The International Wealth Protection Monitor

The International Wealth Protection Monitor is a twice monthly email newsletter that monitors current news about risk management, asset protection and taxation from dozens of print, email and web based publications. It is issued about twice a month, subject to my work schedule involving tax return deadlines.

Three years ago, I decided to discontinue publishing my three email newsletters because there were so many free email newsletters coming out. But things change fast in Cyberspace.

Now, it’s become a problem to keep up with all the free webzines and ezines about any single subject – let alone to keep up with the significant news about domestic and offshore asset protection and related international and domestic tax laws.

I’m therefore publishing an email NEWS letter that will MONITOR a variety of print and Internet publications and web sites that include significant news about wealth protection – which includes protection from excess taxation. I’ve chosen the name International Wealth Protection Monitor (IWPM) to clearly show that this publication will monitor and survey news about wealth protection – both domestic and offshore.

The IWPM will also include news and announcements about additional material on the subscribers’ web site and about revisions to any of the information on the web site.

Venturing offshore may be a good thing for some folks, but on the other hand, it may be bad for others. And for those who get deceived by some of the crooks in the offshore game, it could turn out to be downright ugly. For nearly any argument or point of view, there is a contrary point of view. Promoters and sales people rarely present the other side of any point they are making. They believe it is up to the buyer to beware and to be diligent in evaluating claims of high returns, safety from creditors or sizeable tax savings. My goal is to help those who want to explore the other side of the issue.

There are a number of organizations, publications and web sites that are strong advocates of investing offshore, of adopting asset protection arrangements or of adopting various income and estate tax arrangements. I don’t happen to agree that going offshore is the best solution for everyone any more than I agree with those who argue that there are no good reasons to go offshore. I don’t believe that any particular investment, asset protection or tax avoidance strategy is best for everyone. Nearly every investment, business or financial choice involves some potential advantages and some potential disadvantages. I certainly don’t agree with the politicians who argue loudly that individual or corporate expatriation is immoral or treasonous, but that doesn’t mean that giving up U.S. citizenship (or domicile) is without some significant problems.

Although I have an unabashed suspicion of government at every level, that doesn’t mean I believe that every individual or business is necessarily pure in motive and action. Although I’m a registered Republican, there are quite a few aspects of the conservative position movement that I can’t support. I’m neither a die hard conservative nor a torch carrying liberal. And while I am registered to vote as a Republican, I often vote for Democrats as the lesser of evils.

Does that mean I never make up my mind and come to a decision? Hardly. I just prefer to look at the alternatives before making a decision and I hate to make financial decisions on the basis of some political measuring tool or the claims of a sales person. I don’t care about being politically correct whether I’m being measured by the left or by the right. That’s what I try to bring to the reports and books I write, to the advice I provide to clients and to the content of this newsletter.

Most of my long time subscribers have told me they appreciate the way I look at the good, the bad and the ugly side of various issues. I hope that’s what you seek because that’s what I will deliver to you this year and future years.

Subscriptions to the International Wealth Protection Monitor includes
access for a year to the On-line International Wealth Protection Library.

Subscriptions are $195/year for payment by telephone orders. A $70 discount is availalble for subscriptions through our secure online store or for payment by check or money order.

New subscribers can deduct the full cost of the subscription from the $300 fee for a phone consultation with Vernon Jacobs during the first month of a subscription.

To subscribe online with a secure credit card processing service go to www.offshorepress.com/wealthprotect.htm

Vernon K. Jacobs
Editor & Publisher
Offshore Press, Inc.

Editorial Advisors & Correspondents

J. Richard Duke, JD, LLM,
Gideon Rothschild, JD, CPA, CFP,
Jay Adkisson, JD
J. Ben Vernazza, CPA, PFS