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Asset Protection Needed by Ordinary People Asset protection is a very unique entity. Many have readily devised financial planning or estate planning to meet the needs for their families. Asset protection is in many cases the last ditch effort but in reality should be the very first and foremost entity devised to cushion any financial blows or loss that may occur as a result from some type of litigation or lawsuit whether it is just or unjust. In order to guard yourself against such real and numerous threats, your assets need to be legally moved from an unprotected type of ownership to a new type of ownership using an asset protection strategy. The goal of any asset protection consultant and attorney is to completely insulate or shield you from losing any of your personal or business assets. At worst it is for you to withstand a legal storm significantly better than if you had not done any asset protection planning at all. And don't make the biggest mistake of all by saying that only the wealthy are sued. If you own a home, car, 401k, motorcycle, boat, kid's college fund, stocks or any type of asset, you're a target for a lawsuit. And it's only a matter of time. Furthermore, for this type of protection to be fully effective, you have to put it into action BEFORE any type of legal situation comes up. Its too late after the fact.
Look at it this way: "It's better to have it and never need it rather than not to get it and desperately need it today, tomorrow, or next year and be sitting there like a "deer in the headlights." Yes, you can even compare it to having life or catastrophic medical insurance. You just can't get it when you're already in need of it. So, its important to understand that ordinary people need legal asset protection. Here are some added reasons:
Divorce! The right type of asset protection plan will be useful for both the professional and ordinary person like you and me. Try to think of it as putting a "bulletproof vest" around your financial heart. Is Asset Protection Legal? Perhaps you've heard of or seen Hollywood's portrayal of Swiss Bank accounts, Offshore Trusts and Corporations, and Tax Havens of the rich and famous as jet setting moguls live mysterious yet exciting lives. But in the real world, although these same financial structures (most administrated by reputable and legal banks), have been around for hundreds of years, there are still many people who consider the above strategic asset protection entities as illegal. I think we need to look at what they were intended to do. Asset or lawsuit protection laws were designed for the very purpose of legally protecting your assets from being frozen and the possibility of unjust forfeiture. Still others consider asset protection a moral dilemma... something unethical or dishonest. This is the furthest thing from the truth..
But Is This Ethical or Honest?
But, at the same time, I'm not trying to start a moral debate here nor am I recommending nor would any attorney in their right mind advise that you avoid paying a judgment or fine that you rightfully owe. That being said, I feel you should be in the position to make the final verdict on what is fair and right. Because when lifetime, incumbent judges and bleeding-heart juries stop handing out ludicrous decisions, then I'll be the first person to tell you that you'll no longer need to protect your hard earned assets. I guess the irony of it is, collection lawyers, government agencies such as the IRS and the FTC, and everyone outside the asset protection circle, make every effort to characterize legal asset protection as dishonest, fraudulent, or worse.
Of course, their motives are transparent. They viciously denounce anyone who successfully stop their efforts to collect or seize their assets which then disrupts the stream of income flowing in their direction. So, total asset protection is NOT illegal or a privilege; it is a freedom protected by the U.S. Constitution. Imagine that. I think most people would be totally surprised at how many of our politicians and well known corporate giants have gone offshore to safeguard their millions in assets. Why not protect yours? Listen: Talk to an asset protection consultant
and attorney now... before its too late. Looking into asset protection and then taking action to protect your business and personal assets maybe one of the most important and intelligent financial decisions you may ever make. Because the cost of setting these protection devices in place will be ridiculously small compared to the cost of losing your home, cars, retirement and investment accounts. Not to mention the unimaginable stress. Do it now. This article, "Is Asset Protection Legal" has been instrumental in showing people that affordable, legal asset and lawsuit protection is a must to protect one's financial interest.
This information proves that asset protection is legal and your constitutional right. That's why politicians have them. Read more via Lawsuit Protection News. It has up-to-date news and details on why affordable and legal bulletproof lawsuit protection for everyone is just as vital as auto, health and life insurance.
http://www.Lawsuit-Protection.com
Most Lawsuits Today are Legal Extortion When you think of the word "extortion", what comes to mind? How about the terms bribery, corruption, crime, crookedness, fraud, lies, malfeasance, misrepresentation, racket, sham, swindle, theft, unscrupulousness and etc.
Now put the word extortion together with the word "legal" and we seem to get what is called an oxymoron or two contradictory words that form a humorous or in this case, a despicable new meaning. Okay... enough of English 101. I bring this up because I could look any attorney straight in the face and say without reservation, "Most lawsuits today ARE legal extortion." In what way you may ask? Like it or not, there are people... hundreds of people in this world if not more that want your money, property, investments, retirement funds, heck anything that you have in valuable assets. And you might be shocked at who they are. In reality these professionals, both lunatic plaintiff and the blood-sucking attorney will hunt down people like you and me with the cold intent of taking us for everything or some of what we have worked hard for. Now you may find this unbelievable or rather sickening to know, but due to the lack of privacy in the United States for example, your net worth, entire networth can be obtained by any lawyer for as low as $50. What? Yes, as low as $50. Its known in the industry as an "asset search." You think that's bad, it is known that the "ambulance chasing" attorney which the term is still used abundantly are now using computer search services to locate business owners and professionals with a high net worth or very substantial liability insurance.
