ABOUT THE ANGLO FAR EAST
PRIVATE BULLION
BANKING
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BETTER BULLION BANKING
Anglo Far-East provides convenience and flexibility in gold and silver ownership, integrated with the highest levels of client privacy and corporate governance.
Our bullion banking facilities were developed to provide accessible, affordable, secure and convenient gold and silver ownership solutions.
AFE delivers a unique blend of specialist gold and silver ownership options, private bullion banking facilities, and tailored financial and trust solutions.
Bullion Accounts provide the client with outright bullion ownership, with all the convenience and flexibility of modern banking.
AFE operates under strict internal and external corporate and custodial governance, insuring complete integrity in client's bullion holdings, 100% bullion backing and London Bullion Market Association accredited bullion storage.
Our blend of specialist bullion facilities and solutions include;
Private Gold and Silver Bullion Accounts
Gold and Silver Bullion Certificates
Privately Managed Trust Services
Secure On-line Account Management
Gold and Silver Payments
International Asset Holding and Relocation
Independent Institutional Bullion Banking and Custodial Services
LBMA accredited Bullion Storage with insurance through Lloyds of London
Have you been looking for outright gold and silver ownership?
Interested in diversifying your assets internationally?
Searching for safe, secure and fully insured bullion storage?
We deliver all of these in one simple easy-to-establish account.
BULLION ACCOUNTS
Bullion Accounts provide the client with outright bullion ownership, with all the convenience and flexibility of modern banking.
Bullion accounts (sometimes referred to as "Metal Accounts") operate like any normal bank account, excepting that bullion account balances represent the ounces of gold and/or silver owned by the account holder. Accordingly, those bullion accounts are denominated on oz's (unlike normal bank accounts that are denominated in dollars or other national currencies).
ACCOUNT FEATURES
Outright Ownership
Flexibility & Liquidity
Online Management
100% Bullion Backed
LBMA Accredited Storage
Account holders may buy, hold or sell any amount of bullion from their account at any time, and may choose to take physical possession of some or all of their bullion.
CREDITING YOUR BULLION ACCOUNT
CREDITING YOUR BULLION ACCOUNT IS A SIMPLE PROCESS : When an account holder places a buy order for gold or silver, his account is sold gold or silver from his settlement funds at the gold or silver spot price on that day. The account holder now owns a defined amount of physical gold or silver, and his bullion account is immediately credited with those ounces.
The account holder can check their bullion account balance 24 hours a day by logging into their account at the AFE online secure server.
Anglo Far-East Bullion Accounts are administered as numbered accounts, offering maximum client privacy and security.
BULLION ACCOUNT - NUMBERED ACCOUNTS
WHAT ARE NUMBERED ACCOUNTS ? Anglo Far-East Bullion Accounts are administered as traditional numbered accounts, meaning that an "Account Number" is given the account when it is approved and opened. The Account Number is used as the primary form of identifying the account. For example, Bullion Account Statements and Account Transaction Statements never quote the name or address of the account holder, or identify the owner, but simply quote the Account Number only.
CLIENT IDENTITY : This does not mean that the holder of the account is anonymous to AFE. Applicants are required to provide personal or corporate identification information at the time of their account application
Our Privacy Policy and Procedures ensure that client identification details and records are not made available to non-affiliated third parties.
CLIENT PRIVACY : Information security and client privacy is one of the highest priorities of AFE. As a client you entrust AFE with your personal identification and financial information.
OUR INTERNAL PRIVACY POLICY AND PROCEDURES : We maintain strict corporate policy and procedures to insure the privacy and security of our client records. These practices ensure that your records will not at any time fall into the hands of unauthorised third parties, and include;
1) Strict non-disclosure, non-information sharing policy. At no time will your identification or account records by made available to non-affiliated third parties.
2) A blend of international jurisdictions that strictly protect client privacy by law - See INTERNATIONALLY BASED
3) Leading edge database firewall and encryption systems - See SYSTEM AND INFORMATION SECURITY
MANAGEMENT AND STAFF :Our hand-selected staff understand the responsibility that comes with managing client's personal information, and are committed to protecting and upholding our client's complete right to full privacy.
Bullion Accounts allow the investor and asset manager to securely, rapidly and privately trade physical gold and silver through the security of online encrypted electronic lodgement of instructions.
AFE's strict internal and external corporate and custodial governance includes the use of external bullion auditors and verification agents, third party trustee companies and London accredited bullion storage.
