How to Legally Protect Millions of Dollars

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  • čas přidán 27. 08. 2024
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    Summary of this video:
    💰 Protecting Wealth Legally
    - Protecting multimillion-dollar assets legally involves strategies such as trusts, overseas accounts, and entity structuring.
    - Trusts in jurisdictions like the Cook Islands offer robust asset protection with considerations for tax implications under different nationalities.
    - Setting up a trust abroad requires compliance with local and international tax laws, ensuring transparency with tax authorities.
    🛡️ Protecting Assets with Overseas Trusts
    - Establishing a trust in the Cook Islands provides secure asset protection, albeit at a considerable cost.
    - Assets held in such trusts can be safeguarded from legal actions and financial liabilities, adhering to jurisdiction-specific regulations.
    - Utilizing Swiss and Liechtenstein banks alongside these trusts enhances privacy and financial security for high-net-worth individuals.
    💼 Safeguarding Wealth with Crypto and Vaults
    - Hardware wallets offer secure storage for cryptocurrencies, ensuring protection from hacks and unauthorized access.
    - Storing hardware wallets in private vaults in trusted jurisdictions like Singapore or Dubai adds an extra layer of security against physical threats.
    - Cryptocurrency assets held in this manner remain protected from governmental scrutiny, provided all transactions are legal and transparent.
    🏛️ Establishing Foundations for Asset Privacy
    - Foundations established in jurisdictions like Abu Dhabi provide a private structure for owning assets without public disclosure.
    - Multimillionaires often use foundations to hold properties, vehicles, and other assets discreetly, enhancing asset protection strategies.
    - Comparatively, trusts in locations like the Cook Islands may offer more comprehensive legal protection against civil lawsuits and personal claims.
    🗃️ Complex Entity Structuring for Asset Protection
    - Layering ownership through companies and trusts creates intricate structures that deter legal challenges and asset seizures.
    - High-net-worth individuals often utilize complex ownership arrangements to safeguard assets, requiring specialized legal expertise.
    - Incorporating entities in multiple jurisdictions, including secure banking in places like Liechtenstein and Singapore, further fortifies asset protection strategies.
    DISCLAIMER: This video is not tax and/or financial and/or investment advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.

Komentáře • 107

  • @Morris_vanwormer
    @Morris_vanwormer Před měsícem +63

    I’m favored financially with Bitcoin ETFs approval, Thank you buddy.$32,000 weekly profit regardless of how bad it gets on the economy.

    • @William.Jones01
      @William.Jones01 Před měsícem

      I feel the same way. I believe the approval of Bitcoin ETFs will be a life-changing opportunity for us. With my current portfolio, managed by my personal financial advisor, Debra Lynne Cephas, I completely agree with you.

    • @michaelkarl8134
      @michaelkarl8134 Před měsícem

      YES!!! That’s exactly her name (Debra Lynne Cephas) so many people have recommended highly about her e from Brisbane Australia…🇦🇺

    • @jeffmatt
      @jeffmatt Před měsícem

      She is my family’ personal Broker and also a personal Broker to many families in the United States, she is a licensed broker and a FINRA AGENT in the United States.

    • @annanewman8368
      @annanewman8368 Před měsícem

      If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Because their entire skill set is based on going long and short at the same time, they employ a profit-driven strategy based on individual risk tolerance.

    • @merrykane9183
      @merrykane9183 Před měsícem

      A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some < professional advice. ‹ it's totally inappropriate for investors to hang on while suffering from dip during significant

  • @zdrux
    @zdrux Před měsícem +12

    Millions are nice but, I'd like to know how to protect my $1,405.

  • @user-vv4yr5xm9u
    @user-vv4yr5xm9u Před měsícem +1

    Hi.. If I open a company in um al quwain free zone in uae and trade crypto . should I give tax for the profit.

  • @charis.a
    @charis.a Před měsícem

    But is it safe to hold USDT and USDC?

  • @LayzeeDee
    @LayzeeDee Před měsícem

    Once my investments explode im going to call you for help getting out the UK with ALL my money asap

  • @SimonJane-gq5bp
    @SimonJane-gq5bp Před měsícem +2

    Over the last mnths, I've become aware that crypto is the future cuz I invested $15k and made up to $50k as weekly profit I appreciate the help of your channel ❤❤

    • @imtiyaz-jt3vx
      @imtiyaz-jt3vx Před měsícem

      That's quite a significant increase! Curious, how where you able to achieve this in a short period ? I will appreciate if I could get some tips please 🙏

    • @SimonJane-gq5bp
      @SimonJane-gq5bp Před měsícem

      Oh yeah!!!

    • @SimonJane-gq5bp
      @SimonJane-gq5bp Před měsícem

      Finding a financial advisor with expertise in cryptocurrency can be beneficial for navigating the complexities of this rapidly evolving market.

    • @SimonJane-gq5bp
      @SimonJane-gq5bp Před měsícem

      I think I'm blessed if not, I wouldn't have met someone as spectacular as ma'am Laura Lynn 😊

    • @SimonJane-gq5bp
      @SimonJane-gq5bp Před měsícem

      her transformative power of trading is remarkable. Despite being a medical doctor by profession, I've found that copy trading generates higher income for me without the need for direct involvement in trading activities

  • @borngreat8962
    @borngreat8962 Před měsícem

    Passphrase is useless for hardware wallet, seed phrase supersedes everything. Anyone with seed phrase can restore the wallet and setup a new passphrase (pass code)

    • @WealthyExpat
      @WealthyExpat  Před měsícem +1

      Passcode and passphrase are different, passphrase is an extra word

    • @MrAthenian89
      @MrAthenian89 Před měsícem

      ​​@@WealthyExpat You talk about cook islands trusts so often. There's a a similar and cheeper option. The Cyprus international trust. Look it up. The copied the playbook from cook islands and made it even better

    • @MrAthenian89
      @MrAthenian89 Před měsícem

      ​@@WealthyExpatYou talk about cook islands trusts so often. There's a a similar and cheeper option. The Cyprus international trust. Look it up. They copied the playbook from cook islands and made it even better.

