
In most cases, when an individual who creates and transfer assets to a Trust (the maker or "Settlor" of the Trust), is also a beneficiary of that Trust, the Trust provisions will not protect the Settlor/beneficiary's creditors from reaching the assets of the Trust. On the other hand, the law of many foreign jurisdictions provides that when a Settlor transfers assets to an Offshore Asset Protection Trust that Trust can protect the assets of the Trust even though the Trustor is a beneficiary of the Trust.....