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To: Chickensoup; Vendome

Yes, a trust is the way to go — and best if it is a foreign trust. A US trust will likely be broken into eventually.


6 posted on 08/05/2013 1:44:19 PM PDT by expat2
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To: expat2; Chickensoup

Wasn’t going to get into foreign trust but, yeah, they are even more impenatrable.

Take a Nevis trust. It’ll cost $25k to set up but, once your trust is established for two or more years you are very probably safe from having your stuff taken.

If anyone wants to sue your trust they must first plunk down $25k to be deposited in escrow, on the island of Nevis.

Next, they will need to work through the court system in Nevis using a Nevis attorney. Even more Dineros.

They will have to pay all the costs of a civil suit campaign and there is the best part:

Even if they win there is no way to enforce it.

Oh, and there has never been a Nevis trust that was pierced.

Big money to get into and but, if you want to keep your stuff it’s the way to go.


9 posted on 08/05/2013 1:51:21 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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