How to Be Sure Your Assets Are Safe Offshore

 

If you have been thinking about establishing a foreign trust for asset protection from litigation, you may be concerned about whether you can be sure your nest-egg is really safer offshore than in the U.S.

This is one of the most often asked questions by those who are seriously thinking about putting some of their money offshore.

The answer (or answers) is in this report.

This extensive report has evolved over a period of about three years, as an attempt to provide an answer to that question. The report is presently about 67 pages and is available in printed form for $47.00 -- shipping included in the U.S. or Canada. This report is unique -- to the best of the author's knowledge. No similar information is available from any other source at this time. The report is sold with a guarantee of a full refund if you are not satisfied for any reason. The report can be ordered by calling  913-362-9667.

This report is also available in html format on the paid subscriber's web site for the Offshore Press International Wealth Protection Report subscribers. This restricted web site includes numerous other research reports as well as extensive back issues of the Global Asset Protection Reports and the Offshore Tax Strategy Reports. By using our "e-store", you can have nearly immediate access to this and the other reports on our subscriber's web site. To subscribe online, go to http://store.yahoo.com/offshorepress/

Why Have Assets Offshore?

• Asset protection from litigation
• Protection from predatory forfeitures
• Access to foreign investments
• Foreign business ventures
• Political diversification
• Future expatriation
• Greater financial privacy
• Safer banks & insurance companies

• Fear and greed
• Inept advisors
• Con men and incompetence
• How much can you afford to lose?
• Asset protection and taxes
• Relative risk assessment
• Asset allocation/diversification
• Multiple structures
• Independent control over the foreign trustee
• Employ separation of duties
• Keep Assets in a U.S. Limited Partnership or Limited Liability Company

• U.S. grantor/settlor
• U.S. beneficiaries
• Foreign trustee
• Foreign trust protector

• How to find advisors you can trust
• U.S. asset protection lawyer
• Offshore trustee
• Offshore investment advisor
• Offshore asset custodian
• Offshore corporate manager
• Offshore protector

• Rely on U.S. lawyer?
• Select institutional A.P. trustee
• Select non-resident trustee with no affiliates in U.S.
• Select trustee in common law jurisdiction
• Select trustees that cater to the U.S. market
• Avoid trustees who are willing to forego asset control

• Powers and duties of the trust protector
• Using protector services to oversee foreign LLC managers
• Who should be a protector
• Protector should not be subject to U.S. jurisdiction
• Should you keep assets in a U.S. L.P. or L.L.C.?

• Common vs. civil law
• Language and customs
• Insurance statutes and services
• Extent of political corruption
• Political stability
• Available professional services
• Tradition of privacy
• Dependence on U.S. or U.K.
• Communications system and travel
• Cost of living and doing business
• Local taxesAsset protection trust law
• Limited liability legislation
• Protects self settled trust assets
• Favorable taxation for foreign trust
• Short statute of limitations
• Provides for solvency defense
• Other considerations

• Fraudulent transfers can be recovered
• Intent to hinder, delay or defraud a creditor
• Transfer without adequate consideration
• The solvency defense

• Exclude exempt assets
• Exclude transferred assets
• Value assets at fair market/liquidation (UFCA) value
• Apply discounts to restricted assets
• Deduct all known liabilities
• Include expected income available to pay debts