APGI Offshore Asset Protection Strategies
An Introduction to Offshore Asset Protection :
Because of the litigation explosion in the U.S. and elsewhere, individuals, professionals and small business owners are forced to focus on new ways to protect their savings, investments and other accumulated assets that may be attractive targets for trial lawyers. This is why offshore asset protection, offshore investing and other offshore asset protection strategies are so important.
Planning offshore investing strategies:
Many legal systems today are structured in favor of plaintiffs and against defendants. Because of this an environment has been created which fosters the filing of spurious lawsuits, the average business owner or professional may be sued several times during his or her lifetime, thereby facing the possibility of being on the receiving end of a damaging judgment. Failure to plan for such circumstances can result in the instant loss of a lifetime of accumulated wealth. Once a lawsuit has been filed, or one is anticipated, many current legal systems will not allow assets to be moved and often times freezing accounts. By planning your offshore asset protection structure now and putting into place offshore asset protection and offshore investing strategies based on your particular needs you may be able to avoid such incidents.
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Finding Your Assets:
Any smart lawyer for plaintiffs only prosecute cases they believe will pay off, not cases against judgment proof defendants. A lawyer can easily find out if you have something of value by using services which are available to them that can provide a detailed account of personal and/or business bank accounts, property ownership, investment holdings, income, savings and many other facts relating to your financial well being. The only hope of getting the plaintiff's lawyer to accept a token settlement is to convince the lawyer that the defendant's assets are truly beyond the lawyer's reach.
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Corporate Ownership:
One of the ways in which you can minimize the chances of losing assets is by becoming a smaller target and using offshore asset protection and asset protection strategies like offshore investing. In order to become a smaller target you must reduce the size of your estate so that you are no longer the legal owner of the assets to be controlled and enjoyed. In order to reduce your assets one can use a simple plan. You may use an offshore asset protection structure and implement asset protection by using offshore investing strategies to remove as many assets out of your personal name as possible. One of the best ways to achieve this is by transferring money, investments and assets into a corporation, a legal entity that you control.
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Offshore Asset Protection:
Many individuals and companies choose offshore jurisdictions to plan and implement their offshore asset protection strategies for one simple reason. Difficulty! A smart lawyer would not waste his time in trying to recuperate assets in which he has no jurisdiction over. He as well as his client would have to spend hours upon hours and large sums of money in investigating the whereabouts of your assets. Even if they were able to locate said assets then they would have to begin a long legal process overseas which would cost a fortune as well as involve traveling abroad.
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Who needs Offshore Asset Protection?
In order to give you a better idea of just who may need offshore asset protection we have compiled the following list. If you are not on this list this does not mean you are not a good candidate for offshore asset protection.
- Anyone who has a positive net worth.
- High profile individuals.
- High risk professionals
- Doctors
- Lawyers
- Pilots
- Accountants
- Veterinarians
- Consultants
- Ship Captains
- Anyone facing or contemplating a divorce.
- Small business owners.
- Large companies.
- Anyone who just wants to protect what is rightfully their’s.
APGI offers a wide range of offshore asset protection services based on tried and test asset protection strategies. In order to better meet the needs of our clients we offer two different ways in which you can implement an asset protection strategies plan. We offer a selection of customized offshore asset protection packages for individuals and companies who already know what they need. For the individual or company in need of a detailed and customized offshore asset protection plan based on particular asset protection strategies we suggest that you contact us for personal assistance.