Understanding domestic

1
Asset Protection Overview
PRESENTED BY InsideTradeLLC.com

• Understanding domestic international asset
  protection strategies

2
Summary of Key Concepts

• Asset Protection Strategies are Beneficial for
  Almost Anyone
• Todays Litigious World Demands Asset Protection
• Nevada Corps have Distinct Advantages Over
  Delaware
• Using Nevada Corporations is Simple but Effective
• Liens or Equity Stripping Strategies Help Protect
  Your Assets
• The International Business Corporation (IBC) is a
  Great Tool to Protect your Wealth
• The Private Interest Foundation (PIF) has a Long
  List of Unique Benefits
• Bulletproof Asset Protection Involves Using the
  Nevada Corp, PIF IBC All Together
• There are Additional Benefits to Using Offshore
  Asset Protection
• Asset Protection is Far More Important than Any
  Insurance
• Affiliate Program Referrals can Provide
  Substantial Income with No Sales and Very Little
  Effort

3
Asset Protection Use is Growing Fast

• Asset Protection Strategies have Been Used for
  Over 80 Years
• Asset Protection has become a Necessity in
  Todays Harsh Litigious World
• USA has 5 of the World Population, but 94 of
  its Lawsuits
• 31 of Individual Wealth and 35 of Corporate
  Wealth is Held in Tax Friendly Jurisdictions
• Most Major Companies have a Domestic
  International Strategy to Protect their Assets

4
Who Can Benefit from Asset Protection?

• Medical Professionals
• Internet Businesses
• Sole-Proprietors
• Money Managers
• Financial Companies
• High Risk Occupations
• Business Consultants
• Wealthy Individuals
• Small Business Owners
• Independent Contractors
• Commodities Investors
• Those Planning Retirement
• And Almost Anyone Else

5
Why is Asset Protection So Important?

• We Live in an Increasingly Litigious Society
• Wealth can Take Years to Earn, and Seconds to
  Lose
• You can Even Lose your Assets from the Mistake of
  Another
• To be Safe, You Must Make Yourself Unattractive
  for Lawsuits
• Asset Protection is Cheaper than Insurance but
  Far More Effective
• Companies can Protect Assets, Retain Earnings,
  and More

6
Scenarios that Jeopardize Your Assets

• Employee Lawsuits
• Wrongful Terminations
• Malpractice Accusations
• Personal Injury Cases
• Actions by Close Family
• Accidents by Guests
• Partnership Disputes
• Future Divorces
• Business Liability Lawsuits and More

7
Nevada Delaware Corporations to the Rescue

• Nevada Delaware have Much More Favorable
  Business Laws
• No State Income Taxes for Either
• Owners Can do Business Anywhere in USA
• Owners are Protected from Company Liabilities
• Companies Can be Set Up by Only One Person
• Administrative Paperwork is Dramatically
  Decreased
• Business Owners can Invest with Far More Benefits
  than Individuals

8
Benefits of Nevada vs. Delaware Corporations

• 80 of New Nevada Corporations are Formed by
  Non-Residents
• Nevada is Known as a Very Pro-Business State
• Nevada Shares No Information with the IRS
• Delaware has Higher Annual Fees for Businesses
• Nevada has Privacy Laws which Exceed Delaware in
  Protection
• Federal Income Taxes are Low for Nevada
  Corporations (15 below 50K, 25 below 75K)

9
Understanding Liens for Asset Protection

• Liens are Commonly Used as Tools for Asset
  Protection
• By Placing a Lien on Your Own Assets You Reduce
  the Risk of Loss
• Lien Holders are Paid Before Others in Forced
  Liquidations
• Equity Stripping can Protect All Equity in the
  Assets You Own
• Always have the Lien Amount Equal to the Equity
  Invested
• Use 2-3 Liens Max for Each New Corporation you
  Create

10
Opening New Corporate Bank Accounts

• We do Not Create Bank Accounts for New Clients
• The Process of Opening a New Account is Very
  Simple
• The Client Receives their Corporate Documents
• The Client Creates their Tax ID Online Via the
  IRS Website
• The Client Presents Corporate Paperwork, Tax ID,
  and Proper Identification to Bank
• The New Bank Account is Opened

11
Summary of Domestic Asset Protection

• Nevada Delaware have Far More Favorable
  Business Laws
• There are No State Income Taxes for Nevada or
  Delaware
• These States Allow Companies to be Set Up by Only
  One Person
• The Owners Can do Business Anywhere in USA with
  this Structure
• Business Owners are Protected from the Companys
  Liabilities
• Administrative Paperwork is Very Minimal for
  these Companies
• Nevada Corporations have Distinct Advantages Over
  Delaware
• Nevada is Known to be Pro-Business and Favorable
  in the Courts
• Nevada Corporations do Not Openly Share
  Information with the IRS
• Nevada Delaware Businesses can Put a Lien on
  their Own Assets
• Opening a Bank Account is Easy for New Domestic
  Corporations
• Business Owners can Invest and Retain their
  Earnings, Unlike Individuals
• Asset Protection Gives you Freedom, Privacy, and
  Piece of Mind for a Very Minimal Cost

