Chose The Battleground, Or Why The Trustee Doesn't Matter

Date : 28-June-2005

Two out of three emails I receive focus on the “jurisdiction” for an Asset Protection Trust.

I maintain that the jurisdiction in which you form your Trust does not matter. Most people think this is the battleground. The bottom line is that the battleground changes if problems arise.

A properly designed Kinetic Asset Protection Trust has two key characteristics:

1.The Kinetic Asset Protection Trust is set up BEFORE problems arise; and,
2.NOBODY CAN REACH THE PROTECTED ASSETS AT THAT TIME.

WHY? Because the transfer funding the trust was not a fraudulent conveyance.

Remember, I maintain that the jurisdiction does not matter. WHY? Because your protector can change the country which controls your trust in 5 minutes by firing your “old” trustee in one country and hiring a new one in another.

So, with a Kinetic Plan, how does this happen?

It is simple. All your protector does is fire one trustee in favor of another. People miss this magic. It totally changes the game. It changes the battleground. At noon the laws of one country apply, and by dinner time the laws of another country, thousands of miles away, controls the rules of engagement.

So, watch your back, and don’t allow anybody else to set your direction. Set your own course and protect your own assets. Nobody else, including the courts in the USA, will.

ABOUT THIS EDITOR:

John Dietz is a strategic advisor at Trustmakers.com with a passion for client solutions that can encompass your business, your real estate, and your personal assets. Mr. Dietz serves to educate you on the latest in asset protection planning.

Full Bio - Email John