August 9, 2011
Gideon Rothschild, co-chair of Moses & Singer’s Trusts and Estates practice and chair of the Asset Protection practice, was quoted in the August 9 edition of the Wall Street Journal's "Getting Personal" column concerning Hawaii's entrée into asset protection trusts. Below is an excerpt from the article. To read the full article, please click here.
"The trusts have been criticized in the past as a way to let some wealthy people shield themselves unfairly. But Gideon Rothschild, a partner at New York law firm Moses & Singer, and a known expert in the field, says there is a distinct trend to accepting the trusts now. That will only speed up if a few big states 'come on board' in the next few years. Illinois and Texas are possibilities, he adds."