Category: Asset Protection

  • Best International Bank Award

    ST HELIER, Jersey, March 31, 2010 – Abbey International is currently celebrating twice over having won the coveted Best International Bank award in this year’s Investment International Finance Awards and this week secured a “Best Buy” listing for its popular 18 month fixed rate deposit currently paying 3.57% AER with Moneyfacts, the independent industry monitor (source: Moneyfacts.co.uk). The Investment International awards are amongst the oldest…

  • Fidelity Research Institute Retirement Index

    Special Focus on Retirees Shows High Incidence of Forced Early Retirement Due to Health Reasons and Higher Monthly Expenses than Anticipated BOSTON–(BUSINESS WIRE)–The Fidelity Research Institute today announced the findings of its 2007 Retirement Index, which showed the typical working American household is on track to replace 58 percent of their income in retirement –…

  • The Truth About Offshore Investing

    Offshore banking and investing is not littered with money laundering criminals, fraudsters, and tax evaders as many governments will have you believe. In respect to these types of crimes the reality is that there is infinitely more criminal activity onshore within their countries then there is offshore. There is a huge difference between those who…

  • Tax shelters are like ice bergs…

    Tax shelters are like ice bergs… … because the 10% on top is glistening and gleaming and looks wonderful, and 90% of it that is hidden is filled with unknown dangers. The history of tax shelters in the United States has at best, been dubious, and at worst disastrous. The biggest problem with a tax…

  • Avoiding Forced Heirship

    Forced heirship rules in many civil law countries are an ongoing source of family problems which have frustrated proper estate planning and divided families into warring camps for generations. While there are a number of very good solutions for this problem, one of the most popular is the use of a foreign trust structure to…

  • Legal Ways to Save Taxes Offshore

    One of the most common motivations for those who venture offshore is the belief that they can avoid or defer U.S. income taxes with a foreign bank account, a foreign trust or a bearer share foreign international business company. Some of that belief is based on very old and outdated information. Some of it is…

  • The Foreign Deferred Private Annuity

    One of the most powerful estate planning tools available to the modern international financial planning practitioner is the FOREIGN DEFERRED PRIVATE ANNUITY (FFDPA) An FFDPA is a contract between an individual (the “Annuitant”) and a foreign entity that is neither an insurance company nor in the business of selling annuities (the “Company”). In an FFDPA,…

  • How to choose the right IBC

    The following questions need to be asked when determining which IBC is best for your specific needs. There is no right or wrong answer to any of these questions. But there are some answers that are better for you, and others that are worse. Q. What specific kind of IBC do you require? (A corporation,…

  • Can you trust a trust?

    The trust is the oldest of all of the entities currently used in international financial planning. Some say it dates back to Roman times, but it certainly dates back at least to the time of the Crusades, when it was used to protect the estate of the knight or Lord who went to fight in…