Bank of the Bahamas Trust and the Family Guardian insurance company have established a partnership, enabling the trust company to offer its future benefits trust products to Family Guardian policyholders.
Tanya Wright, BBT’s Manager, says *”When assets are held in a trust instead of becoming part of a person’s estate, they are transferred smoothly, efficiently, confidentially, and with minimum delay to the beneficiary”.* BBT provides personal trust products designed specifically for the Bahamian market, and therefore tailored to suit Bahamian investment habits and preferences.
The two companies recently hosted a workshop to highlight the advantages of asset protection and preservation through trusts.