Succession

What is the point of accumulating wealth only for it to be squandered by the next generation, dissipated through inter family disputes or haemorrhaged to some undesirable third party, such as a former spouse or illegitimate child, for lack of an effective and binding succession plan.

Asset protection - is not a science, it is an art. Knowing how to protect your wealth and who to trust is not easy - especially if you are not there to oversee it

Step children, former spouses, rogues, business partners and shareholders - all may have misplaced expectations as to what they want, which can lead to lengthy litigation and the destruction of family harmony - all of which can be avoided with careful planning.

Post Covid 19 offshore trust structures are under review using information gleaned from the OECD Common Reporting Standard (Automatic Exchange of Information) in 2018. You need to make sure it is robust with a second opinion looking for weaknesses which will be exploited by HMRC when it investigates

In accordance with our ethos, we listen to your concerns and wishes; and guide you as to how and who to assist you.

GFOS cares for its clients. It wants to serve you not only now but for many generations to come.