Trusts

The Isle of Man is recognised as a leading jurisdiction for the location and management of Trusts which are based on centuries of common law. Trusts established under Manx law have modern statute based up by case law.

Trusts can provide a flexible and often advantageous way of arranging financial affairs and may be used for a multitude of purposes including: Protecting Assets; Preserving Family Wealth; Tax Planning and Estate Planning.

There are many types of Trusts which include:-

• Discretionary Trusts
• Purpose Trusts
• Employee Benefit Trusts
• Interest in Possession Trusts
• Accumulation & Maintenance Trusts

A settlor may establish a Trust during his/her lifetime, or under a Will and are well suited for owning or managing a range of assets. Capricorn Management Services Limited in association with specialist advisors would be pleased to assist in any Trust services requirements.