Recent content by SilverNeo

I completely agree with you, she does not deserve a penny, but this was not my point.... You just made my point, he knows is a scam and he is not stupid, but he still did it why? He did it because he does not give a s**t and even if worse case happens his lifestyle does not change. As I said...

This is the thing some countries don't have prenuptial agreements (my country for example they are not considered even if you have one) and even if they do consider them the judge can throw them out. With a trust you don't own it there is no discussion and you don't care what the judge says lot...

Haha you think its obvious but its not if it was there would be more people protecting themselves instead of she loves me she will never do that to me. I'm 38

People don't get it for you is a lot worse, as he has billions, he can afford it. If Bezos gets a divorce, he has billions left over; his lifestyle will not change; they are just numbers on a screen for him. Now, if you end up homeless due to divorce (like so many men, you can look up the...

I disagree, as you will provide everything needed from a financial point of view. Humans work on incentives Ohh, why should I be loyal if I can have fun with the pool boy, and then if I leave, I get 50% Why many people say the person changes after they get married to them, and the reason for...

No you do not need accounting and i would suggest https://acmetrustnevis.com/ But do your own research and don't take my word for it. Also banking is a bit problematic but for my use case is all good. And by problematic i mean you will get it but they will ask all kinds of docs

I don't either for me i did this for two reasons. 1. Tax savings 2. Asset protection mainly from divorce if she leaves or something goes wrong 50% out of 0 is still zero. But as i said to each his own.

Even if you can save 2000 in tax but the company costs 1300 its still worth it and the reason for this is not the 700 you will get but you can build out slowly. If you get to million and then you open a company and you dump a million in from zero you will set off who knows how many alarm bells...

1300 but that's fine not what i would call expensive. My rule of thumb and i don't want to come off as a snob but if someone can't afford 5k a year for an IBC and a trust + bank costs you don't need one. And I'm not talking specifically for you Davis speaking generally

For me is fine costs 1100 USD a Year + tax return that the agent needs to file which is 200 USD. There are no requirements for audited accounts so total cost 1300 for the IBC

Not really this is shares instead of managers and is better for inheritance planing and when you add it to a trust you are all good When i researched this i could not find a legal case of where a Nevis IBC in a trust was breached same goes for a Nevis LLC in a trust. There was one case in the...

This is not how you set it up for a proper setup you need multiple things This is what I would do Points 2 and 3 are needed if your clients have an issue with a Nevis IBC 1. Set up a Nevis IBC/LLC + a Nevis trust 2. Set up a US LLC owned by the trust 3. Set up a UK LLP or something like a...

You are kidding, right? No way it costs 20000 for a Nevis trust, more like 5k to set up and then another 3k for maintenance. Well worth it if you are trying to safeguard assets, now a Cook Islands trust costs that much as it's expensive and considered the best jurisdiction, in my opinion, with...

True, but usually that is around 50 USD a month or less unless it is a Swiss bank or a private bank of some sort, and if you can't afford 150-250 a month, you have bigger problems, and before anyone says anything, I'm not being an elite rich snob (not rich BTW) but this is small potatos and a...

I disagree with you 3-4 minimum 2 is too little, let's say one gets closed etc... then you are left with one, and it takes time to open another one, so you are back to 2