Bullet Proof Asset Protection

In the case you have substantial assets and/or some important financial enemies, the bulletproof asset protection strategy might be very handy for you. Although it is not very complicated, it is almost 100% secure and effective.

Using the bulletproof asset protection means you have to create an anonymous Panama Bearer Company. In papers the owner of the corporation would be an unknown Panama Private Interest Foundation. Both the foundation and the corporation can bank at different banks from Panama, or even at same bank. You can use the online banking to transfer founds from one account to another.

This is very secure because it is under the protection of the Panama Bank Secrecy Laws. Also for some bulletproof asset protection strategies, the foundation may not have a bank account at all. In exchange the foundation can own a stock brokerage account or a real estate in the country. Thereby you can donate to the foundation all kind of transfer assets. There are available formal contracts for these kinds of arrangements. These formal agreements are basically secret because they do not appear in any database or public registry.

Another bulletproof asset protection aspect is about managing correctly the assets. The foundation can have a leading position, held by a person called a "Protector". This person cannot finalize any agreements without your approval. His major role is to oversee the activities within the foundation. If you aren't so sure in giving such a big responsibility to one person only you can form a council of 3 or more people which would take care of the activities of the foundation.

The above scenario is just a basic idea of the complexity of a bulletproof asset protection solution.

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