Chose The Battleground, Or Why The Trustee Doesn't Matter
By John Dietz - 
Email Editor
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.
RELATED ARTICLES:
- Protect the equity in your home
- Asset Protection Plans
- C.A.L.M. Introduction
- Get educated on Asset Protection
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.
06 JUNE
Learn more about protecting your assets with these articles:
EDUCATION PRODUCTS
Asset Protecion Products
If you are looking for the most important concepts in Asset Protection, this is where to start! If you need to talk intelligently about protecting your net worth or you are a professional this book is for you!
Asset Protecion Courses
Know what your Advisor knows. Buy our downloadable Asset Protection Planner Course. Protect yourself like the pros!.
Asset Protection in a Nutshell
Clear, concise and straight forward, this e-Book will help you make sound decisions with your business and personal assets..
Protecting Assets - 10 Session Seminar
This downloadable e-seminar will give you straight forward asset protection advice you can implement now! One of the best seminar courses available!
Advanced Estate Planning
The key to a solid Asset Protection Plan is the Estate Plan. This downloadable e-module will help you sort through the many tax mitigation and estate planning strategies helping you make sure your wishes are carried out. Learn succession planning the right way and protect your wealth for generations to come!
