The weak link

November 06, 2013 at 12:31 PM
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There is not a lot of trust on part of regulators and forensic accountants when it comes to trusts. The vehicles, which were established in the 12th century to allow knights departing for the crusades to leave something behind for their loved ones with a responsible custodian handling the assets, have become an exotic and tricky instrument used by corporations to shield themselves from taxes. Perhaps, not for long.