OFFSHORE TRUST
Can-Offshore Services uses the Offshore Trust for specific Asset Protection purposes, which does not include tax
avoidance. If you want tax avoidance, use a Panama Foundation instead of an Offshore trust. Canadian residents are required to report any interest in a foreign trust on their tax form.
We endorse the use of the following Trusts:
Offshore Trust Types For Asset Protection
- Belize Asset Protection Trust. This is the tax-neutral transfer
of ownership to avoid litigation and creditors, not to evade taxes. It has no tax advantage,
it simply keeps others from taking your assts from your estate.
- Canadian Immigration Trust. This trust gives the newly landed
immigrant a 5-year tax holiday in Canada on their foreign assets. At the end of 5years, several
planning options exist, and can be discussed for those interested.
- Charitable Purpose Trusts. This offshore trust is not an abusive tax
avoidance scheme, it donates assets irrevocably to the Trust, with no strings attached, and
without the ability to become a Beneficiary latter. This is a good estate planning Trust.
We recommend you begin with our Offshore Trust FAQs
if you are new for a primer on the workings, advantages, and disadvantages of various types of Offshore Trust.
If you are looking for tax-preferred, or tax-exempt structures, go to our Private Foundations
section or contact us about out Foundation legal structures.
Trust Articles:
Offshore Trusts FAQ
Asset Protection Trust
Offshore Trust Formation
Offshore Asset Protection
