Setting up a living trust can ensure that you address all aspects of the administration of your estate and even health issues in the event of an emergency.

You can provide clauses for advanced directives within your living trust, and this gives a designated individual the ability to sustain or withdraw medical care.

As a high net-worth global entrepreneur, you are a global force for business and the economy. In order to protect your dealings and address your business objectives, you need trust accounts that provide solutions to your personal asset protection and estate planning goals.

One of the most frequent questions answered by asset protection attorneys is: What is a living trust? This question is often followed by a more detailed inquiry involving matters related to privacy, effective strategies to handle taxation, dealing with overzealous creditors, and flexibility in terms of money management.

Individuals who wish to take part in offshore investments have many options to protect their assets. However, asset protection trusts are particularly suited to serve the needs of international investors due to their favorable terms.

An asset protection attorney can provide you with valuable information and guidance, especially if you’re an individual concerned about asset protection and might consider using a trust or international trust.

Using a trust is one of the most effective asset protection strategies for preserving wealth. Trusts can be used as part of an investment strategy or an estate plan. Trusts can also help protect minors or special needs children after a parent or legal guardian passes on.

During George W. Bush's presidency, several important tax cuts and rules were made regarding estate taxes. In particular, it was established that an individual could give away slightly more than $5 million without being assessed estate or gift taxes.

Experts often refer to certain places as standard jurisdictions. These locales usually gain this designation because they have been around longer.

International and offshore trusts provide a variety of benefits to investors. Most noticeably, these trusts allow investors to transfer the ownership of certain assets in order to remove them from their gross estate, possibly avoiding estate taxes in the process if all other assets equal less than $5 million.

Trust law was established sometime in the 11th century when crusaders went into battle and kept portions of their wealth in safekeeping by using a trust.

Many people who already created corporations or trusts in the past consult with lawyers and tax professionals to learn how to improve their reporting and avoid fines. Others simply wish to get started off on the right foot before they create asset protection structures.

Part 3 of the article Increase Your Flexibility, Decrease Your Taxes: The Benefits of an Offshore Trust reprinted from International Living

The Turks and Caicos Islands offer a great deal more than sunshine, an easygoing lifestyle, first-class diving, and friendly residents. In recent years, these Caribbean islands have firmly established their reputation in the world of tax-free nations. They rank among the best, alongside the Caymans and Bahamas, in offshore benefits.

Part 2 of the article Increase Your Flexibility, Decrease Your Taxes: The Benefits of an Offshore Trust reprinted from International Living

Belize has achieved notoriety because it has taken the strongest legislative measures to protect the interests of a trust beneficiary over those of the settler's judgment creditor.