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But in real life, though these same finance structures ( most administrated by credible and legal banks ), have been around for centuries, there are still many of us who think about the above strategic asset protection entities as illegal. Asset or court action protection laws were designed for the point of defending your assets from being frozen and the chance of unfair forfeiture. This is the furthest thing from the truth.
But, at the same time, I am not attempting to start a moral debate here nor am I suggesting nor would any solicitor in their right mind counsel that you dodge paying a judgment or fine that you justly owe.
Because when lifetime, incumbent judges and bleeding-heart juries stop handing out ridiculous decisions, then I can be the 1st person to tell you that you can no longer need to guard your hard earned assets.
I assume the irony of it actually is, collection barristers, regime ! agencies like the IRS and the FTC, and everybody outside the a! sset pro tection circle, make each effort to characterize legal asset protection as dishonest, fake, or worse.
Naturally, their motives are clear.
So, total asset protection isn't illegal or a privilege ; it's a liberty guarded by the U Constitution.
I think almost everyone would be absolutely shocked at what percentage of our congressmen and famous company giants have gone offshore to safe guard their millions in assets.
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