Without Asset Protection You Could Suddenly Lose Everything You've Worked For

You know we live in a "litigious society." But do you know what that means to you?

• Nine out of ten lawsuits in the world are filed in the United States.
• A new lawsuit is filed every thirty seconds.
• If you own a business or practice a profession you have one chance in three of being named a Defendant in a lawsuit in the next year. And it will only get worse. It is estimated that there are over 100,000 law school students in school right now.

Any of these events could leave you penniless and in debt

• A negligence or injury claim, whether justified or not, that exceeds any insurance coverage you may have.
• Breach of contract through no fault of your own.
• A professional malpractice suit.
• Lawsuits from disgruntled business partners or employees.
• Divorce.
• Huge fines for violating state or federal law because of the actions of an employee.
• Claims from creditors should your business fail.
• Catastrophic medical bills.
• Seizure of your home or other assets without due process by the U.S. Customs or other government agencies with forfeiture power.
• A huge tax bill and escalating penalties following an IRS audit.

Profit

    Your corporation can maximize profits by taking advantage of the tax laws. A corporation can wi rte off most purchases of goods, vehicles, and services as expenses. By organizing your activities so that much of the profit goes to a corporation in tax-free Nevada, you can dramatically increase your net income. You pay the government less - and take home more!

Estate Benefits

    Because a corporation;s existence is perpetual, your corporation can outlive you. By using estate-planning strategies that are possible only with Nevada-based corporations, you may be able to pass your estate to your heirs without going through probate. This can save both legal costs and inheritance taxes.

Once a lawsuit has been filed, the law will not allow you to move your assets. You must act ahead of time to protect what you own before it comes under attack.

    The best way to protect your assets is not to own any. Only if you own an asset is it vulnerable to attack. If you don't own it, but merely control it, then the asset is well protected. Some individuals try to accomplish this by forming a corporation. But most trial lawyers will tell you that, except in Nevada, a U.S. corporation offers little or no privacy or liability protection. U.S. corporation documents are of public record, and any good investigator or search firm can easily find the bank accounts, investments, real estate, and other assets held by the corporation. The U.S. corporate veil is routinely ignored by the courts, and lawsuits are generally filed against the corporation and any of its officers. If the plaintiff prevails, you could lose everything.

It Is Perfectly Legal to Take Steps to Lower Your Taxes

     Courts have ruled time and time again that people can plan their affairs so as to pay the minimum amount of tax possible and that the taxpayer may use any legal means to do so. Tax laws have become so convoluted with twists and turns that many taxpayers miss opportunities that can reduce and/or defer taxes. Americans ventured into the world of offshore havens a little late in the game, nearly forty years after the rest of the world had discovered and capitalized on the numerous legal and financial advantages of moving assets, or the control of them, out of the country. The fact is that it is both legal and quite simple to shelter one's wealth offshore.