One of NTL Trust’s key offerings is our offshore family office service: a team of our most experienced lawyers and consultants who act as the gateway into both the NTL Trust network and those of our trusted partners. At NTL Trust we listen, we analyze, we recommend, and we execute. This is not something we do just one time – in an ever changing world, managing family business and patrimony is a continuous process
Banking & Custodial Partners
NTL Trust, working with its banking and custodial partners, offers access to nearly all financial products that traditional financial markets can offer – as well as a few they don’t, since we have a distinct focus on hard assets such as real estate and precious metals. However, we don’t seek to distinguish ourselves by our products, but rather by our way of thinking.
At NTL Trust nothing is standard - everything is bespoke.
Many of our clients have never had a family office before, but are surprised to learn how easy and relatively inexpensive it can be to set one up, and how much additional security it can offer to their families.
The Legal Basis
Typically the legal basis of our relationship will be a trust or a private interest foundation deed. Within this document we can establish the basis of a confidential international succession and inheritance planning strategy, as well as strong offshore asset protection.
It’s worth considering that today a family office can be run from anywhere, without the need to deal with high staff costs, office expenses and excessive taxation in traditional jurisdictions. Additionally, where families have obtained citizenship in the Caribbean or are planning to do so, it makes more sense in all respects to run the family office from a neutral jurisdiction in the Caribbean.
Family Business Management
Family business is the cornerstone of family wealth. A family business can be owned by the trust or foundation, or can be owned by a third party and then operated under contract for the benefit of the family. Family members can still operate the business, whilst outsourcing the ownership and responsibilities that come with it to professionals.
We offer a bespoke service to manage family businesses or certain aspects of them: for example, by providing facilities management, banking and offshore mind-and-management in the Caribbean for a business that is staffed by digital nomads. Today’s remote working allows real, active trading businesses, not just passive holding companies, to be managed from offshore.
Multi-Family Office
The Multi-Family Office concept provides an entry level for successful individuals who may not need a full time family office, but can benefit from having a team of professionals watching over the finances while they are busy growing their wealth. Typical services include managing multi-national real estate portfolios, private bank accounts, credit cards, and travel, including the necessary compliance, insurance and accounting tasks.