Holding assets in Israel |
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Authors: | Koren Gideon |
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Institution: | *Gideon Koren, Advocate, Ben Zvi Koren & Co, Law Office, 8, Ben Maimon Blvd, Jerusalem, Israel. |
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Abstract: | This article concerns the use of US asset protection trustsby non-US settlers. After considering the basics of US assetprotection trusts, it examines key issues including fraudulenttransfers, revocability, powers of appointment and the income,gift and estate tax consequences for non-US settlers beforefinally turning its attention to the issues of jurisdictionand the recognition and enforcement of foreign judgments. |
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