CUSTODIAL GOVERNANCE
The company's strict custodial governance includes the use of external bullion auditors and verification agents, third party trustee company and London accredited bullion storage.
All Client's Bullion Accounts are a minimum of 100% bullion backed at all times, with all bullion held to the clients credit within Anglo Far-East's bullion vaults.
AFE retains an Independent Trustee Company to provide independent trustee services. This incudes the appointment of bullion auditors and independent verification of bullion holdings.
Bullion holdings are independently inspected and verified by an international top-10 auditing firm who is retained and reports directly to the independent trustee company.
Client's bullion in held exclusively in the form of London certified "good delivery bars", and vaulted by accredited members of the London Bullion Market Association (LBMA).
100% BULLION BACKED
Clients at all times own a clear, unencumbered and defined amount of gold or silver bullion held exclusively and professionally managed for them.
Unlike many bullion banks or bullion depository facilities today, Anglo Far-East Bullion Company will not deal, use, sell or encumber bullion held on behalf of its clients. The company does not engage in bullion market speculation or the employment or use of futures, hedging or derivative positions against its client's bullion holdings SEE OUR USER AGREEMENT.
Bullion held on behalf of bullion account holders is regularly inspected and verified by an international top-10 auditing firm who is retained and reports directly to the independent trustee company.
Gold and silver bullion is held on behalf of bullion account holders in specialist depository vault facilities, and fully insured to a full 100% of its current market value.
INDEPENDENT TRUSTEE
The success of AFE in today's competitive market is largely due to the strength of the company's governance.
AFE retains the services of Panama Financial Management Services Limited as Independent Trustee to provide independent trustee services over bullion holdings and independent verification services.
No vault access can be made, or bullion removed from bullion vaults, without the signatures of both AFE and the Trustee company, and by the personal attendance of an independent bullion verification agent under the direct instructions of the Trustee company.
Panama Financial Management Services Limited Company independently appoints international top-10 auditing firms as independent bullion verification agents. Bullion holdings are independently inspected and verified by the bullion verification agent who is retained and reports directly to the independent trustee company.
Panama Financial Management Services Limited Limited regularly examines clients account balances against bullion holdings to confirm a minimum of 100% gold and silver bullion backing. Clients are provided a minimum of twice annual bullion verification statements by the trustee company.
Panama Financial Management Services (PFMS) registered under Panamanian laws as per register (RUC) 665215-1-461828 is engaged by The Anglo Far-East Bullion Company to provide independent custodial services over The Anglo Far-East Bullion Company’s client bullion holdings, principally held in Kloten, Zurich.
PANAMA FINANCIAL MANAGEMENT SERVICES LIMITED
Panama Financial Management Services Limited Company provides facilities for banks, companies, trusts, and investment management.
There are no cross ownership interests, with no director or shareholder of AFE having financial or beneficial interests in Panama Financial Management Services Limited Company or visa-versa.
The trustee company appoints international top-10 auditing firms as independent bullion verification agents.
BULLION VERIFATION AGENT
Bullion holdings are independently inspected and verified by the bullion verification agents, who are retained and report directly to the independent trustee company.
No access can be made, or bullion removed from bullion vaults, without the signatures of both AFE and the Trustee company, and by the personal attendance of an independent bullion verification agent under the direct instructions of the trustee company.
For the period to December 2007, the services of Grant Thornton in Zurich have been retained as independent bullion verification agents.
No vault access can be made, or bullion removed from bullion vaults by the verification agent alone. Bullion vault access can only be made by authorization signatures of both AFE and the trustee company.
LONDON ACCREDITED STORAGE
AFE professionally manages, administers and vaults gold and silver bullion on behalf of it's clients. The company utilizes and provides exclusively London Bullion Market Association (LBMA) accredited bullion storage.
LBMA provides framework for refining standards and good trading practices amongst firms engaged in refining, trading, vaulting and transporting of gold and silver.
BULLION BARS ; All bullion bars held by AFE on behalf of its clients are held exclusively in the form of London Bullion Market Association certified "good delivery bars".
BULLION VAULTS ; AFE utilizes specialist vault facilities provided by accredited members of the London Bullion Market Association.
AFE has engaged the vault services of ViaMat in Europe, and Brinks Incorporated in Australasia.
VIA MAT Group was formed from MAT TRANSPORT, founded in 1945. Based in Switzerland, the company operates a worldwide transportation, logistics and security storage operation.
