Company
Feb 8, 2022
Table of Contents
-Title
Five reasons to create a trust account with UTGL

Key Takeaways
Consolidate diverse global assets within one secure and private trust structure.
Access Hong Kong, offshore, payment and card services.
Manage beneficiary spending, global bills and asset allocation through one platform.
Over 100 professionals support efficient onboarding, compliance and ongoing trust administration.
You are planning to set up a trust?You have already read a lot of articles about trust?You are comparing which trust company is the best for you?
You might find the answer here.

UTGL team consists of trust specialists, lawyers, accountants, software developers, compliance professionals and customer services. UTGL is supported by a team of over 100 professional staff.
To demonstrate our professionalism, from conducting thorough due diligence by our compliance team to providing full support to your enquiry on asset injection, we devote our time and effort to serve you in a timely manner.
Succession planning, asset protection, and saving probate costs are the general benefits that you probably have studied from other articles for having a trust. On top of these benefits from traditional trust structures, UTGL provides you more and better than that.

2.1 Asset administration under an all-in-one trust account
Setting up a trust with UTGL comes with a trust of our outstanding Trust Platform. Your trust enables you to consolidate various types of your global assets. For example, fiat cash in different currencies, bullion, insurance policies, stocks, private company shares, properties, vehicles and luxury goods. Consolidating your global assets under a secure and private trust account provides a comprehensive and organised structure for asset protection and succession planning.
2.2 Hong Kong and offshore accounts are ready
While considering where you should safekeep your trust funds (Hong Kong or offshore), UTGL will answer you ‘why not both?’ Once you set up your trust, you can decide whether all or part of your trust fund will stay in the Hong Kong account or the offshore accounts. 24/7 to change your mind by just a click on the trust platform. Opening a bank account is a time-consuming process but everything becomes simpler and easier at UTGL.
2.3 Global connectivity to grow your trust assets
You might worry that the values of your assets will depreciate while being safekept in the trust, you can either instruct us to employ a manager to manage your portfolio or provide allocation instructions for assets within your trust. UTGL trust platform connects you with more than 50 licensed and regulated securities firms worldwide, enabling you to onboard directly with your chosen firm and access its services.
2.4 Unlock your trust assets — UTGL Asset Link Credit Card
UTGL provides credit cards for beneficiaries to spend their monthly living expenses distributed by the trustee with privacy protection. Apart from high level of privacy, UTGL Asset Link Credit Card has no credit limit*, no minimum repayment and no repayment cycle. You can swipe for a Ferrari in one go and repay any amount anytime. To make repayments, you can easily press a button on the UTGL platform to instruct us to do that for you or simply turn on the AutoPay function to avoid incurring daily interest.
UTGL also allows you to apply for up to five supplementary cards for your beloved family and trusted friends. Supplementary cards let you share the benefits and convenience of your UTGL Asset Link Credit Card with your family and friends. With just one trust account, your family members or friends can enjoy the suite of exclusive benefits and privileges. Plus, you can monitor all transactions in real time, control supplementary card holder’s daily or monthly spending with flexible spending limit settings and repay all cards at once on the UTGL platform. The supplementary card feature is especially great for big families and parents who have children studying abroad. Most importantly, all these arrangements are highly confidential without any third party knowing.
It is the most special and prestigious card that you will ever have out of UTGL.
*Asset link credit limit is automatically derived from the market value of eligible trust assets.
2.5 You deserve the best trust service — Global bill payment
Most trustees are only responsible for distributing assets to your designated beneficiaries. UTGL thinks a step further for you. We take care of your daily life thoroughly. Any local and overseas monthly electricity bills, water bills, rent, tuition fees or more, you can upload the invoice and schedule bill payments in different currencies on the UTGL platform simply by a few clicks. Per your instruction, we can also buy luxurious cars, handbags, properties, antiques, jewelry, a piece of land and more on behalf of your trust. Your time is precious and UTGL does more than other trustees to save your time and hassle.
Technology is the future. Unlike those other trust companies which might just give you a stack of paper documents which only safekeep your assets, our in-house tech engineers have built an innovative Trust Platform that you can do more than a bank could do.

Here I will tell you three important facts about why a trust is surpassing a bank account.
First, Trustee has no right to freeze the assets in clients’ trust accounts according to the common law while banks have the right to freeze the client’s assets for different reasons.
Second, Trust accounts accept not only cash but also precious metals, private company shares, stocks, and overseas properties etc. Bank accounts mainly accept cash only and less likely welcome a large amount of cash which may cause some inconvenience.
Third, a properly structured trust can support cross-border asset holding, global asset allocation, and international payment arrangements, depending on the trust terms and the service providers involved. A local bank account may provide a more limited range of services, requiring clients to establish separate offshore, custody, or brokerage accounts for additional needs. This may increase the time, coordination, and costs involved, while the available asset options may be limited to those offered by the selected institution.
Let’s embrace the technology future and an innovative trust account which may possibly bring you more than you thought!

With the help of technology (UTGL Trust Platform) and 100 professional employees across the globe, you can open a trust account online easily. Every smooth application is generally processed within 3 days to set up a trust, whereas other traditional trust companies take at least a month. We value work efficiency and put our customer’s interest as our top priority. Our customer service is available to you anytime you need a solution.

Continuing the benefits of what technology brings, UTGL charges are far friendlier than traditional trust companies. Trust is common in the US and other developed countries where most of the middle class could afford it. UTGL also aims at bringing trust services to everyone who cares about their assets, privacy and their next generation.


