Want to Stash Cash? Try Alaska and Nevada

When people think of tax havens, they usually picture the Swiss Alps or Caribbean islands. But traditional venues like Switzerland, the duchies of Lichtenstein and Luxembourg and Caribbean paradises like the British Virgin Islands are finding competition from the U.S., where lawyers in seven states, such as Nevada and Alaska, are muscling in, looking to grab business from the world's wealthy. They're peddling the concept of a "self-settled spendthrift trust," an irrevocable trust that is...Full Story
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