"How to Dramatically improve your offshore asset protection...Increase your family’s financial security...and boost your investment returns by setting up an Offshore Trust."
As the Central Banking fiat money system of modern jurisdictions becomes highly volatile and eventually crashes, asset protection will become critical because most assets held in these jurisdictions will lose up to 80 per cent of their value for the following reasons.
Reason one: I am convinced that the big spending policies of modern day jurisdictions will cause a global depression unsurpassed in the history of the world. You see prices during the 20th Century rose by 1000-3000% compared to prices during the 3 preceding centuries rising by only 100-300% per century. That's huge inflation right there. Our Do it Yourself Loss Prevention Asset Protection System will assist you to frame up a viable asset protection plan.
Can you afford to assume that all is well and that your assets will be protected in the event of a major protracted economic correction? On the basis of available evidence you can’t. As a result I urge you to prepare an offshore asset protection plan for your family and company assets and future income streams now through diversification offshore by utilizing an offshore trust.
By establishing an Offshore Trust, you will be well on your way to securing your future.
Reason two: The worldwide economy has been stressed in one country or another since the early 1990's, resulting in ailing banks, productive overcapacity, huge asset write downs, corporate failures and personal tragedy at an alarmingly high rate. Interest rates have been near zero in order to stimulate demand. Many financial institutions are facing financial disaster as the Economy slumps further. As an Asset Protection Group, we are mindful that some people may leave their asset protection plan unaddressed. It is time to address it now.
Reason three: When you establish an Offshore Trust you take the first most important step of diversifying part of your assets outside of the country of your residence. Diversification is a critically important strategy in asset protection. During a protracted economic downturn of the magnitude that I predict, exchange controls will be imposed by many governments restricting the flow of investments to a safe haven.
By operating an Offshore Trust you have the benefits of a sound political environment, a modern legal system, access to international banks, and excellent communications. It must be pointed out that these asset protection techniques are not predicated on placing assets beyond the reach of existing creditors that have a legitimate right to be paid, but rather to protect assets from future potential creditors.
We do not suggest the hiding of assets to avoid legitimate claims, the framing of secret agreements to avoid responsibilities or the fraudulent transfer of assets.
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No foreign jurisdiction has the power to order the trustee of an offshore trust to do anything. Therefore your local court cannot order assets be repatriated back to your country of domicile.
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Foreign judgments made against an offshore trust are not recognized by the courts in the jurisdiction within which the trust is located.
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As a result legal action has to be commenced in the courts within the jurisdiction of the situs of the trust, involving considerable expense to the plaintiff.
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A very short statute of limitations to challenge transfers to an offshore trust on fraudulent transfer grounds exists in some jurisdictions.
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Anti-duress provisions in the trust deed may be activated when a distribution or winding up of a trust is sought by a foreign creditor.
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Flight provisions drafted into the trust deed allow it to relocate to aanother jurisdiction.
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A foreign asset protection trust will allow US investors to invest in international markets without restriction.
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The Offshore Trust is an excellent vehicle to hold assets such as bullion, gold coins, cash, securities, property, boats,cars, antiques, copyrights, pension funds and companies.
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Although the Offshore Asset Protection Trust may reside in one jurisdiction, the assets of the trust may be in another.
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The APT will be established in a common law jurisdiction, conferring common law rights to the trust.
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Such a jurisdiction will have replaced the “Statute of Elizabeth” which is the Statute that fraudulent transfer laws in most western jurisdictions are based on.
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Foreign Courts don’t allow creditors to hire lawyers on a success fee basis. Therefore creditors must be prepared to pursue the Foreign Asset Protection Trust through the Court system of the trust situs at his own expense.
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An offshore APT will not be declared void, if the settlor/s retains the power to revoke the trust instrument, retains power over property, retains power to amend the trust deed, retains the power to benefit from trust property, retains the power to remove or appoint a trust protector or trustee, retains the power to direct the trustee or protector or acts as the sole beneficiary of the trust.
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The trust deed is drafted in such a way that allows specific powers be vested in a trust protector, duress provisions, flight provisions and spendthrift provisions restraining the voluntary or involuntary alienation of a beneficiary’s interest in a trust.
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Asset Protection Trust are useful in estate planning, avoiding disruption on death, the protection of special family members, preserving the family fortune, continuing the family business or political and country instability.
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A letter of wishes may be made by the settlor at the time the trust is established or may be changed at any time thereafter as a result of changing circumstances. A letter of wishes is not a legally binding document but would generally be exercised by the trustee.
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The trust deed is totally private and not for public viewing.
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The trust should not be invalidated as a result of the bankruptcy of the settlor.
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The protector of the trust should be a trusted friend or a professional advisor such as a lawyer or accountant.
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The protector should not be a resident of the country where the settlor or beneficiaries reside.
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For further protection the protector should not reside in the same jurisdiction as the trustees.
There is a lot of confusion surrounding where you should set up offshore. I want to give you 6 criteria you absolutely, positively must have in any Offshore Trust (APT) solution you obtain:
WARNING: Do Not Buy an Offshore Trust unless it meets the following 6 Criteria
One: Political Stability. The Legal System should be based on English Common Law.
Two: Modern Democratic Legislative Government and Business friendly APT legislation. This should encompass the following:
The settlor retains the power to revoke the trust deed, the settlor retains power over property, the settlor retains the power to amend the trust deed, the settlor retains the power to benefit from trust property, the settlor retains the power to remove or appoint a trust protector or trustee, the settlor retains the power to direct a trustee or protector, the settlor retains the power to act as the sole beneficiary of the trust, the trust should not be subject to inheritance tax, succession or gift taxes, or stamp duties with respect to transfers and foreign control regulations.
Three: Totally tax exempt income. There should be no inheritance tax, income tax, succession or gift taxes, or stamp duties with respect to transfers and foreign control regulations. But remember you may have to report your worldwide income, depending on you country of residence.
Four: Easy access by Air, land and Sea and proximity to major world centres.
Five: Excellent communications and professional support services including the provision of banking services from major recognised banks with no exchange controls on the flow of funds into and out of the country.
Six: The Statute of Elizabeth should be repealed allowing the transfer of assets to the trust without violation of any fraudulent transfer laws in other jurisdictions.