Can Creditors Trace My Assets Through a Trust?
Licensed trust custodial services act as a protective wall for assets, with strong confidentiality advantages. According to the Recognition of Trusts Ordinance (Cap. 76, Section 2, Section 11, Schedule 2), trust property is independent and does not form part of the trust company’s own assets; it is managed by trustees under specific terms. If the trust has a legitimate purpose and has been established for more than five years, the likelihood of assets being pursued is very low.
This not only shields your wealth from creditor interference but also strengthens your risk defenses, ensuring your assets remain steadfast amid legal storms.