What Is a Bridge Trust?
What Is a Bridge Trust? A bridge trust is a type of irrevocable trust used in offshore asset protection planning. It combines the features of domestic and offshore trusts. This means it starts as a…
Offshore asset protection planning is the set of legal techniques that transfers a person’s assets outside of U.S. jurisdiction to protect the assets from creditors. Offshore planning is often expensive, but it is regarded as the most protected asset protection strategy available.
How to Protect Real Estate With an Offshore Trust
Although an offshore trust effectively protects financial assets, protecting U.S. real estate is more challenging. Financial assets and personal property may easily be moved offshore to be titled in an offshore trust or LLC. Real estate is…
Fraudulent Transfer Laws in the Cook Islands
Fraudulent transfer laws in the Cook Islands are primarily aimed at preventing individuals from unlawfully escaping creditors by moving assets out of their reach. Under these laws, a transfer of assets is considered fraudulent if…
How Much Does a Cook Islands Trust Cost?
A Cook Islands trust is one of the strongest asset protection tools available. Here’s a concise overview of how much it costs to set up a Cook Islands trust. Cost to Set Up a Cook…
Common Questions About Offshore Trusts
How does an offshore trust work? An offshore trust is essentially a conventional trust that is established in a jurisdiction outside of the settlor’s home country. The main components of an offshore trust are similar…
How Much Money Do You Need for an Offshore Trust?
You should have at least $250,000 in assets to place in an offshore trust. Setting up an offshore trust can be expensive, often requiring thousands of legal and professional fees. Additionally, there are annual maintenance…
Offshore Trust Attorney Guide
What Is an Offshore Trust Attorney? An offshore trust attorney is a legal professional specializing in establishing and managing trusts in foreign countries. These attorneys are experts in international law and tax regulations, and they…
What Are the Disadvantages of an Offshore Trust?
Offshore trusts, while beneficial in many ways, also have certain disadvantages that should be considered. Here are five key drawbacks: Complex Legal and Tax Regulations One of the primary challenges of offshore trusts is the…
What Is the Best Offshore Trust Country?
An offshore trust is an irrevocable trust formed under the laws of a foreign country to protect assets from U.S. creditors. Offshore trusts are considered the premier asset protection tool, making it very difficult for…
Can a Foreign Trust Own S Corp Stock?
What is an S Corp? Some people set up offshore LLCs and foreign trusts to protect their ownership in a U.S.-based business. Most small businesses, whether they be corporations or limited liability companies, are arranged…
Hungarian Offshore Trust
A Hungarian offshore trust is a legal arrangement where assets are transferred into a trust established under Hungarian law. It offers benefits such as asset protection, tax planning advantages, and confidentiality. To set up an…
How Money Is Invested Within A Nevis LLC Account
Over the years I have recommended Nevis limited liability companies to many asset protection clients. Most people who have formed a Nevis LLC has asked about how and where his money will be invested within…