Expanded Worldwide Planning–EWP & Asset Protection
Private Placement Life Insurance (PPLI) in Action
The EWP Da Vinci Code–Part 3
The universality of Expanded Worldwide Planning (EWP) is not to be denied. This is objectified by Wikipedia. In the first sentence of their page on International Tax Planning, Expanded Worldwide Planning (EWP) is featured.
We are taking a cue from Wikipedia. Over the next few weeks, we will feature one of the six principles of Expanded Worldwide Planning (EWP). The six principles are: privacy, asset protection, tax shield, succession planning, compliance simplifier, and trust substitute.
Domestic Asset Protection Trust vs. Offshore Asset Protection Trust
Today we feature asset protection. In this segment we will discuss the development of Domestic Asset Protection Trust (DAPT) and Offshore Asset Protection Trust (OAPT). We again alert you to the fact that a simpler and more time-honored approach to asset protection is using life insurance. In a sense, asset protection comes automatically with Expanded Worldwide (EWP).
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by Michael Malloy, CLU TEP RFC, @ Advanced Financial Solutions, Inc
#michaelmalloy #PPLI #EWP #privateplacement #lifeinsurance #advancedfinancialsolutions
