Trust Services
Following the ratification of the Hague Trust Convention and the publication of the guidelines about the taxation of trusts, it has become highly beneficial to provide trustee services out of Switzerland.
Trusts have their origins in Anglo-Saxon property law and derive from remedies granted by equity courts. The trust concept is structured as a triangular relationship whereby a settlor transfers assets to a trustee who is then under a fiduciary obligation to deal with and hold such assets for the benefit of one or more beneficiaries. The trustee becomes the legal owner of the trust assets, although this ownership is limited by the equitable interest of the beneficiaries.
Due to its flexibility, a private trust is commonly used for the following:
Asset Holding and Asset Protection
Tax Planning
Estate and Succession Planning
Confidentiality
In close collaboration with our tax, legal and accounting departments, Marcuard Trust’s trust team provides a comprehensive, fully integrated service for private, corporate and institutional clients.