Trust Registration

With the ever evolving financial arena and regulation on a global scale setting up a trust is still a proven method of protecting assets, estate planning and control. But not all trusts are created equal. When it comes to establishing a trust, there’s more to it than just completing a form – especially as it’s a legal obligation that must be undertaken carefully, accurately and with the expert’s perspective. Whether it is for family wealth transmission, charitable objectives, or investment structuring, there is a new level of legal recognition and operational certainty rendered by a registered trust. At Eternity Law International we provide comprehensive assistance to set up acceptable trusts in the onshore and offshore jurisdictions – we lead our clients from the concept to the complete legal state.

Establish legally compliant trusts with professional help

A trust is way in which someone (a trustee), holds and manages property and other assets for the benefit of one or more persons (the beneficiary). In order to work as intended – and legally – the trust must be formed, documented and acknowledged by the applicable legal regime. That entails adhering to a trust registration procedure, such as next-described.

1. Drafting the trust deed.
2. Identifying the settlor and beneficiaries.
3. Appointing qualified trustees.
4. Deposit at the competent registries (if appropriate).
5. To comply with AML and transparency laws.

These actions differ by jurisdiction, type of trust, and regulation. We take charge of all the aspects for the formation and make sure that trust set up is secure, enforceable and tailor-made for its purpose.

Expert registration services for various trust types

The trust deed is a constitution for any trust. It describes the purpose of the trust, the powers of the trustee, the trustee’s responsibilities, and the rules of administration of the trust estate. Although legal trust funds can greatly benefit all involved, they can also cause disputes, mismanagement, or even failure when written incorrectly.

Our trust deed drafting service will provide you with a trust deed in which every clause is customized to suit your needs, which may include asset protection, charitable giving, and effective succession planning. We prepare deeds that are straightforward, legally defendable and consistent with the most up to date compliance standards available in common law and civil law jurisdictions.

Ensure your trust meets regulatory requirements

The duties of the trustee are core to a trust’s administration. A trustee has certain obligations to act fairly and prudently in managing the trust assets, and to avoid any conflicts of interest. Duties often include next-mentioned.

1. Safeguarding trust assets.
2. Applying the proceeds as provided for in the deed.
3. Submitting financial reports, tax returns.
4. Maintaining up-to-date beneficiary records.
5. Providing the same comfort in connection with other.

Not only do we offer legal advice, but we also offer trustee services with approved partners to help make sure that your trust is working properly and doesn’t have legal issues.

Beneficiary identification and Due Diligence

Now it is a precondition of the obligations of the trustee in most places in the world, to know who your beneficiary is. Trusts have come under pressure from anti-money laundering (AML) and anti-tax evasion requirements. It is necessary to take names of all the persons who are to be beneficiaries including contingent beneficiaries, discretionary beneficiaries, etc. in order to conform with international transparency requirement. We provide beneficiary vetting, structuring for complex family or corporate structures and documentation that meets regulatory requirements while maintaining as much privacy as possible.

Obtain a trust license in the Comoros

For those clients looking for a currently operable offshore solution that is both flexible and which provides for a simplified licensing regime for trust and fiduciary services, the Union of Comoros is a clear option to consider. The Comoros trust license permits to provide trusts services by fully legal means with the minimum of structural obligations based on the trust services rendered. Trust registration process includes next-listed.

1. Incorporating a Comoros-based legal entity.
2. A thorough process of application and business plan presentation including trust deed preparation.
3. Appointing local or approved representatives.
4. With experience in trust management or financial services a plus.
5. In due diligence and review for regulatory approval.

With Eternity Law International, the trust license in the Comoros is a turnkey service, meaning we will take care of everything, from the formation of the entity to receiving the license. It offers an opportunity for advisors,wealth managers or other professional advisers who are considering to extend their fiduciary services under a well established offshore location.

Complete support for trust registration and setup

We are an international law firm with a distinct global perspective. Wether you establish a simple discretionary trust or apply for a professional fiduciary license internationally, this is what it is all about to accompany you to each of your legal milestones. Our services include the following.

1. Tailored trust structuring and formation.
2. Drafting and reviewing trust deeds.
3. Trustee appointment and compliance oversight.
4. Trust formation and carrying out of operations in overseas jurisdictions.

From ensuring your family will be taken care of when you’re gone, to handling your complex corporate structure, we provide robust trust solutions that can withstand legal challenge – however many borders or generations away.

Trusts can be powerful tools – but only if they are based on strong legal foundations. And when that trust is correctly registered, when trustee responsibilities are outlined, when a beneficiary has been properly identified and when a good trust deed has been written – it’s a very real thing. It is a recognized entity at law and operates to hold preserve and manage property vested in it. Whether you’re looking to move into international trust jurisdictions or seeking to obtain a Trust License in the Comoros, Eternity Law International provide a depth of knowledge and service that cuts through the complicated – providing you true peace of mind at every step in the formation of your trust.