Fiduciary Services

 

Trust Administration Services

An international trust can play a key role in ensuring that your beneficiaries are treated fairly and considerately in accordance with your wishes, while giving you the security of knowing that your assets are safe.

Since trusts avoid the public process of probate, your beneficiaries may gain access to assets more quickly than they might to assets that are transferred using a will. Additionally, if a trust is irrevocable, it may not be considered part of the taxable estate, so fewer taxes may be due upon death.

Other benefits of trusts include:           

  • Control of your wealth
  • Protection of your legacy
  • Privacy and probate savings
  private wealth management swirls
   

Private Trust Company

A private trust company (“PTC”) is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of “connected” trusts. This has proven to be a particularly attractive structure for wealthy families who are sensitive to issues of confidentiality, or who wish to retain some control or influence over the administration of the trust assets which may also include shares in the family company.

Company Management Services

Holding securities, real property or other investments in an offshore company offers many potential advantages, including:

  • Professional asset management 
  • Protection from political uncertainty
  • Limited liability
  • No direct taxation on capital gains, income or inheritance

 

Global Custody Services

If you invest internationally, or are interested in doing so, you will want your assets to be protected and your transactions handled accurately and efficiently.

Our global custody service allows you to consolidate your international portfolio in the hands of global custodian. You enjoy ease of administration and avoid cost duplication, whilst benefiting from preferable pricing from one of North America’s largest custodians.

For more details on Fiduciary Services contact us:

The Bahamas   The Cayman Islands

Perry Rolle

Managing Director

CIBC Trust Company (Bahamas) Limited

Tel: 242 356-18036 

 

 

 

David Mullen

Managing Director - Fiduciary Services

CIBC Bank and Trust Company (Cayman) Limited

Tel: 345 914-9425 

 

 

Esme Watler-Hydes

Director - Fiduciary Services

CIBC Bank and Trust Company (Cayman) Limited

Tel: 345 914-9423