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EST. 1996

Strongest Asset Protection Structure in the World: Nevis LLC & Cook Islands Trust w/ Swiss Offshore Account

Switzerland offshore accounts

When it comes to asset protection, few financial tools can rival a Cook Islands Asset Protection Trust. These trusts provide unparalleled asset protection, privacy, as well as a hindrance to anyone foolish enough to try and bring a lawsuit your way. The best way to secure your assets and protect your financial well-being is to have a comprehensive strategy with multiple vehicles complementing each other. 

This is where you can enhance your asset protection plan by using a Nevis LLC in conjunction with a Cook Islands Trust. To add a third piece to the puzzle we use an Offshore Swiss Bank Account that is held by the LLC. We believe that this unique multi-jurisdictional approach that combines some of the world's strongest asset protection mechanisms (Cook Islands), together with a fiercely pro-business country (Nevis) together with the iron-clad banking secrecy laws of Switzerland make this a structure worth talking about.

In this article, we will explore some of the key features of all three of these powerful offshore financial tools, and how they can work perfectly together to bring you greater financial security, control, and privacy.  

The Rise of Virtual Banking and the Way Forward

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Traditional banks are rooted in a system that is slow to change and resistant to anything new. This conservatism has rendered the banking system slow to respond and integrate new forms of transaction. Banks have dragged their feet when it comes to updating their corporate and retail banking products with products that appeal to today's immediacy-obsessed consumers. 

Many traditional banks insist on sticking to a traditional banking model approach and as a result, may be left behind as much of the world embraces a new way of transacting and investing.

Differences between a Trust and a Foundation

crypto asset

Two of the most powerful financial vehicles available for asset protection and estate planning are Trusts and Foundations. Both of these vehicles provide a means to protect your assets while you are alive, and to secure them for easy transfer to your heirs upon death. 

While these two instruments have many similarities and common uses, there are also important distinguishing characteristics that set them apart. Deciding which is the ideal choice for you depends on various factors related to your personal circumstances and needs. 

Which European Countries are Crypto Friendly?

crypto asset

Europe has become the leading center for crypto adoption as the rest of the world is left trailing in its wake. Minimal regulation, lower taxes, and booming startup scenes have created several crypto hotspots across the continent.

If you are looking to find a country to nurture your crypto assets, there are five countries in Europe that may very well be the best places in the world to live as a crypto investor.

The Most Prevalent Estate Planning Mistakes and How to Avoid Them

Bay of Panama

Who needs an estate plan? If you own a car, a house, or an entire room full of comic books, then the answer to that question would be you.

You don’t even have to be married or a parent, although being either or both justifies the need for estate planning even more.

Unfortunately, many Americans don’t seem to be too keen on estate planning. According to a 2017 survey by Caring.com, only 42% of U.S. adults currently have a will, living trust, or any estate planning document.

Offshore Crypto Bank Account

offshore banking for crypto

Digital currencies are gaining a foothold in the world of finance and are slowly being integrated into the financial system. Though Bitcoin can be converted to cash through traditional financial institutions, people are still faced with many complications when dealing with conventional banks. 

The distrust is largely due to the unregulated and unpredictable nature of the crypto market as well as the ever-changing laws coming from governments and institutions as they learn how best to monitor and regulate the crypto space.

What Are the Different Types of Irrevocable Trusts?  

what are the different types of trusts out there

Trusts are highly effective financial tools used in estate planning, asset protection, tax optimisation, and more. There are numerous types of trusts, each with their own unique structure and terms. This makes them highly versatile instruments which can be used in a range of circumstances. 

A primary distinction is made between irrevocable and revocable trusts. In this article, we will briefly outline what an irrevocable trust is and its main benefits. We will then look at some of the most commonly used types of irrevocable trusts. 

How to Protect Assets from a Divorce

protecting assets from divorcee

Nobody likes to consider the possibility of divorce, but unfortunately, they are a far more common occurrence than we like to acknowledge. In fact, it is estimated that almost 50 percent of all marriages in the United States will end in divorce or separation.

It is easy to fall into the trap of believing that it will never happen to you, but the reality is that it very easily could. For this reason, it is better to be well prepared for the possibility, than have to try deal with the consequences after they arise. 

Cryptocurrency & Asset Protection: How to Protect Your Crypto?

crypto asset protection

The cryptocurrency and digital asset market has exploded over the past decade. Early investors have been catapulted from middle-class working citizens to mega wealthy in the space of a few years, and new entrants continue to amass large wealth through this up-and-coming asset class. 

Cryptocurrency is still in its infancy, is largely unregulated, and often misunderstood. As a result, there are various grey areas surrounding its classification, taxation, and how best to own and protect it. In this article, we will clear up some misconceptions about cryptocurrency, explain why it should be protected in the same way as other valuable assets, and discuss the best means for doing so. 

