An Ounce of Planning and Prevention is Less Expensive

and Worth More than a Pound of Cure

Assurance You and Your Assets Will Be Safe  

The Internet is a resource that puts the knowledge of the world at your fingertips. For the consumer, research has never been easier—or more confusing. The sheer volume of information (including good, bad and technical) offered on the Internet, especially when researching an unfamiliar subject like asset protection, can make the search tedious, confusing and difficult.

Who Is Qualified?

When looking to protect assets many people turn to their family, friends, attorney, or CPA for advice. What most people don't know is that their trusted advisor may not have had any formal education or extensive experience in asset protection. Asset protection isn't taught in law school, CPA certification, etc. Although, specific post graduate schools offer classes on corporations, trusts, estates and wills, there is no specific curriculum for asset protection. (i.e. Harvard Law School)

When looking to implement an asset protection plan the obvious question is, "Who then is qualified to offer strategies in the asset protection arena?" The answer to this question is a company that has extensive experience in the asset protection strategy arena. A company whose record of asset protection has been tested and used with success for years; Corporate Nevada.

"Know your Opponent

... for if you know your enemy, you need not fear”

- Sun Tzu, Art of War

In order to understand how to effectively protect your assets you must first know your legal opponent's motivation and plan. If you know what your opponent is after, you are in a position to preemptively plan and put into place barriers that effectively thwart and prevent their attempts.

What motivates your legal opponent in the litigation process is usually very obvious. Most asset lawsuits, like war, are about money; how much money and how easily and inexpensively can it be won. It may come under the guise of higher principles but what is most wanted is unearned financial gain from your assets.

The first item an opposing attorney will want to determine is how worthwhile is the proposed target for a lawsuit. In other words, is there anything of value that would insure the attorney would get paid contingency fees if successful and make it worth their time and effort to sue?

The opposing attorney would do an unauthorized asset check to determine if the intended target had any assets. The more frivolous the suit, the more important the assets be determined. This pot of gold at the end of the litigation rainbow consists of assets tied to your name (spouse) and Social Security number.

This would be going on without your knowledge and consent. In reality, this could be going on as you read this information. That's why the tested and true saying “an ounce of planning & prevention is less expensive & worth more than a pound of cure.

How accessible is this information? Thanks to the power of the Internet just about anyone can find out everything you own by performing a simple asset and liability search online. The assets that come up on these reports will include your home, vehicles, investment real estate, bank and brokerage accounts, just about anything of value that you own, including enough information for possible identity theft. The mere fact that there are records showing this information makes you a target.

The ease of access to this kind of “private” information is disturbing. As if the power of Google were not enough, with $33 and 3 minutes you can find out just about anything and everything someone owns anywhere in the country. (example: www.docusearch.com )

Attorneys often use real investigative pros to conduct an even more thorough asset search if they have you as a target in their sights. Once they complete their search and determine that you are a worthy target, you could soon expect to be served with a lawsuit. This could set in motion the legal process of what may amount to a legal extortion machine.

Legal Extortion

Legal extortion may sound dramatic but once you are served with a lawsuit you are left with only two basic options; settle out of court, if you can, and pay off an undeserving plaintiff or pay an attorney thousands of dollars per month to defend your position. Neither option is very attractive. Also, don't count on insurance to bail you out unless it is a very specific policy.

An ounce of planning & prevention is worth a pound of cure; keep lawyers and creditors from ever looking

at you as a target for a lawsuit.

This brings us to one of the simplest and best ways to virtually guarantee that you won't have to face a frivolous lawsuit. John D Rockefeller summed it up in these prophetic words,

“Own Nothing, Owe Nothing but Control Everything”

In the legal realm, if the motivation to initiate most lawsuits is predicated on financial well-being then no one would want to sue someone without assets. This does not mean there are not any assets at your disposal, just none of record.

This concept flies in the face of convention which says we need to let everybody know that we own our own home, our own car and everything else that is supposedly a prerequisite for a happy and successful life. Letting everyone know your business and that you are accomplishing the American Dream of "Keeping up with the Jones" is actually more of a risk than a benefit.

A better plan is having control and use of an asset that gives you the benefit but without the risk if there is no asset record.

This concept is known as Financial Privacy. No one could find any assets since it is technically not you that owns any assets. You control the asset's use and reap the benefits without risk.

FINANCIAL PRIVACY

The underlying premise of Financial Privacy is fairly simple. It implies that in order to create a legal separation between you and your assets, the assets must be held in a manner that can't be tied to you (spouse) or your Social Security Number(s).

To achieve true financial privacy you need to be able to hold your assets in a private legal entity that has no public record implicating you (spouse) or your social security number(s).

Once you have accomplished this you will have initiated the single most powerful action you can to prevent a lawsuit. It creates a situation where you have no personal equity in assets.

No lawyer will be interested in taking a contingency case against you if they cannot determine assets. For your opponent to pursue further, they will have to start putting up serious money to continue. This is when most lawsuit threats disappear.

TIMING

The second key to effective asset protection is timing. It has been said that timing is everything and it certainly is true for asset protection as well. It basically means that you have to protect your assets before you are ever sued because once a lawsuit has been filed, it may be too late.

Unfortunately most people only begin to consider what they can do to protect their assets once they are served with a lawsuit, when it is typically too late. It may be illegal and is something that is known in the courts as fraudulent conveyance . However, if a lawsuit has not yet been filed, there is still time for Asset Protection. Don't wait until it's too late, call Corporate Nevada Now.

The Three Biggest Asset Protection Problems

In a recent national survey taken with investors, professionals and business people, it was found that everyone experienced three major problems when looking to protect their assets.

•  Choosing The Best Entity and Strategy For You : If you have done any research on asset protection you'll know that there are literally dozens of strategies and approaches to evaluate and consider. It's difficult to know which ones actually work, much less which ones are most appropriate for your situation. Unless you have hundreds of hours to research and can competently analyze all the options available, you can easily become confused and completely overwhelmed.

•  Knowing How To Maximize The Strategies : Knowing how to do something is as important as knowing what to do. You can have the perfect asset protection structure in place but if you don't know how to use it properly, a simple mistake can leave you totally exposed. A legal entity is a company that has to be run as a real company with proper procedures and records to be of any benefit and not a liability, even if only holding an asset.

•  Assurance That Your Assets Will Be Safe : It's easy to say that your assets will be safe but the only way you will truly ever know is if they come under attack. This is why you want to do it right so all your issues are taken care of in a manner to assure maximum safety and protection.

The Best Asset Protection Problem Resolution is:

Do It Right with Corporate Nevada 's Full Service Nexus.

An Ounce of Prevention is Worth a Pound of Cure!

There Is No Substitute for "Doing It Right" Now!

Corporate Nevada Ltd.

NO ONE DOES IT BETTER FOR LESS

Call 1-800-344-1294 Now

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