No matter what you own, someone can take it away in a lawsuit that is why asset protection is so important. Keeping your assets has turned into a big time legal specialty because too many people just want to sue you to see what they can get; and you’d be surprised what they can get! [...]
Asset protection is far more than trying to hide your wealth in off shore accounts. All assets need some form of protection but it doesn’t need to be expensive, complicated, or intimidating.
Since we live in a country that is ’sue happy’, anyone can have someone come after them for their assets whether it’s their house, [...]
An offshore IBC, or ‘international business company’ is simply a company that is set up out of your main country of residence. There are many benefits of having an IBC. Here are just a few of the main ones. First of all, you will get relaxed taxation liability. These companies can be created in countries [...]
There are many individuals looking for onshore asset protection but they are not aware that they can achieve this in conjunction with offshore entities. One of the best ways to achieve onshore protection is by adding offshore elements to the structure such as an IBC to hold liquid assets. In many cases those who wish [...]
With all of this talk about the G20 wanting to end banking secrecy leaving asset protection as the only one way one can actually continue to keep their personal assets private. By placing assets under the name of an offshore company in which the director is not divulged to the registry is one of the [...]
The current features allowed by the IBC Act for a Belize Company are very attractive as well as flexible. One of the main features of an offshore company established in Belize is that they are relatively widely accepted by both onshore as well as offshore jurisdictions. Belize law has allowed for international business companies to [...]
One of the most important challenges the offshore industry has been faced with is asset protection for US Citizens. Due to the ever changing and “en contra” mentality that law makers have towards the offshore industry in the US it has always been a challenge to provide US Citizens as well as residents with a [...]
Its not hard to achieve asset protection when proper planning is undertaken before taking the necesary moves in order to protect what is rightfully yours. Asset protection is pretty simple to put into place when the following points are taken into consideration:
1. Define what it is that you want to protect. – It is important [...]
There are those who bank offshore and there are those who decide to own an offshore banking business. Did you know that owning and operating your own offshore bank could be a very profitable endeavour? There are individuals as well as small groups of wealthy friends and business associates who open offshore banks every year. [...]
When it comes to asset protection most people think that it is an activity based on complicated legal entities as well as”tricks” used to hide one’s belongings and cash. Protecting one’s assets can be as simple as establishing a safety deposit box in a local bank and can be as complicated as several trusts with [...]
