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Special EU & EURO Warning – December 14, 2011Offshore Jurisdiction Comparison 
Guatemala CorporationGuatemala Bank AccountAnonymous Master Card and VisaHigh Limit Anonymous Offshore Visa & MasterCardAndorra Private Banking Swiss Forex and CFD Trading AccountFOREX and FUTURES Bank Account for BrokersForex Professional Broker Trading Accounts Offshore High Risk Merchant Accounts
Second Passports and Citizenships – Read this First PleaseWhy You Should Use USPensionado/Poor Man's Second PassportPoor Man's Second PassportSecond Passport and Second Citizenship ProgramsGuide to Economic Citizenship Passport ProgramsGetting Out of Dodge – May 18, 2012Getting Out of Dodge – May 14, 2012Getting Out of Dodge – May 11, 2012Getting Out of Dodge – May 9, 2012Getting Out of Dodge – May 7, 2012Getting Out of Dodge – May 2, 2012Getting Out of Dodge – Apr 26, 2012Getting Out of Dodge – Apr 25, 2012Getting Out of Dodge – Apr 23, 2012Getting Out of Dodge – Apr 12, 2012Fall of the American Empire – Update October 22, 2011Fall of the American Empire – Update October 15, 2011Fall of the American Empire – Update October 13, 2011Fall of the American Empire – Update October 12, 2011Fall of the American Empire – Update October 4, 2011Fall of the American Empire – Update September 26, 2011Update on the Panama USA Tax Treaty – Dec. 1, 2010Panama and USA to Sign Tax Treaty for Exchange of Tax InformationRead This Before Considering Panama as a Offshore JurisdictionPanama Ending Anonymous Bearer SharesPrivate Offshore Panama Bank AccountHow to Get a Non– Freezable Bank AccountPanama Virtual Office for Panama Bank DepositsPanama Real Estate Purchaser Legal RepresentationMolotov Cocktail Riots in GreeceIraq Dinar Revaluation – Exercise CautionReduce Legal Bills – Outsource Legal Work to IndiaDon't Travel With Your Gold CoinsSingapore Caves in to OECD Tax TreatiesGoing Off the US DollarOECD Tax Treaty Compliance FailingImportant Banking News Alert – Bank Reference LettersWhat Do You Want To Protect?Private Offshore Panama Bank AccountPanama Virtual Office for Panama Bank DepositsImportant Banking News Alert – Bank Reference LettersReal Estate Asset ProtectionPanama Real Estate Purchaser Legal RepresentationAnonymous No-Name Debit ATM CardThe OECD and the Tax HavensAnonymous Visa Cards (New May 2009)Asset Protection – Gold, Silver, USD, Euro, Yen, Swiss FrancNevis OverviewNevis Economy, Currency Exchange Controls, and Economic LegislationNevis Government and Legal SystemObama Muslims and Women's RightsAmazing Obama Birther Case Hits Supreme Court – 10/5/10Retired Three Star General Pushes Against Birth Certificate Free ObamaObama Wants Your Pension/Retirement MoneyObama and His AgendaElena KaganRetired US General Calls for Resignation of Obama - NowObama Kenya Birth Certificate Pops UpEU Times Online Publishes an Expose on Obama IneligibilityArizona Stands Against ObamaKenyan Government Official Cites Obama as Being KenyanLatest Obama Rumors – Columbia UniversityIs Obama a Muslim?The Farce of the G–20Obama Muslim StampObama and CommunismObama Scary TruthsObama Kenya Birth Certificate ObtainedObama Hidden Tax IncreaseThe Obama Not Qualified CaseObama Birth Certificate FraudObama Playing Golf with UBS America President Robert WolfAsset Protection in the USAWhat Will You Do if the FDIC Fails?Municipal Bonds – The House Built on Sand CollapsingDead Birds and Fish – Is this Bible Prophecy?Student Loan BubbleObama and this Once Great NationAlex Jones Calls the FBI Walmart Hotline to Report Terrorists (Government Officials)Mexico Trying to Cut Back on US Dollar UsageLet's Talk Broke States and Welfare FraudStory of A Police Department Falling ApartPolice Layoffs Ripping Through the USASen Michael Bennet Forget to Close Mic, calls Senate Vote RiggedTake Money Out of Banks to Collapse their SystemReal IRA Threatens to Blow Up London Bankers and BanksFrench Taking Money out of the Banks on December 7, 2010Anti-Austerity Protest Demonstration Spread Throughout EuropeEU Gives Americans Rights to Access All EU Bank AccountsBritish Expats Returning To UKUK Cracks Down on Six Million Tax ExilesFrance Obtains Stolen Bank Data From SwitzerlandEvery 30 Seconds Thugs Attack Someone in UKBritish Police Raid 6,717 Safe Deposit BoxesItalian Police Raid 76 Branches of Swiss BanksNetherlands Closing Prisons due to a Lack of PrisonersUK Parliament Member Verbally Attacks UK Prime Minister Brown (Brutal)EU Civil Unrest Starting!UBS Swiss Bank Closing Accounts of AmericansTranslate this page into...
