|
Asset
Protection, Offshore Asset Protection, Asset Protection Planning and
Asset protection Trust are essential considerations when protecting
assets.
Asset Protection is the positioning of your assets out of the reach of future potential creditors or judgments.
Wise asset protection
is essential, because when things go wrong and there is a lawsuit, the
law will not offer protection from the seizure of assets and potential
bankruptcy without the right plan.
Asset Protection does not
include the fraudulent transfer of assets in an effort to defraud
creditors after litigation has commenced, but well thought out
protection in advance of potential creditors or judgments.
The best asset protection plan often includes the formation of a corporation, company, LLc, trust, asset protection trust, partnership or a combination of these and offshore asset protection. Recent transfer of assets prior to litigation are generally not protected. Our Asset Protection Planning System is a Do It Yourself Solution for most small business and investors.
Why Do I Need Asset Protection
Asset protection is critical
because more people are facing financial exposure due to the sub-prime
debacle in the United States and the looming Global Depression. As a
result of these factors and the general business environment,
litigation is on the increase. The average business person will be sued
at least three times during their career. There is over 100 million
cases a year in the United States alone, making asset protection,
offshore asset protection and an asset protection trust, essential
considerations.
Whether you are a professional, small business, or home buying, you need a plan to protect your wealth.
Asset Protection may include both Domestic Services and Offshore Services.
Consider the case of the Hotel
owner whose house was broken into by an intruder. The intruder
successfully sued the hotel owner and was granted by the courts, a
$50,000 pay out for injuries sustained when the owner attacked the
intruder in self-defense.
The intruders Mother was also
compensated $18,000 due to the shock she suffered when she became aware
of her son's injuries. In this case, an asset protection trust or a
plan incorporating offshore asset protection may have protected the
Hotel Owner from Loss.
Where necessary, Offshore Services are also available to shield assets from future potential creditors and judgments. This is the best place to find a asset protection expert or asset protection consultant, for your needs.
|
