With the number of lawsuits in our country escalating out of control, more and more corporations are finding themselves on the ropes; thus, its recommended they acquire stock investor protection. Because a plaintiffs attorney will need only 10 minutes to uncover every asset youve ever owned, hiding your stocks and other cash in an asset protection account offshore is a sound idea. Its also 100 percent legal.
There were 53 million lawsuits filed in 2003, with 67 percent of these lawsuits exceeding liability coverage limits. When this happens, you are personally liable for the excess. The first place youll have to turn for funds is your stock portfolio; however, if youve obtained stock investor protection, you wont lose a dime.
Stock Investor Protection in the Bahamas or Nevada
Stock investor protection means you can put your entire portfolio under a corporate name in the Bahamas or Nevada. Both offer incredible perks and shield assets from the federal government. Thousands of Americans have been able to avoid bankruptcy, as well as paying enormous settlements. The best part is the government doesnt even know about it.
When you set up an IBC offshore, or incorporate in Nevada, you wont have to worry about paying hefty corporate taxes; in fact, you wont have to pay any taxes at all. Moreover, both are virtually free of U.S. government jurisdiction, which means you dont have to report anything to the IRS. These rules–or lack thereof–come in especially handy when youre investing in a medium as heavily taxed and scrutinized as stocks.