05/10/2023
The Santa Barbara County Bar Association Presents:
Drafting Considerations For the Asset Protection Trust
Often an attorney will utilize the trust form supplied by an offshore trustee company to expedite
the process of implementing an asset protection trust for the client. We have found serious
problems with such supplied trust forms. Quite frequently such forms do not take into
consideration U.S. tax consequences and other important matters.
This presentation covers the use of special provisions for asset protection trusts (applicable to
both domestic and offshore trusts). The discussion includes (examples): trust protector provisions
(an oversight facility) - what they are, sample language, how they are used, what they should
include; flight provisions (moving the trust from one jurisdiction to another) - what they are,
sample language, how they are used, when it is appropriate to use, what they should include,
mechanism to ensure its functionality; duress provision - what it is, sample language, how it is
used, what it should include, mechanism to ensure voluntary acts only; effect of discretionary
distribution /allocation provisions, and others.
Speaker: Howard Rosen
HOWARD ROSEN is an AV ® Preeminent™ rated Attorney and Certified Public Accountant practicing law
in Miami, Florida, as a shareholder (partner) in the firm of Donlevy-Rosen & Rosen, P.A. (the “AV
Preeminent” rating is the highest rating accorded by Martindale-Hubbell, an internationally recognized
independent attorney rating organization). Donlevy-Rosen & Rosen, P.A. is listed in Martindale-Hubbell& #39;s Bar
Register of Preeminent Lawyers.
Mr. Rosen served as an Adjunct Professor and lecturer at law at the University of Miami School of Law for
twenty years (1991 - 2010), was a guest lecturer at the University of Miami School of Business
Administration, and is an internationally recognized authority and frequent lecturer on the subjects of asset
protection, taxation, and estate planning. Mr. Rosen is the Chairman of the Asset Protection Committee of the
American Academy of Attorney - Certified Public Accountants (2004 - Present).
CLE
In Person presentation
at
The Colleges of Law – Santa Barbara Campus, 20 E. Victoria St., Santa Barbara, CA 93101
Date and Time
Wednesday, May 17, 2023
12 Noon - 1:15pm
Cost: $30 per person
Light lunch to be served
RSVP to [email protected]