After having accumulated a substantial wealth, it is inevitable for High Net Worth Individuals to begin planning the succession of their wealth and to secure it’s transfer to future generations.

A Trust Fund is an additional tool to best manage one’s assets by establishing a legal and neutral entity, the Trustee, to hold these assets for the individual or organization. The assets can be anything from capital to real estate to stocks and bonds. The main aim of the Trust is to gather and manage assets, and to set in place an Agreement (the Trust Deed) of how these assets will be distributed in the future, after the Grantor is no longer mentally competent or alive.

The Trust has numerous advantages some of them being great opportunities for tax planning and a security of the future transfer of the assets of the Grantor to eligible heirs.

The Trust is set-up by putting in place a Trust Deed between the Grantor and Trustee. The Grantor, who sets the terms and conditions for the way assets will be managed and distributed. The Trustee then manages the fund’s assets and executes its derivatives.

The Beneficiary receives the assets or other benefits from the fund as per conditions outlined in the Trust Deed.

E-GRP Ltd. and its subsidiaries: E-GRP Services Ltd., E-GRP Secretarial are Fiduciary Corporate Services Providers – under license E953/F/2017 provide administrative services including the management or administration of trusts, provision of the management services of companies, general partnerships or limited partnerships, and other administrative services as provided by “The Regulation of Enterprises providing Administrative Services and Related Matters Law of 2012 (196(I)/2012) (the “Law”).