International asset protection trust

Learn more about offshore trusts and asset protection trusts. It's called the Cook Islands Trust . Day’s Bachelor Degree is in Chinese Studies, and he holds both a Masters of Business Administration in International Management and Doctor of Jurisprudence The Shocking Truth About Asset Protection Planning. Because it is impossible to “bulletproof” a debtor, asset protection involves structures and Home of the best Nevada asset protection trusts and self directed IRA in Las Vegas NV. Apply to Asset Protection Associate, Customer Service Representative, Protection Specialist and more! Asset protection trusts offer a way to transfer a portion of your assets into a trust run by an independent trustee. The Cook Islands Trust was the first, and often still the best, asset protection vehicle available. So, the trust own the LLC and the LLC holds the bank account. Trust Attorney – Get Asset Protection with Help from Trust Attorneys Asset protection Effective wealth planning often includes strategies for preserving and shielding assets from creditor claims. What is an asset protection trust? It is fair to say that the term 'asset protection trust' has developed as an informal description of a trust, the primary purpose of which is to safeguard trust assets from claims made by creditors and others usually against the settlor or beneficiaries of a trust. Whether you own a business that operates internationally, have foreign assets that you want to protect, have questions about offshore trusts or are planning to move to the United States, we can help. A trust is established when a person, known as the Settlor, transfers assets to a Trustee. Many believe that it refers to the techniques used to shield a debtor’s assets from creditors’ claims. Many countries enhance such friendly havens by limiting access by foreign entities and, in the case of the island nation of Mauritius, making the disclosure of any information about the trust a criminal act. Offshore asset protection involves the transfer of your assets to a trust or corporation established in a confidential, secure and stable foreign country. I. S. The Bridge Trust is registered offshore but is domesticated for tax and administrative purposes. For more information on offshore trusts, please see my International Trusts page. The Seychelles International Trusts Act was designed to highlight the Seychelles as a premier Tax Haven and Asset Protection Jurisdiction. LEGAL PROTECTION OF ASSETS. Group International Asset Protection Trusts Protecting Your Assets Has Just Become More Affordable Asset protection planning is an essential component of the overall financial planning of any individual or family who has had the good fortune to build and maintain wealth. Osborne practices primarily in the area of trust and estate planning, with an emphasis on taxation, asset protection, and international transactions. Our trusts have survived challenges in lawsuits, bankruptcies, and IRS audits, and have never failed. International asset protection plans also offer you diversification. There are four main features of Cook Islands law that provide effective barriers to creditors attacking an International Trust: The offshore trust is the foundation of any advanced asset protection plan and can be built up or expanded in a number of ways. Individuals can use an international trust for reasons other than lawsuit protection. You designate the trustee, settlors and beneficiaries and you control the assets in the international trust for the benefit of those beneficiaries. 702-696-0000 Typically, this is a popular trust for NRAs with foreign beneficiaries and property who are seeking political stability, protection of property, and non-blacklisted countries. If done correctly, these seven trust-based asset protection strategies can put significant, sometimes insurmountable, obstacles in the way of a creditor. Explore an array of international financial services customized to support your current lifestyle, or to help you plan for the future, with the Introduction to International Asset Protection Guide. International Wealth & Asset Planning Blog May 1, 2019 Denver, CO . The basis of the asset protection trust is simple enough: assets are conveyed out of your name and into the international trust. . The person suing you cannot successfully get the judge to change the beneficiary to himself. Our primary focus is on the protection of personal wealth through the use of Cook Islands Asset Protection Trusts and related structures. The asset protection information contained on this site is not and should not be construed as legal advice. This is where an offshore asset protection structure comes in… The best-known is probably the International Asset Protection Trust (IAPT). Complete this 5 minute survey to determine what the best structure is for your needs. The Benefits of Forming a Trust in the United The offshore trust is the best known and most effective legal tool used in asset protection today. Day, JD, MBA. An offshore trust, or asset protection trust, is one of your surest ways to avoid the harsh penalties and taxes imposed by your country and control your wealth, and is a safe way to protect your assets from creditors. Southpac is a trust company that operates in several non-U. Discover the benefits of this trust that allows assets to pass to heirs without going through probate. Our strategies are built upon generations of legal precedent, unlike other asset protection strategies. 