TRUSTS

There are a number of reasons for holding assets in trust and there are many types of trust to cater for those reasons.

This area can be simple or extremely complex and sound financial advice is certainly required.

Some of the reasons for establishing a trust are:

To nominate who should benefit from your assets on your death
To make gifts and preserve wealth for future generations
To assist in Inheritance Tax Planning
To maximize tax efficiency

We can provide specialized trust formation in a number of offshore jurisdictions tailored to meet a clients specific needs

WILLS

When you live in a foreign country where the laws on inheritance can differ widely from the UK it is important to follow a few simple rules to make life easier for your dependents

If you have assets in a foreign country make sure you have a local will.
If you have assets in the UK make sure you have a UK will
Make sure your will is up to date
Let your dependents know the location of your will

A little careful planning can save a considerable amount of time, money and stress in the future.

For details of reliable solicitors in Cyprus and the UK please contact us.