Customer Reviews

Bulletproof Offshore Asset Protection

5 star:		(4)
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3 star:		(2)
2 star:		(1)
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Attorney, Jim Bennett makes a very convincing case of the need for offshore asset protection trusts in modern day America in his book entitled Bulletproof Offshore Asset Protection -- The Money Fortress for the New Millennium. If not for the rights to the name held by IDG Books, his book could have been called Offshore Asset Protection for Dummies. Like books from the IDG Dummies series, Bennett's book offers simple explanations to make this complicated topic easier to understand with the aid of graphics, illustrations and flow charts. Offshore investment neophytes are treated to a personal experience of the author that makes it blatantly clear why anyone with assets should be nervous in today's litigious world. Without giving away the story, one disgruntled employee can potentially ruin the retirement plan for any professional or company owner. One of the better introductory books on the subject of offshore business that I've reviewed. Matt Blackman - Goldhaven.com

This book is good and long on why and short on how. There's a basic diagram of the legal entities but doing it yourself is not part of this book. It can be read at a single sitting. There were a few very helpful ideas but I'd like to see a lot more concrete explanation on the 'how to'.

What immediately caught my attention was Jim Bennett's personal story about how his family's company had been sued by an ex-employee. Most lawyers haven't actually faced the problem they're offering to solve for their client. But Jim and his family had the problem, endured the pain, and paid the price. Now, by sharing his first-hand experiences, he's helping other people avoid the impossible situation he and his family faced.

Next, since I never seem to have enough time, this book has everything I like: Big print; short chapters; and specific facts. It offers a detailed description of the problem. A clear, simple explanation of the solution. Plus in-depth details about the practical side of offshore asset protection plans, for those of us who want to know how everything works to the last detail.

I heartily endorse and recommend this book. Thankfully, it wasn't a bunch of legal mumbo-jumbo. Instead, Jim wrote it in plain English, so I understood exactly what he was explaining. Now I have a much clearer picture of why wealthy Americans continue to put their money into foreign countries -- and the steps I must take if I want to protect my assets from lawyers and their clients.

I urge you to buy the book and discover why offshore asset protection is the only effective way to protect your assets.

Clear charts, easy chapters, convincing arguments - yet not enough info on "how to"...I'm not sure that it is really necessary to complicate matters as much as he does. This book is mainly self-advertising and is clearly geared to very wealthy potential clients.

For anyone interested in protecting his or her wealth and privacy this book is an excellent start. Jim Bennett has done a great job putting this information in a format that answers the "who, what, when, where and especially why of asset protection,in terms that the layperson can easily understand. There are also several references to various websites so that you can retrieve offshore information quickly and easily. I liked the fact that he also included a variety of scams that we should be aware of. If you are concerned about protecting your assets and don't want to be someone else's retirement plan I urge you to get this book and as Mr. Bennett points out this should be just about everyone. As an International financial advisor I have read the majority of books on the topic of asset protection and I will gladly recommend " Bulletproof Offshore Asset Protection" to my clients and associates.

Great book to get you started understanding the ideas of offshore asset protection. Liked the very simple but complete discussions. He was very upfront of his motiviations and also warned the reader that he also sells his services. Check out jim's website for further updates from what he wrote. The only difference between the book and the web site is at the web site, he suggested that $100k vice $500k in liquid assets. Highly recommended read. I only wish his rates are cheaper. Now only if I had the assets to protect.

I liked this book because it gave me the hard information I needed without a lot of unnecessary fluff. It described precisely how these things work, and especially how they work when you get sued. Very comprehensive, yet succinct. Very efficient read. It was also understandable; no legalese, and every time the author used a legal term, he explained it in clear English. I didn't know anything about these things when I started and I feel like I understand them pretty well now.