Brink's Incorporated was established in 1859, and is the oldest and largest security transportation and vault services company in the world today, and is a member of London Bullion Market Association.
BULLION INSURANCE ; All gold and silver bullion stored and managed by AFE is at all times insured to a full 100% of its current market value, through Lloyds of London.
GOLD HERITAGE CERTIFICATES
leading security features . . .
Gold & Silver Heritage Certificates are issued against account balances, typically when the account holder intends to hold the precious metals in their account for a specific purpose over the medium to longer term.
Gold and Silver Heritage Certificates are used for the long-term holding and private transfer of precious metals, and for incorporating precious metals into private retirement strategies, trusts, wills and estates. Certificates are regularly used for inclusion with wills, in estate planning, and trust's Letter of Wishes.
Security features are designed to prevent fraudulent dealing with clients bullion accounts, and certificate counterfeit, fraud, theft or accidental disposal such as loss or fire.
CERTIFICATE SECURITY
THE UNIQUE SECURITY FEATURES OF GOLD AND SILVER HERITAGE CERTIFICATES : Security features are designed to prevent fraudulent dealing with clients bullion accounts, and certificate counterfeit, fraud, theft or accidental disposal such as loss or fire. Bullion Account and Certificate security features include client account number, password and identification verification checks.
Further certificate security features include individual certificate issue number and hidden certificate fingerprint security. These measures are designed to provide the highest level security, while maintaining the individual holder’s privacy and ease of bullion account and certificate sale, transfer, redemption and other dealings.
Traditionally, issuers of bullion certificates have issued “bearer certificates”. This means the “bearer” of the certificate has legal claim over the certificate and its underlying bullion, irrespective of the methods used to become the holder (bearer) of the certificate.
If at any time a Gold or Silver Heritage Certificate should fall into the wrong hands, the legal claim to the certificate and its underlying bullion continues to remain with the bullion account holder.
Gold and Silver Heritage Certificates incorporate the finest components of historically successful certificate issues, while introducing the speed, protection, flexibility and privacy afforded by modern technology.
specialist services for the financial industry . . .
The Anglo Far-East Bullion Company provides a range of private bullion custodial and banking services for private banks, investment and trust companies, and bullion services companies.
By blending bullion market experience, international jurisdictions and strong custodial governance, Anglo Far-East is able to provide strategic "back-room" support, solutions and services to financial services companies and institutions.
Concentration Bullion Accounts
Bullion Custodial and Vault Services
Third Party and External Governance
Bullion Acquisition and Settlement
Security Bullion Transportation
CONCENTRATION BULLION ACCOUNTS
CONCENTRATION BULLION ACCOUNTS ; is where an investment syndicate, trust company or private bank operates a single allocated bullion account with AFE.
The financial institution inturn offers it's individual clients sub-accounts, which the institution operates and manages.
CUSTODIAL, VAULT AND GOVERNANCE SERVICES ; AFE provides independent and private bullion vault services governed, protected and insured under AFE's strict corporate and custodial governance.
AFE's gold and silver bullion holdings, are held in trust, free from physical, political or legal risk. AFE operates under strict internal and external corporate and custodial governance, insuring 100% bullion backing.
INDEPENDENT VAULT STORAGE AND GOVERNANCE : This is the key feature with AFE bullion banking. Client bullion holdings are independently vaulted OUTSIDE of the larger institutionalised bullion banking industry.
AFE's independent vaulting and strict governance fully protect and insulate client's from future market failure.
ADVANTAGES OF BULLION BANKING WITH AFE
BULLION BANKING WITH AFE OFFERS SOME IMPORTANT ADVANTAGES, BENIFITS & FEATURES
INDEPENDENT VAULT STORAGE AND GOVERNANCE : This is the key feature with AFE bullion banking. Client bullion holdings are independently vaulted OUTSIDE of the larger institutionalised bullion banking industry.
Increasingly, research and analysis now in the public domain, indicate large short positions and highly fractionalised bullion holdings on the books of large bullion banks. Many market analysts and commentators fear future systemic failure in the bullion industry, putting at risk bullion holdings of bullion service providers utilizing the bullion banking industry for the storage of their clients bullion holdings.
AFE's independent vaulting and strict governance fully protect and insulate its client's from this type of market failure.
