British Capital Group is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals
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“Being the best is a road to travel, not a point to reach” is the lead phrase in British Capital Group credo. We’d like to put that spirit to work for you.
If you have $500,000 or more in liquid assets, an offshore asset protection plan is definitely worth considering.
What is an Asset Protection Trust?
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An asset protection trust is any trust utilized to insulate assets from creditor attack. An asset protection trust is normally established in an offshore jurisdiction, although the assets will more often than not remain in your country under the indirect control of the person establishing the trust (the "settlor"). These trusts are normally structured so that they are irrevocable for a term of years and so that the settlor is not a current beneficiary. Even though they are "foreign trusts" we normally structure them so that they are treated as domestic grantor trusts for tax purposes. With a properly drafted and timely settled trust, the creditors of the settlor cannot reach the assets of the trust. An asset protection trust is also normally structured so that the undistributed assets of the trust are returned to the settlor upon termination of the trust provided there is no current risk of creditor attack, thus permitting the settlor to regain complete control over the formerly protected assets.
An asset protection plan has two major goals:
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Are You Ready To Lose Everything?
It may surprise you to learn that the number one reason for people moving money offshore is not because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind.
With 170,000,000 lawsuits filed last year in the U.S. (product liability awards were up 44% in 1998 and class action lawsuits were up 21% last year) and 680,000,000 world-wide you owe it to yourself and your family to form an offshore trust fund with help of British Capital Group.
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| Modern legal precedents encourage frivolous lawsuits that often result in amazingly large settlements. Think it can never happen to you? When you're faced with losing everything you've worked your whole life for, it doesn't really matter whether we call them creditors or predators" or who is "right or wrong." Most people think they have done everything to protect themselves and their families. This is rarely the case. By having assets out of your home country, in a properly constructed trust for example, you can achieve substantial protection from illegitimate creditors and predators. You can make your wealth invisible to others. If they can't find it, they may not consider it worthwhile proceeding with a lawsuit in the first place. |
Peace Of Mind |
How Does It Work
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The living trust is based on a very simple principle:
Under United States, Canada and many European countries system of law, probate is necessary only when a person's assets stand in his name at the time of death. Once an individual has died, the only person who can transfer the decedent's assets is an executor or administrator acting under court order. With a properly drafted and funded living trust, however, the assets held in trust upon your death will not require the appointment of an executor, neither will the assets be subject to costly probate proceedings. Rather, your successor trustee can carry out your instructions regarding the distribution of your property following death without court interference. One attractive feature of the living trust is that you, as the creator (or "grantor") of the trust, have the power to amend or revoke the trust at any time during your lifetime. Thus, having a living trust does not require you to permanently part with use ownership or control of assets which you place in the trust. |
As Free As The Wind |
If you choose to implement your estate plan through the use of a living trust, you should, in most instances, transfer all of your property into the trust so that when you die, there are no assets in your name requiring probate administration. With a living trust, the functions usually carried out by an executor (asset inventory, tax return filing, distribution of property to your beneficiaries or your trustee) will instead be performed by the trustee or successor trustee.
How Does An Asset Protection Trust Operate?
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The Trust protects your assets because the funds placed in the Trust account are unavailable to persons who sue and may win a judgment against you. They are also unavailable to a court in the US or any other country in the world to hold (freeze or encumber) while a lawsuit is pending but before there is any judgment rendered in the case.
For example, say you have $500,000 in a local bank. Assume you are sued and are ordered to pay a judgment of $250,000. Since you have control over the $500,000 and the funds are available, you would have to pay the $250,000 judgment. Your money is not protected. Now, instead of keeping the funds in the local bank, you gift the $500,000 into British Capital Group Trust account. The transferred funds may be invested in either US or offshore investments probably similar to the type you currently hold. |
Welcome To Freedom |
Either way, this money 100% safe from a judgment, because you no longer own the $500,000, the British Capital Group Trust owns it. Essentially, you are placing your money into a foreign trust that is out of reach of potential creditors. By giving up the ownership of the assets, you are placing them beyond reach of a US or world-wide courts, who could order you to surrender them.
If you do not own them, or do not have signature authority over the accounts where the assets are deposited, it is impossible for you to comply with any US or world-wide courts order to surrender them. This is a perfectly legal position to take. (There is more to the concept than this quick summary, but the principle is clear.
We trust that we have clarified the intriguing world of British Capital Group Asset Protection Plan. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of these services.
The average person is frequently confused by the complexity of asset protection plan or international tax planning and discouraged by the substantial costs involved in registering a company or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes.
British Capital Group has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to form an Offshore Asset Protection Trust.
The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can open a financial account under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.
Please click here to explain us the full particulars of your situation and what you wish to accomplish. We will review your situation very carefully and offer to you a custom fitted solution. 95% of the time the solution will be simple to understand and 100% of the time it will be the least expensive alternative.
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There is only one British Capital Group. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. | ![]() |
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