Florida asset protection is the process of arranging what you own so that as much of it as possible sits in property Florida law exempts from judgment creditors. What the exemptions don’t cover can often be held in a form a creditor can’t easily reach. Florida has the best asset protection laws in the country….
An offshore trust is a trust that is established in another country that does not recognize U.S. judgments. It also uses a trustee based in that country. The main reason to set up an offshore trust is to protect assets from lawsuits. The person who creates the trust (the settlor) transfers legal title to the…
A Cook Islands trust is a special type of trust that shields assets by putting them in the hands of a trustee in the Cook Islands, where U.S. court orders carry no weight. The trust is irrevocable and governed by the country’s International Trusts Act 1984. The trustee, not the settlor, holds legal title. To…