You may not be rich enough to land in the Pandora Papers, but you may still need a trust

by | Nov 5, 2021 | In The News

Published November 5, 2021 by Market Watch 

So maybe you’re not a former or current head of state, or a wealthy oligarch, or media or a sports personality such as those named in the Pandora Papers. But why should those folks get to protect their assets or shield income from being taxed, and not you?

Well, the truth is that you, too, can establish a trust. You just need what the rich have: Access to a professional who knows what type of trust to establish, where to set it up, and what trust company to use. And it wouldn’t hurt to have enough money to make it worth your while, perhaps a business that you’re about to sell, for instance.