Asset Protection Terms to Learn

Equity stripping – the process of reducing the equity value of a real estate asset – is one of the oldest asset-protection strategies. Essentially, it entails encumbering a property with debt to such an extent that there is little or no equity for creditors to acquire

Equity Stripping

Example a gentleman once asked me if I could equity strip his race horse. I answered yes, you can even equity strip a horse! If a creditor then tried to seize the horse and sell it, an equity stripping program would ensure the creditor wouldn’t get a dime for doing so – all money would go to the senior lien holder, which happens to be an entity that’s friendly to the debtor. Thus, equity stripping can protect assets that are not only difficult or impossible to move offshore (such as real estate), but it can also protect assets that cannot easily be moved outside of a business and leased back (such as accounts receivable.) See: https://www.assetprotectiontraining.com/pros-and-cons-of-equity-stripping/

Transfer Pricing and Tax Havens Taxes | Finance & Capital Markets
From the Khan Academy - To watch on YouTube Click Here

How a corporation can set up a tax haven and use it through transfer pricing.

Trusts

We work with our clients to establish irrevocable trusts designed to their specific needs, wishes, and desires by taking into account any business matters, family specifics, and all risk factors.

Copyright (c) 2016 Roger J Hourihan