Trust solution for Indian nationals

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Guernsey-based trust company Nerine, has launched a trust solution for Indian nationals.

Commenting on the launch, Managing Director, Pranav Khanna, explained that factors in the past ten years have seen a renaissance in trusts as a mode of succession and estate planning in India. One reason is the rapid and broad economic growth which is setting the agenda for change in a number of financial planning areas. "The other, arguably more significant, reason is that large businesses that have been overwhelmingly successful have remained within the same family for more than two generations. Nerine's Indian domestic trust is tailored to meet clients' expectations which have out...

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