It is very important to remember that professional advice needs to be sought if you are contemplating moving investments and other assets offshore. It is perhaps never more important than when attempting to do this by means of the extremely multifaceted world of trusts.
Many offshore countries allow you to choose which country’s laws will govern a trust.
It is essential that your offshore trust be found in a jurisdiction that supports foreign beneficiaries and in a country that is politically solid.
Be very careful and selective when choosing a trustee for your trust. The trustee will have legal ownership of the trust property.
Choose a trustee connected with financial establishments specializing in trust services.
Keep in mind that it is typically very expensive to set up an offshore trust. It is generally not worthwhile to establish an offshore trust unless the trust asset is substantial.