Effective estate planning requires a thorough analysis of the specific circumstance of the client, a review of the alternative courses of action, and a consideration of the most appropriate structure to achieve the established objectives. Nothing can substitute for the comprehensive and well-defined planning to ensure long-term security and peace of mind.
Whether the objective is to protect your assets from frivolous claimants, structure your international business transactions to provide the maximum in privacy and/or tax mitigation/minimization, or simply to ensure that the disposition of your assets takes effect as you desire, and with minimal or no inheritance, gift or transfer tax, then international estate and tax planning is a tool at your disposal.
In an increasingly global economy those entities which transact business in multiple jurisdictions value the importance of properly structured corporate affairs to take advantage of regional and multilateral trade opportunities, tax incentives and mitigation, profits re-allocation, and double taxation treaty facilities. The creation of a permanent establishment in the tax-advantaged jurisdiction of The Bahamas is an integral part of any strategic planning, which may also extend to accessing international finance through the utilization of offshore corporate structures to coordinate debt and equity financing and bond issues.
Instruments & Structures
Explore the options of structuring your affairs through one or several of the following:
Asset Protection Trust: The ability to ensure that certain of your assets are removed from the reach of mischievous litigants/claimants.
Captive Insurance Company: Can decrease the cost of risk coverage and minimize the tax on premium income.
Direct Investment: The opportunity to invest in active foreign enterprises and utilize it as a means of investment diversification, residency requirement, and for the accumulation of wealth in a tax-advantaged domicile.
Emigration/Permanent Residency: The ability to establish residency in a low tax or tax-free jurisdiction and the security of a second residence in times of crises.
Exempted Limited Partnership: Must consist of at least one general or corporate partner and one limited partner. The general partner assumes responsibility for all liabilities of the partnership should the assets prove to be inadequate.
Family Office Management: The establishment of a private trust company or corporate structure for the efficient management of the family’s estate, wealth, specific assets, and daily requirements in a consistently professional manner. This facility is ideal for the long-term planning of entrepreneurs and the individual of established or inherited wealth. The privat