Family trusts are used in most English law jurisdictions to provide protection of core wealth across generations against financial misadventure. This objective is continually under threat from a number of various new laws extending creditor rights and remedies.
The key role our directors have played in the inception and development of Cook Islands asset protection legislation, together with their litigation and management experience over the last 25 years enables us to provide the following special services.
The FSC will licence a foreign trustee to carry on trustee business in the Cook Islands without establishing a physical presence if it enters into an approved managed trustee company services agreement with a resident trustee company.
The shareholders and directors of Trustees and Fiduciaries are Reuben Tylor and Iaveta Short, both New Zealand qualified lawyers and long term residents in the Cook Islands.
Reuben Tylor pioneered and developed the first asset protection legislation for which the Cook Islands is the dominant international jurisdiction.
Has been involved in offshore industry since inception of industry in 1982. A former cabinet minister, Iaveta was awarded the Order of the British Empire in 1997.