A passion to perform. Fiduciary Solutions

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1 A passion to perform Fiduciary Solutions

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3 Opportunities multiply as they are seized. Sun Tzu (6th century BC) Chinese General, Military Strategist

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5 Your wealth Managing your wealth presents serious issues and responsibilities, whether recently generated from your entrepreneurial or professional efforts, or family inherited. Whatever your circumstances you will have a list of personal and financial goals you want to achieve. And, of course, you will be seeking a strong financial partner with the depth of experience and international coverage to assist you now and with future generations. Deutsche Bank has been helping families protect and enhance their wealth for decades. We are one of the world s strongest financial institutions, with a wealth of knowledge to service the most demanding family needs. Our years of hands-on experience working with wealthy families is what makes us a leader in the provision of fiduciary solutions. We understand the needs of our clients who often have beneficiaries living on different continents, in different time zones, and in vastly different political, cultural and tax environments. Our Fiduciary Services Division has offices in Guernsey, Mauritius, Switzerland, Singapore and the Cayman Islands, serving clients from around the globe. Deutsche Bank also has a corporate trust division, with offices in Delaware, Jersey, the Netherlands, the Republic of Ireland and Luxembourg. Our clients have trusted us to manage their family trust and other structures over many years. We understand the many issues which can arise over time, and how crucial it is to have the continuity of a responsible trustee and administrator to protect the interests of the family. 5

6 There are many reasons wealthy families seek fiduciary solutions. The most common include: Confidentiality and asset protection Orderly succession planning Protection against political uncertainty Pre-immigration planning Probate relief Flexible heirship planning Separation of personal and business assets Discrete inheritance planning for complex families Providing financial security to dependents Philanthropy Optimizing fiscal planning Properly planned fiduciary structures can be used to help achieve these objectives, and enable you to have more freedom and control over where and how your assets are passed down to the next and future generations. For each and every situation in your personal or business life you ll be faced with a number of challenges, and you will need to consider the best options available. At some stage you must make decisions - the right decisions - and take the best course of action to help protect your assets and the welfare of those you care for. 6

7 Your financial circumstances will likely drive the need for complex financial planning and advice, which will change over time. Family situations evolve, economic circumstances change and regulations and laws may vary over time. Our support and guidance could be vital in preserving your assets for both you and your beneficiaries. Our fiduciary solutions can help you fulfil your financial objectives, lifetime ambitions and provide you and your family with genuine peace of mind. 7

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9 Our holistic solutions Our passion to perform, knowledge and wealth of talent enable us to provide innovative holistic solutions, combined with the ability to select the most appropriate course of action best suited to your personal circumstances. We offer a highly disciplined and integrated approach to the management of your wealth. This could include an evaluation by a Deutsche Bank Wealth Planner of your current financial position, priorities and objectives, and future financial planning needs. To help us understand your present situation and goals, with your approval, we can also work closely with your legal and tax advisors. We offer complete solutions, based on thorough analysis, and our recommendations are designed to generate the very best results for you. 9

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11 Your relationship team The focal point of our wealth management service is your Relationship Manager, part of a carefully chosen, highly qualified and experienced team of financial professionals. Our Relationship Managers are located across our vast network of Deutsche Bank offices. Each is drawn from a range of professional backgrounds, and has a knowledge of global economic and investment issues, backed by specialists in consumer banking, credit solutions, insurance and investment banking. To support the strategic financial planning needs of our clients, our Relationship Managers are able to draw on the expertise of our Wealth Planners and Fiduciary Solutions specialists. Our Relationship Managers endorse a single team approach to produce a holistic solution. Ideas and best practices are shared, and by working together we strive to exceed client expectations. Your Relationship Manager will be the principal point of contact providing you with our guidance and expertise. He or she will focus on developing a long-lasting partnership with you based on mutual trust and understanding. And they can work with you in a style that you prefer. They travel frequently, and may meet with you at a convenient place of your choice. Alternatively, you may prefer to deal by phone, fax or and meet less frequently. Above all, our Relationship Managers are knowledgeable and flexible. You can be assured that you will receive a confidential, unbiased and trustworthy service. 11

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13 Our fiduciary solutions The international presence of our Fiduciary Services Division enables us to provide you with invaluable local and regional knowledge, a choice of jurisdictions from which to establish your key relationship and structure, and location where your assets are to be legally held and administered. Our relationship and administrative teams are always available to respond to, and assist clients with the day-to-day running of their finances. We have a reputation for providing high standards of courtesy, discretion and professional service. It is our innovative approach to financial problem-solving that draws clients to use our services. And our broad range of services available from numerous reputable financial centres provide you with wide choices to fulfil your objectives. Our choice of services include the creation, management and administration of the following structures: Trusts Companies Foundations General and limited partnerships Customized structures (e.g. private trust companies) Escrow arrangements 13

14 Fiduciary structures With the involvement of your lawyer or accountant, our Fiduciary Services Division will tailor an appropriate structure to meet your precise needs. Trusts The trust concept has evolved under common law over the centuries, and is today one of the most flexible, secure financial structures available to protect wealth. A trust is a legally enforceable obligation which comes into existence when a person (the Settlor ) transfers assets to another person (the Trustee ) who undertakes to hold and administer those assets for the benefit of a person or persons (the Beneficiaries ). The settlor can also be a beneficiary. As a trust is created with a long term horizon it is important that the choice of trustee be carefully considered in relation to the security of the assets. In determining the terms of the trust your trustee may be guided by your wishes, often expressed in a Letter of Wishes, to ensure that the trust meets your personal objectives over time. The location of the trustees and the trust jurisdiction is of great importance in the planning of the trust. Our Fiduciary Services Division has established trust companies in a number of well regulated jurisdictions to assist in providing the optimum personalized structures. Companies Companies may be formed by the trustees of a trust or by a foundation, as an underlying asset holding vehicle. Or they can be set up to operate as stand-alone structures to own assets (e.g. investment portfolios) and earn income streams (i.e. royalties) on behalf of the ultimate beneficial owner. Our Fiduciary Services Division is able to form and administer companies under the laws of a number of jurisdictions - the choice of the jurisdiction depending upon the objectives for which the company is formed, and the fiscal considerations. In our role as company directors and officers, we are able to deal with all aspects of corporate governance. 14

