Tag Archives: offshore

What Is A Revocable Trust? – Advanced Offshore Asset Protection

  It’s known as a trust for a reason. You may want to protect your assets, gain some kind of tax advantage or pass on inheritance in a smooth way. Before setting up a trust, you need to decide the amount of control you want, which determines the kind of trust you need. What is a revocable…

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What Is A Discretionary Trust? – Advantages And Disadvantages

If you don’t already know how a trust works, take a look at a previous article, which explains what an asset protection trust is. Having a discretionary trust means, that beneficiaries don’t have any fixed entitlement to the trust fund. The trustee has discretion on how assets are distributed to beneficiaries, based on the instructions…

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The Panama Papers – What It Means For The Offshore Industry

Known as the Panama Papers, is a leak of more than 11.5 million files, from one of the largest offshore law firms in the world, Mossack Fonseca. The documentation was leaked by an anonymous source, to the German newspaper Süddeutsche Zeitung. The records reveal how a lot of powerful people, have used offshore structures to manage their…

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Already Have A Trust? How To Upgrade Your Asset Protection

The best way to protect assets today, is by using a trust structure. There’s no better situation to be in, than if you already have formed a trust. But the overall quality of protection all comes down to how everything was actually formulated, the drafting of the trust document, and how the setup works as a whole.…

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Offshore Asset Protection Or Insurance?

The way most people protect their assets, is by using insurance. It is recommended to have some kind of insurance in place, especially to pay for your legal defense during a lawsuit. But your policy does have exclusions, under certain circumstances you don’t have any coverage. It can feel comfortable to believe, and convince yourself that…

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Asset Protection Strategies For Real Estate Investors

A common way of investing, is buying real estate. But like with any other asset, it can be grabbed by someone else after a lawsuit. That is of course something you don’t want, it’s a very undesirable experience. Especially after all the hard work you have put into acquiring everything. What I will go through,…

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Offshore Asset Protection Trust Taxation – The Importance Of Tax Planning

Whenever the word ‘offshore’ is mentioned, a lot of people immediately start to think about grand schemes designed to hide away money, and evade taxes. That is of course something you can’t do, I would never recommend it. The main reason a lot of the public associate the offshore industry with those practices, is because of a…

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Why Bridge Trusts Don’t Work – Advanced Offshore Asset Protection

Whenever someone explains the concept of a bridge trust, it sounds a bit complicated, and maybe a more exclusive way of doing asset protection. The truth is, a bridge trust isn’t very complicated, and is actually a worse alternative than an offshore trust, and especially compared to the portable asset protection trust. If we take a…

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Offshore Bank Account Benefits – The Advantages Of Foreign Banking

You may have wondered why you should get an offshore account, instead of keeping all your money in your home country. I will go through a few of the many offshore bank account benefits available to you. 1. Safer Banking System For the most part the banking systems of the western would are overleveraged. Meaning…

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Why Domestic Asset Protection Trusts Don’t Work

I wanted to go through the difference between domestic and offshore asset protection. This is intended for Americans or people living in the US, who are thinking of protecting their assets. Using a domestic trust to protect assets is for the most part a ridiculous way to spend money, because you don’t get any real…

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