International trusts & foundations

From our offices in Europe, the US and Hong Kong, we work with families in over 80 countries. We regularly establish trusts and family foundations to meet the needs of these clients. While the legal structure and philosophy of trusts and foundations are radically different, the use of a structure which is appropriate to the family is paramount, and sometimes a trust is more appropriate, while at other times, a foundation is a more useful tool.

We advise on the establishment, administration, governance and administration of such vehicles. We work closely with corporate trustees, and in appropriate cases, assist very wealthy families in the creation of private trust companies in such jurisdictions as Bermuda, the Cayman Islands, New Zealand and a number of American states.

While many of our clients come from common law backgrounds, these structures are also used with frequency by families living in civil law and Sharia environments. This is particularly true where the family invests internationally, or has family members in various parts of the world.

Recent work

  • Advising on and implementing a restructuring of trusts for an international group with complex internal family and tax issues, with corporate holdings held in trust worth approximately $40 billion. 
  • Advising on the UK tax treatment of a Liechtenstein foundation and arranging for the assets to be transferred to a trust to improve the tax posture UK resident beneficiaries.
  • Converting a Liechtenstein foundation into a Wyoming trust to realize very significant tax benefit for the beneficiaries of the trust who all happened to be US citizens.
  • Advising a Hong Kong family with significant real estate holdings in some ten countries with respect to structuring a holding company in a tax-favorable jurisdiction to minimize corporate withholding tax on various real estate holdings, and restructuring a 15 year old trust in light of the elimination of estate duty in Hong Kong and as a result of a senior family member moving to the United States.

You are now leaving Withersworldwide and visiting Withers Consulting Group (WCG) website. Please note WCG does not offer legal services and is therefore not regulated by the Solicitors Regulation Authority or other regulating body. WCG works independently of Withersworldwide. For further information please see WCG's +Regulatory Notice +