itself as a primary offshore jurisdiction for LLC formations, as opposed to other countries that are well known for IBC formations (British Virgin Islands) or trust formations (Cayman Islands). A Nevis LLC is often used in conjunction with an asset protection trust because it gives the creator of the trust direct control over the assets if the creator is listed as the manager of the Nevis LLC. This gives the creator added security in that it keeps the assets one step removed from the trustee of the asset protection trust. Because the managers and members of a Nevis LLC are not public information, the creator of the trust is able to assume control over the assets without disclosing his control on any public records. Channel Islands (Guernsey and Jersey) The Channel Islands have been long regarded as being the first jurisdictions to develop an offshore finance industry, each is often regarded as being one of the best quality jurisdictions to use. Fully compliant with anti money laundering laws, sharing taxation information with an increasing number of countries, modern case law indicate that creditors, who have a rightful claim, are able to freeze trust assets in the Channel Islands. Tax law initiatives in the UK have largely eliminated the tax advantages of British citizens placing assets in trust in the Channel Islands, which in the early years had been a source of business. While the Channel Islands enjoys a modern banking sector, most attorneys do not regard the Channel Islands as appropriate for asset protection planning(why?). The judicial systems of the Channel Islands are split into two distinct Bailiwicks. The Bailiwick of Jersey, and the Bailiwick of Guernsey (which includes the islands of Guernsey, Alderney Sark, and Herm). The legal systems in each island follows a dual system based on Norman-French codified law overlaid with elements of English common law. Whilst specialised training is required in order to practice law in each of the Bailiwicks, the Bar is not open to everyone, the quality of the judiciary is generally considered very good, if not very expensive. Regulation of Fiduciary companies and the related banking and investment services offered in the Channel Islands is also considered good to excellent. History The Channel Islands are a popular jurisdiction for the establishment of trusts for investment purposes, given the tax friendly obligations on trust income and assets and a robust tax law which supports