Offshore trusts are receiving far more media attention than they did in the past. And much of the media attention is negative. Floyd Norris, writing in the January 22, 2010 New York Times, shines the spotlight very brightly on the Cook Islands. The Cook Islands (in the South Pacific) have a population of about
January 2010
Asset Protection Planning Requires a Lawyer
By Ken Laino on
Posted in Asset Protection Strategies/Alternatives
A couple recent inquiries from readers of this blog (as well as some recent client questions) reminded me of the critical role of the attorney in the asset protection planning process.
You will frequently benefit by getting input from multiple advisors — such as your investment advisor, accountant, tax preparer, maybe even certain friends and…