As you are aware, there is deep uncertainty in the fundamental question of not knowing where our privacy and freedom are heading. “Executive Orders” are piling up under the current administration, now totaling more than all other presidents combined. Government is infringing on our rights. On top of this, there is the unjustifiable and humiliating behavior like the IRS scandal and the Benghazi cover-up. We really do not know what is next.
As you are aware, there is deep uncertainty in the fundamental question of not knowing where our privacy and freedom are heading. “Executive Orders” are piling up under the current administration, now totaling more than all other presidents combined. Government is infringing on our rights. On top of this, there is the unjustifiable and humiliating behavior like the IRS scandal and the Benghazi cover-up. We really do not know what is next.
Frequently at seminars and in consultations with clients, people will ask me why they should consider international asset protection and estate planning. Won’t it cost a lot? Won’t I become the subject of IRS scrutiny? Can’t I accomplish all the same things with domestic planning? This is some of the common refrain.
To me, international planning is all about addressing jurisdictional systemic risk. What do I mean by that? Well, most people would agree that we live in a country where litigation has become the national pastime. If someone is not happy with someone else, whether a customer, business partner, patient or spouse, they turn to litigation as the answer.
So often a client walks through my door to discuss trusts, corporations, family limited partnerships and/or other structures designed to protect their wealth. Structures are very important, but structures alone cannot do the job in a one-size-fits-all approach to asset protection. While an international trust may be just what the doctor ordered for protecting a surgeon's life savings, the same structure will do very little to help a commercial real estate developer operating in litigious North America.
The structure is only part of the equation, while the investment class is the other part. You need to put both parts of the puzzle together in a coherent fashion to truly protect and grow your wealth.
Itinerary & Agenda |
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While we're confirming the itinerary for 2014, here's an overview of this year's conference:
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Saturday, November 2, 2013 |
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5:00 pm | |
