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Costs will obviously vary; however, the average cost of forming a standard trust is around £1,000. Annual administration costs may vary considerably as these may be charged as a percentage of the value of assets or on a "time-spent" basis, with perhaps a minimum charge of around £1,000 per year.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Jonathan G. Hooley on Tel (indirect line): + 44 (0) 1481 721000, Tel (direct line): +44 (0) 1481 719544, Fax: +44 (0) 1481 722373.
The role played by offshore financial centres (OFCs) in shaping global finance is significant and impacts upon private credit transactions in much the same way that it does traditional institutional lending
In this three-part video series, Brian Kelliher, Cillian Bredin and Derbhil O'Riordan provide an overview of some of the key features of the Irish ELTIF, including its liquidity profile.
In this three-part video series, Brian Kelliher, Cillian Bredin and Derbhil O'Riordan provide an overview of some of the key features of the Irish ELTIF, including its liquidity profile.
When you or your client think about their new Superyacht it might conjure visions of luxurious relaxation, crystal clear blue waters and basking in the sun; conversely, ...
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