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Offshore Trusts
One of the best solutions for protecting personal and business assets is the formation of an offshore asset protection trust. There are three major jurisdictions that strongly favor and offer this type of investment product. Some of these jurisdictions include the Cook Islands, the Isle of Man, and the island of Nevis. In essence, all three jurisdictions have laws that favor this type of product and each jurisdiction is politically-stable.
The most important benefit of an offshore trust is asset protection. Creditors can attach claim assets under the trust and U.S. judges do not have jurisdiction over foreign citizens. For example, the Cook Islands, Nevis, and Isle of Man do not recognize judgments that originate in a foreign country such as the United States. Legal professionals of business and private organizations must pursue litigation and initiate proceedings in the foreign country itself in order to attach any claim to an individual's assets. Some offshore jurisdictions have placed many obstacles for those who attempt to bring any litigation to the trust. Harbor Financial Services has helped people from around the world safeguard their money and regain financial privacy in their personal and business affairs. For more information please visit hfsoffshore.com
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