Strengthen Your Master Asset Protection Plan with a Bridge Trust
At Sollertis, we believe that without asset protection, you will never achieve true financial freedom. Unfortunately, there is no one-size-fits-all solution to asset protection.
Domestic trusts provide a layer of protection to safeguard your assets, but that protection is limited. As long your plan remains fully domestic, your assets will still be subject to judgements and orders from U.S. courts.
Offshore trusts in jurisdictions with established laws that prohibit trustees from recognizing foreign court judgments and orders are appealing, but this strategy has costs. To be legally binding, you must relinquish complete control of the assets you place in the offshore trust to a third party in a foreign country. While this is appropriate when actually defending a trust, it can be costly and compliance can be burdensome if done too early.
A Bridge Trust® combines the best attributes of domestic and offshore asset protection trusts. The Bridge Trust begins life as a domestic trust, making it simple to maintain and control. In the event of a crisis, the domestic trust converts to a fully triggered Cook Islands trust, managed by a Cook Islands trustee who is outside the jurisdiction of the U.S. legal system.
How it works:
- Sollertis has a long-standing strategic partnership with one of the most experienced and respected legal experts in offshore asset protection planning to make sure the asset protection structures are built correctly and legally.
- Through our partnership, we have strong relationships with banks and trustees in the Cook Islands who have worked with clients nationwide over the last 20 years.
- The Bridge Trust integrates seamlessly with the Sollertis Master Asset Protection Plan.