Trusts - The earliest use of Trusts

The earliest use of trusts related to the protection of families and their financial assets and over the years they have formed a considerable part of the sound financial and succession planning utilised in individual strategies.

In the past the management of many of the trusts was based in remote tax havens but with the world as it is today, commercial and other considerations have led to the services of trustees being offered with more frequency in Switzerland where reliance can be placed on the world renowned strength of the Swiss banks, portfolio managers and in particular on Swiss political stability.