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Can the IRS levy a foreign trust? The answer is simple — no, they cannot. But that doesn’t mean a foreign trust is a tax loophole or a way to dodge the IRS.
In this video, Attorney Jim Daloisio, Director of Legal Services at Torchlight Tax, explains exactly how IRS levies work, what makes a foreign trust different, and why offshore asset protection trusts can be powerful — when set up correctly and for the right reasons.
You’ll learn:
✅ Why the IRS can’t levy assets held in foreign trusts like those in Belize, Nevis, or the Cook Islands
✅ How jurisdiction and local trust laws protect assets from U.S. creditors
✅ Why timing and intent are critical when creating a foreign trust
✅ The difference between legal asset protection and illegal tax evasion
✅ How foreign trusts can safeguard your wealth and retirement security
A properly drafted Foreign Asset Protection Trust (FAPT) can help protect your hard-earned assets from lawsuits, creditors, and even IRS collection efforts — all within the law.
👉 Contact Torchlight Tax for a free consultation:
📞 877-758-7797
📧 info@torchlighttax.com
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