Crypto and Cook Islands Trusts: Attorney Perspective
This video explains why most U.S. crypto holders do not need expensive offshore structures like Cook Islands Trusts.
It shows how to build a safer, more practical plan for digital wealth. Max Dilendorf draws on years of crypto theft, SIM‑swap, and exchange‑loss cases.
He explains key risks of offshore trusts: loss of control, weak “impossibility” defenses, 10‑year bankruptcy clawbacks, surprise tax events when funding foreign trusts, and heavy reporting penalties.
The video then covers better options for U.S. and international clients. These include revocable living trusts for digital assets, Domestic Asset Protection Trusts in Nevada, Wyoming, South Dakota, and Alaska, and carefully selected offshore tools when they truly fit the client.
The focus is on pairing strong custody—like institutional cold storage or multi‑sig wallets—with a tailored estate and asset protection plan. The goal is to protect crypto during life and transfer it cleanly to heirs.
For help with crypto estate or asset protection planning—domestic, offshore, or hybrid—contact Dilendorf Law Firm at info@dilendorf.com or 212.457.9797 for a confidential consultation.
Disclaimer: Attorney Advertising. This video and description are general information only. They are not legal, tax, or investment advice and do not create an attorney–client relationship. Laws change, and results depend on specific facts and jurisdictions. Always consult your own legal and tax advisors before acting on any strategy.
