Trusts Specialist Edward Stone Presented at The Transcontinental Trusts Conference in Geneva

Trust specialist, Edward Stone, ran a breakfast briefing on Private Trust Foundations at the Transcontinental Trust conference in Geneva last week.

Mr Stone, a consultant at Channel Islands law firm Collas Crill, presented at the event on Thursday 20 June on how foundations can be used to simplify private trust company structures.

The Transcontinental Trusts conference brought together over 25 key jurisdictions, now in its 28th year it is the oldest trust event in Europe. This year's conference focused on key themes including the current issues facing trusts and trustees, particularly information exchange, and how trusts remain practical structures for clients across the world, whether from developed or developing countries.

Mr Stone said "The Transcontinental Trusts conference, with its wide mix of delegates drawn from across the globe, is the ideal forum to discuss using a foundation as trustee of a trust - as it combines elements which are familiar to clients, as well as their advisors, from both common and civil law jurisdictions. It can also simplify the private trust company structure and so will be an attractive alternative to the common model of a private trust company owned by a purpose trust."

Edward Stone joined Collas Crill as a senior member of its fiduciary team in February 2012, bringing considerable experience in advising on offshore trust law and the establishment of bespoke trust solutions.