How Offshore Asset Protection is utilized in Asset Protection Planning 

Offshore Asset Protection is the positioning of your assets out of the reach of future potential creditors or judgments.

Wise offshore 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.   

Offshore Asset Protection does not include the fradulent 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.

A plan for the protection of assets 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 Loss Prevention Asset Protection 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 than ever before as a result of the increase in litigation in our society, more than 100 million cases a year in the United States alone.

Wether you are a professional, small business, or home buying, you need a plan to protect your wealth.  

Asset Protection can include both Domestic Services and Offshore Services.

Consider the case of the Sydney 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-defence.

The intruders Mother was also compensated $18,000 due to the shock she suffered when she became aware of her son's injuries.

Consider the case of the "Refrigerator Man". He strapped a refrigerator to his back during a running event. When the strap that was holding the refrigerator broke, he sued the manufacturer of the strap for the injuries he sustained, and was awarded $1.3 million by the courts.

Or consider the payout of $780,000 to a Texas woman who broke her ankle after tripping over her out of control toddler in a furniture store.

Remember the breast implant lawsuit case. The manufacturers of breast implants were sued over faulty breast implants and as a result the company filed for bankruptcy.

As in all cases of litigation the plaintiff will join in other parties to the litigation that it believes have a case to answer, even if they are an innocent party.

Well, once the company folded, the plaintiff pushed ahead to sue the Doctors that performed the breast implant procedures. And those Doctors that were not set up with an asset protection plan suffered financially.

Right accross the Western World, those operating as a Doctor, White Collar Profession, the Ownership of property, as a Director of a Company or in dealing with the General Public, are at risk and need asset protection.

Once a judgment is obtained at the courthouse, the sheriff will visit your home seeking to confiscate assets including your home, bank accounts, investments, auto, and any assets that are available to the courts to settle the judgment.

Where necessary, Offshore Services are also available to shield assets from future potential creditors and judgments. 

Domestic Services   Offshore Services   Do It Yourself   Consulting Services   Asset Protection Trust   Trust   Partnership   LLC   Corporation  
S Corporation   Living Trust   S Corporation Vs LLC   Limited Liability Company   Offshore Banking   Offshore Bank Account   Offshore Trust   IBC   Taxes   Foundation   Offshore Company