Asset Protection Services

Concept of “global asset protection planning” embodies the reality that international estate planning by its very nature has always implicitly embodied the asset protection planning exercise – the preservation and transmission of wealth.

Providing executors, trustees, beneficiaries, and advisors the support they need to meet compliance obligations and maximize the after tax income of such structures, can help plan, promote, and implement a comprehensive asset protection strategy to meet the needs of each client.

Key Asset Protection Services provided:

• Jurisdictional advice and consultation
• Structural planning for asset protection, trusts and foreign asset protection trusts
• Change of status for foreign asset protection trusts
• Analysis of and compliance with foreign jurisdictions’ reporting requirements
• Portfolio management and investment selection regarding foreign asset protection trusts
• Planning for and utilization of grantor trusts, dynasty trusts, and integrated estate planning trusts
• Jurisdictional analysis and selection, including analysis of relevant factors regarding risk, economic environment, etc.
• Liaison for and facilitation of meetings with foreign tax officials, trustees, and banking officials
• Strategies designed to accumulate offshore earnings and minimize the accumulation of tax penalties applied to repatriated earnings
• Selection and use of trustee companies and both domestic and jurisdictions legal counsel
• Implementing safeguard options for asset protection trusts
• Compliance with information reporting and tax computation requirements
• Analysis of alternative foreign asset protection plans to meet client’s needs
• Estate and gift planning