Are you ready for the reason? When they a find a potential "victim", they proceed to contact their patients, clients or customers to see if any of them are disgruntled for ANY reason. And as they say in the sporting arena, "let the lawsuit games begin." In its simplest of terms, this is theft... but it is legal. What can you do about this? The first step is to acknowledge that these professional thiefs or extortioners do exist. That means not taking a "bury your head in the sand" position like the proverbial ostrich. And saying, "It can never happen to me" are the famous last words of a fool. After you acknowledge that the threat exists, and your security can be destroyed...then you are ready to devise ways to stop these "legal thieves" from getting to you... to stop them dead in their tracks.
Asset and Lawsuit Protection What are these ways? "Bulletproof" asset protection. How would you like to never again waste another minute worrying about losing your house, car, bank account, pension, investments, business, etc., to an unethical or unjust creditor in a lawsuit? Or how about barricading your assets in an impenetrable fortress where they're creditor-proof, lawsuit-proof, judgment-proof, and seizure-proof forever? Yes, how would you like to have the same powerful strategies Madonna, Michael Jackson, Mel Gibson, the Kennedy’s and the Rockefeller’s use to protect their empires but at an affordable price? You can and its your constitutional right to have it. Not to purposely end on a sour note. But with the staggering cost in attorneys' fees alone to defend a lawsuit, whether you did anything wrong or not, these upfront fees are many times more costly than the potential outcome of the lawsuit itself in which case is not in your favor. Like it or not, there is no purer form of extortion than a lawsuit; the defendant has to decide whether to pay the plaintiff or pay his attorney to defend the case. What a choice indeed. Having worked in the legal industry and seeing it firsthand, many of these suits have nothing to do with right and wrong, but instead, are predicated on the desire of one party to extract wealth from another party. That's the whole truth. In most cases, their fraudulent desire is not for real wealth or a large claim. Instead, they only desire to extract small payments such as "nuisance settlements."
Why? Because it is cheaper to pay than to fight even a small claim in court. That is why most attorneys will advise you to settle out of court. |
The best advice any asset protection consultant and attorney could give is this: "Don't wait until you are a Defendant in a lawsuit or the target of an IRS or FTC investigation to consider protecting your business and personal assets." You've got to protect yourself before the storm approaches. So, Do YOU Have "Bulletproof" Lawsuit Protection in Place for Your Business or Personal Assets to Guard Against Such Frivolous Types of Lawsuits? Talk to an asset protection lawyer today. Then and only then will you have peace of mind.
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The Real Solution for the FTC Crackdown
I imagine you have heard the calamity howlers, the pessimistic viewpoints on what web owners should and should not put on their websites and no doubt every scare tactic used to get you to buy some protection. Well...
...you should be scared. What am I selling? The simple idea of taking action before you possibly find yourself in a legal entanglement that could literally cost you thousands of dollars AND unimagineable stress. You don't think it could happen to you. Well, I think it's time to do a reality check in your world. Thousands of frivolous lawsuits in areas too numerous to mention are brought on countless unsuspecting business owners and the average person every day. The truth is, when some lunatic and their blood sucking attorney financially and emotionally circumsizes you, they go for all your assets; both personal and business. In this article, we are going to talk about one type of lawsuit that is getting huge amounts of attention on the Internet which involves none other than the FTC. Now, the FTC is really ramping up to crack down on Internet Marketers, and actively go after those of us that don't rigidly adhere to all their rules about disclosure and documentation. I've heard that they filed 45 criminal and civil law enforcement actions against Internet Marketers, on May 15th alone. This is only the beginning. Due to this inherent rise of "websuits" as I call them, there are now various legal document sites showing up right and left on the Internet that are designed and have every intentions of protecting you. One website example is AutoWebLaw. Go to Google and search for AutoWebLaw and take a look at this website to fully understand what these experts are recommending. But I think the underlying question here is: "Do they really work?" In my humble opinion, they're simply a start. But what happens when the unthinkable emerges and you're served with legal papers that you are being sued? God, I hope you never find out how this feels. But statistically, you have a 1 in 3 chance of being in a lawsuit this year... and the year after that.
