This is the first of a series of articles, starting in July 2015 for African Private Office.
Why Africa? Well, I spent 20 years travelling to the continent looking after the wealth management needs of families living there. Given the issues of economic and political instability in many emerging markets, the issues of wealth protection are often at the fore.
This article goes back to basics, looking at the key principals to consider when protecting wealth for future generations, before explaining how a trust can achieve a level of protection as an estate planning tool.
Similar principals apply for both onshore and offshore trusts.