12
Offshore Asset Protection
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What is Offshore Asset Protection?

• Certain Offshore Jurisdictions have Very
  Favorable Business Laws
• They have these Laws to Attract Money for their
  Tourism Dependent Economies
• These Strict Secrecy Laws Protect All of the
  Information for Corporations
• International Corporations Can be Used to Protect
  Assets through Liens, and Other Legal Strategies
• Offshore Courts are Typically Favorable to
  Corporations and Move Very Slow
• Offshore Asset Protection Makes You Very
  Unattractive for a Lawsuit
• Legal Fees of the Accuser Can be Far More than
  they Could Get from You

14
List of Offshore Countries for Incorporation

• Bahamas
• Belize
• British Virgin Islands
• Bermuda
• Cayman Islands
• Costa Rica
• Dominica
• Dubai
• Hong Kong
• Isle of Man
• Nevis
• Panama
• Seychelles Islands
• Though We do Choose the Jurisdiction that Best
  Fits Our Client, Its Always Good to Understand
  Your Options

15
The International Business Corporation (IBC)

• International Company
• which does Business Outside of the Country
• IBCs First Started in 1984
• Now Offered by Several Different Jurisdictions
• Popular for their Privacy Asset Protection
  Benefits
• Can Act as an Extra Layer of Protection for
  Nevada Corps
• Bulletproof when Paired with the Private Interest
  Foundation

16
The Private Interest Foundation (PIF)

• Based on Lichtenstein Family Foundation Model
• PIF can Own Any Assets and Several Corporations
• No Owners of Foundationare Allowed by Panama Law
• No Legal Attachment to Any Specific Individual
• Three Nominees Keep You Completely Anonymous
• Can Serve as a Living Will, etc.
• Only Available in Panama
• No Local Taxation Requirements

17
Components of Private Interest Foundation

• Foundation Council are the Nominees that Appear
  on the Public Registry
• Foundation Protector is the Controller of All
  Activities within the Foundation (You)
• Beneficiaries of the PIF are Elected in the
  Customized Letter of Instructions
• Letter of Instructions is a Living Will but
  Better

18
Using the Foundation and IBC Together

• IBC can Place Liens on Any Nevada Corporation
• Private Interest Foundation can Own an Offshore
  IBC
• Foundation has Protector but No Owner by Law
• No Attachment of Ownership
• The Foundation Can Own Property, Corporations,
  Investments, etc.
• Using IBC PIF is Ultimate Asset Protection
  Strategy

19
Benefits of Offshore Asset Protection

• Add IBC/PIF to Nevada Corp for Ultimate Asset
  Protection
• PIF has No Owner by Law
• Letter of Instructions Acts as Customized Living
  Will
• Money Safe Forever After Placed 3 Years with the
  PIF
• PIF Assets Never Frozen Until Full Trial is
  Complete
• Three Nominees Keep Protector of PIF Anonymous
• No Local Tax Requirements for Both the IBC and PIF

20
Summary of Offshore Asset Protection

• IBC is a Company doing Business Outside of the
  Country it is Domiciled In
• PIF is a Non-Profit Foundation which Acts as a
  Corporate Shelter and Asset Protection Tool for
  Protectors
• Nevada Corporations Can have a Lien them by an
  IBC
• The IBC Can then be Owned by the Panama
  Foundation
• Since the PIF has No Owner, there is No
  Attachment of Liability in the Chain of
  Corporations
• IBCs are Used for Daily Business, and
  Foundations can be Used to Own Companies,
  Property, Investments, etc.
• The ASSET PROTECTION STRUCTURE DISCUSSED is the
  Only Strategy in the World of its Kind!

21
Legal Disclaimer

• InsideTradeLLC.com shall not be considered a tax
  professional, legal advisor, or accountant in any
  manner. All information supplied on this
  presentation is for informational purposes only,
  and shall not be relied upon when making future
  decisions. Due to the ever changing nature of
  information, we do not guarantee or endorse any
  of the information provided. Every reader must
  assess the facts, and make their own decision
  based upon their findings. Tax regulations vary
  between jurisdictions, and each reader is subject
  to tax and reporting laws in their country of
  residence.
• To View the Entire Legal Disclaimer, Visit our
  Website