Mauritius offers a well-established legal framework for the creation and administration of trusts under the Trusts Act 2001. Trusts are highly effective vehicles for asset protection, estate planning, and succession management. Trusts in Mauritius can be set up for private or charitable purposes and can be revocable or irrevocable. Key features include trusts can elect to be tax-exempt if no Mauritius-sourced income, maximum duration of 99 years, trustees must be licensed entities, and no registration required unless holding immovable property in Mauritius. Trusts provide asset protection by shielding assets from creditors, legal claims, and political risks, while facilitating smooth transfer of wealth across generations with minimal probate issues.
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