Miami Attorneys Visit Cook Islands to Discuss International Trusts Act

MIAMI, Aug.14, 2014 /PRNewswire-iReach/ -- Patricia Donlevy-Rosen and Howard Rosen, partners of the law firm of Donlevy-Rosen & Rosen, P.A., whose practice focuses on offshore asset protection planning, just returned from their 15th trip to the Cook Islands, the premier asset protection trust jurisdiction. The country's connection with New Zealand results in a high degree of economic, political and social stability that cannot be claimed by many other competitor offshore jurisdictions.

During their stay, Patricia and Howard engaged in discussions with trustee companies regarding suggested amendments to the International Trusts Act (the Cook Islands asset protection trust law). In addition, Howard and Patricia presented a continuing legal education program on offshore trusts and asset protection to the attorneys at Southpac Trust Company, the oldest and largest trust company in the Cook Islands. 

"We feel that is very important to visit the Cook Islands regularly," stated Mr. Rosen.  "As this country is integral to our business, we like to stay personally connected and update ourselves on the country's latest developments so that we can best serve our clients."

The International Trusts Act 1984 (ITA) is the cornerstone of the Cook Islands offshore industry. Highly regarded amongst attorneys, the ITA has been tested many times before the High Court of the Cook Islands in some very challenging cases.  The ITA's strength lies in the balance it strikes between the rights of creditors to challenge the establishment of an international trust based on a fraudulent transfer allegation on one hand, against the asset protection qualities provided by the ITA on the other.

Earlier this month, Patricia and Howard authored an article in the Daily Business Review surrounding the right of individuals and businesses to engage in asset protection planning without the fear of being incarcerated for contempt.  The Daily Business Review is the primary tool, information source and communication forum for South Florida lawyers and business professionals who routinely engage in deal making, client development and business negotiations.

About Donlevy-Rosen & Rosen, P.A.

Donlevy-Rosen & Rosen, P.A. is law firm with a national practice focused on asset protection planning and offshore trusts. Attorneys Howard Rosen and Patricia Donlevy-Rosen co-founded the firm in 1991, and have since become internationally recognized authorities in the field of asset protection planning. On the web: http://protectyou.com.

About Patricia Donlevy-Rosen, Esq.

Donlevy-Rosen is the author of "Asset Protection Planning," a Tax Advisors Planning Series book published by Research Institute of America. She concentrates her practice in the protection of immovable assets such as real estate. Full bio: http://trustne.ws/pdr.

About Howard Rosen, Esq.

Rosen, an attorney and Certified Public Accountant, is the founding author of the BNA Tax Management Portfolio "Asset Protection Planning" (1994, 2002), and is considered an authority on offshore asset protection planning. Rosen was an adjunct professor at the University of Miami School of Law for twenty years. Full bio: http://trustne.ws/hdr.

Media Contact: Sam Phillips, Donlevy-Rosen & Rosen, P.A., 305-447-0061, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Donlevy-Rosen & Rosen, P.A.