Personalized Estate Planning in Cyprus to Safeguard Your Legacy
Secure and manage your assets effectively with professional trust services in Cyprus. Evidentrust offers personalized solutions for establishing and administering trusts, helping you protect your wealth and plan for the future. Our expertise ensures compliance with local regulations while providing flexibility to meet your estate and financial goals.
Evidentrust Financial Services Ltd
Trusted Accountants in Cyprus
Accounting – Audit – Tax- Advisory
What Are Trust Services in Cyprus?
Trust services in Cyprus provide a structured and legally recognized way to manage, protect, and transfer assets. A trust is an arrangement where a person or entity (the trustee) holds and manages assets on behalf of beneficiaries, according to the terms set by the settler (the person creating the trust).
Cyprus offers a modern and flexible legal framework for trusts, making it an attractive jurisdiction for both individuals and businesses. Trusts in Cyprus can be used for a variety of purposes, including:
- Wealth protection – safeguarding assets from potential risks or claims.
- Succession planning – ensuring smooth transfer of wealth to future generations.
- Tax planning – optimizing tax obligations within a compliant structure.
- Charitable purposes – managing donations or philanthropic endeavors efficiently.
With expert trust services in Cyprus, Evidentrust assists clients in establishing, managing, and maintaining trusts tailored to their specific goals. This ensures that assets are handled professionally, legally compliant, and in line with the settlor’s intentions.
Comprehensive Solutions for Your Estate and Wealth
Evidentrust offers a comprehensive range of professional services to help individuals and families manage their estates efficiently while minimizing tax liabilities. Our expertise ensures that clients benefit from strategic solutions tailored to their unique goals.
Types of Trusts Offered
Evidentrust provides a range of professional trust services designed to meet diverse financial and estate planning needs. Our expertise ensures that each trust is tailored to achieve goals such as succession planning in Cyprus and wealth protection in Cyprus.
- Family Trusts – Family trusts are established to manage and preserve family wealth across generations. They play a crucial role in succession planning in Cyprus, allowing seamless transfer of assets to beneficiaries while maintaining control and protection over family wealth.
- Charitable Trusts – Charitable trusts enable individuals and families to support philanthropic causes in a structured manner. These trusts help manage donations efficiently while ensuring compliance with legal and regulatory requirements in Cyprus.
- Corporate Trusts – Corporate trusts are used by businesses for holding and managing company assets, employee benefit schemes, or investment vehicles. They provide both legal protection and structured management, supporting long-term corporate objectives.
- Investment Trusts – Investment trusts allow individuals or groups to pool resources for collective investment purposes. They offer professional asset management while providing wealth protection in Cyprus, minimizing risks and optimizing returns.
With Evidentrust, clients receive personalized guidance in selecting and managing the right type of trust. Our services ensure that every trust is legally compliant, strategically structured, and aligned with your goals for succession planning in Cyprus and wealth protection in Cyprus.
Our Estate Planning Process
With Evidentrust, navigating estate planning is simple and stress-free. Our Cyprus estate advisory services ensure your assets are managed wisely and your legacy is secured.
Step 1: Understanding Your Needs
We start by reviewing your assets, family situation, and long-term objectives. This helps us create a personalized plan that aligns with your goals.
Step 2: Customized Planning & Setup
Our team develops a tailored estate strategy, which may include setting up trusts, drafting wills, and optimizing your plan for tax efficiency, leveraging our advisory services.
Step 3: Continuous Monitoring & Support
Evidentrust provides ongoing management and updates to your estate plan. We ensure compliance with local laws, adjust strategies as needed, and protect your wealth for the future.
Why Choose Evidentrust?
Planning your estate and protecting your family’s wealth requires expert guidance and trusted advisors. Evidentrust offers comprehensive Cyprus estate advisory services that help you structure your assets efficiently, minimize risks, and ensure compliance with local laws.
Our team specializes in inheritance tax planning in Cyprus, providing strategies to preserve your wealth and pass it on to future generations in the most tax-efficient manner. From drafting wills and establishing trusts to managing complex estate matters, Evidentrust ensures your legacy is safeguarded.
With Evidentrust, you benefit from personalized solutions, professional expertise, and ongoing support, making the process of estate planning seamless, secure, and aligned with your long-term goals.
Our Memberships
Frequently Asked Questions
Do I need a will in Cyprus?
Yes, having a will in Cyprus is crucial. Without a valid will, your estate may be distributed according to statutory rules, which might not align with your wishes. A properly executed will ensures your assets are allocated as intended.
Is there inheritance tax in Cyprus?
No, Cyprus does not impose inheritance tax. However, if you are domiciled in another country, you may be subject to inheritance tax in that jurisdiction. It's essential to consult with a professional to understand your specific tax obligations.
What is forced heirship in Cyprus?
Cyprus law mandates that a portion of your estate must go to certain family members, such as children and spouses, regardless of your will's provisions. This is known as forced heirship and ensures that these heirs receive a statutory share of your estate.
How does probate work in Cyprus?
Probate is the legal process of validating a will and distributing the deceased's estate. In Cyprus, this process involves applying to the court for a grant of probate, which authorizes the executor to manage and distribute the estate according to the will.
Can I include my pets in my estate plan?
Yes, in Cyprus, you can make provisions in your will to care for your pets after your death. This may include appointing a guardian and allocating funds for their care.
What is a Cyprus International Trust?
A Cyprus International Trust is a legal arrangement that allows you to transfer assets to a trustee, who manages them on behalf of beneficiaries. This trust offers benefits like asset protection and tax efficiency, making it a valuable tool in estate planning.
How can I ensure my estate plan is legally valid in Cyprus?
To ensure your estate plan is legally valid in Cyprus, work with a qualified professional to draft your will and establish any necessary trusts. Proper execution, including witnessing and notarization where required, is essential to uphold your wishes.
Can I choose the law governing my estate plan?
Yes, under EU regulations, you can choose the law of your nationality to govern your estate plan, even if you reside in Cyprus. This choice must be explicitly stated in your will to be effective.
How can Evidentrust assist with estate planning in Cyprus?
Evidentrust offers comprehensive estate planning services in Cyprus, including will drafting, trust establishment, and tax planning. Our experts provide personalized advice to ensure your estate plan aligns with your goals and complies with local laws.