100% BULLION BACKING & GOVERNANCE : Client Bullion Accounts are at all times backed by a minimum of 100% gold or silver bullion. Bullion holdings held on behalf of bullion account holders are independently audited and verified to confirm an a minimum of 100% bullion backing, and are further protected by an Independent Third Party Custodian.
OUTRIGHT OWNERSHIP : AFE bullion account holders have OUTRIGHT and COMPLETE ownership of an actual and defined amount of physical bullion.
With many bullion equity and investment schemes, the shareholder owns a beneficial interest (or shares) in a company, investment trust or equity, which inturns owns physical bullion (most times this bullion is stored by institutional bullion banks - see Independent Vault Storage above). The value of the shareholder/investor's shares is determined by the value of the company's bullion holdings.
Owning shares or a beneficial interest in a company is not the same as OUTRIGHT ownership of physical gold and/or silver.
SECURITY & SAFETY : The operation of Bullion Accounts is designed to fully protect the account holder and their bullion holdings. Safety features have been designed to provide the greatest level of security, while maintaining the individual account holder's privacy, and ease of account dealings.
LOW MARGINS Bullion Accounts enable the client to buy and hold gold and silver bullion at very competitive and low margins above the spot price of the metal. Purchasing physical precious metals in other forms can command much larger margins above the spot price of the metal.
LIQUIDITY & FLEXIBILITY Bullion held in Bullion Accounts is extremely liquid, and can be very rapidly and easily sold at the bullion spot price on that day. Alternatively at any time, clients may take physical delivery of their underlying physical bullion.
COST EFFECTIVE HOLDING : Bullion Banking clients are part of a large group of precious metals investors and owners managed by AFE, and are therefore able to take full advantage of "large scale" cost savings associated with buying, vaulting, insuring and reselling of their gold and silver bullion in large wholesale quantities.
SECURE ONLINE TRADING Bullion accounts allow the client to securely, rapidly and privately trade physical gold or silver through the security of online encrypted electronic lodgment of instructions.
BULLION ACCOUNT TRANSACTIONS : In many cases, bullion accounts from large bullion banks require a minimum initial outlay of US $50,000 or more. AFE Bullion Accounts accommodates the purchaser who wants to start with a smaller affordable investment of just a few ounces at time.
ON-LINE BANKING
Utilising leading-edge software security, database encryption and firewall technologies you
can
Check account balances
Transact buy or sell orders
Review transaction history
Transfer bullion between accounts
Communicate with encrypted e-mail
SYSTEM REQUIREMENTS : AFE's online banking secure server requires browsers with 128 bit encryption. Browser cookies must be enabled - See LOGIN HELP Browser must be; Microsoft® Internet Explorer 5.0 or higher, or Netscape Communicator 6.0 or higher - to upgrade Browser see the icons in the right margin.
ONLINE SECURITY : Information security and client privacy is one of our highest priorities. Our software, database encryption, and firewall technologies are specifically designed to prevent unauthorized users from accessing our systems, and more importantly, your information.
Secure browsers employ secure sockets layer (SSL) technology to communicate with our servers. How can you tell when you connection is secure? The padlock or key icon (below) in your browser, indicates a secure connection.
SYSTEM AND INFORMATION SECURITY
about our system and information security . . .
Information security and client privacy is one of our highest priorities at AFE. Our software, database encryption, and firewall technologies are specifically designed to prevent unauthorized users from accessing our systems or your information.
We maintain strict corporate policy and procedures to insure the privacy and security of our client records. These practices ensure that your records will not at any time fall into the hands of unauthorised third parties.
We utilise leading-edge software security, database encryption and firewall technologies to prevent unauthorized users from accessing any of our systems, including those accessible from the Internet. Measures include;
Browser Encryption (128 bit SSL)
Fully Encrypted Internal Network Security (not accessible from the internet)
Username and Password Authorisation
Random Secret Question Verification on Account Transactions
SECURE BROWSERS & BROWSER ENCRYPTION Secure browsers employ secure sockets layer (SSL) technology to communicate with our servers. We highly recommend our account holders to use of a 128-bit secure browser (highest security available) to login to their account, perform transactions and send and receive secure e-mail. Netscape Navigator®, Netscape Communicator®, and Microsoft® Internet Explorer are secure browsers. If you are not using one of these browsers, you may download an upgraded browser by following the icons in the righthand side margin. Once you've downloaded the new browser, you must install it on your computer, by following the manufacturer's instructions that appear on your screen.
