Offshore Trusts | Best Jurisdictions In Which To Form Your Offshore Trusts

Offshore Trusts. Visit http://www.AssetProtectionOffer.com and you can subscribe to my Offshore Asset Protection and Investing Secrets Video Series of videos and emails. You’ll also get a copy of my book, Asset Protection in Financially Unsafe Times in pdf format and a 20-minute consultation with me to discuss YOUR SITUATION. All at no cost or obligation.

So what are the best offshore jurisdictions for the formation of offshore trusts? The jurisdiction with the best track record is the Cook Islands. It has a record of twice flaunting a U.S. federal judge’s attempts to seize trust assets. No other jurisdiction has that track record. There are a couple of jurisdictions that have bowed to U.S. courts demand, one being the Isle of Man. Some other good jurisdictions are Nevis, Belize, and the Cayman Islands. Western Samoa isn’t bad but their Trust Statues are not nearly as well developed as the Cook Islands. It is not a bad idea to use a lower profile offshore jurisdiction initially, however, while the creditor seas are calm. In the event of a creditor attack, the trustee can move the trust to a strong jurisdiction such as the Cook Islands. Since this is the trustee’s decision and not the grantor’s, it makes the trust look less suspicious or anti-creditor to a judge, and it makes the grantor seem less likely to have set up the trust only for Asset Protection.

Hope you find this video helpful.

Thanks!

Ryan Fowler

Duration : 0:2:15

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Technorati Tags: Asset Protection, offshore trust, Offshore Trusts, trust formation, trust services

Tags: Asset Protection, offshore trust, Offshore Trusts, trust formation, trust services