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Tag: divorce

LAWSUITS IN THE COOK ISLANDS: PROPER TRUST STRUCTURING SAVES THE DAY (and the trust)!

April 26, 2018
LAWSUITS IN THE COOK ISLANDS: PROPER TRUST STRUCTURING SAVES THE DAY (and the trust)!

We have often stated that the only way for a creditor to “get at” the assets held in a properly structured Cook Islands asset protection trust is for the creditor to bring a case in the Cook Islands. Why? The Cook Islands court is the only court which has jurisdiction (power) over the trustee, which, under trust law, is the holder of legal title to trust assets.

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Common client questions: Divorce and asset protection trusts

August 16, 2016
Common client questions: Divorce and asset protection trusts

This article in our Common Client Questions Series focuses on an unpopular subject, but one that affects 2.4 million Americans each year: divorce. Divorce attorneys dislike asset protection planning. Unlike other litigation where the plaintiff’s attorney often works on a contingency fee basis, in a divorce proceeding both attorneys have a financial interest in prolonging […]

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Ashley Madison: Another reminder that women should protect their assets

September 15, 2015
Ashley Madison: Another reminder that women should protect their assets

The internet was shocked by the August 2015 release of several million hacked names, email addresses, and billing records of users of a controversial website named “Ashley Madison.” Attorney Patricia Donlevy-Rosen recently (and coincidentally) authored an article published by ExpertBeacon.com, wherein she advises women to consider asset protection planning before taking steps towards divorce.

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Vows of financial security for women thinking about divorce

July 13, 2015
Vows of financial security for women thinking about divorce It is estimated that over 60% of divorces are filed by women. Yet asset protection attorneys will tell you that men are the ones who will protect their assets at the first sign of marital discord (if not before), while women will leave themselves financially vulnerable. If divorce is on the horizon (or even if [...]

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