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Offshore Trust - Fiduciary

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Fiduciary

1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his/her own profits.

2. A loan made on trust rather than against some security or asset. Children or elderly people are typical candidates for a fiduciary.

If you need additional information on how to set up a Fiduciary, please Contact Us.
 

 

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