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Special Report on

The offshore trust

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for your foreign grantor trust formation is the most important first decision that you can make. Because, if you choose one that is new or one that does not care about providing you the best offshore trust services possible then you will never have the peace of mind that your assets are being managed correctly. Not all offshore trust companies are the same and they need to be checked out. The particular offshore trust company we have chosen was thoroughly checked out by two men from the United States (we can put you in contact with them) who have had years of experience with the foreign grantor trust. After working with ...
on the beneficiary. Such trusts are therefore frequently proscribed or limited in their effects by governments and the courts. Whether such a trust is a Spendthrift trust on the U.S. model, a Protective trust on the Commonwealth model or another form of discretionary trust, it is more likely to be subject to challenge under the common law doctrine of sham or under specific statutory provisions if any person setting up the trust (or their spouse and their spouse in turn as in a reciprocal trust ): can benefit under its provisions; is the person under risk financially; benefits (whether permitted or not) from the trust; or if the ...
Asset Protection Planning; Why Go Offshore
A major goal of asset protection planning is to substantially diminish and reduce your financial profile. If you can restructure your assets in such a way so as to place them beyond the reach of future potential creditors, while at the same time maintaining a beneficial interest in those assets, you have succeeded in substantially reducing your financial profile. Accordingly, you are a far less attractive target for litigation because of issues of doubt of collectability, thusly reducing the likelihood that you will be sued; or if you are sued, increasing the likelihood of a favorable settlement. A trust can be an effective ... market research, surveys and trends
Jobs,Business,Finance | Construction Accounting and Taxation (may ...
For contractors and developers, a declining real estate market is a double whammy. Most conspicuous, of course, is the resultant decrease in new construction that ensues when the market slides. But more alarming is the correlation between a dipping market and the regularity of lawsuits against developers and contractors. Contractors Studies of dozens ... market research, surveys and trends


Has Offshore Trust Litigation Spoiled the Fun? Recent Decisions ...
The effectiveness of the so-called "spendthrift trust" in protecting an individual�s beneficial trust interest from his creditors has been firmly established in the United States ever since the Supreme Court�s 1875 landmark decision in Nichols v. Eaton . The Nichols case, however, involved a spendthrift trust created for the benefit of a third party beneficiary rather than for the settlor herself. With limited exceptions, the laws of the U.S. do not permit an individual to place assets in trust for her own benefit (a "self-settled trust"), and effectively place those assets beyond the reach of creditors. This is true whether the ... industry trends, business articles and survey research
Apr 8, 2004 ... Me,” and the seizure of roughly 1.5 million documents, .... approximately 3 percent of any funds sent out of the United ... According to the indictment, the offshore trust system involved a series of sham transactions, ... industry trends, business articles and survey research
As BP gets closer to sealing leaking well, the stakes get higher
Doing their part to cap the gushing Macondo well, BP staffers are surrounded by remote video coverage and data feeds in the spill crisis center at BP's U.S. headquarters in Houston. The oil giant could be in position to begin sealing the well in days. After nearly three months of trying, BP could be in a position within a little more than a week to begin permanently sealing its leaking oil well in the Gulf of Mexico — and taking a big step closer to ending the worst environmental disaster in U.S. history. BP expects to intercept the outer ring of its gushing Macondo well by around July 20, starting what could be a ... market trends, news research and surveys resources
Mesa Offshore Trust Announces Dissolution of Mesa Offshore Royalty Partnership
announced today that Pioneer Natural Resources USA, Inc. ("Pioneer"), in its capacity as Managing General Partner of Mesa Offshore Royalty Partnership (the "Partnership"), informed the Trustee that it filed a Certificate of Termination with the Secretary of State of the State of Texas on June 23, 2010 and the Partnership was dissolved in accordance with the First Amended and Restated Articles of General Partnership and with the settlement agreement. Pioneer also advised the Trustee that it does not anticipate recovering any potential remaining ... market trends, news research and surveys resources


between offshore banks and their clients, the offshore trust becomes an attractive way to launder money to avoid American tax obliga- ... technology research, surveys study and trend statistics
03-02-2009 - Senate, House Members Introduce Stop Tax Haven Abuse ...
WASHINGTON – Stating that “tax havens are engaged in economic warfare against the United States, and honest, hardworking Americans,” Sen. Carl Levin, D-Mich., Sen. Sheldon Whitehouse, D-RI, Sen. Claire McCaskill, D-Mo. and Sen. Bill Nelson, D-Fla., today introduced comprehensive legislation [PDF] to stop offshore tax haven and tax shelter abuses. A companion bill was introduced in the U.S. House of Representatives by over 40 Members led by Rep. Lloyd Doggett, D-Tex. and Rep. Rosa DeLauro, D-Conn. Offshore tax abuses cost the U.S. Treasury an estimated $100 billion each year in lost tax revenues, including $40-$70 billion from ... technology research, surveys study and trend statistics
  1. profile image offshorepro2013 New post: ASSET PROTECTION TRUST BELIZE OFFSHORE: The Enactment of the Belize Asset Protection Trust Act 1992 was ...
  2. profile image offshorepro New post: ASSET PROTECTION TRUST BELIZE OFFSHORE: The Enactment of the Belize Asset Protection Trust Act 1992 was ...
  3. profile image Shalyn67 The endowment would be funded by revenues from offshore oil & gas drilling, interest from oil spill liability trust fund, and other sources.
Google Answers: International Estate Trust - US & NZ
Thank you for your very interesting question regarding international trusts and therefore taxation of trusts viewed by two different governments. This is a very complex subject and after my research I have come up with some leads for you however, if you could provide me with some more information I can better assist you. I need to know the following: 1) Residency of the trust- USA or New Zealand based? 2) Location of your assets and their value for estate Planning? 3) In the US Estate or Trust planning involves, Federal, State and sometimes Local County or City laws. Will you be using a US ...
How does a person claim large lottery winnings anonymously ...
I have seen in the past that investment LLC's have claimed lottery winnings for people and I was wondering if this is done in order to keep the winner anonymous or for any other possible tax benefits. Member since: May 23, 2008 Total points: 35151 (Level 7) Badge Image: Contributing In: Do It Yourself (DIY) Other - Environment Forming a trust or corporation is usually a method of sharing the winnings amongst several people since many states require that there be only one owner of a winning ticket. It also avoids personal income tax but incurs commercial income taxes which are at 50%, of course there are many loopholes ...