My point? All of us need lawyers at
some point in our lives. But don't allow the simple idea of legal documents, though they'll help, to fool you into thinking that they alone will give you full protection against a lawsuit by the FTC or the IRS... or anyone for that fact. I have worked in the legal industry for years and I am here to tell you, 'it ain't gonna happen.' I DO recommend these types of documents so that you will be fully compliant on the Internet. But it will take much more than that to ultimately protect your assets from being frozen or at the very worst, paying huge fees to be represented for something that you did not do wrong or the intention was quite innocent. Remember, "ignorance of the law is no excuse." So, what's the answer? There are affordable ways of getting the added peace of mind so that you will not be penniless and in severe debt as a result of the FTC crackdown. What you may ask?
"Bulletproof" Lawsuit Protection. You and I and most people in the United States need this impenetrable entity immediately before its too late. I suggest doing a search on the Internet under such topics as 'asset protection' and 'lawsuits' to fully understand what you are putting at risk by not having such protections in place now. But above all else, no matter what you end up doing to protect yourself now, I always advise everyone to seek legal counsel before attempting anything on their own. Good sound advice.
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What Is the USA Patriot Act?
A few weeks after the warlike acts of terrorism on September 11, 2001, President Bush signed into law "United and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act" commonly called the USA Patriot Act. This federal law gives all domestic federal law enforcement agencies and international intelligence agencies sweeping new powers unchecked by meaningful judicial review. The Act continues the relentless trend of granting federal courts and government agencies increased access to our personal financial information rather than attempting to prevent further intrusions. Albeit the goal to fight terrorism worldwide, this new law goes into a lot of areas that have nothing to do with terrorism. Instead, it allows government agencies like the FBI to get into people's computers, financial records, or other areas totally unrelated to terrorism. The Freedom to Protect Your Assets But the obvious question to these facts would be: Will it be more difficult for people to protect their assets - especially from the government? The answer would be a resounding, "YES." Unless... ... unless you take legal steps to make sure that your freedom to protect your business and personal assets is not further encroached upon. Otherwise, the repercussions will be staggering. Your financial information will be made easily and readily available to these entities such as the FBI, FTC or even the IRS for practically any reason so deemed. Do you really want to take the chance of someone being able to do an asset search to find out how much you are truly worth? Its getting much easier to attain this pseudo-private information on you. Isn't it time to take legal preventative action to thwart off these financial attacks NOW before there are any further privacy changes that will undoubtedly take place and adversely affect you?
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What are Invisible Assets?
That is a question that I am asked all the time. Especially when I ask a person, "Are Your Assets Invisible?"
Although most people in general probably have no hard evidence of how much you are worth, I do have some sobering news for you. It is relatively easy to uncover what your financial worth is and anyone including myself can do it by what is called an "asset search." Now you're probably wondering why would someone do this? Well, if I am going to sue someone, I want to make sure its worth my time and effort (money) in doing so. It'll Never Happen to Me... Okay... what if someone decides to sue you? Oh yes, I've heard this a millions times, "It will never happen to me." That is your first big mistake. Never, ever assume and say it will never happen to you. This is why? A thief (person in most lawsuits) can sue you for practically any reason they want. In fact, you may not have done anything wrong at all. I have said time and time again that most lawsuits are nothing more than "legal extortion." Strong words I know. But I have worked with lawyers in the past and know from first hand experience what you may indeed face... at some point. People sue people for money - assets. And, if they know you have assets, you are a prime target. There are attorneys that primarily look for those who have something to lose and then contact their own clients to see if they have a grudge against this person. Talk about creating a lawsuit industry. And when a lawyer is approached by someone, the very first thing they do is an asset search to make sure it is worth their time to sue. That is why they work on a contingency basis. This is Where "Invisible Assets" Work. A creditor will not waste time, money, and effort pursuing a claim they can’t collect or which they cannot find. Your capital, what you have to lose, and what you can afford to pay is essential details to any creditor looking to sue you. Folks, if there's anything you learn today, this should be it: Your assets (cash, home, car, etc.) make you very vulnerable. You are a huge walking target for a lawsuit. Once you are financially naked, a creditor or plaintiff will pursue you no matter how long it takes. They will become a terror; a financial nuisance. Which is why attorneys suggest settling out of court because its cheaper to pay the "legal extortionist" than all the legal fees and court costs. Invisible Assets: That's the Ticket. By taking action now before any type of legal disaster traps you, you will save just about every asset you have ever worked for. How can you do this? By having bulletproof asset protection. This legal strategy will make sure that your assets are not exposed. They are technically and legally "invisible." By producing proof of such legal poverty when in reality you still have whatever assets you have at your disposal, you become a financial turnip. And remember the old saying, "you can't get blood from a turnip?" Well, in this case they can't get to your money if they don't know where it legally is. So, make your assets legally invisible by taking action now by speaking to an experienced asset protection attorney. A financial planner put it very well by saying: "Setting up a plan while the financial seas are calm is your safest and least expensive option."
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