Crypto Confidence 
Starts Here: 
Trust Solutions for 
Your Digital Wealth

Experience a revolutionary approach to crypto custody with licensed individual trusts, combining trading speed, security, and seamless digital inheritance, with 
The First Licensed Trust Management Platform for Crypto

Sign In Get Started

Get Started in 
Four Simple Steps

Easily Open Your Trust with HoverTrusts and Let a Licensed Trust Company Manage Your Crypto Assets

Step 1

Create an 
Account

Get Started by opening a HoverTrust account. It's easy and free

Step 2

Deposit 
Assets

Safely deposit the crypto of your choice to fund your Trust.

Step 3

Access Global Digital Assests

HoverTrusts leverages top global exchanges to maximize its clients' digital assets.

Step 4

Add & Withdraw Safely

Add more assets or request distributions of assets at any time. 

Meet Our Team

Meet our visionary team at HoverTrusts. From blockchain regulatory experts to international finance professionals and Anti-Money Laundering specialists, we bring together a diverse group of individuals dedicated to our mission.

J. Alex Richardson
Managing DIRECTOR

J. Alex Richardson, Managing Partner of Alex Richardson & Associates since 2005, boasts extensive legal experience. Beginning as Crown Counsel in Anguilla in 1992, he has held various roles in financial regulation, corporate law, and litigation. With a Master of Laws from King’s College, he's served in leadership positions in legal associations and is Managing Director of Paragon Corporate Services Ltd. His diverse expertise spans local and international clientele.

Steve Garlick
Operations director

Steve Garlick brings over 30 years of expertise in international financial and legal business, excelling in communication, marketing, and team leadership. His achievements include managing large teams, developing international communication strategies, and contributing to start-ups. As a Chartered Institute of Marketing member, he's adept in business development across various regions. Notably, he's been instrumental in global jurisdictional reviews, maintaining communication with regulatory bodies, and crafting policy documents for the Government of Anguilla.

Ravi Bahadursingh 
Legal Counsel

Ravi is the principal of the law firm of Chancery Lane Chambers in Anguilla, British West Indies. He is a graduate of Trinity College Dublin (Ireland) and holds an LLM in International Economic Law from Warwick University (England). Ravi has helped launch several blockchain projects over the years.

Migle Virbalaite
Head of Trust Operations

Migle is an accomplished international finance professional with 14 years of expertise in the trust services industry. Holding an LLB, LLM, and STEP qualification as a Trust and Estate Practitioner (TEP), she is also an ACAMS-certified AML specialist. Migle excels in trust management, business operations, and AML/CFT compliance, bringing a wealth of knowledge and a strong commitment to excellence in trust company operations.

faq

Unlocking the Secrets of Trusts: Your Top Questions Answered!

What is a Trust?

A trust is a legal arrangement where a person, known as a grantor or settlor, transfers assets to a qualified third party, who in turn holds and manages such assets on behalf of a beneficiary. The settlor and beneficiary may be the same person. HoverTrusts is a licensed Trust Company that specializes in the trading and holding of digital assets. 

Why use a Trust?

Trusts, a longstanding tool for secure asset management, utlize licensed trustees to explore investment opportunities while safeguarding assets. HoverTrusts builds on this concept by bringing it into the crypto space, enabling customers to access investments like cryptocurrencies while protecting them from the associated risks. 

Who can use a Trust?

Accessible to everyone globally, trusts were historically expensive, mainly serving the wealthy. HoverTrusts changes this by enabling customers to establish and maintain affordable digital asset trusts. Compliant with international laws, HoverTrusts excludes individuals on watch lists or involved in criminal activity.

How much does a Trust cost?

HoverTrusts are operated in a similar manner to that of digital exchanges. People who are familiar with the fees of digital asset exchanges will see similar costs at HoverTrusts.

Can I deposit my digital assets in the Trust?

Yes, you can deposit any digital asset supported by the Hover Platform. We are always working to improve and expand the assets offered on the Hover Platform.

How are assets traded in the Trust?

The trust holds assets for trading in accordance with your experience and risk profile level. Once the trust is established, you may use the platform to gain exposure to digital assets offered. You may communicate with the trustee, a licensed professional intended to manage and protect your assets from risk as to specific trades you believe would be advantageous. If the recommendation conforms to the trust's risk tolerance and trading parameters, the trust will undertake the trade, generally on an instantaneous basis. 

How are assets removed from the Trust?

You may request that the trust distribute some or all of the assets (including profits) of the trust to the beneficiary of the trust at any time. Often the trustee can fulfill this request immediately, but a delay of 1-2 business days may be required.

What is a Trustee?

A trustee is the qualified professional assigned to hold and manage of the assets held in trust. Hover Trust Company (Anguilla) SEZC Ltd. is a licensed General Trust Company in Anguilla, British West Indies.

What is the difference between a settlor and a beneficiary?

A settlor is the person who opens a trust. A beneficiary is the person entitled to receive the benefits of the assets held in trust. The settlor and beneficiary can be the same person, provided that an additional beneficiary is also included in the trust. All HoverTrusts pre-include a charitable beneficiary entitled to less than 0.01% of the trust assets in order to comply with trust law.

Can I be my own beneficiary 

Yes.

Does a Trust reduce my tax liability?

Financial transactions in a trust have the same tax liability as for the settlor and/or beneficiary of the trust. All such persons should contact their local tax advisor on such issues.

Can I remove funds at any time?

Yes, you can remove funds by sending a request to your trustee to distribute the trust assets to the beneficiary(s) (including any profits earned). Removing all funds of a trust will dissolve the trust and conclude the trust agreement. 

Start your journey with HoverTrusts

For more questions or inquiries, feel free to connect with us on LinkedIn. We’d love to hear from you.

  • Inheritance 
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  • Secure Trading