An Ultra High Net Worth Individual approached Abacus to obtain assistance in establishing his worldwide business and personal assets, consolidating these into one umbrella structure in the form of a Private Trust Company and subsequently providing a family office facility.

These worldwide business and personal assets included financial assets; residential and commercial property; private and operating companies; single line stock; yachts and private jets; art and antiques and intellectual property.

This project involved undertaking a detailed review of the client’s global business and personal assets, identifying and reporting back to the client on relevant issues and advising on the efficient structuring of the Private Trust Company including consolidation of existing entities and assets.  

Private Trust Company Structures are becoming an increasingly popular structuring solution for those clients who are hesitant to cede complete control over their assets by settling them on a conventional trust but still wish to hold their assets via a trust structure.  This is particularly prevalent in civil law jurisdictions where trusts are not widely recognised and the concept of relinquishing control over family assets may be alien.  We have assisted a number of high net worth individuals globally, in regions such as the Middle East and Asia, structure their worldwide business and personal assets via the use of Private Trust Company Structures.  

In relation to the ongoing administration and management of the structure we have established and continue to administer the associated family office facility tailored to the individual’s needs encompassing the multi-asset classes and jurisdictions.  Our team of highly qualified and experienced financial services professionals integrate with the family’s chosen network of tax, legal, accounting and investment advisors to build a highly effective administrative platform for the family’s affairs.