06/10/2026
Do you need an offshore trust to open an offshore bank account? Attorney Jon Alper explains the relationship between offshore trusts and offshore banking. While having a trust is not always strictly required to open a foreign bank account, the two often go hand in hand in an asset protection plan.
Jon discusses how the trust and the bank account work together, what the process of opening an offshore account looks like, and why the combination of a Cook Islands trust with an offshore bank account provides a stronger layer of protection than either one alone.
Learn more: https://alperlaw.com/offshore/cook-islands-trust/