Wednesday 7 March 2012

Important Wealth Protection Information


 

The big question always remains, “How do I protect myself and my wealth generating assets against changing times and circumstances in the world?

The very first thing you should understand is as an individual owning all your wealth “personally”, you are extremely vulnerable and exposed to certain obligations by law. As a citizen of your country you are an income generating asset to your country. This is the position your country would like to protect and the very reason why law makers implement laws to protect their income (Taxes). If your assets are owned by you personally or in an off-shore trust as a beneficiary you are one with your assets and you will have no doubt “big problems” if failing to disclose as obligated. If your country controls you they control your assets and their own income (Taxes).


This is the very reason why you should consider proper international structures to clearly define the line of ownership between you and your assets. Remember your country is entitled to their income (Taxes) and they will do anything to protect that position. If you have proper international structures and the ownership of your assets is properly defined your country can legally receive what they entitled to which in no way could put you in a position where you break the law to protect wealth.

By Premier Gold Group

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