DO OFFSHORE TRUSTS PROVIDE PRIVACY?
Confidentiality or privacy (not secrecy), although desired, is not required for an offshore trust to succeed in preventing a creditor from reaching the assets owned by the trust. The offshore trust may provide confidentiality as to the existence of the trust, the provisions of the trust, the assets in the trust and their location and other matters. However, the offshore trust and its details will probably be discovered in the event of a lawsuit.
