More than 30 foreign jurisdictions now have asset protection trust statutes. The Cook Islands was the first to adopt an International Trust Act for asset protection purposes in 1989, and many other jurisdictions have based their statutes in whole or in part on Cook Islands’ law. A number of other jurisdictions have traditionally relied on court cases (rather than a statute) to provide asset protection for trust beneficiaries. The leading example is the Isle of Man (used by many wealthy individuals long before any offshore asset protection statutes were enacted).
Offshore laws vary widely, and there is no one jurisdiction that will automatically meet the needs of all clients. There are varying statutes of limitations relating to fraudulent conveyances; differences in whether a U.S. judgment will be recognized or whether a new trial will be required; differences whether contingent legal fees will be permitted; and a variety of other variations.
Beware of anyone who is simply trying to sell a particular kind of trust, like a "Cook Islands Trust", or a "Cayman Islands trust". There is no way someone can know the best choice for you without a careful analysis of your particular situation. Whether an offshore trust is even a good idea for you in the first place requires careful analysis.
The bottom line is that there is no foreign or domestic asset protection trust that automatically meets the needs of all individuals. Each situation must be analyzed on its own.