128 BIT SSL Secure sockets layer (SSL) technology is banking industry standard for secure online transactions. This protocol was designed by Netscape Communications Corporation to provide secure communications on the Internet. Once you click the "LOGIN" button, this technology encrypts all communications between your browser and our webservers.
Secure Socket Layer provides three levels of security; SSL authenticates that the server you have connected to is the one it purports to be (You can be assured that you are actually communicating with us, and not a third party trying to intercept the transaction). SSL creates a secure communication channel by encrypting all communication between the client and the server. SSL conducts a cryptographic word count to ensure data integrity between the server and the user. The word count or checksum provides a count of the number of bytes in a document and ensures the exact number of bytes is transmitted and received. With SSL, even this checksum is encrypted so it cannot be modified. If a message is not received in its entirety, it is rejected and another copy of the message is sent automatically.
VERIFYING A SECURE CONNECTION How can you tell when you connection is secure? You will be able to see a padlock or key icon on your browser (example below), indicating a secure connection. This will appear on the login page, and once you have successfully logged in, on all pages in the online banking secure area, and any page that displays or requests account, username, password, application, or any other sensitive information. This includes instruction forms, account application forms and all secure email. The padlock icon will not appear on non secure pages containing general information about this site.
LOGGING IN WITH USERNAME AND PASSWORD You are required to provide your username and a password to enter the secure area of the site and access your account information. Your password is not displayed when entered. If you do not provide this information, we cannot establish an online banking secure connection for you.
COMPUTER SECURITY Never access the banking site from a computer that an non-trusted individual may have access to. Insure that passwords are not being cached. Insure that no one is physically watching as you enter your username and password. Take standard and regular precautions to keep your computer free from viruses, trojans and keystroke logging software.
SECURE EMAIL The AFE Online Banking Secure Server enables you to send and receive Secure Email encrypted through secure socket layer ("SSL"). This is a very secure way of communicating with us. Once secure mail has been read and actioned, it is recommended that the email is deleted. The print icon may not print on some browsers. An alternative is 'CTRL P' or 'Apple P'.
LOG OUT Please use the "Log Out" feature if you are going to be away from your computer for an extended period of time. Logout will end your session, and you will have to submit your username and password before entering the website again. We strongly recommend shutting down your browser as a good way to prevent others from using your access.
After a period of inactivity your current session on the website will automatically timeout. To restart your session, re-enter your username and password at the login screen.
INTERNAL DATABASE SYSTEMS & FIREWALLS Out Internal Client Account Database Network is separate and distinct from our Online Banking Secure Server. These networks are physically removed and not accessible. Firewalls are used to shield our systems and Internal Client database networks from any unauthorized Internet traffic. The purpose of a firewall is to ensure only authorized traffic is allowed to pass to our systems and networks-all other traffic from the Internet is rejected. Firewalls also create logs of network traffic that allow for centralized auditing and security monitoring.
INSTITUTIONAL BULLION BANKING
specialist services for the financial industry . . .
The Anglo Far-East Bullion Company provides a range of private bullion custodial and banking services for private banks, investment and trust companies, and bullion services companies.
By blending bullion market experience, international jurisdictions and strong custodial governance, Anglo Far-East is able to provide strategic "back-room" support, solutions and services to financial services companies and institutions.
Concentration Bullion Accounts
Bullion Custodial and Vault Services
Third Party and External Governance
Bullion Acquisition and Settlement
Security Bullion Transportation
CONCENTRATION BULLION ACCOUNTS ; is where an investment syndicate, trust company or private bank operates a single allocated bullion account with AFE.
The financial institution inturn offers it's individual clients sub-accounts, which the institution operates and manages.
CUSTODIAL, VAULT AND GOVERNANCE SERVICES ; AFE provides independent and private bullion vault services governed, protected and insured under AFE's strict corporate and custodial governance.
AFE's gold and silver bullion holdings, are held in trust, free from physical, political or legal risk. AFE operates under strict internal and external corporate and custodial governance, insuring 100% bullion backing.
FINANCIAL $ TRUST
FINANCIAL SOLUTIONS
AFE delivers a range of specialist financial, investment and trust services and facilities that can be tailored and blended to specific client requirements.
The overall investment objective is to provide conservative capital growth and stable returns while protecting capital through multiple market and regional diversification with an strong emphasis on prime commodity markets.
