The Best of Both Worlds?
As the proportion of global wealth owned by Asia Pacific residents grows, so too is their interest in setting up trust structures. Richard Grasby looks at some of the reasons for this and highlights how a Cayman Islands STAR trust may be a good solution. Asset protection, confidentiality, succession and tax planning and reserved powers are discussed.
Please see the attached article for further information. It was first published in the Asia Advisor section of the August 2010 edition of the STEP Journal.