7) They are cheaper than offshore trusts to create and maintain. It’s not about secrecy or about hiding your assets (though it does provide A LOT of privacy). The unique and extensive experience of our directors ensure the highest quality of trust service for all offshore trusts from basic administration to complex litigation. Nagel & Associates specialize in international asset protection, estate planning and foreign residency and citizenship for North American clients who want to invest in an offshore trust. Those laws could claim that assets were transferred to the trust in order to defraud creditors from seizing them to pay debts and court judgments against the settlor. Today, they are also commonly used for global investment diversification, pre-migration planning, and as a defensive strategy against political and social concerns at home. ASSET PROTECTION PLANNING FOR THE FAMILY BUSINESS OWNER Strategic use of multiple types of entities and trusts to own and protect closely held family business holdings and related investments. THE ONE-TWO PUNCH: THE USE OF TRUSTS AND LLCS IN ASSET PROTECTION By Jacob Stein, Esq. court jurisdiction over the assets that are owned by your trust. We compare both offshore and domestic options. • If the creator of a trust has direct control over the distribution of principal or income, that control will necessarily compromise and nullify any asset protection features of the trust. If you are thinking about gifting interest in your family business to kids, the intentionally defective irrevocable trust (IDIT) can offer many tax benefits, asset protection advantages, and other Advantages of Cyprus International Trust. The portable offshore asset protection trusts that we create give clients the option to send their asset protection planning offshore if the need arises. When properly set up, it’s a terrific asset protection tool. 6) LLCs do not carry the stigma of asset protection trusts; and. Cook Islands law contains a number of unique features that make the operation of an asset protection trust administratively friendly and highly protective. Asset Protection Trusts – Foreign Asset Protection Trusts Offshore Asset Protection Structure – STRONGEST asset protection because it’s not under US law Hurdles FAPT’s create for Creditors: o They don’t recognize US judgments. After all, trusts for family members are created in most instances to preserve and protect Attorney - Corporate Law, Contracts, Real Estate, Trusts, Tax, Asset Protection Djambov Law Firm October 2016 – Present 3 years 2 months. This law created the first true Asset Protection Trust: A Self-Settled Spendthrift Trust which is statutorily prohibited from recognizing any foreign judgements or jurisdiction. Appendix 1: Nondomestic Trust Structuring and Its Impact on the United States Taxpayor. Not only does it help to make you financially bullet proof, but it also offers you the opportunity to place your funds into a healthy environment, of your choice, in which they can grow. offers domestic and international solutions. The Cook Island trust is most effective for US persons who wish to protect a rest egg offshore and turn over management to a CI investment advisor. If you have questions or would like to discuss your options for trust-based asset protection, please call our office to discuss this further. Offshore asset protection is a legal, effective strategy that involves forming a trust or business entity in a favorable foreign jurisdiction, such as a Cook Islands trust or a Nevis LLC. a community of over 4,000 trusts and estates attorneys with a common goal to practice Favorable features of Delaware trusts include: Asset protection trust: helps protect your assets from creditors Directed trust: enables you to plan for complex assets and retain the services of a trusted investment advisor Dynasty trust: allows for the duration of the trust to last in perpetuity Established in 1999 in the jurisdiction of Belize, Georgetown Trust, Ltd. It is the strongest asset protection tool available because it removes U. Interested in an international, offshore trust? Make sure you’re well informed with our handy guide. Although asset protection techniques have been available for centuries, the art of asset protection has achieved a high degree of acceptance and utilisation only within the last decades of the 20th century. What do the Cook Islands offer that other offshore jurisdictions don't? Terry: When I tick off the factors that protection-minded investors are looking for, Cook Islands keeps coming up Number One. In a recent Tax Court ruling (see T. The asset-protection trust is a trust that splits the beneficial enjoyment of trust assets from their legal ownership. Not by coincidence, the Cook Islands and Nevis have aggressive asset protection laws that seek to attract international asset protection trusts. Another alternative for asset protection is an offshore trust, established under the laws of a foreign territory. The good news is, a new nailed down, buttoned up International Asset Protection Trust has been designed to give you high caliber, and total asset protection. A full range of proven structures for safeguarding assets, zeroing out estate taxes, and reducing income taxes. Wall off your financial affairs from the prying eyes and legal machinations of rest of the world. Asset protection trusts are strongest financial protection planning tools against creditors, lawsuits and judgments. First, an international asset protection trust allows you to move assets out of your existing taxable estate while keeping them available for future income. The Final Truth About Asset Protection Planning. Houston, Texas Area. MATA MARIO A. To guarantee the soundness of such a plan means cautiously following certain legal, strategic guidelines and receiving