I recently learned that the U.S. is actually one of the top three tax and asset protection countries in the world. The Tax Justice Network ranks the U.S. third in terms of the secrecy and scale of its offshore industry, behind Switzerland and Hong Kong but ahead of...
In the last blog post, I mentioned that moving your assets out of the U.S. (for a U.S. citizen) to a trust under Cooks Islands law gives you enormous leverage. So how do you get over the hurdle that most people don’t want to send their assets to a strange trust...
The Full Faith and Credit Clause is found at Article IV, Section 1 of the U.S. Constitution. It states: Full Faith and Credit shall be given in each State to the public Acts, Records, and judicial Proceedings of every other State. And the Congress may by general Laws...
I’ve been doing asset production planning since 2004. (What is asset protection? It is the combination of various legal strategies to help shield a client from predator creditors, nuisance lawsuits, and generally losing one’s life savings as a result of an angry...
I’m 50 years old, but I think I’m turning into a millennial. Keep reading and you’ll see what I mean. My family is in the process of downsizing from a house to an apartment that’s half the size. (This is an update from a previous blog in which I said we were going to...