Offshore Trusts Assets Protection PETRO INTERNATIONAL
open_24_hours
welcome_flower To Petro Funds

Petro International is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals

World-Wide Financial Services

Offshore Trust Formation
counting_money

Indicies

Offshore Trust Companies Only US$575

Our Technology

You may now enjoy the advantages of a totally confidential individual Offshore Trust without the complex documentation, legal fees or transferring of funds.

Your Trust can be activated and accumulate a substantial balance within the first six weeks. You can also enjoy the benefits of a secured International credit card, with no credit enquiry or paper trail. Your only obligation is a payment of US$575 to activate the Trust.

What Is An Offshore Trust?

A Trust is a relationship created by a "settlor" whereby during his lifetime he transfers assets to a "trustee" for the benefit of another person or class of persons called "beneficiaries".

The underlying principle of a trust is the clear separation of the legal ownership of the asset - which lies with the trustee - from the beneficial ownership of the asset, which lies with the beneficiaries. The trustee gives the settlor an assurance that he will take responsibility for the asset and distribute or deal with it in accordance with the settlor's wishes.

The main purpose of an offshore trust is to protect the assets of the settlor against financial disaster which may be caused by excessive death duties, a spendthrift family member, marital or family breakdown, mismanagement of business ventures, contingent creditors and political risk.

The Trust Deed is a written instrument or contractual agreement which sets out in detail the duties of the trustee, the names of the beneficiaries and the assets which are the subject of the trust. It enables the settlor to make confidential provisions for himself or his family in a tax efficient manner during his lifetime or upon death, by divesting himself of income and assets to a trustee who will hold and administer them in a tax free jurisdiction such as Cayman Islands, British Virgin Island, Antigua and Barbuda.

With the ever growing threat of predatory lawsuits, punitive and retroactive government regulation, and the generally uncertain climate, asset protection trusts have become an important financial planning tool for doctors, entrepreneurs, developers, professionals, businessmen and anyone who has assets they do NOT WANT TO LOSE.

Petro Funds International's Offshore Trust Formation Division provides full corporate management, for all major offshore centers. This includes the provision of the registered office, the provision of Directors and Company Secretary as required, together with all other officers, maintenance of all statutory records, arrangement of directors' meetings, the conduct of the Annual General meetings of shareholders, the provision of all clerical and administrative services and management of the entities' assets.

Board-room facilities are provided free of charge, as a matter of course. In addition, Petro Funds International provides nominee shareholders, thus establishing full flexibility and further ensure confidentiality.

Beside to the comprehensive European coverage, Petro International incorporates and manages companies all over the world, although these are principally in extremely low or nil tax jurisdictions as part of secure optimum structures.

Our Service Includes:

  • Initial planning and choice of the most suitable jurisdiction and all ancillaries functions following;
  • Consultation with counsel, accountants and government at all levels;
  • Full accountancy service, up to non-audit standard. Audit can be arranged, if required.

To safeguard your valuable assets or assure offshore financial services with complete confidentiality, take advantage of the excellent opportunities offered by Petro International.

Advantages and usages of a Trust

  • Preservation of family wealth by avoidance of death duties and inheritance tax

    Upon death tax authorities will be looking for any hidden assets held by the deceased for the purposes of levying death duties and inheritance tax in addition to making good on taxes and penalties avoided during the life of the deceased. If the deceased has left a will upon death his asset are disclosed to the world and hence to the tax authority. By parting with his property during his lifetime to trustees the settlor avoids this eventuality and so preserves family wealth.

  • Continuity of ownership and management of business assets

    A Trust is akin to a limited liability company and hence notwithstanding the death of the settlor its management and operation continues especially where the trustee is a well established organization that has been specifically authorized to manage trusts.

  • Protection of inheritance wishes through heirship provisions

  • Asset protection against future unknown claims

    Since by setting up the trust the assets technically do not form part of the settlor's estate, the assets cannot be seized in the event of financial insolvency.

  • Planning for emigration / immigration in the event of restrictions or changes in law

    There will be assets readily available for use outside the onshore jurisdiction.

  • Tax avoidance in relation to income or assets

    Generally, in most offshore jurisdictions the trust is administered free of taxation. Onshore jurisdiction will general not allow trusts to be administered tax free.

  • Avoiding or reducing probate formalities where assets such as bank accounts are held in several countries

  • Protection for infant children, aged parents or persons of unsound mind

    Trusts provide a means whereby persons under a disability can be looked after.

  • Confidentiality

    The alternative to a trust is a will. A will is a public document once probated and does not provide the kind of confidence as the trust.

  • Provide pensions for retired employees and their dependants

  • Estate Planning

    Trusts allow the continued administration of property after the settlor's death in the way that he has requested and thus it relieves him of fears that the estate will be squandered away upon his death.

Some countries have introduced anti-avoidance laws to lessen those advantages and it is therefore important that the Trust be carefully drafted.

