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What is a Foreign Asset Protection Trust?

Foreign or offshore asset protection trusts are carefully designed trusts formed under the laws of an offshore jurisdiction to take advantage of specific provisions of the local statutes. Typically these provisions offer the trust, Settlor and Trustee a significantly higher level of flexibility, control, or privacy than a comparable domestic entity. The Cook Islands, Belize, and Nevis are very favorable jurisdictions for foreign trust legislation.

 

What is a Trust?

What is the purpose of an Asset Protection Trust?

Do we want a Foreign or Domestic Trust?

What is a Domestic Asset Protection Trust?

What is a Foreign Asset Protection Trust?

Are my life long accumulated assets susceptible to creditor attack?

How does an Asset Protection Trust operate?

Who manages or administers the trust and the trust funds?

Does an Asset Protection Plan make sense for me?
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Understanding FIRPTA:
Buying and Selling Real Property
in the U.S. as a Foreign Entity

Buying Real Property

There are no general restrictions on foreign investment in the United States, unless that investment is in one of a few specific industries such as Radio and Broadcast Television, COMSAT, the Aviation sector, or Energy. The influx of capital is considered a welcome addition, and therefore there is very little legislation to navigate when purchasing U.S. real property as a foreign entity. Under U.S. federal law the only major restrictions to real property purchases by foreign entities impact buyers from countries with which the U.S. is at war, or who are subject to U.S. travel and trade restriction.

1 State law regarding such purchases vari...

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