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Offshore Trusts & Offshore Accounts: What's the Difference?

from By Howard Rosen and Patricia Donlevy-Rosen of Donlevy-Rosen & Rosen, P.A.

Reprinted with Permission from THE ASSET PROTECTION NEWS, January 2019

Potential clients often call us asking if we can set up an “offshore account” for them. Is this what they really mean, or are they (or should they be) asking about an offshore trust? In this issue we’ll compare the asset protection efficacy of an individual establishing an offshore account versus establishing an offshore trust which itself establishes an offshore account. more

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