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Statements

Subject Item
dbr:Offshore_trust
rdf:type
yago:Volition105652593 yago:Cognition100023271 yago:PsychologicalFeature100023100 yago:Ability105616246 yago:WikicatWillsAndTrusts yago:Faculty105650329 yago:Abstraction100002137
rdfs:label
Offshore trust
rdfs:comment
An offshore trust is a conventional trust that is formed under the laws of an offshore jurisdiction. Generally offshore trusts are similar in nature and effect to their onshore counterparts; they involve a settlor transferring (or 'settling') assets (the 'trust property') on the trustees to manage for the benefit of a person, class or persons (the 'beneficiaries') or, occasionally, an abstract purpose. However, a number of offshore jurisdictions have modified their laws to make their jurisdictions more attractive to settlors forming offshore structures as trusts. Liechtenstein, a civil jurisdiction which is sometimes considered to be offshore, has artificially imported the trust concept from common law jurisdictions by statute.
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dbc:Wills_and_trusts dbc:Offshore_finance dbc:Legal_entities dbc:Equity_(law)
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dbo:wikiPageRevisionID
974185483
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An offshore trust is a conventional trust that is formed under the laws of an offshore jurisdiction. Generally offshore trusts are similar in nature and effect to their onshore counterparts; they involve a settlor transferring (or 'settling') assets (the 'trust property') on the trustees to manage for the benefit of a person, class or persons (the 'beneficiaries') or, occasionally, an abstract purpose. However, a number of offshore jurisdictions have modified their laws to make their jurisdictions more attractive to settlors forming offshore structures as trusts. Liechtenstein, a civil jurisdiction which is sometimes considered to be offshore, has artificially imported the trust concept from common law jurisdictions by statute.
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wikipedia-en:Offshore_trust?oldid=974185483&ns=0
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wikipedia-en:Offshore_trust