  • @AjayHada-mi2he
    @AjayHada-mi2he Před měsícem

    Vematum's unique features have me convinced it's a winner.

  • @Jdjjdkdsolwkdjdjjkddjjfd
    @Jdjjdkdsolwkdjdjjkddjjfd Před měsícem

    Vematum's tokenomics are well thought out. Bullish!

  • @vandanahada11
    @vandanahada11 Před měsícem

    Vematum's focus on user experience sets a new standard.

  • @youssefzoka64
    @youssefzoka64 Před měsícem +3

    A WEIRD QUESTION but
    Bro do you go to the gym?
    Because seriously your shoulders are getting stronger

    • @infiad1275
      @infiad1275 Před měsícem +1

      He was an athlete- Champion Judoka from Puerto Rico.

  • @ChrisBickley528
    @ChrisBickley528 Před měsícem +50

    You are so consistent with your videos! I very much appreciate your genuine content. It’s a testament to the character you represent. Adriana Jensen at being a great teacher and human being! I know that I have learned so much from you in the last few months. You helped me ask & answer a very important question..."What are your crypto convictions?" This question alone really has provided a healthy foundation to build off of. I've been in crypto for almost 4 years...and I have found so much value in your content. Thank You!

    • @ChrisBickley528
      @ChrisBickley528 Před měsícem

      She's mostly on Telegrams, using the user name

    • @ChrisBickley528
      @ChrisBickley528 Před měsícem

      adrianajensen
      That's her username

    • @elizabethwestbrook4121
      @elizabethwestbrook4121 Před měsícem

      Thanks for keeping it light and real at the same time. Much needed for us traders in times like these….

    • @nathannornberg8348
      @nathannornberg8348 Před měsícem

      The internet is filled with so many useful information about Adriana Jensen’s crypto….

    • @PeterSayer238
      @PeterSayer238 Před měsícem

      This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

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    @Joysingtudu-zf7yq Před měsícem

    Vematum's market entry timing couldn't be better.

  • @Ashkan_Thereal
    @Ashkan_Thereal Před měsícem +1

    Your editor trippin haha

  • @NEO-oo9vh
    @NEO-oo9vh Před měsícem +2

    I’m looking to get Maltese citizenship through descent, but I was just curious how long the process would take especially if I wanted to get 0% taxes on capital gains?

  • @monkeyrater
    @monkeyrater Před měsícem +13

    Using Swiss banks only benefits people with over $10M+ net worth. Most anyone else is going to have their money tied up in real estate and investments. Id really like to see more advice for people making $200K/yr self employed internationally

    • @WealthyExpat
      @WealthyExpat  Před měsícem +16

      Sounds good, I'm planning a video on digital nomad visas too

    • @kevinp8027
      @kevinp8027 Před měsícem +1

      @@WealthyExpat Can't wait for that!

  • @RupeshKumar-bn4vj
    @RupeshKumar-bn4vj Před měsícem

    The speed of Vematum's transactions is a game-changer.

  • @ogbackroadcryptobootleg
    @ogbackroadcryptobootleg Před měsícem +1

    😎👑😎

  • @chiranjeetparamanik4089
    @chiranjeetparamanik4089 Před měsícem

    Vematum's growth in the past months is just the beginning.

  • @DreamChaser-l6v
    @DreamChaser-l6v Před měsícem

    Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

    • @BreadChaser-jm9dd
      @BreadChaser-jm9dd Před měsícem

      You're right

    • @BreadChaser-jm9dd
      @BreadChaser-jm9dd Před měsícem

      That is why I had to start forex trading 2months ago and l now am making benefits from it.

    • @DoroDeejarh
      @DoroDeejarh Před měsícem

      speaking of forex trading I know I am blessed if not I wouldn't have met someone who is as spectacular as expert Eugene Murphy

    • @DoroDeejarh
      @DoroDeejarh Před měsícem

      The very first time i tried, i invested $2000 and after a week, i received $19000. That really helps me a lot to pay up bills

    • @MarekPiatek7666
      @MarekPiatek7666 Před měsícem

      As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Eugene Murphy. A widely known crypto consultant

  • @xanderthegreat1487
    @xanderthegreat1487 Před měsícem

    Blockchain as much as possible yeah

  • @yadavff2958
    @yadavff2958 Před měsícem

    Vematum's commitment to transparency is refreshing in the crypto space.

  • @modern.mumukshu
    @modern.mumukshu Před měsícem +2

    You lost weight. Are you all right?

  • @MyLatinLife
    @MyLatinLife Před měsícem +1

    Epic

  • @GarrettTruesdale
    @GarrettTruesdale Před měsícem

    if you want to protect millions of dollars why not just buy gold bullion and put it in a safe vault somewhere?

  • @farhangul1025
    @farhangul1025 Před měsícem +1

    Sorry, it's off topic, here's the question: how to transfer USDT from OKX wallet to the exchange? Nothing except the seed phrase: bar buffalo stone electric maze limb oil match obtain rice above asset

  • @Escape_The_Mundane
    @Escape_The_Mundane Před měsícem

    The britain. Many people with British names. So many people just from the British. I was looking up my families name. Many Many people all over world.

  • @rasloonz8736
    @rasloonz8736 Před měsícem

    Thank you, really great info. I am looking forward to speake to you some day.

  • @sonminorimitsuu2838
    @sonminorimitsuu2838 Před měsícem

    I can't wait to work with you and your team this year.