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⍰ ASK What is an offshore trust?

Offshore trusts comprise a lawful agreement in which resources are moved to a trustee situated in a foreign location. The trustee supervises these resources for the advantage of designated beneficiaries. Regarding tax strategy, offshore trusts provide advantages like tax delay, asset safeguarding, and confidentiality. By making use of advantageous tax legislations in overseas jurisdictions, individuals can optimize their tax situation, oversee wealth over several generations, and safeguard assets against potential legal assertions.
 

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