Once you have decided to set up an offshore
trust, your first and most important decision is the choice of trustee
and you will want a trustee that gives you complete peace-of-mind.
The benefits of selecting GTA Worldwide as the trustee include:
Independence - GTA Worldwide
has no conflicts of interest. Our trustees always act in the best
interests of the beneficiaries of the offshore trust. We do not compromise
that position. Thus, independence from investment, legal or accounting
advisors is critical and should be an absolute requirement by persons
seeking to establish a trust.
Service - GTA Worldwide looks
to the long term, not the short term. GTA Worldwide understands that
its success is based on the maintenance of long-term personal relationships
and trust.
Expertise - The provision of
offshore trust services is not a purely mechanical and administrative
role. Judgement and expertise are required. Trust law is a complex
and demanding area of the law. GTA Worldwide has the requisite legal
and accounting infrastructure to maintain a high level of professional
expertise.
Size and substance - GTA Worldwide
has been providing trustee services for over 25 years. We are a professionally
managed company. Compliance, corporate governance and the pursuit
of quality are fundamental to everything we do. Our approach to business
and client matters is prudent.
Value - Many believe that the
costs of establishing and administering an offshore trust are prohibitive.
It is true that many of the major banks and other financial institutions
make sizeable charges for setting up an offshore trust and receive
a percentage of the trust assets in annual administration fees. Our
level of fees is generally much more reasonable and provides access
to trusts to those with relatively modest assets. As all cases are
different, fees will be different, but they are probably a lot less
than you thought.
Jurisdiction - GTA Worldwide's
has two dedicated offshore trust companies: GTA Trustees (Isle of
Man) Limited and GTA Trustees (Seychelles) Limited. Generally, GTA
Trustees (Isle of Man) Limited acts as trustee for trusts having Isle
of Man proper law whilst GTA Trustees (Seychelles) Limited acts as
trustees where the proper law is that of the Seychelles.