An asset protection trust is an arrangement for the holding and administration of property under which property or legal rights are vested by the owner of the property (the Settlor) in a person or persons (the Trustees). The Trustees then…

Trusts in Mauritius are governed by the Trusts Act, 2001. A asset protection trust can only be created by an instrument in writing which should state its Object, subject, intention and Duties and powers of the trustees. It can be…

Most offshore asset protection trusts fall into four broad categories: Private: including discretionary, accumulation and maintenance, life interest and fixed interest trusts. Corporate: including pension and employee benefit trusts. Charitable: solely for the benefit of charitable organizations. Purpose: trusts with…

Non-charitable purpose trusts must have a duration not exceeding 25 years. Charitable purpose trusts can be of perpetual duration. All other trusts must have a duration not exceeding 99 years. Manu RajHas a positive attitude towards the job, is friendly…

The Trust Act permits the appointment of a Protector, who owes fiduciary duty to the beneficial owners. Unless otherwise provided in the Trust Deed, the Protector can • remove the Trustee and • Appoint new or additional Trustees. • The…