sound asset protection trust formation advice. Throughout the discussion is the common thread of achieving flexibility in trust provisions. With an international trust, individuals take assets out of their name and place them into a trust that heightens the safety of their investments. Product Description. Second, an international asset protection trust is a permanent solution. The international trust is a comparatively new twist to the trust's long heritage. Portable Offshore Asset Protection Trusts™ offer the solution to that problem. Southpac Trust. For this example, I will define an asset protection trust as any trust formed for a term of years in a foreign jurisdiction, which does not recognize (or imposes significant barriers to the recognition of) United States judgments. The NRA will be treated as owner of the trust under U. Count on us for follow up support and assistance with offshore bank accounts to complement your offshore foundation or offshore trust in the tax havens we offer. How to make a claim If you have to make a claim on your motor insurance and you think your vehicle might be declared a Total Loss, here’s what to do. • Trusts Unlimited is proud of the products and services that we provide for our customers. Tax – Asset Protection – Corporations – Trusts – Financial Structuring – Real Estate – Business – Estate Planning New Hampshire is the most recent state to allow self-settled asset protection trusts, also known as domestic asset protection trusts (“DAPT”). Whilst the trust continues to serve as a flexible device for the structuring of wealth for sophisticated international families, perhaps the more important considerations now are the jurisdiction in which those trusts should be tax resident and the proper law to govern such trusts. Grantor Trusts at inception. Nevada allows for directed trusts, allowing an independent financial advisor to manage the funds of the trust; The Nevada legislature has displayed a positive track record of creating favorable laws for wealth management and asset protection, with continual improvements in each legislative session. trust. Why this is a good idea. The beneficiaries of a trust are the beneficial owners of equitable interests in the trust assets, but they do not hold legal title to the assets. A Cook official, seeking revenue for the islands, read in The Economist about Mr. These types of trusts are available in several US states , such as Nevada, Delaware and Alaska. Who Should Utilize International Asset Protection? Further Reading. We are one of the best trust companies in the country. A self-settled trust is a trust that you create, fund, and also name yourself as a beneficiary or possible beneficiary. Its law for international trusts is the best, most protective in the world. When you die, the trust will become disconnected entirely from the American tax system. By: Edward Brown, Esq. International Tax Planning Lawyer & Offshore Trusts Attorney Lawyer For International Tax & Attorney For Trusts. The asset protection advantages of a foreign trust will insulate assets not just from the usual commercial and civil tort claims, but also from matrimonial claims, forced inheritance and even civil government actions (e. Introduction The “Grantor” Trust with a U. Asset protection is in your – and everyone’s – best interest The rules may change but the existence of opportunities will remain. It is not officially “exempt” to our knowledge in any country in the world. An asset protection trust can also help deter a lawsuit before it even begins as well as make for favorable outcomes of settlement negotiations. Engel’s firm, which was pioneering the concept of asset protection trusts, and hired Mr. The more discretionary power you give the trustee when designing this trust, the greater the asset protection. An asset protection trust is a vehicle created to preserve wealth by insulating assets against unanticipated risks. W. Mr. INTRODUCTION A. Foreign asset trusts also offer a higher degree of privacy than do those that are created within the U. " Both function in more or less the same way and are often created for similar purposes. Offshore (foreign) trusts It's possible to transfer assets to trusts that are formed in foreign countries (certain countries are preferred). Get Your Free Introduction to International Asset Protection Guide . Our practice is headed by asset protection specialist barrister and cross border advocate Andrew Rogerson who has an international reputation for his cross-border experience. Honestly, this is every country in the world since every country […] The foundation and the trust are two entities that have been used by homeowners and business persons for wealth planning, tax planning, estate planning, and to shield assets. Asset protection trusts have a relatively short history in the United States. Asset protection: A Trust enables you to protect your assets from risks, claims by governments or creditors, spouses or former spouses and claims in tort or contact occurred because of transactions entered by the previous owner of the Trust property. International Law Inc. Legally transfer out of reach of future creditors and put them in an impenetrable place. In most cases, the plans aren’t located offshore from the start. The ability to be a beneficiary of a trust you set up and still have legal protection for the trust assets. Other names may be used − creditor protection trust, international trust, international trust, asset conservation trust, foreign trust, or foreign grantor trust. Its law for limited liability companies dovetails with the trust law Belize also allows the use of other banking jurisdictions to hold assets. 