Offshore accounts are a great tool to protect your assets from frivolous lawsuits.
January 9, 2018
Of course this legal protection isn’t a bad thing, until it’s abused by people looking for a payday.
And in the U.S., there is a chilling reality about the judicial system that might change how you think about getting sued forever.
From the Sixwise newsletter, we get this little gem:
Perhaps most telling of all, most Americans surveyed (55 percent) strongly agreed (and another 32 percent somewhat agreed) that the justice system is used by many as a lottery, to start a lawsuit and see just how much they can win.
Now couple this “legal lottery mentality” with these shocking facts:
- There are more than 1.2 million lawyers employed in the U.S., which is more per capita than any other country in the world.
- Civil lawsuits cost the U.S. economy $239 billion annually.
- The average payout per civil lawsuit is $60,000, plus another $50,000 average payout for punitive damages.
When you consider all of the facts, the reality could be pretty devastating for someone who has financial assets that aren’t protected from lawsuits. Here’s why…
If you haven’t been sued yet, you’re one of the lucky few, because 1 in 3 people get sued at least once in their lifetime.
Think about it…
This legal lottery mentality, plus the huge “pot” of litigation money available, and the potential for a great average payout…
…equals dollar signs for someone who “wants to see how much they can win.”
And you might not think you’ve done anything wrong, but you’re still wide open for a lawsuit.
There are frivolous lawsuits filed all the time…
Bank robbers have sued cities for getting shot. An eight-year-old was sued by his Aunt because he lept into her arms, causing her to fall and break her wrist. A woman is suing a restaurant owner for being hit with a soft dinner roll.
There was even a 14-year-old who sued a friend for losing an iPod.
It’s insane. So it’s not necessarily what you’re doing that might get you sued, it could be what you haven’t done that gets a process server to show up on your doorstep.
So you need to start doing everything you can right now to keep your money safe from litigation. The good news is there are legal ways to do just that…
That includes opening an offshore bank account in as little as 10 minutes, and moving some of your money into it.
Offshore bank accounts give your assets some low-cost protection. By placing some of your wealth outside of U.S. borders, you can protect your savings from the risk of “lottery litigation.”
You’re also putting it out of reach of greedy lawyers who have a long track record of taking frivolous cases just to rack up some billable hours.
When you get my Offshore Banking Report, you’ll discover 23 different offshore banks, FinTech platforms, and P2P lending platforms where you can quickly open accounts to protect your wealth from corrupt governments and politicians.
This report is less than $20 right now…
Location Independent Entrepreneur
P.S. Attorneys are encouraging their clients to file “lottery lawsuits” all the time. Just imagine how bad it will get if you’re next. Get my special report today and learn how to protect yourself.