15 Foundations The foundation is a civil law legal entity, and is commonly used by persons based in civil law jurisdictions. The administration of a foundation is governed by the foundation statutes and by-laws. Assets are donated to the foundation, the governing body of which is the foundation board who will administer the foundation assets for the benefit of its beneficiaries. General & Limited Partnerships Two types of partnerships are offered by us: a General Partnership and a Limited Partnership. These partnerships are intended to be used in conjunction with trusts and companies as asset holding vehicles. General Partnerships enable all partners to participate in the day-to-day management, and are jointly and severally liable for any liabilities. A Limited Partnership is similar to a General Partnership, but a Limited Partnership has one general partner with unlimited liability, and one or more limited partners who cannot participate in the management and control of the partnership s business and who (generally) have limited liability in respect of the debts and obligations of the partnership. We are also able to provide structures to help clients with their personal retirement and employment planning, as well as other services (such as Escrow). 15

16 Our superior support services Our Fiduciary Services Division offers a personalized service and gives you access to some of the world s best fiduciary services specialists, and outside professional advisors. As a client, you would enjoy and benefit from a number of other support services including: Personal attention from your Relationship Manager, Wealth Planner and Fiduciary Services team Confidential access to the global network of Deutsche Bank s Private Wealth Management - Private Client, Banking, and Investment Management specialists Invitations to exclusive briefings for you and members of your family ranging from global economic issues to the transferring of wealth from one generation to the next Quality administrative support together with comprehensive, regular reporting and documentation Regular reviews to discuss and explore your current and future financial needs and arrangements We can also offer access to other specialists within the wider Deutsche Bank Group of companies. Your Relationship Manager would be pleased to help and arrange personal introductions for you. 16

17 About us Deutsche Bank was founded in Berlin in 1870 to transact banking business of all kinds, in particular to promote and facilitate trade relations between Germany, other European countries and overseas markets. Today, Deutsche Bank is one of the world s largest financial institutions, with over 73,000 employees, serving our clients in 75 countries with 1,747 billion euros in total balance sheet assets.* The Bank competes to be a leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people. Deutsche Bank is rated as a first-class bank by leading, independent rating agencies: Moody s Investors Services New York (Aa1), Standard & Poor s New York (AA-) and Fitch Ratings, New York (AA-).** Our Fiduciary Services Division was established in 1972, and we have over thirty-five years experience in the formation and administration of fiduciary structures and the provision of innovative financial solutions designed to meet the needs of clients. We are a multi-jurisdictional trust business, with a presence in leading financial centres - including Guernsey, Mauritius, Switzerland, Singapore and the Cayman Islands. All were chosen for their economic and political stability, geographic timezone and excellent infrastructure to meet the ever changing needs of our clients. * As at March 31, 2007 ** Long-term ratings of Deutsche Bank are Standard & Poor s New York (AA-) as at September 2006, Fitch Ratings, New York (AA-) and Moody s Investor Services New York (Aa1) as at May

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19 Your invitation If you would like to find out how we can help you with your financial planning to protect your personal, family and business wealth please contact one of our Relationship Managers to arrange an exploratory meeting, or to find out more about our fiduciary solutions, please visit our website 19

20 Important information This brochure is issued by Deutsche Bank International Trust Co. Limited, a member of the Deutsche Bank Offshore group. This brochure is not and should not be construed as an offer to sell any investment, instrument or service. This brochure does not constitute the solicitation of an offer to purchase or subscribe for any investment, instrument or service in any jurisdiction where, or from any person in respect of whom, such a solicitation is unlawful. Whilst due care has been taken in the preparation of this brochure, the information contained within neither constitutes nor forms the basis of any contract and no liability is accepted for the completeness or accuracy of the information. Any statements in this document as to taxation, legislation and/or regulatory controls are, to the best of our knowledge and belief, in accordance with current legislation and practice. This brochure has been prepared without consideration of the investment needs, objectives or financial circumstances of any client. Before making any decision, a client should obtain such financial, legal or tax advice from the client s professional advisors as appropriate. Deutsche Bank International Trust Co. Limited and the Deutsche Bank Offshore group maintain the highest possible professional standards in their dealings with clients and comply with, and expect clients to comply with, all relevant laws including those relating to money laundering. Deutsche Bank International Trust Co. Limited is licensed by the Guernsey Financial Services Commission to conduct Fiduciary Business. Deutsche Bank International Trust Co. (Cayman) Limited is regulated by the Cayman Islands Monetary Authority. Deutsche Fiduciary Services (Suisse) SA is regulated by the Swiss Money Laundering Control Authority. DB International Trust (Singapore) Limited is regulated by the Monetary Authority of Singapore. Registered in Singapore Co. No W. Registered Office: One Raffles Quay, #17-10, Singapore , Singapore. Deutsche International Trust Corporation (Mauritius) Limited is licensed by the Mauritius Financial Services Commission. DB/FSD/