Menu
A Trust is a legal structure allowing an individual (the settlor) to appoint a trustee to administer and manage their assets for the benefit of themselves or others (beneficiaries).
Through our strategic partnerships, JIA offers a full suite of trust and foundation services, including the formation and administration of trusts, foundations and private trust companies on behalf of clients who want the benefit of an independent trustee administering their assets.
A trust is a legal structure that allows you (the settlor) to leave your assets in the hands of an appointed trustee to administer and manager for the benefit of others (your beneficiaries)
With strategic partnerships collaboration, JIA also offers trust and foundation services forming and administering trusts, private trust companies and foundations on behalf of clients who seek the benefit of having an independent trustee to administer their assets.
Most commonly, trusts are used to protect the interests of young or vulnerable children. And that may be children who are minors, or beneficiaries who, for whatever reason, are not capable of handling their own financial affairs. These include special needs children, children too young to get substantial inheritances, or beneficiaries who are spendthrifts.
Trusts may also be useful for legitimate tax planning purposes. For instance, you may channel income or profits from your assets to family members in lower income tax brackets, so that the income/profits are subjected to lower tax rates. A trust can also be used to protect assets from capital gains or death taxes that may apply in other jurisdictions.
Trusts can also be used to pass wealth from one generation to the next. Rules can be written for the trust to determine how the assets are passed on, not just your children, but also your grandchildren and great- grandchildren. You may also set out rules on how the assets in your trust are to be invested.
Some types of trusts can protect assets intended for beneficiaries from creditors - and hence, can be used by people in high-risk businesses or professions (where they may be sued for negligence) to protect family assets. Similarly, it can protect assets intended for beneficiaries in the event of divorce legal proceedings.
Most commonly, trusts are used to protect the interests of young or vulnerable children. And that may be children who are minors, or beneficiaries who, for whatever reason, are not capable of handling their own financial affairs. These include special needs children, children too young to get substantial inheritances, or beneficiaries who are spendthrifts.
Trusts can also be used to pass wealth from one generation to the next. Rules can be written for the trust to determine how the assets are passed on, not just your children, but also your grandchildren and great- grandchildren. You may also set out rules on how the assets in your trust are to be invested.
Trusts may also be useful for legitimate tax planning purposes. For instance, you may channel income or profits from your assets to family members in lower income tax brackets, so that the income/profits are subjected to lower tax rates. A trust can also be used to protect assets from capital gains or death taxes that may apply in other jurisdictions.
Some types of trusts can protect assets intended for beneficiaries from creditors - and hence, can be used by people in high-risk businesses or professions (where they may be sued for negligence) to protect family assets. Similarly, it can protect assets intended for beneficiaries in the event of divorce legal proceedings.
Trusts may also be useful for legitimate tax planning purposes. For instance, you may channel income or profits from your assets to family members in lower income tax brackets, so that the income/profits are subjected to lower tax rates. A trust can also be used to protect assets from capital gains or death taxes that may apply in other jurisdictions.
Some types of trusts can protect assets intended for beneficiaries from creditors - and hence, can be used by people in high-risk businesses or professions (where they may be sued for negligence) to protect family assets. Similarly, it can protect assets intended for beneficiaries in the event of divorce legal proceedings.
By clicking on the “I agree” button, you are deemed to representing and warranting that you are an Accredited Investor as defined in Section 4A(1) (a) of the Securities and Futures Act (“SFA”), Chapter 289.
The information contained in this website is not provided to and may not be used by any person in any jurisdiction where the provision of our services is contrary to the applicable laws, rules or regulations of any governmental authority or regulatory organization where we are not authorized to provide such information.
The contents that are furnished in this website do not constitute an invitation or an offer to acquire, hold or sell any investment instruments that may be listed on this website. They serve exclusively for the purpose of providing information and may be changed at any time without prior notification. JIA accepts no liability for any losses from direct or indirect losses of any type associated with the use of the information contained in this website or with the risks of financial markets.
