Category: Asset Protection
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Offshore Banking – Some Basics
Two Banking Systems Over many year of working with clients from around the world, that the process of acquiring an international offshore bank account can be both alluring and intimidating at the same time. In fact, the processing of opening a personal bank account, or even more cumbersome a corporate account, can often by a…
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How to Benefit From a Self-Directed IRA
By David J Drummond Since the creation of the IRA in 1974, countless Americans have taken advantage of this investment vehicle. Although a traditional IRA certainly has some advantages, including a significant tax break while saving for retirement, there are also some drawbacks. As a result, many individuals are eager to turn to a slightly…
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Creating a Strategy for Your SDIRA LLC
By David J Drummond For many individuals, an IRA is one of the biggest sources of available capital. However, using a traditional IRA custodian limits your investment options and prevents you from making non-standard investments. Fortunately, there is an alternative: the SDIRA Limited Liability Company, or LLC. This asset protection structure allows you to capitalize…
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International Asset Protection
Asset protection is typically believed to be “reserved” for only the ultra wealthy. Nothing could be further from the truth. Asset protection, and specifically, international asset protection, can be utilized by all and, is truly mandatory, for some.
First Steps International, Ltd. 