Offshore trust tax treatment is pretty specific in the United States. You should consult a certified public accountant (CPA) experienced in offshore trust taxation to be sure your assets are adequately protected in an offshore trust, be it a Nevis Offshore Trust, a Cook Islands Asset Protection Trust, or any other analogous structure. A brief concluding remark, any person with US business ties will have tax liabilities on their bank accounts, including, inter alia, offshore trust interests.