Trusts & Asset Protection

A trust is a highly flexible, bespoke private arrangement which can be structured to meet the individual needs of the client.

 
Our team consists of experienced professionals with a long history of servicing wealthy clients. Our ethos is preserving our clients' wealth for future generations. Within Imara Trust we have a combined experience of more that 40 years in trusteeship services.


A trust is a highly flexible tool in estate planning and private wealth management.
The trust is a legal relationship which is usually created by private arrangement between the original owner of the asset (the ‘Settlor”) and the persons to whom the asset is transferred (the “Trustee”). The Trustee merely holds the legal title to the property whereas the beneficial ownership (i.e. the right to enjoy or benefit from the property) rests with the beneficiaries of the trust. The effect of creating a trust is to shift the burdens of property ownership onto the Trustee while retaining the benefit of the property oneself or with one’s family who would typically be the beneficiaries of the trust. The Trustee would manage the trust for the benefit of the beneficiaries and in accordance with the Settlor’s expressed wishes.



The uses of a trust include:
  • To minimise or defer tax payable.
  • Avoidance of forced heirship and succession laws.
  • Facilitate the orderly transfer of property to future generations.
  • Protection from divorce proceedings.
  • Ownership of special purpose vehicles.
  • Charitable purposes.
  • Consolidate ownership of assets.
  • Enhance confidentiality.



Advantages of using a Mauritius trust include:
  • Tax benefits.
  • Asset protection.
  • Consolidation of assets.
  • Mitigation of probate complexities, preservation of family property and protection against political risk.
  • No registration or filing requirements.
  • Extensive powers may be given to the Protector.
  • Maximum duration of 99 years for discretionary trusts.



Our services include:
  • Drafting of trust deed to meet client’s specific requirements.
  • Transfer-in of trusts from various jurisdictions.
  • Provide a private trust company to act as trustee of the trust.
  • Provide a corporate trustee for the trust.
  • Offer holding companies to hold assets of the trust.
  • Full administration services.
  • Provision of statutory services.
  • Accounting services.


For more information on Trusts please download our “Guide To Mauritius Trusts
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