We are all living in a technologically changing world. It holds both the promise of new wonders and threats of existential destruction.Risk and reward will equally be impacted by the vast new opportunities to acquire wealth and lose it.
We are all living in a technologically changing world. It holds both the promise of new wonders and threats of existential destruction.
It is natural that people who are of illegal or legal larceny take what they determine to be reasonable action to protect against being plundered. This widely perceived exposure to being robbed by ever increasing scams and shams including legal, governmental, and financial privateering drives the desire by the everyday citizens for privacy and asset protection.
Advancing forms of prosperity create new exposures for loss. Larceny has always been as much a part of the human character for some people as compassion is for others. Publicly enforced wealth deprivation due to taxes, regulations, and other governmental impositions are becoming more intrusive and complex. The nearly out-of-control litigation industry shows no sign of abating. New and novel means will be required to deal with the growing institutionalized attacks on affluence.
These entities and planning structures also serve a long litany of other individual needs such as means to organize investments, plan for tax efficiency, deal with personal and family disharmony and reduce the risk of economic or legal loss. Even traditional planning structures like trusts and foundations were updated by special legislation to provide an effective and efficient means for asset protection to secure future financial survival.
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