Are you still worried about asset protection even after starting an anonymous foundation? Don’t worry, we have more tips for you still!

For one start taking new and creative measures with the foundation. It is possible to not actually be the owner of the foundation. Don’t want to do it? Hire your brother or dad to do it. Too close to your name? Hire a close friend who can be trusted. Still think that the connection is too strong? Feel free to use a Panama official who will be sworn to secrecy by the laws of his country. Think about this, if you are neither the owner of the foundation or the proven owner of a bearer share corporation, how can the money possibly be legally shown to be yours? It is impossible for this information to be tracked using this measure.

Of course one thing that you may be wondering is how can I trust anyone but myself to look after my assets. It is important to note that while you can appoint someone as the owner of a foundation, often termed a protector, you can also mediate what responsibilities and power they have. It is kind of like hiring a manager. They cannot make a big move without your approval but at the same time they are looking out for your best interests the entire time. Remember that you can hire yourself as a normal employee within the foundation. Think how easy it would be to run the show behind-the-scenes with a puppet leader in place. There are enough rules in place in Panama that this would work just fine without you losing any power within your foundation.

Still not enough. Well there are a couple other ways to protect your assets. You can split leadership of both the corporation and foundation into three people. This means that instead of trusting one person with all the responsibility, you are trusting three people with a third of it. The more people around, the better chance you have of never seeing any signs of trouble. If you can’t find one person who you trust more than anything, this is definitely the method to use.

Think about this for a second. You don’t own the foundation or corporation publicly. You are actually an employee at one or the other. Ownership of the foundation is seemingly split between three individuals, none of which are recorded by the public either. How is anyone looking to get your money going to build a case? They can’t, it will take years to support and countless amounts of money.  

If this all sounds too confusing for you, don’t worry! Give us a call and let us worry about the small details. We will explain your policy in full and get you the best asset protection that fits your needs.