Elevate Your Business with Professional Management Services in Cayman

Views:
 
     
 

Presentation Description

Private Trust Companies (PTCs) are incorporated to act as trustee of a trust or a number of related trusts. The PTC acts as trustee of family trust(s) / connected trusts. Know more: http://www.ims.ky/trust-services/private-trust-companies/

Comments

Presentation Transcript

Slide1:

International Management Services www.ims.ky contactus@ims.ky +1 (345) 949 4244

Slide2:

Having been in business since 1974, we have amassed extensive experience in the establishment of Cayman structures and entities and can assist clients with matters ranging from the simple (such as incorporation of a holding company or establishment of a simple private discretionary trust) to the complex (such as assisting with the formation of a hedge fund, securitization, private trust company, limited partnership, or a charitable or philanthropic trust). Our modern, spacious offices on the waterfront in the heart of George Town, Grand Cayman, house or staff and can comfortably accommodate clients and advisors for on-island meetings where necessary. Why Use IMS? Professionally Qualified & Experienced Individuals Responsive & Accessible Service Efficient & Effective Service Dedicated Service About Us Read More

Slide3:

International Management Services Cayman Funds Trust Services Cayman Companies Captive Insurance Other Services

Slide4:

P urpose Trusts STAR Trusts (known in other jurisdictions as purpose trusts) have been available for use in the Cayman Islands since 1997 following the enactment of the Special Trusts (Alternative Regime) Law, 1997, which has since been incorporated into the Trusts Law (revised) (the “Law”). The introduction of the STAR Trust regime represented a huge shift in the potential uses for Cayman trusts, resulting in a highly adaptable tool for settlers which allows much greater flexibility in structuring possibilities, subject of course to the STAR Trust’s purpose(s) being lawful and not contrary to public policy. The uses for STAR Trusts will continue to evolve and grow, limited only by the creativity of settlors, lawyers and trustees, but the main benefits of their use will be the flexibility and confidentiality afforded by their use. Examples for uses of STAR Trusts include: Read More

Slide5:

P rivate Trust Companies Private Trust Companies (PTCs) are companies incorporated to act as trustee of a trust or a number of related trusts, for example with the same settlor or related settlors. They are not able to provide trust services to or solicit business from the general public. PTCs are very popular among HNW/UHNW clients who desire a level of influence over, or at least a greater involvement in, the administration of the trusts under the control of the PTC, such as, for example (and subject to tax considerations) by appointing family members or trusted family advisers to the board of directors of the PTC. PTCs are therefore a good place to start when considering establishing a family office or a complex wealth management structure for the administration of a family’s various interests and have proven especially popular where a patriarch wants a continued involvement in the direction of the family business. The PTC acts as trustee of the family trust(s)/connected trusts and generally instructs a Cayman service provider such as IMS to provide some or all of the directors to the PTC and/or provide secretarial services and prepare accounts etc.

Slide6:

Contact Us GARY BUTLER Managing Director & Legal Counsel Gary Butler - Managing Director PO Box 61 Harbour Centre, Grand Cayman KY1-1102, Cayman Islands Phone: +1 (345) 949 4244 Fax: +1 (345) 949 8635 Email : International Management Services www.ims.ky gbutler@ims.ky contactus@ims.ky

authorStream Live Help