Seychelles International Trust
What is the duration of a Seychelles International Trust?
Seychelles International Trusts are permitted to exist for a maximum term of 100 years from the date of their creation. Upon reaching 100 years, the trust will automatically terminate. Termination results in a final distribution of the remaining trust assets to any remaining beneficiaries, or, if the trust deed provides alternative terms of trust termination, then termination will occur according to those. Termination of the trust may occur earlier than 100 years from the creation of the trust, should the terms of the Trust Deed provide so.
The 100 year maximum duration does not apply to charitable, or purpose trusts, which may have an indefinite duration.