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Life insurance and annuities may be used for asset protection as well as estate planning. Both federal and state laws include some exemptions for the cash value or the proceeds of life insurance.
→ Read MoreThe search for tax loopholes is almost as old as tax itself. People have tried to thwart the IRS’ collection of tax debts of all kinds every which way possible. From making fraudulent transfers to hiding money under the floorboards, Americans have tried to cheat the IRS out of its due.
→ Read MoreIf you are looking for a way to protect assets from snoopy investigators, a Swiss account can be the ideal place. The main reason for having such an account for most people has to do with keeping one’s financial status a secret, and protecting one’s assets from attack.
→ Read MoreFind the right lawyer for your legal issue.
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