In the Headlines
May 22, 2012
Wealthy Americans Turn to Trusts to Shield Assets
Bloomberg
Executive-liability insurance is often the first line of financial defense for executives and directors caught up in litigation such as investor lawsuits. For others without such coverage, asset-protection trusts are the way many insulate their wealth from claims. According to Private Wealth Services Partner Joshua Husbands, trusts are “far and away the most popular strategy.”
READ: Wealthy Americans Turn to Trusts to Shield Assets (subscription required)