Trust is a private arrangement between the client as settlor and trustee which can be an individual or a corporation. By entering a trust deed, the relationship is legally established. The trustee will not disclose any information on clients and their assets to a 3rd party unless a court order has been received, or with the consent of the Settlor for such disclosure. Trust is widely used as a tool for asset protection and privacy reasons.
Is Trust private?
S
Written by Support
