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, [...]
It seems like the recent meeting of the G20 has a bunch of old men in suits very uptight as they have set their minds to destroying asset protection as we know it. These individuals have decided to come after the offshore industry with one thing in mind, that being the other in complete destruction [...]
It seems like the crackdown on offshore asset protection as well as company incorporation and bank accounts has been set aside and the current scandal involving centralized health care is taking over the agendas of the US. Since the current president is famous for making a mess out of everything that touches, it seems that [...]
Everybody is talking about town hall meetings in order to iron out people’s differences and sell the masses on health care reform as well as a plethora of useless bills and schemes. Why don’t people begin to hold town hall meetings concerning the use of offshore asset protection in order to spread the word on [...]
Many people are not aware that the US is considered as the largest offshore asset protection and tax haven in existence. Due to legislation in such states as Delaware, Nevada, and the lack of taxation on funds deposited into a savings account, the US provides one of the best offshore legislation in the world. It [...]
Doctors and Physicians are probably one of the largest groups of professionals who are in need of offshore asset protection and fast! With Obama’s new “8 Keys to Health” Plan there may be a rise in the number of malpractice suits brought against doctors as well as other health care professionals due to the lack [...]
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 [...]
It is relatively easy to set up an offshore bank account. Unlike onshore banks, offshore banks have additional requirements in order to verify that the end user is who they claim to be. This is known as KYC or Know Your Client. In most cases banks require that a potential client provide basic information [...]
