bulletproof
Bulletproof Your Assets Today!"David Kaufmann worked hard at his
profession and accumulated the rewards that go with
success. Then a disgruntled client named him as a Defendant in
a lawsuit and threatened to "take him for everything he
owned." But after David had a talk with the plaintiff's
attorney, the suit was quietly dropped. The reason? In spite
of his apparent wealth, he doesn't legally "own" anything that a
lawsuit or court judgment can take. David had the foresight to
shelter his assets in a judgment-proof international business
company in the Bahamas."
The best way to protect your assets is not to own
any. This flies in the face of the American Dream to own a
home, car or stock portfolio. However, it is when you own an
asset that it is vulnerable to attack.
How do you not own your assets but have use of them as if you
did? By setting up a corporate entity to be the owner of the assets
while you maintain complete control of them. Correctly set up
corporations in the right jurisdiction will provide you with the
same bulletproof asset protection that is enjoyed by millionaires
and movie stars.
WHY CORPORATIONS?
Under the law, a
corporation is an artificial "person", completely separate from the
people who own and operate it. Because it is an independent entity,
a corporation's debts and taxes are separate from those of its
owners, officers, and directors. Therefore, a corporation provides
an individual with the greatest personal liability protection. This
is the reason why almost all successful people choose to
incorporate. It permits them to manage their assets
anonymously. Their private corporate lives are never made
public. However, it is only in the state of Nevada or an
offshore jurisdiction such as the Baham
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