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Liechtenstein
is a civil law jurisdiction
which has enacted a trust
law. It has a one year
statute of limitations
for trusts settled without
intent to harm creditors.
It is well known for
its secrecy laws and
currently, in its mutual
fund business alone,
controls more than Pounds
70 billion, "rather more" than the entire trust industry of the United Kingdom. Recently Liechtenstein
received some very bad
publicity when it emerged
that Robert Maxwell used
a series of secret trusts
in Liechtenstein to steal
more than $450 million
of pension money.
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