International Trusts
Our clients use our services for many reasons but our Guernsey office is particularly attractive for the following:
i) Individuals and families with International affairs
Operating through a Guernsey trust or company can defer or reduce your tax exposure. It is also an efficient way to manage assets that are held in several countries.
ii) Succession Planning
Many countries' succession laws dictate how an estate must be distributed on death. A Guernsey trust can often ensure that your estate is distributed as you would like, not as local law dictates.
iii) Asset Protection
In our increasingly litigious society, trusts are becoming an increasingly popular means of protecting assets from third parties.
iv) Property Holding
Offshore companies and trusts are often used to hold private property and commercial ventures. This can reduce exposure to property, capital gains and inheritance taxes.
v) Taxation Services
Through our Edinburgh office we provide pragmatic advice on UK income tax, inheritance tax, capital gains tax, VAT and stamp duty. We also work alongside our clients' other advisers in order to complement the services that they provide.
vi) Employee Benefit and Share Option Trusts
Companies use Employee Benefit Trusts and Employee Share Option Trusts to reward employees. There can be tax advantages in situating such trusts in Guernsey.
vii) Other Services
We also advise on yacht registration, special purpose vehicles, employment companies and other offshore trusts. We also provide investment services* through our Edinburgh office.
Turcan Connell in Guernsey and its associated companies are fully licensed by the Guernsey Financial Services Commission.
* Turcan Connell is authorised in the conduct of investment business in the UK by the Financial Services Authority.