All Collections
Trust Handbook
General
Bank assets are often subjected to 3rd party investigation. Will a Trust account come across the same problem?
Bank assets are often subjected to 3rd party investigation. Will a Trust account come across the same problem?
S
Written by Support
Updated over a week ago

UTGL is a licensed trust company. Unless the Settlor is involved in any alleged crime or a High Court order is obtained, UTGL will not disclose any clients’ trust information to any third party. Compared with the assets under bank, assets in a trust enjoy high privacy and protection as trust is a private arrangement between the Settlor and the Trustee, the setting up of a Trust and details of the assets are not allowed for public research. That’s the reason why many high-net-worth individuals will consider setting up a trust to protect their assets.

Did this answer your question?