How to Buy A Crypto Citizenship?

crypto passports

The rise in demand for second passports, fueled in large part by the epidemic has created a surge of individuals looking to secure their freedom of movement.

Obtaining second citizenship can be difficult, expensive and a time-consuming process, however, thanks to ease of regulations, a fast-track application process and the ability to pay with crypto has made it a quick process that can be finished from start to finish in just over a month.

S Corp vs C Corp: What's the Difference?

c corp vs s corp

When incorporating a business in the United States, one of the primary decisions is whether to choose an S Corporation or C Corporation. While these two types of corporations have some commonalities in their basic structure, there are also some important differences to be aware of.

These differences primarily pertain to taxation and ownership requirements. The right type of corporation to choose will depend on the specific situation and needs of the business. 

Best Crypto Exchanges  

best crypto exchange 2021

Cryptocurrency and digital asset markets have exploded in popularity and growth in recent years. Many are seeing the exciting potential of this new asset class, and want in on the action. In the early days of Bitcoin and the wider crypto market, the options for buying and selling crypto in a seamless and affordable manner was limited. 

Fortunately, that has changed. Today there are now a multitude of excellent cryptocurrency exchange platforms where anyone from the complete beginner to the experienced crypto trader can easily buy and sell crypto at highly competitive rates. However, due to the fact that cryptocurrency is still a largely unregulated industry, it is important to carefully do your own research before diving in. There are still many scams out there, and not all crypto exchanges should be blindly trusted. 

A Guide to High-Net-Worth Estate Planning

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Estate planning is a difficult but necessary step if you want to generate wealth for your family. The challenge is the more wealth you have, the more difficult it is to get it right.

Estate planning can be quite complex. To make matters worse, the rules surrounding estate planning are constantly changing. This is especially true of tax laws and liabilities.

The best way to solve this is by implementing estate planning strategically and early on. By acting early, high net worth individuals can leave more for family members and future generations. Let’s look at some of the most crucial steps of good estate planning.

What Is a Land Trust?  

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Trusts are useful financial vehicles that can be used for estate planning, asset protection, privacy, and tax optimisation. There are numerous types of trusts, each with their own unique characteristics which serve different purposes. 

A land trust is a special type of living trust (i.e. a trust which comes into effect during the grantor’s lifetime) that is specifically used to hold real estate and/or related assets. 

Buy Real Estate Property Using an Offshore Company

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Offshore holding companies provide an ideal vehicle for holding real estate investments. As such, an increasing number of offshore companies are being registered for this express purpose. While in some instances it might make more sense to hold a property investment in your personal name; in most cases, registering an offshore company to hold the property on your behalf can provide significant benefits. 

In this article, we will explain what an offshore holding company is, how it can be used to hold real estate, why it is worth it, as well as some additional factors to consider. 

Land Trust vs Living Trust  

land trust

Trusts are special purpose financial vehicles that are designed to hold and safeguard assets for the benefit of one or more beneficiaries. The person who funds the trust is known as the grantor, and the trust acts as a separate legal entity that manages the assets which the grantor transfers. Trusts are widely used for estate planning, asset protection, financial privacy, and tax optimisation.

There are several varieties of trusts, each with their own unique features and use cases. Two of the most common and widely used types of trusts are that of a “Living Trust” and a “Land Trust”. In this article, we explain what each of these types of trusts are, and the benefits and uses of each.

Revocable Trust vs Irrevocable Trust  

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Trusts act as separate legal entities which an individual can form to manage his/her assets. Trusts are highly effective financial vehicles which are regularly used in estate planning, asset protection, tax optimisation, and more. There are two distinct types of trusts: a revocable trust (also called a “living trust”) and an irrevocable trust.

These two basic types of trusts have distinct features which make them comparatively more or less useful in different circumstances. Simply put, a revocable trust is one where the terms can be modified at any time by the owner of the trust, or even cancelled entirely. An irrevocable trust, on the other hand, is one that cannot be changed after it has been created without the express consent of the beneficiaries (and even then, limitations often apply).

Asset Protection from a Lawsuit: 7 Ways to Secure Your Money

protection of your assets

You've probably heard of lawsuits before. They're often talked about on the news and in the papers, as we never think it could happen to us. Often the first questions that come up are: what does it mean and how can I avoid them?

Many people are under the impression that they have nothing to worry about when it comes to protecting their assets. However, this is not always the case. If you get hit with a lawsuit and your assets are exposed you could be held liable and lose your entire life savings.

The best way to protect yourself from lawsuits is by creating an asset protection plan. This will allow you or your loved ones to maintain control over your property even if a lawsuit occurs.

