Safe Harbor Trust offers trust formation and management services in St. Vincent & the Grenadines and other international jurisdictions such as Anguilla, B.V.I., Nevis, Turks & Caicos Islands etc.

In St. Vincent Trusts are regulated under the International Trusts Act, 1996, and the International Trusts (Amendment) Act, 2002.

Definition of an International Trust

In most cases a trust is created, when an owner of property, the settlor, transfers the property to a trustee, who becomes obliged under the terms of the trust to manage the property for the benefit of the beneficiaries.

Legally, Trusts are defined as a fiduciary relationship between a trustee and a beneficiary.

It is a useful vehicle when it is desired to create a separate fund or to isolate certain property for a specific purpose, and to insure that it remains available for that purpose by laying down a binding contract as to its management and use.

Trusts are mostly used by lawyers, when setting up asset protection strategies for their international clients, or when planning the estate of a family.

Setting up an International Trust

A trust is set up by filing a Trust Deed (the Terms of the Trust), with the Registrar of Trust, who will then issue a Certificate of Registration to the Settlor / Grantor.

Safe Harbor Trust can incorporate an International Trust and provide its clients with an immediate bank account ready to fund, within 24 hours.*

Principal Components

The Settler (Grantor):
The person individual or corporate that settles his/her/its assets into the trust

Trust Deed:
Document that is executed as a deed and registered, containing the terms and conditions of the trust and authority of the trustee.

Trust Property/Assets:
Property that the Settlor places in trust, which could be adjusted from time to time depending on the type of trust.

Trustee(s):
The person individual or corporate appointed by the Settlor to administer his/her/its wishes as expressed in the Trust Deed.

Beneficiary (Cestui Que Trust):
The person or persons to whom the Settlor wishes the trust assets or income thereof to be paid in accordance with the terms and conditions of the Trust.

Protector:
A Settlor may name an individual thirtd party and vest that individual with the tasks to ensure that the Trust is administered according to his/her/its wishes.

For more information, please call us at +1 784 451 2032.

*(Account Transaction Capability is Subject to Receipt of Completed Due Diligence Documentation).

> International Trust Incorporation Fees (PDF)