Offshore Trusts For the international client a trust instrument can be prepared to meet any requirement of the settlor and may take cognizance of and incorporate the following types of provision in the trust instrument:

  • Acceptance of additional property into trust
  • The appointment of trustees outside the jurisdiction of choice
  • Changing the governing law
  • Appointment of additional beneficiaries and exclusion of any beneficiary
  • Distribution of the trust fund to another trust.

A settlor can set out in the trust instrument the way in which he wishes the trustee to administer, invest and distribute trust property to beneficiaries. Alternatively, the trustee by way of the trust instrument accompanied by a legally non-binding letter or "Letter of Wishes" may give the trustee a wide discretion while at the same time giving guidance as to how both investment and distribution of trust property should be effected.

Note that although the trustee given a "letter of wishes" is not legally bound to follow the instruction, he would normally do so unless a change in circumstance led him to believe that following those wishes would have undesirable consequences for a particular beneficiary or beneficiaries.

The "Letter of Wishes" may be amended as often as required during the lifetime of the settlor to take into account any change in circumstances of either the settlor or the beneficiaries.

Should the client wish to guard against the excesses of a trustee he may wish to appoint a protector. The terms of the trust would require the protector's consent before certain decisions or functions can be carried by the trustee.

Offshore trusts offer great flexibility in a wide range of financial planning and strategy.

Bullet Poof Offshore Trusts
money_fold_airplane.jpg

It Is Hard To Lose Everything
homeless

Your Offshore Trust; Your Road To Success
money_businessm_4

Warm And Quiet Offshore
beach_umbrella_2.jpg

Offshore Trust; Peace Of Mind
guitar_night.jpg

Your Offshore Trust;
A Safety Deposit Box!

money_dollar_sign_L

Welcome To Freedom
beach_lovers

Offshore Secrecy, Privacy & Freedom
confidential_2

Sunny And Warm Offshore
beach_bikini.jpg

Results!
money_bags

Offshore Trust Companies Only US$575

line

Confused?

The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore company formation or registering of a bank or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes.

Petro Funds International has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to go offshore.

confused_1
The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can create an offshore business company under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs. line

We trust that we have clarified the intriguing world of Trust Formation And Asset Protection Programs In The Tax Haves. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services.

Please click here to inform us the full particulars of your situation and what you wish to accomplish. We will review your situation very carefully and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.

If you would like to obtain further details of the legislation surrounding the formation of an Offshore Assets Protection Trust In Your Favorite Jurisdiction or wish to discuss any matter in complete confidence, please click here to contact:
Mr. John Cooper Ph.D. Vice President
Petro Funds International Offshore Services

Help Almost Everywhere
help_mountain

Thank you for your interest and feel free to contact Petro Funds International Offshore Services if you believe the formation of an Offshore Trust Or An International Business Company In Your Favorite Jurisdiction may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL. e_mail_bird

Petro Funds International is in a position to assist new and established clients in opening personal and corporate offshore bank or trust accounts, denominated in almost every currency, in over 125 of offshore jurisdictions world-wide, including:
New Zealand, Australia, Chile, The Dominican Republic, Ireland, Argentina, Belize, Brazil, Spain, Italy, Costa Rica, Venezuela, Uruguay, Prague, Bodrum, The Spanish-Moroccan Tax Havens, The Madeira Tax Haven of Portugal, The Jamaican Free Trade Zones, The Dominican Republic Free Trade Zones, Campione D'Italia, Andorra, Poland, The Eastern Turkish Border and Tbilisi, Mozambique, Guatemala, The Virgin Islands, The Philippine Islands, and Anguilla are just some of the countries and places featured.

Line E-mail

flowerdog
The World Of Petro International

There is only one Petro International. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor.

money_dollar1

World-wide Financing Offshore Bank Formation International Business companies (IBC's)
Asset Protection Plan Mortgage & Commercial Real Estate Loans Oil & Gas Exploration Financing
World-Wide Business Loans World-Wide Corporate Financing Stocks, Bonds & Security Loans
24 Hours Currency Trading (FOREX) Offshore Trust Formation Programs Art Gallery Old Masters Paintings Sculptures
Mining and Exploration Financing Prestigious Diamonds World-Wide Equity Financing
Mezzanine & Earn-Out Loans Venture Capital Loans Currency Trading
Asset Based Financing Programs World-Wide Project Financing Asset Based Financing
Due Diligence Precious Metals World Wide Hotel, Motel And Resort Financing
World-Wide Agricultural Loans Industrial And Commercial Loans Commercial Real Estate Financing
Eurodollar Loans Energy and Water Projects Financing Venture Capital Funds World-Wide
Project And Equity Financing Gold Silver Platinum Palladium $5 Per Trade Casino Loans
International Loans Project Funding Asset Management
Commercial Loans Commission Free Currency Trading Selling Your Bank?
World-Wide Project & Business Financing Timber And Forestry Loans
Back to
Petro International
home_nice_writing

email_anim_nice