There are various types of trusts to be established; purpose trusts, charitable trusts which includes the unique 'advancement of human rights and fundamental freedom; spendthrift or protective trusts and the Labuan Special Trust. The Trust may be registered with Labuan FSA.
We may also act as Trustee for the Private Fund Structure via Labuan SPV, Trustee for Issuance of Bond or Sukuk, etc.
A trustee carries the fiduciary responsibility and liability to use the trust assets according to the provisions of the trust instrument.
The most important aspect of a trustee's duties is its fiduciary character. A trustee is legally and morally bound to manage the trust property in a responsible and productive manner, and is under an absolute obligation to act solely for the benefit of the trust's beneficiaries. Trustee duties, in general, include inter alia:
We may also act as Trustee for the Private Fund Structure via Labuan SPV, Trustee for Issuance of Bond or Sukuk, etc.
A trustee carries the fiduciary responsibility and liability to use the trust assets according to the provisions of the trust instrument.
The most important aspect of a trustee's duties is its fiduciary character. A trustee is legally and morally bound to manage the trust property in a responsible and productive manner, and is under an absolute obligation to act solely for the benefit of the trust's beneficiaries. Trustee duties, in general, include inter alia:
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