Do you think your valuables are safe in a US bank’s safety deposit box? Think again. The state of CA, and others, has been aggressively seizing the contents of safety deposit boxes and keeping the funds for the state’s general fund. The state of DE lists unclaimed property as its 3rd largest source of revenue. While some may think holding assets in offshore IBC’s, LLC’s or trusts are risky, the US may be the riskiest place of all. Now is the time to seriously consider a offshore asset protection plan.
