Most Western countries provide reliefs under their laws which allow assets to pass, free of tax, from individuals or corporations into Offshore Trust arrangements.

Indeed, the relationship between Trusts, both onshore and offshore, Taxation, Asset Protection and Wealth Preservation has brought about a demand for information which was difficult to obtain only a decade ago. And this is all quite legal. The super-rich have been doing it for decades. Most major companies and banks, globally, have offshore operations.

But, now these arrangements are available to anyone wishing to enjoy the following benefits:

Save vast sums in taxes.

Pass wealth to future generations free of tax.

Enhance financial privacy away from networked databases.

Shield against harassment and vengeful lawsuits.

Minimise inflation and currency risks.

Protect property against government confiscation.

Limit personal liability.

Avoid currency, capital and exchange controls. Minimise economic and political risk.

Change the ownership of assets or wealth without the knowledge of anyone.

Reduce costs of property transactions.

Use trust as a money-raising vehicle

Avoid probate on death.

Preserve wealth with financial, investment and pension planning.

And achieve financial immortality.

Richard Branson saved many millions in tax when he sold his Virgin Record Company by using offshore arrangements. Before Virgin went public, Branson took the step which saved him tens of millions in tax by transferring ownership of many of his shares in the Company to Offshore Trusts of which he and his family are beneficiaries. When the Company went public, and when his music business was sold later, in a transaction worth over £560 million, the bulk of the capital gain was free of tax. There was not, could not, and will not, be any dispute over the legality of the tax avoidance inherent in the transaction. United Kingdom tax rules allow offshore trust arrangements most definitely. And the same is true for most Western countries.

Here's a possible scenario for an individual with more modest means:

A variety of investments are owned by either a single person or a couple. Anything of value as capital can be used, but property is the most common asset. The properties may be mortgaged. Using legal strategies, successfully implemented over decades, the portfolio can be moved, under statutory protection, into a tax-free, trust-based environment.

The portfolio investments can be sold free of any tax on the capital gain. Tax-efficient rental strategies remain available. Taxes due on death on shore, cannot be levied on these investments or their sale proceeds offshore.

This arrangement uses statutory reliefs. It does not even touch on "tax avoidance". It has full disclosure to tax authorities. It can be set up in conjunction with existing professional advisers. It uses independent professional trustees. It is the perfect arrangement.

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