Utilising a Children’s Incentive Trust to provide for children without spoiling them

This trust is designed to provide for the maintenance and education of children – providing protection with added incentives. It is essentially an Asset Protection Trust combined with features of an Accumulation and Maintenance Trust. For more information, read the guide below or contact us directly to find out how we can assist you.

Benefits & Features of the Children's Incentive Trust

This trust is designed to provide protection and incentives your children at an early age. It will demonstrate your love for them without spoiling them.

This is an asset protection trust combined with the features of an accumulation and maintenance trust. This means that the assets transferred in this settlement will be for the benefit of the settlor’s children and remoter issue, and will be protected from creditors’ claims, judgments and divorce settlements. The assets which will be transferred into this trust can be anything, ranging from homes for the benefit of the heirs to life insurance policy on the life of the parent. The income arising from the trust assets can be accumulated and used for the maintenance of the beneficiaries.

The trust can be tailored to provide that the beneficiaries receive incentives upon achieving certain targets. For instance, the settlor may wish to provide that each child will receive a lump sum upon completing their tertiary education.

The income from the trust can be accumulated and the distribution of capital can be linked to the beneficiary attaining a certain target. Otherwise, the trust can be terminated upon the death of the settlor and divided into a similar sub-CIT for each beneficiary’s issue. The use of sub-trusts can allow the flexibility of wealth planning over several generations.

  • Parents who wish to provide for the maintenance and education of their children
  • Parents who wish to plan the future of their children should the worse happen and provide an incentive to achieve certain targets
  • Protects assets against creditor and divorce claims
  • Can help reduce the taxable estate of the settlor
  • Provides funds for educational opportunities
  • Provides funds for emergencies and opportunities, including first-home purchases and business start-ups
  • Incentive provisions, such as bonuses for excellence in academics and career, can be included
  • Permits wealth management over several generations

Only in resident state of beneficiaries.

How to proceed

We would welcome the opportunity to assist you with more information:

Contact us for a FREE consultation if you would like to discuss your requirements with one of our consultants in person.
Alternatively, complete our Online Questionnaire and a consultant will contact you directly.
For professional intermediaries and repeat orders, download the relevant Application Form and return by fax or email.

OCRA Worldwide announces strategic merger with Acclime

17th November 2022, Hong Kong - OCRA Worldwide (OCRA), announces today that it has completed the strategic merger with Asia Pacific’s premier corporate services provider Acclime ( This is the latest step in Acclime’s active expansion as the Asia specialist in compliance and corporate services throughout the region.

Established in 1975 and led by Bart Dekker and Dharmesh Naik, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting, and HR services. Over the past 40 years, OCRA has become a truly global business by providing very personalised services to their clients, most of whom are private investors or companies investing abroad.

From its founding base in Europe, OCRA has morphed over the past decade to focus on the faster growing markets of Asia and the Indian Ocean, and currently has teams in Hong Kong, Shanghai, Singapore, Mauritius and the Seychelles with around 80 staff. Additionally, OCRA is licensed in Samoa and the UAE to provide incorporation services to clients and referral partners.

"The high quality of the team, the interesting gateway jurisdictions of Mauritius and UAE which are important investment hubs for Africa and India, and the synergy of offering OCRA clients more services and Asian locations for expanding their business were the strategic logic for Acclime's interest in acquiring OCRA," said Martin Crawford, CEO and Co-Founder of Acclime. "We look forward to introducing OCRA’s corporate clients to our regional experts in China, Hong Kong, Australia, Cambodia, Indonesia, Malaysia, Thailand, India, Philippines, Singapore and Vietnam," he added.

The sale of the business was managed by the corporate advisory team of Mazars in London (Paul Joyce & Fred Dearden), acting for the ultimate shareholder of OCRA, and was opened for bids. "Acclime was chosen as the preferred bidder as the team recognised the cultural similarities, with high quality, personalised services at the core," said Bart Dekker, OCRA’s Managing Director, Asia Pacific. Dharmesh Naik, OCRA's Managing Director, Middle East and Indian Ocean, added, "We are excited and delighted to become an integral part of a large international team with the established resources across Acclime's network, and to execute the transaction in line with OCRA's long term succession plan in the interest of all of our stakeholders."

OCRA will operate as an independent business unit within Acclime, supported by funding, IT and marketing initiatives that will grow the business further. Bart Dekker and Dharmesh Naik will remain running the business post-acquisition.

The transaction is subjected to regulatory approvals in several locations and Acclime is expected to complete the acquisition by the end of 2022.

About OCRA
Established in 1975, OCRA is one of the industry pioneers in the corporate services sector with a full suite of corporate services from company formation, company secretarial support, accounting and HR services. For over 40 years, OCRA has been providing personalised services to its clients, most of whom are private investors or companies investing abroad.

About Acclime
Acclime, the premier corporate services provider in Asia, helps corporate and private clients to advance their businesses and interests in difficult-to-navigate markets in emerging Asia. The company’s vision is to reinvent the corporate services sector with innovative solutions that are seamlessly delivered to the highest global standards.