Yesterday I noted the negative connotation associated with the word “offshore” these days.
Apparently, the term “asset protection” is increasingly being demonized as well.
Mark Nestmann, an expert in both these matters, shared his observations about growing villification back on September 26, 2017, in an article on The Nestmann Group’s website. Nestmann wrote in “‘Asset Protection’ Isn’t a Scam”:
In the last few months, I’ve noticed an increasing stream of articles in the professional journals I read with the same theme: only tax evaders, fraudsters, and criminals pursue asset protection.
If I were a trial lawyer who earned his living by suing defendants with deep pockets, I might feel the same way. But you shouldn’t…
Nestmann put forth some solid arguments in defense of Americans’ legal use of asset protection, which includes offshoring.
An interesting and insightful read, which you can view here on The Nestmann Group’s site.
By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)
(Editor’s note: The mention of a particular business should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)