Asset-protection trust
id:
asset-protection-trust-242-6108694
title:
Asset-protection trust
text:
In trust law, an asset-protection trust is any form of trust which provides for funds to be held on a discretionary basis. Such trusts are set up in an attempt to avoid or mitigate the effects of taxation, divorce and bankruptcy on the beneficiary. Such trusts are therefore frequently proscribed or limited in their effects by governments and the courts. The asset-protection trust is a trust that splits the beneficial enjoyment of trust assets from their legal ownership. The beneficiaries of a tr
brand slug:
wiki
category slug:
encyclopedia
description:
Trust which allows the beneficiary access to assets without legally owning them
original url:
https://en.wikipedia.org/wiki/Asset-protection_trust
date created:
date modified:
2023-09-14T17:48:05Z
main entity:
{"identifier":"Q4808780","url":"https://www.wikidata.org/entity/Q4808780"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5b/Shakespeare-Testament.jpg","width":3677,"height":4800}
fields total:
13
integrity:
15