Can an American Court order the Trustee to turn over Assets?
No. The Trustee is subject only to the laws of the Asset Protection Trusts domicile. The Trustee is NOT subject to the laws (and Court orders) of the United States. Any attempt by a United States Court to gain control over assets owned by the Asset Protection Trust is considered to be an Event of Duress and the Trustee is legally required to ignore such orders. If a Trustee follows the directives of a U.S. Courts order, the Trustee will be violating the laws of the Asset Protection Trusts home domicile and may be subjecting themselves to both criminal and financial penalties. So the answer is that the Trustee will ignore the U.S.
Related Questions
- WHAT IF A COURT ORDERS ME TO BRING THE TRUST ASSETS BACK TO THE U.S., OR TO REMOVE THE TRUSTEE AND APPOINT MY CREDITOR AS TRUSTEE?
- Does the Court consider fault when dividing assets and debts, or when determining issues regarding the children?
- CAN A COURT FORCE ME TO BRING TRUST ASSETS BACK TO THE U.S. OR CHANGE THE TRUSTEE TO MY CREDITOR?