Asset Control Transfer
Here's an example using an offshore asset protection trust that owns 100% of an offshore limited liability company.
The key elements here are shown above.
- An offshore asset protection trust with an offshore trustee and a trust protector that you choose
- an offshore limited liability company that is 100% owned by the trust
- A company manager - this can be you before legal duress arises
The trust provisions are setup to protect your assets. During times of no legal duress, you are the non-interest holding manager of the LLC, that owns and controls all of your assets. You manage the company until you are under legal duress, when your trust provision kicks in and removes you from your management position and appoints the trustee. When you are no longer under legal duress, you are appointed back into the management position by the trust provisions.
The mechanics here are simple, the trust owns 100% interest in the LLC, you manage (control) the LLC that owns your assets. This is a transfer of a management position within a company, so fraudulent transfer doesn't apply. If you are under legal duress to surrender the assets of the limited liability company, the trustee is forced (under your trust provisions) to remove you from the company.