The Best Asset Protection Attorney
If you are a high-net-worth individual looking into potentially setting up an asset protection plan, you are probably hoping to find the best advice possible. But finding the best asset protection attorney might prove a challenging task. The internet is full of websites with advertisements and information regarding asset protection and related legal services, often […]
How Much Money Do You Need to Have for an Offshore Trust?
If you’re looking for a way to guard your assets against lawsuits, business disputes, and creditors, setting up an offshore trust can be a smart choice. You may wonder, “How much money do you need to have for an offshore trust?” The short answer is that it depends. Some jurisdictions, trusts, and offshore trust service […]
How to Move Assets into an Offshore Trust (and Why You Should)
When you think of offshore trusts, images of shady corporations stashing their money away to avoid taxes or commit financial crimes may come to mind. Although offshore trusts sometimes are portrayed negatively in movies and the media, they actually offer a legitimate and legal way to protect your assets from creditors, divorce, and other entities […]
When Do You Need an Offshore Trust To Protect Your Assets?
Do you have several high-value assets? Are you in a field like medicine, engineering, or a different high-income industry where you could face judgments in lawsuits? When do you need an offshore trust over other asset protection measures to guard your real estate, investments, cryptocurrency, and other assets? Offshore trusts maintain your assets in foreign […]
Real Estate Asset Protection Attorney
When you own property, one mistake can put everything you’ve worked for during your lifetime at risk. Many people believe that an insurance policy can protect them from lawsuits, settlements, and debt payments, but policy limits and claim exclusions can leave your real estate holdings vulnerable. A real estate asset protection attorney can help protect […]
Equity Stripping Asset Protection: How Does it Work?
Equity stripping asset protection strategies provide a brilliantly simple yet effective way for debtors to shield their assets – often real estate – from creditors. Below, we go into detail about the practice of equity stripping, including how it works, different strategies, benefits and drawbacks, and common misconceptions. While equity stripping may sound straightforward, it’s […]
Strategic Default: When Is It Worth It to Walk Away?
As the housing market becomes more tumultuous, many homeowners debate whether it’s worth it to continue investing in their properties. Housing prices fluctuate often. When market prices decrease, some individuals may end up with a mortgage balance that exceeds their home’s value. Even if they can afford the monthly cost, some homeowners choose to halt […]
Cayman Island Trusts
The Cayman Islands is one of the leading jurisdictions for the formation and management of trusts. STAR Trusts are a special type of trust\authorized under the laws of the Cayman Islands. STAR Trusts have several different uses and features that set them apart from trusts in other jurisdictions. This article will discuss the main characteristics […]
How To Protect Real Estate From Lawsuits
Whether you own rental property or want additional protection for your personal residence, there are several solutions available to protect real estate, including irrevocable trusts, offshore trusts, limited liability companies, and equity stripping. Your business and personal liability could cost you more than just money and other assets if you receive a judgment in a […]
Does Trump Need Asset Protection?
Former President Donald J. Trump is certainly no stranger to controversy. Both his presidential campaign and his time in the White House kept him and his family constantly on the news. Now, as he faces indictment in New York, it is an interesting question whether Trump should consider asset protection. Let’s do an analysis of […]