With success, comes risk: The more assets you accumulate and the more diverse those assets, the more you are susceptible to higher risk. It’s no secret that the United States is a highly litigious ...
An offshore trust is a tool used for asset protection and estate planning that works by transferring assets into the control of a legal entity based in another country. Offshore trusts are irrevocable ...
For over 30 years, the Cook Islands has been the gold standard for asset protection trusts. This remote South Pacific nation offers ironclad protection for wealth and investments that is simply ...
Stephen K. Vetter, partner, Kozusko Lahey Harris LLP, Washington D.C. During the late 1990s, U.S. tax law became increasingly hostile to offshore trusts 1 that benefit U.S. taxpayers. Tax compliance ...
The Corporate Transparency Act has experienced significant turbulence since its inception in 2021, highlighting growing instability within the U.S. financial system. In what is described as ‘legal ...
A recent article explores the efficacy of offshore trusts in protecting the assets of debtors, Go Directly To Jail, Do Not Collect $200! Do Asset Protection Trusts Carry A Mandatory "Go To Jail" Card?
July 8, 2021 - United States lawyers may need to litigate trust proceedings involving businesses or family assets in offshore jurisdictions if the trust in question is domiciled in one of those ...
The Internal Revenue Service’s current focus on tax shelters has, in general, had a corporate emphasis, trying to shut down various types of transactions that are often structured to generate losses ...
Offshore Asset Protection Trusts, established in jurisdictions such as the Cook Islands or Nevis, are designed to function outside the reach of U.S. courts. In these structures, a licensed foreign ...
Divorce is a major financial risk. Early offshore asset protection can preserve wealth before courts, costs, and forced sales intervene. NY, UNITED STATES, January 26 ...