International Planning
International Asset Diversification: Expanding Your Asset Protection
While domestic asset protection strategies offer valuable security, some situations may require additional measures. International planning utilizes legal and financial structures in foreign jurisdictions to provide an extra layer of protection for your assets. This can be particularly beneficial for those facing significant exposure to lawsuits, creditors, or political and economic instability.
International Diversification Trust
- Consideration for High-Net-Worth Individuals: High-net-worth individuals should consider diversifying their investments by country or region.
- Global Investment Landscape: In today’s interconnected world, many international investors diversify across multiple countries to safeguard against political instability.
- Attractive Investment Options: Given current political uncertainties in the US, maintaining assets in other jurisdictions has become increasingly appealing.
- Custodianship in International Jurisdictions: While investing in US securities and bonds remains viable, assets can be held under custody in alternative jurisdictions, such as Switzerland.
- Access to Exclusive Investments: Investors can access opportunities typically unavailable to US citizens
- Trustee Services: Opting for a trustee in a jurisdiction like the Cook Islands can further safeguard assets against political volatility and potential legal claims.
Get your international planning done with Harbor Law Firm.
Benefits of International Planning
We understand the complexities of international planning and can guide you through the process responsibly and efficiently. At Harbor Law Firm, we work with a network of trusted international partners to ensure compliance with all legal and regulatory requirements. Our goal is to create a customized international plan that aligns with your unique financial objectives and risk tolerance.
Here’s how international planning can benefit you:
- Stronger Asset Protection: Shield assets from lawsuits, creditors, and some government claims.
- Potential Tax Savings: Reduce estate, income, or capital gains taxes (consult a tax advisor).
- Global Diversification: Spread assets across locations and currencies to manage risk.
- Estate Planning Efficiency: Facilitate a smooth wealth transfer and minimize probate issues.
- Enhanced Privacy: Increase confidentiality for your assets in select jurisdictions.
