Trust and foundation formation & administration

We have a wealth of experience in establishing and managing private trusts

FCM Trust has a wealth of experience in establishing and managing private trusts, liaising with the settlor, beneficiaries and professional advisors to ensure that the trust is formed to meet our client’s specific requirements. We can offer our clients advice and guidance on forming their trust and specifically design a trust deed that expresses their wishes.

A foundation shares the characteristics of a trust in that it does not have shareholders but instead has a founder and beneficiaries. It also has its own legal personality and the ability to enter into contracts in its own right. A foundation is run, in accordance with its regulations, by a council as opposed to directors or trustees.

We work with our clients and their advisers to establish the foundation and to draft the appropriate rules. We can provide council members that will all be selected from our professionally qualified senior management team. We also act as registered agent and will provide administration and accountancy services that are tailored to meet our clients’ specific requirements.

Services include:

  • Help with initial practical considerations
  • Trustees and Foundation Council provision
  • Liaison with the client and their advisers or if requested introduction of professional advisers from the FCM panel
  • Attending to the formation of the Trust/Foundation in accordance with professional legal, structuring and tax advice
  • On-going liaison with professional advisers as required
  • Ensuring fiscal, statutory and legal affairs are up to date and complied with, in jurisdictions as required
  • Day to day book keeping and accounts preparation
  • Administration of the day to day activities
  • Annual compliance reviews