How Can I Protect My Financial Privacy? Benefits and Importance of Financial Privacy (Meaning)
Channel: Esquire Group
Date: 2021-04-04

How Can I Protect My Financial Privacy? Benefits and Importance of Financial Privacy (Meaning)

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In today's video, Jimmy Sexton of Esquire Group, Roy Saunders of International Business Structuring Association, and Edward Stone of Womble Bond Dickenson, explain some important reasons and benefits of financial privacy, as well as how to achieve it.

While many people may associate financial privacy with nefarious intentions, there are many valid reasons to keep financial affairs private! But due to such things as the Register of Beneficial Ownership (RBO) and CRS (Common Reporting Standard) Automatic Data Exchange, achieving financial privacy requires strategic planning and “know-how”!

A few of the most important reasons for financial privacy include protecting self and family from extortion and kidnapping and protecting self and family from being victim(s) of fraud and frivolous lawsuits. Additionally, financial privacy could limit family feuds and aid in negotiating business deals.

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Website: https://esquiregroup.com

About Jimmy Sexton:

Hi! I am Jimmy Sexton, LL.M. - Founder & CEO of Esquire Group. I founded Esquire Group with the objective of helping and inspiring wealthy families, investors, entrepreneurs, and high-level executives obtain and gain control over and protect their wealth, via strategic wealth planning.

Connect with me on LinkedIn: https://www.linkedin.com/in/jimmysextonllm/

Disclaimer:

This video is prepared for educational purposes only. This video is not legal, tax or any other type of advice. Each individuals’ circumstances are different, you should seek legal and/or tax advice to address your specific situation and any questions you may have.