Consultations and Ordering: +1-800-830-1055 | 1-661-310-2931
Consultations and Ordering: +1-800-830-1055 | 1-661-310-2931
Asset Protection Planning
is proactive legal action that protects your assets from threats such as creditors, divorce, lawsuits and judgments. Call now to let our attorneys help you.
The strongest Asset Protection you can establish is an offshore strategy involving an LLC and a Trust. What offshore asset protection does, is it removes your entire asset portfolio out of the U.S. legal system. You essentially put your assets into a legal system that has the strongest asset protection laws in the world.
With this type of asset protection plan, you are in 100% control of all your assets. When there is time of legal duress, the offshore Trustee can step in to protect you. The Trustee is not subject to your local court orders. So they can refuse to comply with demands to bring back the funds. A trust protector,who you designate to supervise the asset management, can oversee the trustee. Meanwhile, you can advise the trustee as to how you want the trust company to invest your assets.
Establishing an offshore trust in the Cook Islands or Nevis is one of the strongest asset protection strategies. When you have an offshore asset protection plan, it ties the hands of the local judge. They do not have jurisdiction over foreign trustees. Plus, a legal opponent must then get through tremendous legal hurdles to threaten your wealth. Your assets are located in another jurisdiction. This means that if your legal enemy pursues them, they must pursue them in that jurisdiction and through its legal system. Now your legal enemy has to post tens of thousands of dollars so that a committee will review the case. The committee assesses if they will even allow their courts to hear the case.
This means that they first have to pay a sizable deposit, up to $100,000 in Nevis. Then they have to hire local representation and cannot have their attorneys work in the foreign jurisdiction. This is generally enough to deter most legal pursuits. However if the case does go to court, there is a statute of limitations.[1] The case is either opened and closed in 2 years, or it is thrown out. These are huge legal hurdles to overcome and the time. The costs and odds of winning are so steep that your assets are likely to avert the attack. We have never seen assets seized from an offshore asset protection trust that we have established.
As an alternative to the offshore asset protection trust, there is a legal too exclusive to our organization called the Trigger Trust TM. The trigger trust is an offshore/domestic hybrid. When legal bullets get too close your co-trustee can trigger the built-in offshore component of the trust.
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