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International Asset Protection – Real Estate Onshore asset protection may shield assets from litigation. Offshore asset protection, though more costly, offers greater benefits: 1) No U.S. jurisdiction on offshore assets. 2) No enforcement of U.S. judgments. 3) Privacy/confidentiality. In my practice I recommend the following jurisdictions: 1) Where the statue of limitations on fraudulent conveyances is two years 2) In Bahamas, U.S. judgments must be relitigated; 3) That do not reciprocally enforce foreign (United States) judgments (Bahamas and Isle of Man); 4) In the Isle of Man, no service of process for lawsuits on non-residents defendants and U.S. judgments must be relitigated. 5) Life Insurance Policy (Cayman Islands) creditor protected: Exempt from attachment; Please visit our International Asset Protection Blog for more information. |
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