“Should the cabin lose pressure, oxygen masks will drop from the overhead area. Please place the mask over your own mouth and nose before assisting others.”
Wealthy people stay wealthy because they put things in place to make sure they stay wealthy. For example, wealthy people put land into an entity, like a trust or an LLC to ensure that the land can’t be taken out of the family. A private interest foundation is made to hold, deal with, protect, and transfer assets for the benefit of your future.
In very simple terms, asset protection planning is all about taking chips off the table in good times so that you still can walk away from the table a winner no matter what happens in bad times.
“If you want to be a winner, you have to walk away from the table a winner.”
And now would be a very good time to start planning for a very bad time… with hyperinflation looming due to the FED’s uncontrolled money printing and massive amounts of debt, among other reasons.
Secondly, the value of the US dollar is in serious contention, so for smart investors, assets in the shape of gold, silver, cryptocurrencies, and fiat savings in other currencies are no longer just cosmetic contingencies to your portfolio. If you haven’t done so, it’s time to secure your personal flotation device because no one else will do it for you.
Whether it’s your savings, gold, silver, crypto, or anything else that’s precious to you, it can feel like you are constantly looking over your shoulder. If you have something to protect, then the topic of asset protection should at least cross your mind; when it does, you should know how to do it legally!
This video discusses 5 Reasons You Need To Move Some Of Your Precious Assets To Panama Right Now.
Any wealth is a target for unscrupulous people and entities who make a living preying on the hard-earned assets of others. That is why trusts, corporations, and foundations exist as legitimate asset protection tools when used with integrity.
That integrity is up to you.