Selestia expands trust services in offshore range

Four new trusts services have been added to the Selestia offshore range, as well as a new cash fund paying 4% gross interest and new sales aids for intermediaries. The excluded property trust is targeted at non-UK domiciled individuals who are resident in the UK. By placing non-UK assets in an excluded property trust, non UK-domiciliaries can legitimately avoid UK inheritance tax on those assets should a change in domicile status be triggered. The probate trust is a flexible power of appointment trust. The settlor has access to both capital and growth and there are no restrictions on ...