In this conversation, attorney Blake Harris discusses the niche field of offshore asset protection law, emphasizing the importance of protecting assets in a litigious society. He explains the benefits of offshore trusts, particularly in the Cook Islands, and addresses common misconceptions about asset protection. The discussion also covers the history of offshore trusts, the reasons behind the U.S.'s litigious nature, and the process of setting up a trust. Harris shares insights on client experiences and the future of the asset protection industry.
Chapters
00:00 Introduction to Asset Protection Law
01:56 Understanding Offshore Trusts
06:07 The Importance of Asset Protection
10:32 The History of Offshore Trusts
13:05 Why the U.S. is Litigious
18:17 Choosing the Right Offshore Location
22:03 Client Perspectives on Asset Protection
25:25 Myths About Wealth Protection
28:36 Accessing Trust Assets
33:30 Conclusion and Resources
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