Expat Health Club

Trust Information

The Trust

The trust is the International Medical Fund Trust, domiciled in the British Virgin Islands.

The Trustee

The trustee is IMF Trustees 2019 Ltd company number 12171152 based in the United Kingdom

  1. What is a Trust?
    A legal Relationship established for the benefit of certain persons “The beneficiaries.

  1. What is a Trustee?
    A Trustee maybe:
  1. A natural person/ individual
  2. A company licensed to operate a Trust.

  1. Who are the Trust Members?
    1. The natural person/ individual who setup the trust “Settlor” can be also a Beneficiary
    2. All legal entities named as a beneficiary of the trust are members of the trust.

  2. Trust powers:
    1. A Trust has the:

      Power to insure

      20.
      (1) A trustee may insure against loss or damage by fire any buildings or other insurable property to any amount, including the amount of any insurance already on foot, not exceeding the value of the building or property, and pay the premiums for such insurance out of the income thereof or out of the income of any other property subject to the same trusts without obtaining the consent of any person who may be entitled wholly or partly to such income.

      (2) This section does not apply to any building or property which a trustee is bound forthwith to convey absolutely to any beneficiary upon being requested to do so

    1. Due to your becoming a beneficiary and your Trust has a vested interest in you the beneficiary. This trust will buy insurance on you.