How to set up a Foreign Trust for Private Business & Protect Assets - Tips of the Wealthy!

What's up friends and family, it's the Bad Wolf. All right, so I have received a couple of questions on how to set up a foreign trust. For those of you who don't know what a foreign trust is, basically it's a company outside of the territorial United States, usually offshore, where you can put assets and money and anything you really want into it, which keeps their hands off of your stuff. Some people will put their car, you know, or their house or their entire bank accounts, even set up a bank account offshore just to keep it so that the U.S. G.O.V. and other parties don't have access to it. So when you form this, basically you're the owner, trustee over it, you have full say so and rights and it's a shell of a company which has a different jurisdiction, which means that they can't touch it. So once you do this, your assets are protected. Now I could go into the specific detail of the paperwork and all that, but you need to do your own homework and research, but I'll help you out. What you're going to want to do is go to these people. These are some of the foremost experts. This is offshorecompany.com, offshorecompany.com. They are one of the top experts in doing this. I don't know what their fees are. They're not paying me, so it just is what it is. You can find other ones. These people I know are reputable and aren't going to screw you over. So if you don't want to use them, then the next best place to do it is on your own and that is done through the IRS. Yes, sometimes the best way to find out something devilish is to deal with the devils themselves because they're in the business for this and depending on how you set it up, you may or may not have to do taxes. So they have all the answers. So what you're going to want to do is just you can even just google setting up or how to set up a foreign trust or how to set up an offshore foreign trust and it should take you here. You can put an IRS if you want to. Otherwise, this particular page is under foreign trust reporting requirements. Either way you go there, you can call them and ask them. They'll give you the information, but that's how you would do that. You can actually literally hit the ground rolling yourself and contact a foreign country, get a hold of their business creation department or division or whatever and then tell them you want to set up one over there and for the most part, you're going to have to pay a fee and then they'll set you up with your information and send you or email you your numbers and all the other stuff. So then you've just created a business in a foreign country. All right, so that's pretty much it guys. It's not really a hard process. A lot of wealthy people do it. If you have assets that you want to protect, this is definitely one of the ways to go because you're simply taking their hands off of it. Any of that stuff that you have is now protected through your offshore foreign trust, which you have control over. So short video guys, that's pretty much about it. For any other information on some other questions asked, check out all the videos on the main page. The offers and information on apps and things of that nature and also the files which are available for purchase are all down below. If they're not, they're on the main page in the about us section. Okay, so that's about it. Thank you for your time. I appreciate you. Subscribe, bell, like, notifications if you want and stay cool. Talk to you guys later. Have a good one.