Are Liechtenstein’s trust laws fit for purpose?

In Liechtenstein, a trustee’s victim said once, the beneficiaries [of a trust] have no rights. If a trustee is stealing your money, you can bang your head against a wall and it will help more than a court in Liechtenstein. This article, published in 2018 in the Financial Times, impressively illuminates the systematic weaknesses of the legal situation. Even though the 2020 amendment of the law brought some changes, the criticism described here is still relevant.