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Asset Protection: Is It Legal?

A discussion about Asset Protection strategies

Perhaps you've seen Hollywood's portrayal of Swiss Bank accounts, tax havens, and offshore trusts of the rich and famous jet setting moguls who live mysterious, yet exciting lives. In short, asset protection for the wealthy.

But in the real world, while these very same financial structures, most of which are administrated by reputable banks, have been around for hundreds of years, there are still many people who consider the above strategic asset protection entities to be illegal.

I think we need to take a step back and look at what asset protection strategies were intended to do. Asset protection and lawsuit protection laws were designed for the very purpose of protecting your assets from being unjustly frozen and possibly even forfeited. 

Still others consider asset protection to be something of a moral dilemma - actually something unethical or dishonest. This is the furthest thing from the truth. 

But, at the same time, I'm certainly not attempting to start a moral debate here, nor do I recommend, nor would any ethical attorney advise you to avoid paying a judgment or fine that you rightfully owe. 

That being said, I feel that you as the asset holder should be in the sole position to make the final verdict on what is fair and right. 

Why? Because when incumbent judges who were appointed for life and bleeding-heart juries stop handing down ludicrous decisions, then I'll be the first person to inform you that you'll no longer need to protect your hard earned assets. 

I guess the irony of it all is that the collection lawyers, government agencies such as the FTC, and indeed everyone outside the asset protection circle make every effort to characterize legal asset protection as dishonest and fraudulent, or worse. 

Of course, their motives are very transparent. They denounce anyone who successfully stops their efforts to collect or seize assets, which then of course disrupts the stream of income flowing in their direction. 

So total asset protection is not only legal, it's a freedom protected by the U.S. Constitution. Imagine that! 

I think the average person would be completely surprised at how many of our politicians and well known corporate giants have gone offshore to safe guard their millions of dollars worth of assets. 

Researching asset protection strategies and then taking appropriate action to protect your business and personal assets is quite possibly one of the most important and intelligent financial decisions you may ever make. 

So, speak with an asset protection consultant and attorney now, before its too late. The cost of putting these asset protection strategies in use will be very small compared to the cost of losing your home, automobiles, retirement, and investment accounts. Not to mention the unimaginable stress that you can avoid. Do it now...

About the author:

Floyd Tapia has over 8 years of work and research experience in the field of total asset protection. The Tapia Brief has up-to-date tips on affordable bulletproof lawsuit protection for all.

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