10 When considering an APT, a settlor should discuss expectations, risks, costs Assets Protection Trust. S A distribution to you from the trust is either required or optional. International LLC In order to utilize the best asset protection possible in the Cook Islands, it is advisable to establish an international limited liability company which is wholly-owned by the trust. Asset protection trusts will never have mandatory distributions from the trust to you, because that would put the assets at risk if you are sued. 2019-4 UNITED STATES TAX COURT JOHN F. Asset Protection on 0844 573 8069. Offshore trusts share many characteristics with a typical U. g. Normally, when you transfer assets to a trust, you have to give up control. A great deal of myth and legend surrounds asset protection strategies for physicians, most of it secondhand and lacking any basis of experience. CAMP domestic asset protection trust (DAPT) is a formidable strategy that not only helps clients legally shield assets from third-party liability, but also permits clients to be discretionary beneficiaries of their own trusts. My practice is known worldwide for its efforts concerning the asset protection component of integrated estate planning. The Trustee is then the legal owner of the assets and is responsible for managing and distributing the assets to the beneficiaries in accordance with the terms set up in the trust deed. He is a nationally-recognized authority on the use of offshore trusts and estate planning strategies for wealth preservation and succession planning. GUIDE – International Asset Protection Trust. Because it’s so effective, most disputes involving IAPTs are settled out of court, without ever reaching a judge. International Asset Protection Attorneys in New York, Rubinstein & Rubinstein, now a part of Gallet, Dreyer & Berkey, LLP | Visit our website at gdblaw. The customary international protective entity is the international Asset Protection trust (IAPT) that gained popularity in the 1980's as many foreign countries enacted laws that focused on Asset Protection for the purpose of heirship, premarital assets, estate planning and international business finance. Asset protection trusts allow creditors settle with their respective debtors on favorable Our estate and succession planning structures include asset protection corporate structures, asset protection trusts, special purpose trusts, private foundations, and multi-form foundations. Here’s why the Panama Foundation is the ticket for those wanting to diversify abroad and protect their savings. Today, we address one such common rumor about the use of "offshore" or "international" asset protection trusts by doctors. The Seychelles International Trust is used as an asset protection tool and as a means of reducing tax liabilities. The trust's assets will be out of the reach of most creditors, and you can Here is a summary of uses and benefits regarding the private contract trust. International Asset Protection Trust. International asset protection is about legally diversifying your wealth. Belize trusts are extremely flexible and allow you to draft many asset protection clauses into the trust agreement. Colorado asset protection has become even more important than in the past given an increasingly litigious society and the troubled economic climate. The trustee steps in and protects trust assets from the creditors of the grantors and beneficiaries. Through the trustee and the protector, the grantor can request certain changes that do not affect the asset protection provisions of the trust. Offshore Trusts. The niche Asset Protection practice at Rogerson Law Group is built on years of solid international legal experience in both offshore and onshore jurisdictions. The firm helps clients strategically select foreign jurisdictions to increase protection for personal assets and estate planning. Contact AutoTrust Asset Protection Customer Services on 0844 573 8069, or email GAPclaims@carcareplan. Prior to 1996, 18 nations provided There are many types of trusts. The House of Freedom International Natural Law Trust (NLT) offered by Brilliance in Commerce is the most advanced and state-of-the-art private contract trust. An offshore asset protection trust or international trust, when set up properly, can be a highly effective tool for protecting your assets from the reach of civil creditors. The Panama Foundation provides the best asset protection and estate planning available… hands down, no questions asked. The Bridge Trust® combines the strength of an offshore asset protection trust, without the cost, complexity and compliance requirements. Create an Asset Protection Trust with NexGen Estate Planning Solutions and you can be assured that your hard-earned assets will be protected from the abovementioned scenarios. MATA, LLP 3333 Lee Parkway, Suite 600 Dallas, Texas 75219 Telephone: 214-800-2362 Facsimile: 214-276-7305 Asset protection trusts can be considered as ordinary offshore trusts that are created with the specific intention of protecting wealth. Asset protection (sometimes also referred to as debtor-creditor law) is a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments. Changing from an International Asset Protection Trust (IAPT) to a true foreign asset protection trust (FAPT) As mentioned, the International Asset Protection Trusts are set up as U. co. These trusts allow some flexibility, though, so it's best to work with your parents and financial planners to make sure you achieve a workable balance between access and asset protection. is a nationally-recognized author and leading estate planning and international asset