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Best way to protect company owned assets

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Can you just stop posting fake stats and⁠ fake numbers?

Gold is up around 18% in Dollar terms since 2013, which is not⁤ amazing but not -4%.
SPY is not flat, it's up 250% since 2013.
Nasdsaq is⁣ up 40% since the beginning of this year, not 6%.
Crypto is still far from⁢ the peak and deep in red.

LOL

The central bank of Germany︂ is openly insolvent 😀

OK, now I'm sure you are living in a fake reality. Make︃ sure to take your meds in the morning so you get back to our reality.︄
 
Actually all 4 are unsafe 🙁....

1) Gold - a) remember when aluminum cost more than‌ gold at one time!!!
b) remember when the weight of pepper cost more than gold!‍

2) Fiat Cash- so many incidences to mention lol.... From devaluation to taking away high⁠ denomination bills from the currency.

3) Crypto- so many red herrings
 
If you already take 2013 as starting point for⁤ Gold and SPY, Bitcoin is up maybe a whole whopping around 3000x since early 2013⁣ (10ish $) as of today 😉
 
A trust= pay a large up front fee, then annual fees and other stealth fees‌ ....a real wealth generator not for the client but for the person who sets it‍ up..........I must have seen at least 10 misappropriation of trust funds over the years in⁠ the news...
 
Move around to other countries outside EU, open some personal bank accounts and setup corporations‌ while doing some business. Move the money around from your personal account as loan/investment to‍ a corporation and pay yourself back a dividend on another personal account in another jurisdiction.⁠ Move the money again as a loan to a corporation in another country and do⁤ the same.

Lend money to someone else their corporation and let that person return the⁣ loan again to another personal account.

Make sure you arent a resident anymore in Europe⁢ and get all assets out. Use only corporations to invest in properties,preferable with nominees.

Withdraw cash and deposit the cash to another account so there is no digital trace (chose︀ jurisdictions that have no crs or use another residency to register accounts abroad)

Unless you︁ are really wanted it will be difficult and very lengthy for anyone to follow the︂ money trace and once they get closer start moving or withdrawing again.
 
The best advice I have read so far. This makes TOTAL sense!︅
 
Sounds like great advice! Personal⁣ bank accounts will probably not generate high costs, but how a legal entity in another⁢ country? Is there any jurisdiction you would recommend?
I don't have any experience yet in︀ running an offshore company, do you know any references where I can learn as much︁ as possible about this specific topic?

Yea, I already did… managing︃ fees are incredibly high. I think unfortunately it's not worth for this amount of money.︄
 
regarding, trust, fundations,etc.. you have minimum statutory limitation periods in EU and also the best‌ offshore jurisdictions for Assez protection trust (from 12 months to 24 months).

an alternative would‍ be an investment in the form of a convertible loan for a specific project abroard⁠ (i.e. company in UAE) with the option of conversion to the borrower and not the⁤ lender. so in case something happens the lender converts it, it will be mostly illiquid⁣ and impossible for the creditors to take over it (and if they do, they will⁢ have something worth less than the legal fees). once you are all good, the borrower︀ buy your shares back for the amount of the loan.

it's quite common in my︁ area of work.. (crossborder FO's transactions).
 
I guess︅ you're worried about someone suing you and forcing you to sell your assets to pay︆ for the court action. Like forcing you to sell the shares in your cash rich︇ companies, or take the cash out.

I'm not sure how it is in Germany but︈ in the British system there are 'trusts' that can be setup for all sorts of︉ things. Trusts are the usual way to own assets. And trusts come in all sorts︊ of shapes and sizes.

One of those is a 'unit' trust where you personally can︋ buy units in. Units are not the same as shares. Units get defined by the︌ Trust Deed and the issuing of 'Revenue Unit's as one of those sorts of Units︍ has been popular for a few hundred years now. A 'Revenue Unit' has the rights︎ to the 'revenue or net income' of the trust but NOT the assets.

