Advisers should go global as rich look offshore

A total of 32 trust and estate practitioners were interviewed between March and June about their predictions for the industry over the next 12 to 18 months by The Society of Trust and Estate Practioners' (STEP). Its Offshore Evolution: Transparency and Solutions in Cross Border Wealth Structuring report found advisers and trustees who master global and integrated tax advice will thrive in a new environment where wealthy families are looking to manage their assets internationally. The end of banking secrecy in some countries will force families to seek out advisers and trustees who can...