When it comes to international wealth structuring, there is often debate over whether it is appropriate to make information available to the public in respect of the ownership of such structures. It is important to highlight at the outset, that there is a significant difference between “privacy” and “secrecy” when discussing private wealth. It is […]
Saffery Trust Guernsey Senior Officer, Lily Simmons, has been recognised for their achievements by STEP Guernsey. Lily Simmons, was named as the Highest Scoring Individual in Guernsey for the STEP Professional Postgraduate Diploma in Private Wealth Advice. After completing her STEP diploma, which is where most trust professionals complete their studies, Lily decided to continue on […]
The UN Climate Summit held in November will likely accelerate growing interest in sustainable and responsible investing, which will put suitable asset holding structures in the spotlight. Following the COP27 UN Climate Summit in Egypt, the clarion call to take urgent action to tackle the climate emergency is getting louder. As part of this, the […]
“Metaverse” was one of 2022’s buzzwords of the year: but what does it mean for HNW families and family offices? An unfamiliar concept to many people not so long ago, “metaverse” has been of one 2022’s standout buzzwords, including for wealthy individuals, their families and family offices. In a coming of age signal, Oxford Dictionaries […]
Trusts and foundations offer a range of succession, wealth planning and philanthropic solutions for individuals and families. Asset protection and taxation are likely to be important considerations when considering the merits of establishing such structures. Broadly, a trust is a relationship between three parties: the settlor (who creates and transfers property to the trust), the […]
Saffery Trust in Guernsey and Switzerland have announced three new hires to the firm, including the appointment of Dominic Lawton-Smith as Trust Director, along with seven promotions across its Guernsey and Geneva offices. Dominic Lawton-Smith joins from Crestbridge, where he led the Cayman private client business and was a Managing Director of the firm’s US […]
Saffery Trust Guernsey and Cayman Director, Lisa Vizia, has been named eprivateclient’s 50 Most Influential listing for the second time. Selected by a panel of PAM Insight judges based on their achievements and potential over the last year, the prestigious listing identifies individuals at the forefront of their professions. Lisa was previously named in the […]
Saffery Trust confirms the completion of its acquisition of Holdun Trust (Cayman) Limited (“Holdun Trust”) following the grant of regulatory approval from the Cayman Islands Monetary Authority. The combined business will operate as Saffery Trust (Cayman) Limited. Saffery Trust first established a Cayman offering in 2020, and the acquisition of Holdun Trust, first announced in […]
In 2020 The Grand Court of the Cayman Islands approved a Public Trustee v Cooper Application blessing a trustee’s momentous decision to distribute the trust fund to a small number of the discretionary beneficial class, who were the Shari’a heirs of the deceased settlor. In this case, it was noted by the judge that: “The […]
