Many aspects characteristic of your particular situation should be taken into consideration while crafting a customized asset protection strategy. An asset protection strategy should fully correspond to your goals and objectives and should be precisely suited to your current situation. Among other factors, the following need to be addressed: your country of citizenship, your country of residency, your age, your family status, type and amount of assets you own, location of your assets, your current business, your monthly income, and your plans for the future.

Therefore, working on an asset protection strategy with a fiduciary means that you must share sensitive information with the fiduciary. If some data is not revealed or not fully correct, this may have a negative influence on the asset protection strategy, as the strategy is effective only when all the elements of your current situation are taken into consideration and duly protected. It is unwise to protect only some of these elements and forget about or fail to protect others.

The choice of asset protection expert is crucial in ensuring confidentiality and effective defence of your capital and property against direct and indirect threats. It is necessary to analyse carefully who to work with for this purpose: whether it is a reputable company with a long history and solid presence on the international market, what its organizational culture is, and what approach it follows in working with clients.

Preferably, a company engaged in crafting and implementing asset protection strategies should have international presence and experience in order to take advantage of all international opportunities without intermediaries.

Various methods are applied in crafting asset protection strategies. It is possible to incorporate highly confidential corporate entities, which must be structured individually to suit each particular situation. The formation of an offshore company or the purchase of a ready-made offshore company in a classical offshore jurisdiction in the majority of cases would not only be an ineffective asset protection instrument, but it may even make your existing situation worse if structured and managed in a superficial way.

Transferring your assets to a professional and licensed company that provides trust and fiduciary services will give you a maximized level of confidentiality. From the moment of transferral, your assets will no longer belong to you formally but to a chosen professional entity, which will manage the estate in the best interests of the beneficiaries. In this case again, it is extremely important to be clear about whether a company has the right individuals, structure, ethical principles, and resources to ensure the due management of your estate.