asset protection trust

Fin
a trust, often set up in a foreign country, used to make the trust’s principal inaccessible to creditors

The ultimate business dictionary. 2015.

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  • Asset-protection trust — An asset protection trust is a term which covers a wide spectrum of legal structures. Any form of trust which provides for funds to be held on a discretionary basis falls within the category. Such trusts are set up in an attempt to avoid or… …   Wikipedia

  • Asset protection insurance — Introduction A proper asset protection strategy prevents creditors from gaining access to assets. The basic areas of need encompassing asset protection are: litigation and creditor protection, sovereignty protection, succession and… …   Wikipedia

  • Trust law — In common law legal systems, a trust is an arrangement whereby property (including real, tangible and intangible) is managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts… …   Wikipedia

  • Trust (Recht) — Ein Trust ist im juristischen Sinn eine von einer Person unter Lebenden[1] oder für den Todesfall[2] geschaffenen Rechtsbeziehung,[3] wenn Vermögen zugunsten eines Begünstigten oder für einen bestimmten Zweck abgesondert und der gebundenen… …   Deutsch Wikipedia

  • Trust instrument — A trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust; …   Wikipedia

  • protection — Level to which the capital is partially protected, below which the net asset value of a SGAM Flexible ETF may not fall in any rolling one year period. NYSE Euronext Glossary * * * protection pro‧tec‧tion [prəˈtekʆn] noun [uncountable] 1. the act …   Financial and business terms

  • Foreign trust — commonly refers to a trust that is governed by the laws of a jurisdiction other than the United States. These trusts may be used for investment, estate planning and succession planning purposes, but are most commonly used for asset… …   Wikipedia

  • Offshore trust — An offshore trust is simply a conventional trust that is formed under the laws of an offshore jurisdiction. Generally offshore trusts are similar in nature and effect to their onshore counterparts; they involve a settlor transferring (or settling …   Wikipedia

  • Australian trust law — Trust law in AustraliaIn Australia, trust law is under the jurisdiction of state governments, and the legislation often interacts with Corporations law and Family tax law. Equity still regulates trust law to a significant extent, and Australian… …   Wikipedia

  • Protective trust — The Protective Trust is a form of settlement found in England and Wales and several Commonwealth countries. It has marked similarities to asset protection trusts found in several offshore jurisdictions and US Spendthrift trusts.In such a trust… …   Wikipedia

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