In social functions, I always get asked about “How do I hide my assets?” From who are you trying to hide your assets from? Is there a legitimate way to hide your assets?
You will know if you have succeeded in hiding your assets if an asset search by an extremely interested party does not reveal your identity. In a post 9/11, its not possible. Everything has become more transparent with the passage of government banking acts.
Interested parties have a way of finding the true owner for the right price. The Internet is running on high steroids. Anything you do is public knowledge.
However, the original owner and its present owner can legally be changed without having to go offshore. Legitimate repositioning of assets from you to an irrevocable trust is perfectly legal. The fact is, if your assets are owned by a subchapter S. Corporation or a Limited Liability Company and in turn the shares of the Sub S or membership units of the LLC are owned by an irrevocable trust, its the fortress of US Asset Protection.
HIDE YOUR ASSETS WITH IRREVOCABLE TRUSTS
How to hide your assets is a simple as the repositioning your assets through an...