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Podcast: Offshore Tax with HTJ.tax
Episode: Why Cook Islands Trusts Can Be Unsuccessful in U.S. Courts
Description: Cook Islands trusts are often described as legally robust under offshore law—yet some have still ended badly for settlors in U.S. courts. In this episode, we explain why these outcomes occur, what courts are actually enforcing, and where the real risks lie.🔎 What You’ll Learn in This Episode:1️⃣ Why the Assets Often Remain Protected—Yet the Settlor “Loses”In many U.S. cases, the trust assets themselves remained protected under Cook Islands law and were not seized by creditors. The problem arose because U.S. courts focused on the conduct of th...