Countries with the Highest Income Taxes in the World  

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Just as every part of the world varies in terms of culture, climate, standards of living, and political systems so too do their tax systems.

Each country has its own unique tax system with opportunities hidden if you know where to look. In high tax countries, governments seek to redistribute some of the wealth by placing progressive tax rates on the wealth as high as 60% in some places in Europe, in an effort to increase equality. The result that follows is often a flight of capital to low-tax countries where the wealthy move their assets overseas to escape the outrageously high tax burden.

Countries with No Income Tax

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You’re definitely not the only one who is tired of having a substantial chunk of your hard-earned income vanish due to exorbitant taxes. It’s no secret that many developed Western nations such as the United States, Canada, Australia as well as many European countries, levy massive income taxes on their high-earning citizens. 

How Trust Funds Protect Your Assets & Ensure they End Up in the Right Hands

trust funds

Trusts as financial vehicles are exceptionally flexible. They are one of the most useful devices you can employ to effectively manage your asset & wealth. Whether you are looking for asset and wealth protection or simply looking for a more efficient way to manage your taxes, the formation of a trust fund may just be the resolution you are looking for.

Best ICO Friendly Countries To Launch Your Initial Coin Offering

crypto countries

Initial Coin Offerings (ICOs) have gained massive popularity and adoption over the last decade due to their practical uses and advantages over other traditional ways of raising capital. They provide an incredibly simple and effective way for projects and startups to raise large amounts of capital quickly and affordably.

IPOs, on the other hand, are slow and cumbersome by comparison. It can take a long time to obtain the relevant regulatory permissions, and there are often high barriers to entry for smaller projects and startups. In this article, we look at some of the ways that ICOs can be used, and the best countries in which to launch a successful ICO.

Crypto Friendly Banks & FinTechs

crypto friendly banks

When it comes to Bitcoin and other cryptocurrencies, many banks around the globe steer clear. They often avoid or even ban the use of crypto in their accounts due to a perceived threat to FIAT currency and their operations as a whole.

They also tend to believe there is a high risk of fraud and money laundering when crypto is in use.

The Tax Benefits of Investing in Real Estate   

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People often get dissuaded from investing in real estate because of the high cost involved.

They may think that it is not worth paying so much money for something they are going to be taxed on anyways, but what if I told you there was a loophole?

How to Open A Bank Account No Creditor Can Touch

banks creditors cant touch

If you want to open a bank account that your creditors cannot touch, there are a few options to explore. While there is no guarantee that creditors will not seize your assets once it is discovered it is still possible to protect your assets through a number of ways.

The key here is creating a structure before you become involved in any legal situation as it is much easier to protect assets before a lawsuit is brought forward.

How to Protect Assets After a Lawsuit is Filed?

how to protect assets

There are numerous unpredictable risks to your personal assets. Most concerning are those associated with unexpected lawsuits (liability suits, divorce, creditor claims etc.). Having a solid asset protection plan in place can be a lifesaver when these unfortunate situations arise which threaten your valuable wealth. The best way to ensure your assets are well protected is to be prepared with a comprehensive asset protection plan well in advance. However, the reality is that many do not make the necessary preparations, and are left with their assets fully exposed in the midst of a lawsuit. 

How to Renounce Your US Citizenship?

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A rapidly increasing number of Americans have been renouncing their US citizenship over the last decade, reaching an all-time record of 6,705 in 2020. This trend has been accelerated by the stringent tax regulations which have been opposed upon US citizens in recent years, complications related to information sharing like FATCA, and various other complex factors.

Those considering following suite should be warned that it is not an easy process. There are complexities and costs involved in renouncing your US citizenship, and it can create additional tax burdens in the beginning.

Strategies on How to Hide Assets Legally from Litigation, Lawsuits & Lawyers

hiding assets

There are many reasons why you should hide your assets. High net worth individuals are not the only ones that might feel under constant threat of having their hard-earned wealth seized by the wrong hands. There are a variety of genuine threats to your money, including unexpected lawsuits, creditor claims, sour divorces, and exorbitant taxes, to name just a few.

In this article we will explore some of the more popular and effective ways to legally hide your money and assets from the wrong hands so that you can sleep well at night.

Offshore Company for Crypto Trading

overseas crypto structures

Technology has made it possible so that anyone with a bank account and internet connection can get access to any market with a few clicks whether its buying stocks, investing in precious metals, or trading in cryptocurrency.

These same advantages allow people who live and work in one country to conduct business in another instantaneously. This global movement of goods and capital gives individuals the opportunity to make the most of local laws in foreign jurisdictions.

Disclaimer: Offshore Protection strives to keep information on this website updated, however, laws and circumstances are subject to change. All information on this website is for reference purposes only and does not constitute legal or tax advice. Contact Offshore Protection for specific advice regarding your situation.



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