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What Are Offshore Trusts?

Offshore trusts
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What Are Offshore Trusts?

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A Trust is a contract, a private legal agreement. Trusts are based upon the “Trust Deed”, which expresses the agreement between a person (the Settlor), who places assets in a Trust, and the (Trustee), an individual, Trusts or Corporations entrusted with the protection, management and ultimate distribution of the assets for the persons, (the Beneficiaries), entitled to benefit from the assets and/or income held under the terms of the agreement.

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