobs?
How about FOR Offshore? A href="www.foroffshore.com">FOR Offshore</A>
What does 'Wx offshore' mean?
Weather Offshore
Why are offshore orcas called offshore orcas?
Because that's where they live - offshore, far from the shore.
What is offshore engineering?
when you do engineering at offshore, it is known as offshore engineering. It is just the opposite of on shore engineering . He He He He He He
What does a galley hand do offshore?
What do a galley hand do offshore.
Where can you find offshore insurance jobs?
Try FOR Offshore.
Where can you find offshore fund jobs?
Try FOR Offshore
What does galley hands do offshore?
What do a galley hand do offshore.
What is the meaning of offshore job?
offshore oil companies in kakinada
Offshore banking jobs - where can you find them?
How about FOR Offshore? http://www.foroffshore.com
