A trust is one of the most common vehicles used by high-wealth individuals to hold investments. Reasons include asset protection (separation of legal ownership from the “at risk” individuals), flexibility in distribution of income to beneficiaries in a tax efficient manner and the ability to pass on the benefit of discount on capital gains.

But says Carlyle Rogers of Legal Consultants FZE, “Trusts… must be established properly because of the unique risks involved and increasing scrutiny they are facing by tax and regulatory authorities, especially where the beneficiaries and settlors are domiciled in jurisdictions such as across here in Asia”.

Carlyle will deliver a key presentation on the fundamental relationship between wealth management, tax/estate planning and citizenship at the Investment Immigration Summit MENA on 25-27 February 2018 in Dubai, UAE. Don’t miss your chance to meet with him and other industry leaders in Dubai. To read his article on Risk management regarding Offshore Trust Planning, please complete the form at below.