LYD Strategy Solution

07 June 2022 - Crypto Currency Discretionary Trusts

LYD Strategy Solution

There are a lot of clients who are investing directly into crypto-currency. Unfortunately this creates a tax, asset protection and potential regulatory problem. The reason is that over 95% of coin and crypto exchanges do not recognise trusts.
Abbott & Mourly Lawyers have come to the party with a special purpose Crypto discretionary trust that has numerous features and add ons from a traditional discretionary trust as well as covering the issue of non-recognition by coin exchanges.
One hour of CPD for FASEA, TPB and SAPEPAA.
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