Now, it is possible to transfer the $150,000 within your stock and bond portfolio to a Bahamian corporation under your management using a brokerage account in the Cayman Islands. You still retain control over all the assets yet any equity is now invisible towards the predatory eyes of a lawyer.
Now scared of that this flies hard of the American Dream which says you need to own residence car, home and aspects that is often a prerequisite to buy a happy and successful lifetime. Now we are not raving about not eliminating debt on those resources. It’s great to be personal debt. You just don’t in order to be own those tips in your individual name since if you technically don’t own the assets, but merely control them, then the assets are very protected, but you just have the use of them. You see, dissatisfaction ownership. Ownership is a liability. What you dream about is standby time with the assets. In fact it was John D. Rockefeller who summed up this philosophy as he said “Own nothing and control every.” So to really start conscious of the mindset around asset protection it is advisable to think as becoming Rockefeller.
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