Your real property and business holdings require special attention in setting up a sound asset protection strategy. The choice of the entity you use for your business operation or investment portfolio may have subtle but profound effects on you, your assets, and your overall asset protection system. Your strategic plan must also consider the tax ramifications of these asset protection choices. There are considerable tax havens and asset protection jurisdictions that protect investments and business properties, and each of them has their pros and cons. For example, some jurisdictions do not have treaties with the United States.
Some jurisdictions have shorter statutes of limitation than do others.
There are many legal and ethical devices that can and should be used to protect the assets of those in every income bracket. Estate and financial planning is years behind in knowledge and structure. These entities will afford you not only tax savings, but anonymity, asset protection and freedom from liability.