Asset Protection - Are Your Assets Protected? Part 2 of 2
Piercing Asset Protection Structures
How does the asset protection corporate veil get pierced regarding an offshore bank account? Well a court order to get the information regarding a bank account, a trust, a corporation or a foundation is going to be required.
Such court orders are generally reserved for serious criminal matters like narcotics, terrorism etc. Civil matters from countries outside of the jurisdiction where the bank is would rarely if ever result in the production of a court order for information.
Be Prepared
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Tags: asset protection, ibc, international business corporation, irs, own nothing, panama, pif, private interest foundation
