International Estate Planning Benchmark Assignment 8 Coursework

International Estate Planning Benchmark Assignment 8 - Coursework Example On the other hand, it is advisable for Cynthia to set up a trust benefit for her sons in the United States; this is because her children are likely to succeed her in running the business that is already in partnership. The benefit trust secures the business in legal angles. United States has set legal policies that consider foreign citizens. For instance, the fact that all states of the United States approve that definite asset of a debtor ought to and resolve to be protected from creditors. This and among other policies safeguard U.S citizens who have set up a business in foreign in countries. In addition, she cannot opt for Brazil as it is clear that the powers and responsibilities of trustees and the privileges of beneficiaries are recognized and applied to the laws of United States and not in Brazil. In fact, there is no country has that has better political stability more than the United States (Feldstein,