safety deposit box.
• How to move money privately.
• How to invest your IRA or pension internationally.
• U.S. laws for reporting wealth held internationally – and strategies to legally avoid them.
• Using offshore life insurance and annuity policies for privacy, asset protection, and tax avoidance.
• Low cost alternatives to offshore trusts.
• How to structure offshore businesses to legally defer profits from U.S. taxes.
• The nine best jurisdictions for investing and doing business offshore.
No book of this length and level of detail can possibly be 100% error-free. Please contact me with your corrections, suggestions, criticism, or praise. As I investigate, research, and write on these topics, I publish updates to this book and other publications. You can sign up to be notified of any updates at www.nestmann.com.
I am writing these words in March 2011. All the suggested strategies that are contained in this book are, to the best of my knowledge, legal as of March 1, 2011.
One final introductory note: for your convenience, this book contains hundreds of links to Web sites. These links constantly change and you may find the one you need to be out of date. In many cases, all you need to do is to shorten the link to retrieve the data you need. For instance, to opt out of having your personal data sold to direct marketing companies by Acxiom Corporation, you need to complete an online request form at http://www.acxiom.com/ opt-out-request-form. If Acxiom changes this link in the future, you’ll probably be able to retrieve the new link by visiting http://www.acxiom.com and following the prompts.
Notes
Endnotes
1 United States vs. Aversa, 84 F.2d 493 (1st Cir. 1993).
2 Robert J. Mintz, Asset Protection for Physicians and High-Risk Business Owners (R.J. Mintz, 1999, 2002).
3 Jackpot Justice: The True Cost of America’s Tort System (Pacific Research Institute 2007).
4 Pub. L. 101-336, 104 Stat. 327 (1990)
5 Pub. L. 90-321, 84 Stat. 1127 (1970).
6 Pub. L. 91-452, 84 Stat. 941 (1970).
7 “The Recession Begins Flooding Into the Courts,” The New York Times Dec. 27, 2009.
8 Saul Hansell, “One Subpoena Is All It Takes to Reveal Your Online Life,” The New York Times July 7, 2008.
9 Richard Neely, The Product Liability Mess: How Business Can Be Rescued from the Politics of State Courts (Free
Press, 1988).
10 “The Great White Shakedown Winds Down.” Overlawyered.com June 14, 2008 http://www.overlawyered.com.
11 Tresa Baldas, “Obese Employees Injured at Work Add On Weight-Loss Surgery,” The National Law Journal Sept. 15, 2009.
12 United States vs. 867 County Road 227, Case No. CV00694 (D.C. Alabama, April 19, 2010).
13 “E-Z Pass Now Hard On Adulterers in N.J.,” WNBC (New York) Aug. 9, 2007 http://www.msnbc.com.
14 “Fighting Words,” Worth September 2007.
15 “Tax Treaty Round Up,” Tax News & Views Nov. 7, 2009.
16 Instructions for Treasury Form TD F 90-22.1 (2008).
17 “Amendment to the Bank Secrecy Act Regulations—Reports of Foreign Financial Accounts,” Federal Register Feb. 24, 2011.
18 John S. Baker, Jr., “Revisiting the Explosive Growth of Federal Crimes,” Heritage Foundation June 16, 2008.
19 Katz vs. United States 389 U.S. 347, 350 (1967).
20 Smith vs. Maryland, 442 U.S. 735,736 (1979).
21 See, e.g., Greenman vs. Yuba Power Products, Inc., 59 Cal. 2d 57; 377 P.2d 897 (1963).
22 See, e.g., Walt Disney World Co. vs. Wood, 489 So. 2d 61 (1986).
23 Pub. L. 98-473, 98 Stat. 2050 (1984).
24 Asset Forfeiture Fund and Seized Asset Deposit Fund Annual Financial Statement Fiscal Year 2008 (U.S. Department of Justice, Office of the Inspector General Audit Division, Audit Report 09-19 March 2009).
CHAPTER ONE: DO YOU WANT THAT ON YOUR PERMANENT RECORD?
Privacy
