So you’ve set up an Offshore Asset Protection Trust in the Cook Islands and transferred all of your liquid assets to the Trust. A creditor
Read MoreWhat if a Canadian Court orders me to bring my money home to pay creditors?
Why You Need An Offshore Trust If You Are Getting Married
If you are a high net worth person who is about to get married, you should consider transferring your assets to an Offshore Asset Protection
Read MoreWhy You Need An Offshore Trust If You Are Getting Married
Bare Trusts Exempt From 2023 Filing Requirements
The CRA has announced that bare trusts are not required to file a 2023 T3 return, unless the CRA requests it. This includes the new
Will an Offshore Trust Reduce My Tax Liability?
People often ask me if they will be able to reduce their income tax liability by establishing an Offshore Trust. The short answer is, “NO”,
Beware of Professional Plaintiffs
I recently got retained to defend what appeared to me to be a bogus Statement of Claim. By bogus, I mean it had little to
Why So Many Canadians Are Establishing Offshore Trusts in the Cook Islands
A few days ago, I had a meeting with one of my Trustee companies that I use in the Cook Islands to set up Offshore
Read MoreWhy So Many Canadians Are Establishing Offshore Trusts in the Cook Islands
Should You Make Your Asset Protection Trust Revocable or Irrevocable ?
When you set up an Asset Protection Trust, I recommend that you make it an irrevocable trust in an offshore jurisdiction. The reason for this
Read MoreShould You Make Your Asset Protection Trust Revocable or Irrevocable ?
How Long Does It Take to Set Up an Offshore Asset Protection Trust?
If you are looking to set up an Offshore Asset Protection Trust, how long it will take to set it up depends on how long
Read MoreHow Long Does It Take to Set Up an Offshore Asset Protection Trust?
How to Become a Tax Resident of Paraguay
Paraguay is one of the easiest and quickest countries to get resident status. It is also very tax friendly for individuals and businesses. There is
How Much Does an Offshore Asset Protection Trust Cost
That’s one of the first questions people usually ask me when they are thinking about establishing an Offshore Asset Protection Trust. The cost of setting
Read MoreHow Much Does an Offshore Asset Protection Trust Cost