By Patricia Donlevy-Rosen

Married Couples Face Major Setback in Shielding Assets from Creditors

Howard Rosen, Esq. • December 13, 1996

Juan E. Planas, a recent Florida bankruptcy case, changed the rules of the game for married individuals hoping to save their assets if one spouse declared bankruptcy. Before that case was decided, if you owned properties with your mate in what is termed “tenants by the entirety”, you could be reasonably comfortable that those properties would be safe from your spouse’s creditors if he or she ever declared bankruptcy.

New Cook Islands Legislation: Fine Tuning the Law

Howard Rosen, Esq. • November 15, 1996

The new law abolishes the common law “rule against perpetuities”. This means that a “dynasty” trust can now be established in the Cook Islands. Thus, you can establish a trust in the Cook Islands which will continue indefinitely.

Tenancy by the Entireties: Protection No More!

Howard Rosen, Esq. • September 1, 1996

This issue was scheduled to be a review of Barbados. However, a decision in a recent case which may put at risk certain “do-it-yourself” protection techniques was handed down, and is discussed in this issue.

Review of Offshore Jurisdictions (Part 2)

Howard Rosen, Esq. • July 1, 1996

With this issue we continue our review of selected offshore jurisdictions. As indicated by the above subtitle, in this issue we will review Anguilla.

Review of Offshore Jurisdictions (Part 1)

Howard Rosen, Esq. • January 1, 1996

With this issue we begin a periodic review of selected offshore jurisdictions. These reviews will cover such factors as the legal system, the geographic location, communications facilities, availability of professional services, and other items we deem pertinent.

Fraudulent Transfers Revisited

Howard Rosen, Esq. • October 1, 1995

For years now we have stressed the importance of implementing asset protection strategies before any type of claim or threat of litigation arises. Why is advance planning continuously emphasized?