chapter  16
13 Pages

Settlor Control, Forced Heirship and Asset Protection: Continuing Issues of the Offshore Trust Regime

The offshore trust regime, not unlike a domestic trust structure, seeks to give maximum protection and comfort to settlors both in terms of how assets are distributed as well as to the specifi c benefi ciaries. While the principles are common to both trust regimes, the legislative and practical responses in the offshore fi nancial centres seek to make the use of such centres attractive by facilitating the implementation of those principles. The areas of settlor control, forced heirship and asset protection have not surprisingly benefi ted from this legislative thrust.