WELCOME TO THE BELIZE ASSET PROTECTION TRUSTS
Tru Wills and Trust are proud to be able to offer this valuable product to you our valued clients. The Belize Asset Protection Trust is one of the strongest asset protection vehicle available anywhere today and offers a whole range of benefits to individuals and companies alike.
The governing legislation for Belize Trusts, the BELIZE REVISED TRUSTS ACT 2000, is the most full-proof asset protection legislation in the world. Allowing the creation of incredibly sophisticated, flexible and creative instruments, effectively what the creation of these Trusts does so brilliantly is to allow for the legal ownership of your property to be distinguished and vested separately from any enforceable claims or rights to property and any other assets. These Trusts allow you complete protection, control and use of your Assets whilst ensuring they are safely out of the reach of creditors, prior legal heirs and all other liabilities.
Any foreign court order is not recognized in Belize because such foreign courts have no jurisdiction to issue orders against entities or structures in Belize. If a challenge is made to a Trust, such challenge must be made in the Belize courts. Furthermore, section 7(6) of the Trust Act states:
Where a trust is created under the law of Belize, the Court shall not vary it or set it aside or recognise the validity of any claim against the trust property pursuant to the law of another jurisdiction or the order of a court of another jurisdiction in respect to –
- The personal and proprietary consequences of marriage or the termination of marriage;
- Succession rights (whether testate or intestate) including the fixed shares of spouses or relatives; or
- The claims of creditors in insolvency.
For complete asset protection talk to us in the fullest of confidence about linking your IBC Company to a Belize Asset Protection Trust.
INSTANT PROTECTION
Unlike other jurisdictions Belize Trusts offer Instant Asset Protection – In many other jurisdictions there is a time limit placed upon the assets moved into TRUST to avoid various claims upon them, this is often a period of between 2 and 5 years, however this is NOT the case in Belize. Belize legislation concerning the reciprocal enforcement of judgments does not apply to a Belize Trust therefore any party wishing to initiate a claim against TRUST assets must commence fresh legal proceedings in Belize.
THERE HAVE BEEN MANY CLAIMS MADE AGAINST BELIZE TRUSTS – ALL WITHOUT SUCCESS.