The effect of this Trust is to remove your assets from your estate. By taking this step, you can gain control and security as a result of the legal title to your wealth being held outside your country of residence.
What is a Discretionary Wealth Protector Trust?
The Discretionary Wealth Protector Trust makes use of the Trusts (Guernsey) Law, 2007 to help strengthen the Trust by excluding foreign law on decisions relating to its validity. By transferring your assets to a Discretionary Wealth Protector Trust, you can potentially remove these assets from your estate, giving a number of possible benefits in terms of the protection and eventual distribution of your wealth.
Main features
In addition to other benefits of a Discretionary Trust, a Discretionary Wealth Protector Trust offers the following: