November 4, 201510 yr I am a retired Chartered Accountant, I am non resident for UK taxes and also non domiciled, I am outside uk IHT but as double safety I have minimal assets in the Uk I am looking to put my assets, stock exchange investments into a trust for the benefit of myself and my wife after my death I have a QROPS pension with STM in Gibraltar but on this trust question they are being unhelpful Can anyone recommend a reputable and cost effective company, Channel Islands, Isle of Man, Gibraltar, malta, etc etc
November 4, 201510 yr I don't get it. If you're non-resident and non-domiciled, then why do you need a trust? Keep your assets in the UK below the IHT threshold, put your investments in an offshore account in, say Luxembourg. Write a will making it clear to whom your estate is left. (Or is it that you're not really sure you're non-domiciled?)
November 4, 201510 yr Did you take a look at Liechtenstein trust or foundation? Small flat tax fee. Many reputable companies and really cheap compared to Channel Islands, Switzerland or Malta.
November 5, 201510 yr Author I don't get it. If you're non-resident and non-domiciled, then why do you need a trust? Keep your assets in the UK below the IHT threshold, put your investments in an offshore account in, say Luxembourg. Write a will making it clear to whom your estate is left. (Or is it that you're not really sure you're non-domiciled?) A trust avoids probate, time consuming and costly A trust protects a wife left in thailand, and protects from rip off thai financial advisers A trust continues regardless of death My earlier post said I have negligible assets in the UK so double safe on non domicile Without a trust I could have to file probate in 5 jurisdictions,
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