APIIP provides a basic offshore structure designed to give each client the very best in asset protection, international investment options, and financial secrecy. Through APIIP, IFG Trust, and its affiliations, clients can conduct online banking, investment, insurance, trust and corporate business all in a highly secure and confidential environment.

We present to you below three basic offshore structures for your consideration and review so that you can better understand what offshore strategy is.



The basic APIIP structure establishes a trust, which owns a 100% of the shares in an offshore International Business Corporation. The corporation, in turn, holds bank accounts, conducts investment activities and buys real estate and other property under the direction and supervision of the corporation's officers and directors. The client may be a beneficiary of the trust, as well as manager of the corporation. The Offshore financial structure can incorporate numerous offshore jurisdictions, each with strict secrecy legislation.

In this scenario, the client can maintain reasonable control over the corporate assets as a manager of the company. As a beneficiary to the trust, the client may receive distributions from the trust property, or income derived from the trust property, in the future. The beneficiaries of the trust, which may include the client, are protected by the protector's powers to ensure the terms of the trust are adhered to by the trustee and by the fact that the client may also be the managers of the corporate assets.

Remember, the effectiveness of an asset protection trust is contingent on that trust being maintained as discretionary, with the trustee having the ultimate final word with regard to the investment and maintenance of the trust property itself and the size, timing and destination of any future distributions made. Otherwise, the trust property may be declared as functionally in the control of the client and/or beneficiaries, and therefore set aside. If this occurs the properties of the trust may be accessible to third party claimants and may also cause serious negative tax consequences. Thus, the client should name multiple beneficiaries for the trust (giving wide discretion to the trustee) and IFG Trust will ensure that its trustees administers the trust in accordance with the terms of trust as established by the settlor.

 

In this scenario, the offshore corporation holds bank accounts, conducts investment activities and buys real estate and other property under the direction of the corporation's officers and directors which may be the client. This scenario has the Client as a corporate shareholder, as well as manager of the corporation. To enhance privacy, IFG Trust may act as a nominee shareholder.

 

In this scenario, the offshore trust holds bank accounts, conducts investment activities and buys real estate and other property under the supervision of the Trustee. The trust can be established with a third-party settlor and protector to enhance privacy and security. The client is a beneficiary of the trust.

Access to your Assets

As manager of the International Business Company, the client may have access to a corporate credit or debit card which can be used to pay for company related expenses. 

In addition the client may receive salary as an employee, director fees as a director, and dividends if he or she decides to be a shareholder of the International Business Company. The company can also send the client money. In essence the client can receive funds from the International Business Company just as he or she would from a domestic corporation.

As a beneficiary to the trust, the client may also stand to benefit from future income and capital distributions of the trust property that are derived from the trust property and the income earned by the trust property.