So what's the downside?

Important questions to ask before establishing a trust.

Thousands of trusts have been settled by clients of private banks in Asia during the past 10 years. There is nothing like market uncertainty, a low interest rate environment, political instability, and even, war, to focus the minds of investors on protecting their assets.

But thousands of new trusts have also brought significant change. Trust-related litigation is growing fast. New decisions continue to flow from international courts. And governments and tax authorities continue to restrict benefits...

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