Offshore protection is a big topic in asset protection. Belize, Cooks and various asset protection offshore strategies are discussed.
Domestic asset protection is any form of protection that relies on the laws of the United States for its ultimate security. This begins with the simple bankruptcy exemptions which are available to everyone and culminates with a Domestic Asset Protection…
What are they? The Panama Papers are the 2.6 Terabytes of information which an International Consortium of Investigative Journalists released which showed the true ownership of thousands of offshore companies. This included connections to as many as 150 global politicians…
The LLC is a fantastic legal tool for integrating assets and businesses into a full estate and asset protection plan. It is a relative newcomer to the legal scene and for a full discussion of the history and benefits of…
The First Challenge Protecting qualified retirement plans has always been a challenge for Asset Protection Planners. First of all, in many cases, these assets are already well protected. For example, assets placed in plans authorized by the Employee Retirement and…
The short answer is YES! For 20 years I have been advising clients that setting up sketchy offshore tax schemes is not in their best interest. I have often said: “If there was a real offshore tax plan that worked,…
What is an International Asset Protection Trust (IAPT)? What is a Domestic Asset Protection Trust (DAPT)? Do Special Power of Appointment Trusts (SPA) work for Asset Protection? What is a Section 541 Trust and does it work for Asset Protection?…
If you have invested in creating an Asset Protection Trust for the protection of your assets then it is critical that you understand an important change that occurred in 2005 regarding the inclusion of the Trust assets in a Bankruptcy…
Asset Protection can be accomplished in several different ways. The ultimate goal is to protect your assets, while leaving you in the position to both control them and have beneficial use and enjoyment. Over the past 20 years a lot…
I am often asked what happens when the Trust does need to actually remove the assets from both the U.S. jurisdiction, and the control of the clients. How can a client be sure that the new foreign Trustee doesn’t run…
Frequently Asked Questions About Offshore Trusts and Asset Protection Are offshore trusts legal? Absolutely. Generally speaking, trusts are some of the oldest legal tools in existence. They have been around for centuries, and courts have repeatedly upheld them as a…