Private Investment Banking
Private Bullion Banking
Tailored Loans against Bullion Accounts
International and Private Banking arrangements
Escrow and Trust accounts
Private Trust Services
International Asset Relocation and Re-investment
International Corporate Structuring
Taxation and Business Advise & Strategies
Privacy Strategies
The management, growth, protection, preservation, diversification and distribution of wealth and assets are all good reasons to exploit careful trust planning during your lifetime.
Our trust department provides specialist one-on-one trust services to select private clientele.
Would you like to recieve more information on our private financial and trust services and how these services may be tailored to your specific requirements and or application ?
INVESTMENT BANKING
AFE employs a global and time-proven approach to investment and asset allocation based on the careful application of the "Generationally Wealthy" model.
In our modern world, global diversification of assets is more important than at any other time. In many jurisdictions today, the risk of capital loss from government seizure or confiscation can be higher than from market losses.
Increasingly it has become necessary to adopt a more "pro-active" approach to achieve reasonable returns and manageable risk.
The overall investment objective is to provide conservative capital growth and stable returns, while protecting capital through multiple market and regional diversification with an strong emphasis on prime commodity markets.
Global diversification spreads the market risk to numerous regions, while at the same time, allowing the investment portfolio added growth potential in regions that many investors may not otherwise have considered or had access to.
Careful global asset allocation can have the added benefit of allowing assets to grow and compound in jurisdictions that encourage investment by offering attractive tax incentives.
When studying the Investment Model of the Generationally Wealthy, AFE has observed the strict adherence to several age old principles. This Investment Model of the "Generationally Wealthy" has been applied by to AFE Investment Banking Services.
Through a simple process of true asset diversification, the Generationally Wealthy have not only preserved, but greatly increased their wealth over many generations, despite booms, busts, holocaust, famine, market and social disturbances and natural disasters.
These principles have been tested and proven over centuries spanning multiple generations, and have provided a solid and sound foundations for the management of many asset portfolios.
THE ANGLO COMMODITIES ROYALTY FUND (THE FUND)
is an investment fund administered and managed by Anglo Securities Limited, the investment - banking subsidiary of The Anglo Far-East Company(AFE)
The Fund Managers have the distinct advantage of maturity and successful track record in Funds management business withspecific experience in the precious metals, energy and commoditiessectors.
The Fund is an actively managed, highly diversified and specialist fund of strategic commodity related assets. It is designed to provide robust returns through a diversified portfolio of mineral and energy producing, mining, development and exploration companies ’ securities, royalty and carried interest in commodity acquisition, trading and marketing, and a range of directly owned and operated production as sets including oil and natural gas reserves, oil and natural gas wells and leases. The Fund is designed to give the investor balanced, broad and leveraged exposure to rising commodity and energy prices.
PRIVATE TRUST SERVICES
a one-on-one working relationship . . .
The management, growth, protection, preservation, diversification and distribution of wealth and assets are all good reasons to exploit careful trust planning during your lifetime.
The benefits gained from trust planning multiply dramatically through the meticulous management, division and allocation of your estate beyond your lifetime.
Our trust department provides specialist trust services, and project management under trust, to select private clientele. We encourage a "one-on-one" working relationship with our clients.
This approach enables us to work together with the client to develop and implement practical and effective trust solutions to a host complex and intricate applications.
WHAT IS A TRUST ? THE ORIGINS OF THE TRUST ? Trusts have their origins in medieval English Law and have been used for many hundreds of years for the protection and management of property and assets.
HOW DO THEY WORK ? A trust enables an individual "the settlor" to donate (or "entrust") assets or property to a neutral third party or guardian "the trustee", who holds the assets and administers them for the benefit of other individuals nominated by the settlor "the beneficiaries".
WHAT ARE THE ADVANTAGES OF A TRUST? HOW CAN OPERATING A TRUST PROVIDE AN ADVANTAGE ? The effect of creating a trust is to shift the burden of property or asset ownership onto a trustee, while retaining the full benefit of that property or assets for beneficiaries.
Shifting the burden of ownership to a neutral trustee has many clear benefits;
For example, it greatly increases the protection around those assets, insulating them from seizure or theft by parties attempting to attach the assets of the settlor or beneficiaries.
In many cases assets can grow and multiply far quicker when held in trust in a tax advantaged vehicle and/or location without directly impacting the current taxation* of the of the settlor or beneficiaries. *Subject to jurisdictional considerations
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