The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world’s rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions.
The more we learn about world leaders and politicians hiding potentially ill-gotten gains is a big deal. These leaders are using power to funnel public money into their own offshore companies at the expense of their constituents.
But for those of us who honestly build our assets and want to preserve our wealth, it should be clear that it is not the use of offshore companies that is illegal. What is problematic is using those companies to hide assets.
That’s why Sollertis is such a big advocate of an asset-protection vehicle known as a Bridge Trust. A Bridge Trust combines the protections of an international trust with the simplicity and transparency of a domestic trust.
I invite you to learn more about this valuable tool here.
This material has been prepared by Sollertis for informational purposes only and nothing herein is intended as legal advice for any particular or individual situation. You should not rely upon any information herein as a source of legal advice, and receipt of any such information does not create an attorney-client relationship between you and Sollertis. Viewers and readers should not act upon this information without seeking professional legal counsel. Prior results do not guarantee a similar outcome.
