Bullet Proof Asset Protection

If you have substantial assets and/or serious potential financial enemies the following asset protection strategy may be of value to you. It is not very complicated but it is highly effective.

What is done is an anonymous Panama Bearer Share Corporation is formed. The owner of the Corporation is an anonymous Panama Private Interest Foundation. The anonymous Corporation is not owned by you and you can say so, plus the Panama Foundation really has no owner so you are not misrepresenting anything. Of course the Corporation can bank at one bank in Panama and the Foundation at another Panama bank. The Panama banking system has a Panama only ACH system allowing one to transfer money from one Panama Bank account to another even in a different Panama Bank. This is all done without using the not private international wire system and since it is Panama Bank to Bank, it is all covered by the Panama Bank Secrecy Laws. Additionally the Foundation or Corporation may have a stock brokerage account, own real estate in any country, own cars, boats etc. You can donate assets to the Foundation, transfer assets to the Foundation for a annuity, etc. We have formal contracts available on our price page for these arrangements. You could also work for the Foundation as an asset manager or investor by formal contract.

Imagine how hard it would be for someone trying to work through this maze of legal structures in Panama with the worlds strongest bank secrecy laws to establish a beneficial owner and don't forget the time it would take which would be years and the expense would be most substantial. The chances of success for your financial enemies would be minimal at best and the expense would be massive, so the risk versus reward for them would not be a good choice. This can be overkill for some but can certainly be considered to be what is commonly referred to as “bulletproof asset protection” (but please be advised that “bullet proof asset protection” is a subjective non-legal term).

We can custom design a number of asset protection solutions other than the one above. Do give us a call and discuss your needs and we can offer suggestions.

For additional information on this subject go to:

http://panamalaw.org/bearer_share_corperation.html

http://panamalaw.org/panama_foundations.html

http://panamalaw.org/foundation_protectors.html

For more information, please visit:
http://www.panamalaw.org
email at: panamalegal@hush.com