So you️ get any of the Trust's distributions, but the units have no wealth/asset value associated with‌ their ownership. They're not worth anything if you're being forced to sell them. And if‍ the trustee in charge of the trust doesn't distribute anything to you then you have⁠ no cash to settle any claims with.

Use of these sorts of vehicles can shrink⁤ your own personal asset value and make you a smaller target for anyone chasing you.⁣ If you're not much of a target, then prospective litigants usually think twice about beginning⁢ actions. If you 'control' the trust however you get to enjoy its assets still, without︀ owning them directly.

Here's an example from Australia for more detail: How to Legally Reduce︁ Your Tax: Without Losing Any Money! eBook : Chan, Ed: Amazon.com.au: Kindle Store

Hope this︂ helps.
 
Unfortunately, trusts are not︁ legally valid in Germany. The outsourcing of funds to foreign trusts (as domestically is not︂ possible) leads to a double taxation, on deposit and payout. As already mentioned, when donating︃ to a foundation, there is the problem that in case of dispute, this can be︄ reversed for up to 4 years.

However, your second suggestion sounds really interesting, the process︅ is still not completely clear to me… what can the loan be converted into by︆ the borrower?
I suppose the official representative of the offshore company should be someone else︇ then?

To be more precise, I am︅ more concerned that someone could sue both my company and me, putting the money in︆ the company, as well as my personal assets, at risk.

I wish trusts were a︇ possibility in Germany, but they are not tolerated by our system here, which leads to︈ multiple taxation as already mentioned 🙁

After some research, I think I understand the base concept︌ of a convertible loan. So you mean in case something happens, the borrower can convert︍ the given loan to shares, which brings the lender in the position of owning the︎ shares instead of the money, right? This would mean, theoretically, the creditor could take over️ the “purchased” shares of the offshore company. Is there anything the possible creditor could do‌ with those shares? What would happen if the lender gets bankrupt while holding some shares?‍
 
I really think you should speak to someone who specializes in this. Could be Gierhake‌ or someone else. I wouldn't want to go for a DIY solution.
 
You're right. I would just like to find a possible way and create‍ a rough concept first. For the final solution, I would definitely contact an expert in⁠ this field.
 
Why not just talk to an expert/lawyer right away? You'll need someone who is familiar‌ with German law. A solution that would work elsewhere may not work for you, as‍ you already saw with the trusts.
You could also pick up one of Gierhake's books.⁠ I don't know much about this, but there's a reason why he sells Liechtenstein foundations⁤ and not German foundations.
 
I already have Gierhakes book here, beside two other books referring to Asset Protection. Unfortunately,‌ the two books I already finished only cover the “white” way, which makes a short-term‍ asset protection impossible. I will read Gierhakes book over the weekend, hoping there are other⁠ more efficient ways. From what I've read, a Liechtenstein foundation will need a lot more⁤ money to invest. They also tend to work with the German government openly.

The reason⁣ I'm trying to get help here is, that I'm hoping there might be some people⁢ here, who are also experienced in this field and know some “gray” ways. If I︀ talk to a lawyer in Germany, they will most likely only show me the “white”︁ way as well.
 
#Bingo! 100% this right here! 😉

Note to self: So many people's⁠ minds, beliefs, & thoughts are "imprisoned" inside the "system", but yet hallucinate that the "parasites"⁤ leeching off the "system", would act with decency, integrity, honor, and in a "white" manner⁣ when these same unproductive parasites' self-preservation is at stake. 🙄
 
Please answer:
1. How soon you need this done. In a month, 6months, 1year, more‌ than 1year.
2. Will you be willing to move out from Germany.
3. Would you‍ be willing to spend 10-15% along the way to get this done?
 
1. 6-12 months would be good
2. Yes, I would move out of‍ Germany but this would cause even more problems as it triggers “Wegzugsbesteuerung”. I wanna keep⁠ the option to still visit friends and family in Germany and also stay for some⁤ time.
3. Highly depends on the exact solution but I’m definitely willing to spend some⁣ bucks on a good solution
 
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