protection planning attorney. The Cook Islands trust can be thought of as semi-revocable. Thus, the purpose of an asset protection trust is to keep assets out of the hands of creditors. I. Seychelles International Trusts were introduced in 1994 and can be form for the following purpose: Charity and non charity. A foreign asset protection trust is the Rolls Royce of asset protection, the irrevocable trust with an LLC is the Cadillac. Practice Specialties: Strategies used in asset-protection planning include separate legal structures or arrangements, such as corporations, partnerships, and trusts. If an offshore asset protection strategy is established by an attorney experienced in this area, it can be absolutely effective. The traditional international protective entity is the international asset protection trust. While the laws of each country are different, they share You can be sure that using a Nevis offshore trust to protect what is yours will yield numerous benefits. An asset protection trust is usually established for the trust maker’s family. The International Asset Protection Trust. A Belize International Trust is not required to have a Belize-based Trustee. Fidelity can provide both the services of the Trustee and of the Trust Agent. , non-payment of taxes). For a creditor to pursue, he would have to bring the lawsuit to the FAPT law/jurisdictions Kevin L. International trusts can be one of the strongest asset protections plans for you, if you do it right. The "myth" is essentially this These concerns make older people easy prey for the unscrupulous to focus only on the benefits of so-called Asset Protection Trusts (APTs) to protect the value of a person’s home from assessment to means tested benefits should the need for care arise, rather than take a more balanced approach. A self-settled asset protection trust "is kind of the last item on the checklist," says Richard Nenno, managing director and trust counsel at Wilmington Trust . It should also be noted that New Hampshire also repealed its rule of perpetuities for transfers occurring on or after January 1, 2004, so that, once assets are placed in trust, the assets can We use a proven asset protection methodology which provides the most effective asset protection. Rather, the aim of international asset protection planning is simply to separate your assets from your risk . ASSET PROTECTION PLANNING AND DELAWARE ASSET PROTECTION TRUSTS 4 ESTABLISHING AN ASSET PROTECTION TRUST The APT is a fairly new estate planning tool, becoming popular after Delaware enacted one of the first domestic, Self-Settled, Spendthrift Trust statutes in 1997. This feature makes the Belize Trust extremely flexible, sophisticated and a creative instrument for asset protection, tax, estate and investment planning and the preservation of confidentiality. Get International Asset Protection & Estate Planning. Whenever an offshore company and any one of these offshore entities are used together, you have the making of iron clad asset protection. Clients want the strongest possible protection for their assets if they are ever threatened. The structures that will work best for you depend, in The Cook Island Trust launched the offshore asset protection industry. His asset protection expertise is unrivaled. uk. The traditional international protective entity is the international asset protection trust (IAPT). Therefore, for those of you who are stuck in the asset protection planning quandary that so many face, consider an LLC as your solution, and an international LLC at that. An International Asset Protection Trust is a Trust that is domiciled outside of the United States (or uses certain jurisdiction’s laws) and is created for both Estate Planning and Asset Protection purposes. is a one-stop financial services boutique offering you the best in customized offshore structures such as asset protection and management, offshore corporations and other international investment opportunities designed to create and preserve your wealth. We work with the best asset protection specialists in the most well regulated markets across the world. This amendment makes the Belize International Trust the strongest asset protection vehicle in the world. In The ABA Consumer Guide to Asset Protection, leading asset protection attorney Jeffrey Matsen provides a step-by-step guide to creating a “shield of liability” around personal and business assets through a combination of business and investment entity selections; estate planning techniques; and the creation of appropriate trusts. The Illusory Asset Protection Of LLCs And The Eroding Asset Protection Of Trusts Thomas W. Complete trusts and individual provisions … from simple living trust modifications to sophisticated international asset protection structures … will broaden and strengthen the options you present to clients. L. Learn More Plus our friendly staff ensures that you are well advised on various asset protection options which involve trusts and foundations to meet your needs. Memo. offers a rich array of services. Engel to help write the What is an Asset Protection Trust An Asset Protection Trust (“APT”) is a Trust to which you transfer your assets to reduce your net worth, but you still retain control over the assets. ICS’s trust services are offered through its sister company International Trust Services Limited (ITSL). C. Although the discussion below addresses in summary form asset protection strategies not involving trusts, the principal thrust is the manner in which asset protection can be achieved through the careful crafting of trust documents. Abendroth I. Foreign Asset Protection Trusts The Cook Islands, a