Offshore Asset Protection
Offshore Asset Protection Offshore asset protection means the transferal of assets or legal title to assets to a foreign land under different jurisdiction to protect it from creditors. Offshore asset protections are for those who wish to escape their country’s legal and tax system. In most cases, offshore asset protection strategy does not offer much legal protection against determined creditors. But, it does discourage creditors from proceeding with a lawsuit because of the extra expense and judgment risk. A well-drafted […]