EPG
Providing Trust Solutions to Non-U.S. Citizens - Empowering Global Financial Innovation
See The BenefitsProviding Trust Solutions to Non-U.S. Citizens - Empowering Global Financial Innovation
See The BenefitsEastern Point Global, LLC (EPG) provides a unique proprietary trust-based structure available only to non-United States citizens and non-United States residents via a Nevis International ExemptTrust (Nevis Trust).
EPG is an independent affiliate of Eastern Point Trust Company (EPTC), leveraging decades of trust-based solutions and cross-border experience and expertise.
EPG is a Limited Liability Company of the Nevis International Exempt Trust Ordinance – as amended in 2015 (Statute). The Statute permits EPG to serve as the "trustee" for Nevis Trusts.
The following is a summary of some, but certainly not all, of the benefits and features of an EPG Nevis Trust.
Nevis offers several attractive benefits for trust management, including no taxation on trust income. Additionally, there are no requirements for CRS reporting, taxations, customs fees, or stamp duties. Trusts in Nevis also enjoy the advantage of not needing to submit annual reports, undergo audits, or provide financial statements, making it a streamlined and cost-effective option for managing assets.
In Nevis, the legal framework for trusts offers considerable flexibility and protection. Notably, there is no forced heirship, allowing for an unchallengeable distribution of assets according to the settlor’s wishes. Spendthrift provisions are both valid and enforceable, providing robust safeguards against creditors. Additionally, self-settled trusts are recognized as valid, and the Statute of Elizabeth, which traditionally protects against fraudulent conveyances, does not apply.
The jurisdiction also features a short statute of limitations of just one year following the establishment of the trust, and a Nevis trust cannot be declared void. There is no rule against perpetuities, enabling trusts to last indefinitely. Trusts in Nevis can be consolidated or divided as needed, and legal investments can be made in any assets approved by the trustee. Furthermore, the role of a trust protector is permitted and can be based in any jurisdiction, adding an extra layer of flexibility and oversight.
When considering estate planning options, privacy is a key factor, ensuring that sensitive information remains confidential. Additionally, flexibility to change beneficiaries is crucial, allowing for adjustments in response to changing circumstances or preferences. Bearer beneficiary certificates can also play a role, offering a straightforward way to transfer assets while maintaining anonymity. Each of these elements contributes to a well-rounded approach to managing one's estate and ensuring that it aligns with personal needs and goals.
Eastern Point Global, LLC (EPG) operates exclusively outside of the United States (U.S.) and its services are not offered in the U.S. and no U.S. citizen, resident, or entity is eligible to utilize said services nor is any citizen, resident, or entity of St. Kitts or Nevis eligible to utilize said services.
EPG offers a variety of escrow, ministerial services, trust administration, and fiduciary services as they apply to the operation of a Nevis International Exempt Trust. EPG only offers fiduciary services in jurisdictions where EPG is authorized to provide such services and then pursuant solely to the terms of the associated governing documents. EPG may act in a ministerial non-fiduciary capacity as an escrow agent when applicable. Fees charged are exclusively for ministerial services, fiduciary services, or system licensing fees to access the technology-based systems. The content herein is provided as, and limited to, information and descriptions of the features and benefits of EPG’s services, products, and requirements when applicable. This document is for informational purposes only and is not an offer to sell, a solicitation, or an offer to buy any security. Nor is the content herein an offer to provide legal, fiduciary, or trust services. The information herein is not intended to be legal or investment advisory advice and should not be constructed as legal or investment advisory advice. EPG and its affiliated parties are not law firms, are not a lawyer referral service, and do not act as your attorney or investment advisor. EPG is not a substitute for the advice of an attorney or an investment advisor; as such, EPG does not provide any advice, explanation, opinion, or recommendation about possible legal rights, express any legal guidance on the matters contained herein, nor provide investment advice or management. As appropriate, seek the advice of an attorney if you have questions concerning legal questions, remedies, defenses, or options, or seek the advice of a licensed investment advisor related to trust holding(s) or investments. EPG and its affiliated companies are not broker-dealers and only forward your instructions to executing custodians/broker-dealers. No U.S. or St. Kitts/Nevis custodied assets are allowable. The information provided herein is not a contract or any representation or offer you should rely on. The terms of the applicable agreement shall supersede and have precedent over any information provided herein.