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Bulletproof Offshore Asset Protection
Publisher: Jim Bennett Inst
Publication Date: 1999-02-15
Number of pages: 160
Bulletproof Offshore Asset Protection
The Money Fortress for the New Millennium
by Jim Bennett
If you keep money or other assets in the United States, it's time to look at other options. Because the court system in this country is out of control. Today, if you keep all of your money in the U.S., you're asking for problems, and even the most powerful, most expensive lawyers may not be able to protect you.
In the U.S., the number of lawsuits is increasing 7 times faster than the population. The number of lawsuits now in our court system awaiting resolution has topped 100,000,000. For emphasis, I'll say it again. Right now, over 100 million lawsuits are literally choking the life out of our court system waiting for some sort of resolution. It's no wonder, for example, that federal judges in New York sometimes wait as long as 11 years to decide non-jury trials.
And that's not the worst of it!
Every year, plaintiffs file 30,000,000 new lawsuits. On average, that's over 82,000 lawsuits per day!
Lawsuits have become the plaintiffs' negotiating strategy, a bullying tactic they use to force you to pay money. You see, plaintiffs and their lawyers have learned that if they sue you, you will likely give them (at least part of) what they want. This is because the cost of hiring defense lawyers and going to trial has mushroomed beyond what many executives, professionals and businesses can afford.
So, plaintiffs conclude, "If we sue the defendant, one of two things will likely happen: Either the defendant will give us money to go away. Or we'll keep the defendant tied up in court for 2 to 5 years and then the jury will give us the defendant's money."
As you can see, in either case, the money comes out of your pocket!
Of course, you might win the case. But at what price? To win your case, you could easily pay six figures to your law firm. So in the U.S. today, even if you win, you lose. The price of lawsuits is so high that our court system is often the last place you'll find justice.
Who are the plaintiffs who can't wait to sue you? Just about anyone you can name. They include unhappy employees, clients, patients, customers, shareholders, investors, directors, partners, creditors, neighbors, friends, spouses and children. Anybody can sue you, if that person wants to. And many will.
To understand your attackers, let's look at what plaintiffs' lawyers have in common:
1. They love money. The more they stand to gain, the better they like it.
2. They love to gamble. They don't mind losing cases now and then because the winners far more than pay for the losers.
3. They love to fight. They don't mind wrestling with your lawyers for years in an effort to see who comes out on top.
4. They love to control. They will gladly spend weeks in depositions asking you tough questions so they can show you that they have the upper hand.
But, first and foremost, always, is the money. Money is the essential ingredient. If plaintiffs lawyers can't get your money, they won't waste one minute pursuing the plaintiff's case.
So the key to preventing lawsuits, the key to protecting your assets, is to make sure predator-plaintiffs and their lawyers can't get their hands on your money.
Here is all you need to know to protect your assets: If your assets are beyond the reach of U.S. courts, judges can't seize them, Robin Hood juries can't award them to a defendant, and plaintiffs' lawyers can't enforce judgments against them.
When plaintiffs' lawyers discover they can't get your money, they won't waste any time trying. Why should they! They can find someone else to sue who does have money in the U.S., which makes them a much more attractive target.
You want to know more, and you should. Because every day the problem grows worse. Every day creative plaintiffs' lawyers concoct new reasons to sue defendants. Consider this list of common reasons
Employment lawsuits arising from: Age discrimination. Racial discrimination. Gender discrimination. Religious discrimination. Pregnancy discrimination. Disability discrimination. Mental illness discrimination. Addiction discrimination. Sexual harassment. Peer harassment. Gossip among employees. Job references (good or bad). Whistle blowing. Retaliation. Wrongful termination. Negligent employee retention. Releasing medical information. Unequal mental vs. physical health coverage. Employee injury from chemical exposure. And much more.
Professional Malpractice lawsuits arising from: Medical malpractice. Legal malpractice. Psychological malpractice. Engin