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FOR IMMEDIATE RELEASE CONTACT:
ASSET PROTECTION STRATEGIES
OFFERED BY ASSET PROTECTION DIRECTOR JAMES REED

London, UK (April 13, 2009) – Customizing strategies to protect assets of wealthy families is much more involved than avoiding the fraudulent dealings covered in the media almost every day. This was one of the thoughts on asset protection offered up by James Reed, in a Conference about Asset Protection.

Appearing on a panel entitled “Asset Protection Strategies,” Mr. Reed said: “Asset protection used to refer to complex strategies to protect a family’s assets from lawsuits and taxes, but it has evolved into much more because of the ever changing landscape.

Today,” he added, “a more holistic approach is needed to address the complexities of multi‐generational families. As advisors, we must help the family address asset protection issues from a financial and non‐financial perspective.”

Mr. Reed laid out seven points that families of significant wealth need to focus on with their wealth management professionals, particularly regarding asset protection issues:
1. Provide for holistic, integrated planning
2. Take a long‐term view (5 years, 10 years, 30 years)
3. Demand a multi‐disciplinary approach and conduct good due diligence on advisors
4. Establish ethical boundaries
5. Build an implementation plan
6. Commit to education to bridge the generations
7. Be willing to rethink as the landscape changes

Nearly 250 conference attendees representing high net worth individuals and family offices in Europe heard private investors and money managers from around the globe hold engaging discussions on the latest wealth preservation and investment trends.

About Asset Protection
Asset Protection is an international law and business advice firm, dedicated to helping families sustain and protect grow their substantial, often complex financial assets and supporting the unique heritage of its clients across multiple generations.  Has been recognized as an innovator and leader in the wealth preservation industry since its inception. Today,  continues to redefine the family office experience for generations of professionals and wealth families.