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In March, Legal Week published its bi-annual Offshore Report, featuring an article written by Edward Stone which explores how the rules involved in setting up private trust companies have changed in overseas jurisdictions:
Private trust companies have become an increasingly popular tool within the wealth planning industry as the advantages of having a private trust company acting as trustee of a group of family trusts have become more recognised. In response to this rise in popularity, the leading offshore jurisdictions have over the past few years either introduced new or adapted existing regulatory regimes to ensure their attractiveness as host jurisdictions for private trust companies.
To continue reading full articles in PDF format:
Wealth Planning: PTC Regime Change in Cayman