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Strategies and practices for inheritance from generation to generation

Trusts and Legally Protected Assets

2024/12/04 (Wed）

Timeless International Family Office (15F-2, No. 156, Section 3, Minsheng East Road, Songshan District, Taipei City)

Advantages of Offshore Trust Accounts

Multiple assets integrated and managed in one place

One account can see all asset types and their values Cash, real estate, stocks, debts, artworks, etc.

Provide proof of international funds

Solve the cumbersome process of obtaining proof of funds for children studying abroad or opening overseas bank accounts.

Achieve unlimited foreign exchange

Allow assets to flow freely internationally and enhance the smoothness of international trade.

Reasonable tax saving and identity confidentiality

Whether you are an individual or a business, you need to pay taxes. Reasonable tax saving can maximize the use of funds.

Marriage planning, inheritance and gifting

As you accumulate wealth, you can plan year by year. Change it step by step as you age and need it.

Open an overseas bank account

Providing relevant proofs to make overseas account opening smoother.
Customization, understand you better

Exclusive Trust Box

  • International Trust Account: Comply with international laws and regulations for safety and security.
  • Customized Trust Agreement: Applicable to common law to protect assets.
  • Global Consumer Credit Card: Safe and convenient use anytime, anywhere.
  • Professional Tax and Legal Consultation: Efficient and comprehensive planning.
  • Full Asset Allocation: Cryptocurrency, fiat currency, real estate, etc.
  • Diversified Asset Management: Real estate, artwork, equity, debt, etc.
  • Flexible Fund Transfer: Easy transfer to credit card spending.
  • Trust Account Transferable: Avoid the complicated procedures and taxes of inheritance.
  • Current Price Mortgage: Flexible loan.

Case Sharing
Entrepreneur Ms. Li

  • Tax status: Taiwan
  • Family background: 40 years old, divorced single parent with a 10-year-old daughter
  • Motive: Her dependent daughter is the most important thing in her life. She has a hidden worry in her heart. If she has an unfortunate accident, how will her huge property be managed? Will the daughter's legal guardian, her biological father, be in custody? If so, it will be Ms. Li's biggest regret and worry.
  • Asset types: Taiwan dollars exceeding NT$100 million and domestic and overseas real estate

Solution

  • In order to escape the restrictions of Taiwanese law, offshore trusts are used as planning tools. Ms. Li serves as the trust trustee and sets up the beneficiary during her lifetime as Ms. Li and the beneficiary after her death as her daughter.
  • The real estate in Taiwan was handed over to a domestic trust, with Ms. Li's brother as the trustee, and a self-benefit trust was established with Ms. Li as the beneficiary. Once something unfortunate happened, Brother Li would manage and collect rent from the real estate, and hand over the proceeds to his daughter as the beneficiary. As a source of living and tuition fees
  • Pay premiums through trust contracts to ensure that the insurance contract can be paid in full smoothly and provide medical and savings protection.
  • Offshore trusts can provide safe and stable investment options and provide stable cash flow every year to support the current and future living expenses of Ms. Li and her daughter.

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