Wake Up and Smell the Gunpowder

Asset Protection - Police State

On the evening of December 31st, 2011 the Obamessiah signed the 2012 NDAA (National Defense Authorization Act).  For those of you following the political news, you will remember that the president vowed to veto this bill because of sub-sections 1021 and 1022. These 2 sub-sections deal with the detention of terrorism suspects.  The NDAA grants [...]

Global Escape Hatch

FATCA-Offshore Banking Asset Protection

I want to begin this newsletter by wishing all of my friends, family and readers around the world a happy holidays.  There are a myriad of winter traditions celebrated around the world on a variety of days ranging from Saint Nicholas Day on December 6th, Hanukkah from December 20-28th, Catholic or Protestant Christmas on December [...]

What is Asset Protection?

rightwaywrongway

This week I felt it would be important to address the topic, “What is Asset Protection?”  While you clearly have some idea what is involved in asset protection planning, I frequently get this question or some derivation thereof. The quick and simple answer is that asset protection is a means of protecting your assets from [...]

Svetlana takes Victor to the Cleaners

Seychelles Company - Asset Protection

Asset Protection Planning Could Have Saved Victor a lot of Trouble Yesterday I had a conversation with a friend of mine about offshore asset protection planning and the PT lifestyle.  He didn’t understand why anyone would want or need a 2nd passport, a Seychelles company (IBC), or offshore bank account. Understandably, this is a common [...]

Pecan Pie, Gold, and Tryptophan Comas

gold turkey

Time for a Golden Turkey – Asset Protection Planning First of all, I want to wish a Happy Thanksgiving to all of my American readers.  I hope you all have a very enjoyable holiday filled with friends, family and tryptophan induced comas. I will keep this newsletter short and sweet.  Quite frankly there are probably [...]

What is your Escape Hatch?

Escape Hatch - Asset Protection Planning

Do You Have a Realistic Asset Protection Plan? Two weeks ago to the day I received a call from a friend of mine in the US.  Dave runs a motorcycle performance shop in North Carolina and called me to chat about business.  In the conversation he mentioned that he would be in Milan, Italy the [...]

Are You a Fascist Troll Lurking in the Shadows?

troll

Asset Protection – Is the US a Fascist Police State? This week I want to share with you two separate news items that are both frightening and disgusting.  The first one occurred just about two weeks ago and involves a court case where the CA appeals court approved cell phone searches during traffic stops.  The [...]