To protect assets from creditors

To reduce tax liability

To provide for the financial security of beneficiaries

To facilitate business transactions

Tax benefits

Asset protection

Privacy

Ease of administration

To manage and distribute trust assets

To represent the interests of the beneficiaries

To ensure compliance with trust terms and applicable laws

All of the above

Switzerland

Cayman Islands

Singapore

Bahamas

A legal requirement for a person to leave a certain portion of their estate to their legal heirs

A provision in a trust that requires the trustee to distribute trust assets to specific beneficiaries

A legal doctrine that allows a person to disinherit their legal heirs

A tax imposed on the transfer of trust assets to beneficiaries

An international treaty that governs the law applicable to International Trusts

A set of guidelines for the administration of International Trusts

A convention that provides for the recognition and enforcement of foreign trusts

A treaty that establishes a uniform tax regime for International Trusts

To provide guidance to the trustee regarding the distribution of trust assets

To express the settlor's wishes and preferences for the management of the trust

To serve as a legal document that modifies the terms of the trust

To create a separate trust with different terms and beneficiaries

A person appointed to oversee the actions of the trustee and ensure compliance with trust terms

A legal advisor who provides guidance to the trustee on legal and tax matters

A beneficiary of the trust who has the right to enforce the terms of the trust

An independent party who reviews the performance of the trustee and makes recommendations for improvement

To provide professional trustee services to International Trusts

To act as a custodian for trust assets

To manage the investments of an International Trust

To provide legal and tax advice to the settlor and beneficiaries of an International Trust

A legal principle that refers back to the law of the settlor's domicile to determine the governing law of an International Trust

A legal doctrine that allows a trust to be governed by the law of a jurisdiction other than the settlor's domicile

A principle that allows a trust to be governed by the law of the jurisdiction where the trust assets are located

A legal principle that requires a trust to be governed by the law of the jurisdiction where the trustee is domiciled

To ensure compliance with the laws of multiple jurisdictions

To avoid potential legal disputes and uncertainties

To determine the applicable tax laws and regulations

All of the above

The person who establishes the trust and transfers assets to it

The person who manages and distributes trust assets

The person who benefits from the trust assets

The person who oversees the actions of the trustee

A legal principle that limits the duration of a trust

A legal doctrine that allows a trust to continue indefinitely

A principle that governs the distribution of trust assets to beneficiaries

A legal principle that determines the governing law of an International Trust

To document the terms and conditions of the trust

To appoint the trustee and beneficiaries of the trust

To transfer assets to the trust

All of the above

A trust that is implied by law rather than created by a settlor

A trust that is created by a written agreement between the settlor and the trustee

A trust that is established for charitable purposes

A trust that is created to hold assets for a specific purpose