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Introduction to International Trust Agreement Banking - International Trust Agreement banking is a purported means of maintaining privacy in your banking relationships. You are electing another person to be in control of your money via a written agreement. The bank does not know who you are, they know only the signatory. You cannot go to the bank and get your money. Presenting any agreements with the signatory will not work with the bank. You would need to go to court and get some court order to have access to your funds. Many clients consider this risky. This is not a service we provide. Below follows a discussion.
Queries – If there is a query to the signatory, the signatory has to either reveal who their client is or else the government agency doing the query may be very likely to act as if the money belongs to the signatory and proceed accordingly against the signatory. Any knowledgeable signatory knows this and is not going to stay silent and go to prison if the funds are ill gotten. The signatories usually have a plethora of reasons they will present to you why your identity will be concealed in a query. Ask yourself if you think this person is really go to face charges for you, destroy their relationship with the bank and get in a bad way with the banking authorities in that country just to help you out? The charges may only be conspiracy or facilitating charges but they will be charges. If it is a civil query then the signatory is going to ask you for funds to fight the query in civil court in the relevant jurisdiction. Think big money for this. The signatory is going to want to be paid handsomely for their time plus the lawyers they hire.
Funds Confiscation – Let us say the signatory has 95 clients. That is a lot. The signatory usually get 2% or 3% of the cash flow so this can be substantial. The setup is the signatory signs on 95 bank accounts in a given bank. They can be corporate accounts, trust accounts, foundation accounts it will not matter. Now assume that one of the clients the signatory has did something bad. He figures well heck let the signatory take the fall, my name is not on the bank account. So now law enforcement comes around and makes queries to the bank. They find out this party is acting as a signatory service. The first thing that will happen is the bank will freeze every account that signatory signs on irrespective of the corporations names to prevent further problems for the bank. Banks look out for themselves first and foremost. No telling how long these accounts will be frozen for. No telling when or even if the funds will be returned. No telling what due diligence would be required for you to claim these funds. In other words one bad person will ruin it for all the clients the signatory has. Think about it!
Trust Agreement Alternatives – As you can see the Trust Agreement or signatory service is more of an illusion than a serious asset protection vehicle. Trust agreement banking, international trust agreement banking and a signatory service are essentially the same thing. The risks are high, the fees high and well anything works if there are no inquiries doesn't it. The Belize Trust is a serious alternative, see below.
Belize Trust – The Belize Trust is immune from the decisions of foreign courts as long as the assets are in Belize. This is printed in their laws and we have these laws on our Belize Trust webpage:
Belize Trusts and Belize Bank Account
Your assets in Belize would be protected against civil judgements, divorce decisions, fraudulent conveyance, bankruptcy etc. There would be no ability to execute a foreign court decision against your assets in Belize that are owned by a Belize Trust. This scenario works if there is a corporation that has a bank account in Belize that is in turn owned by the Belize Trust making the corporation and its bank account an asset owned by the Belize Trust. Belize has no Tax Information Exchange Agreement with the USA. This is the best trust and only one protecting against fraudulent conveyance. We combine this with the Nevis LLC Corporation because Nevis does not even maintain a public registry for corporations and you are not listed as an owner of the corporation anywhere in Nevis. Your financial enemies will not knows this. If they try to bring an action in Nevis to discover ownership or something else they will have to post a $25,000 cash bond which they will most likely lose. They would also need to send their home country lawyer to Nevis to work with the Nevis lawyers which would be expensive. You can learn more about using Nevis LLC corporation in Belize here:
Now you have strong statutory asset protection, anonymous corporations, bank secrecy, complete control over your funds and no percentage fees to pay to any signatory service. Additionally you have peace of mind since you are in control and do not have to be concerned about what sort of problems other clients of the signatory service may create for the signatory service that spill over onto your money. Which do you think is a better solution?
Feel free to call, Skype of email to discuss asset protection needs with us.
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*Offshore Legal Associates Law Firm.We have no legal ties or associations with any other law firm or corporation with similar or like sounding names anywhere and should not be so confused with any other entity having a similar or like sounding name.
