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Alaska trusts

Alaska trusts

So You’re the Defendant
Larry Light, 12.26.05. Forbes

You don’t have to carry a satchel of currency to the Cayman Islands to protect your wealth. Here are some legitimate maneuvers for those worried they will be targeted by creditors in the future.

Alaska and and six other states (Delaware, Nevada, Rhode Island, Utah, Oklahoma and Missouri) offer junior versions of offshore asset-protection trusts. While not as formidable as the overseas kind, they slow down creditors with one more layer of legal hassles. You don’t even need to live in one of these states to get into a trust.

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