Your investments are your future. But years of careful financial planning and asset-building can fall to pieces without proper protection. Complex legal systems that create confusion make planning vital. Our knowledge of those complexities can save you years of frustration and pain. Designing protection for your investments now can mean a more peaceful and secure future.
Bank accounts, investment accounts and other liquid forms of wealth are usually the most desirable assets to pursue for any creditor. These assets are pursued with vigor, and private investigators are frequently used to locate these assets. To protect liquid assets look at the following structures on the right: Limited Liability Companies, Foreign Entities and Foreign Trusts. We also have a few tricks up our sleeve that are not disclosed on this website.
A former director of a Fortune 100 company found just how dramatically Madoff's Ponzi scheme has impacted so many people. He had invested some money with Madoff many years ago, and over time has generated a decent return. He was lucky enough to pull the bulk of his Madoff investments about before the collapse, and was quietly enjoying his retirement. He learned that there is a good chance the Madoff bankruptcy trustee would be able to reach most of his savings. He was 74 years old and in a complete state of panic.
To protect his investment account we set up an offshore trust-offshore LLC structure, with the money being moved to an investment account in Switzerland. Because funds were moved from one investment account to another, he did not need to sell any of his securities. He has complete access to his investments and fully discloses the offshore trust and bank account to the IRS. With this structure there is no need to hide, it simply works!
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New Video Podcasts: If you really want to learn about asset protection planning, pour a cup of coffee and tune in to our Asset Protection Podcasts. These recent seminars taught by asset protection specialists Jacob Stein and Bob Klueger are available online.
view or listen to our podcasts...
Mr. Stein is one of California's best known attorneys, teaching dozens of legal seminars each year on the subjects of asset protection and...
Mr. Klueger is one of the very few private attorneys in America who has argued a tax case before the United States Supreme Court...
RobbReport.com speaks with asset protection specialist Jacob Stein, Esq. of Klueger & Stein, LLP in Los Angeles about the importance of protecting valuable assets, such as your private residence, rental real estate, investments and retirement plans.