Pacific island nation 2000 miles Northeast of New Zealand, passed the International Trusts Act in 1984. The Cook Islands is widely recognised as the leading asset protection jurisdiction for international trust structures and provides extremely favourable conditions for companies and foundations. Global Wealth Protection advises its clients on asset protection and wealth preservation strategies based on a variety of legal, economic, geographic and other criteria. International Asset Protection Trusts The Offshore Asset Protection Trust is an irrevocable trust domiciled in a jurisdiction outside of the U. The offshore asset protection trust launched the industry and has been the go-to structure for international asset protection specialists for decades. The favorable laws of Belize make it a preferred international trust jurisdiction. Internationalize your portfolio, your assets and your life. Our asset protection attorneys can work with you to develop planning strategies to protect you, your family and your business from a major financial crisis. After reading the basics, EJ and his staff at True Trust Services will provide further information in advanced areas of privacy, asset protection, trusts, and other related areas. law if the trust is revocable or if the trust provides for the NRA and their spouse for their lifetimes. An irrevocable asset protection trust when combined with a Limited Liability Company is an asset protection fortress, short of a foreign asset protection trust. You may have heard other names − creditor protection trust, asset conservation trust, foreign trust, or foreign grantor trust. An asset protection trust is a vehicle for holding an individual's assets to shield them from creditors. So a typical asset protection trust will give the trustee complete discretion to distribution money (or not) to any beneficiary at all. Finally, if you establish an international asset protection trust and hold the assets contained in it offshore, they are less susceptible to seizures by your creditors. Caution: Unlike an irrevocable trust, a revocable trust provides the assets in the trust with absolutely no legal protection from your creditors. However, in the face of a very aggressive creditor, the trusts can morph into a true foreign asset protection trust. GUIDE – Living Trust. The New Normal In Establishing & Maintaining International Asset Protection Trusts Greenspoon Marder LLP USA January 7 2019 In recent days, international trust planners across the United States As Co-Chair of Moses & Singer's Trusts and Estates and Asset Protection practices, Gideon Rothschild focuses on domestic and international estate planning and asset protection. com. Osborne is the managing partner of Osborne, Helman, Knebel & Scott, LLP. However, in order for the trust to qualify as a Belize International Trust, Belize law must be selected as the governing law for the trust, and a licensed Trust Agent in Belize must be appointed. Belize offers several asset protection advantages. Asset Protection Trusts. My practice has influenced trust legislation in a number of countries around the world, professional endeavors have revolutionized the thinking of lawyers and other wealth planners globally. Osborne is an author and frequent lecturer on numerous wealth transfer topics. The International Trust has been used for decades for domestic and international asset protection, estate planning, and retirement planning. MARIO A. The best asset protection structure available might involve a well constructed offshore asset protection trust or a private foundation. Over 35 years ago Southpac worked with leading attorneys to develop the legislation which ensures the Cook Islands offers the gold standard in asset protection. In the United States, a protective trust is often referred to as an "asset-protection trust," while in the UK and some Commonwealth countries, it's referred to simply as a "protective trust. Trust laws in the US and most other countries discourage the use of “self-settled trusts” for asset protection. As such, the language of the act includes very strong asset protection and trust defence provisions. Southpac’s methodology and standards have become the benchmarks in leading international financial centres. Pre-Inheritance Foreign Trust: Offshore Asset Protection Setting up a foreign trust is a good asset protection strategy that will add a strong layer of protection between your assets and any third party trying to get to your wealth. A Seychelles International trust and its assets are protected by law from foreign rule. High net worth individuals (HNWI), wealthy families and those aspiring to be included in this group must think about preserving the assets that they have worked so hard to acquire and continue to accumulate. ARTICLE: Cyprus International Trusts - Asset Protection The Cyprus International Trust (“CIT”) continues to enjoy an increased momentum and demand, not only through the establishment of new trusts but also through having foreign trusts ‘redomiciled’ to Cyprus and becoming CIT’s. Asset protection has been part of estate planning for as long as there has been an estate planning discipline. 1,009 Asset Protection jobs available in Houston, TX on Indeed. The assets are transferred out of your name and into an international trust. Nevis offshore trust formation is a regulated activity, designed to serve the asset protection needs of anyone who finds it necessary to plan their estate and manage it accordingly. jurisdictions, including the Cook Islands and Nevis. Economically priced asset protection solutions. 1 The term “asset protection” is commonly misunderstood. Living Trust