Protect Your Assets With AOffshore Asset Protection Trust

No client has ever lost a single dollar using our structures
Secure assets under strict privacy and confidentiality for complete peace of mind
Contact us today for your free consultation

Asset Protection Backed By Decades of Case Law

With proper planning and proven legal frameworks, here's how we help clients safeguard their wealth for generations.

Evaluation

An offshore trust is a powerful asset protection tool, but it's not for everyone. We first assess the client's vulnerabilities, opportunities, and overall fit for a Dominion product.

Advisory

Once a legitimate need and fit are established, we propose an asset protection plan to mitigate financial risks according to historical case law as well as international trust law.

Implementation

Upon client approval, we start the onboarding process, collect fees, and begin implementation of the trust setup, which involves signing the trust deed and funding the trust.

Management

Asset protection is a continuous process that requires upkeep and vigilance. Core to the Dominion brand is a lifelong commitment to each of our clients and their protection.

Get in touch to consult with a high net worth tax advisor.

Case Study 1

$240M Asset Sale

SellingLand in the US

$240 millionassets value

Challenge

A US client needed to mitigate taxes incurred from selling land valued at $240 million to an energy company.

Solution

We established an offshore asset protection trust in the Cook Islands, transferring ownership of the land to the trust, thus minimizing exposure to US taxes. Cook Islands' legislation offers strong asset protection and exempts several types of taxes, effectively shielding the assets. The proceeds are further managed through a Private Placement Life Insurance (PPLI) in Bermuda, which the client loaned against to facilitate tax-free access to funds.

Client saved$48,290,000

Key Insight

This strategy leverages the asset protection and tax neutral laws of the Cook Islands while taking full advantage of PPLI tax benefits on capital gains and cash flow through loans.

Next case

Case Study 2

£120M Asset Sale

SellingCompany in the UK

£120 millionassets value

Challenge

A UK entrepreneur approached us looking to sell his company valued at £120 million. Staring down a capital gains tax bill in excess of £20 million, he hired Dominion to devise a tax mitigation strategy.

Solution

We began by setting up an offshore asset protection trust in Nevis and a Hong Kong LLC to hold and protect the equity, then wrapped the trust in a tax-free insurance structure. Guiding the client throughout the company sale, all the income flowed into the insurance wrapper (and not the client), skirting all capital gains tax in the process. The client took a loan using these funds as collateral, enabling tax-free cash flow that he (and eventually, his heirs) could enjoy.

Client saved£23,998,800

Key Insight

Utilizing Nevis's laws for asset protection and confidentiality, combined with Hong Kong's favorable regulatory and tax environment, this structure allows the client to sell the company without incurring capital gains tax, fully compliant with UK and international tax codes. As an added bonus, the assets remain protected and confidential under the Nevis trust.

Next case

Case Study 3

$100M Asset Sale

SellingCompany in the US

$100 millionassets value

Challenge

A US client planned to sell their company, which they believed to be worth around $100 million, though they had not yet received a formal valuation. This absence opened a window of opportunity to effectively eliminate their tax obligation upon completion of their sale.

Solution

The approach began with establishing an offshore asset protection trust in the Cook Islands, paired with a PPLI policy. Thus far, you'll recognize this setup from the one used in Case Study #1, but with one significant difference. By highlighting potential liabilities and operational risks, adopting conservative financial projections, and emphasizing unfavorable industry trends and economic conditions, the formal estate valuation we secured was worth only $20 million, significantly below the internally estimated value.

After several years of continued operations and courting potential buyers, the company eventually sold for $96 million, resulting in a $76 million tax-free capital gain on the value of the PPLI.

Client saved$19,266,000

Key Insight

In addition to the tax-free windfall, tax liabilities on the formally recognized $20 million value were completely offset by investing in environmental tax credits. As a result, the client avoided taxes entirely on the transaction and had immediate access to $88 million via a loan taken against the insurance policy. What's more, they anticipate recovering the value of the tax credits in full within four years.

Next case

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Get in touch to consult with a high net worth tax advisor.

Frequently Asked Questions

What is an Offshore Asset Protection Trust?

An Offshore Asset Protection Trust is a type of trust established in a jurisdiction outside of your home country. Countries like the Cook Islands, St. Kitts and Nevis, and the Cayman Islands are renowned for their strong asset protection laws and strict confidentiality measures. Asset protection trusts established in these jurisdictions are the most effective tools on the planet to protect the wealth of high net worth individuals.

How does an Offshore Trust protect my assets?

An Offshore Trust provides asset protection by placing your assets under the control of a trustee, who manages them according to the trust's terms, making it difficult for creditors to reach them. Additionally, it safeguards your assets by utilizing the foreign jurisdiction's strong legal framework, which includes provisions that prevent foreign judgments from being enforced.

What types of assets can I place in an Offshore Asset Protection Trust?

Most assets can be placed in an asset protection trust, including cash holdings, investments, real estate, personal property, cryptocurrency, and even entire companies.

How much does it cost to set up an Offshore Asset Protection Trust?

Dominion's onboarding fee is $100,000. For this reason, we exclusively work with clients who have a net worth in excess of $10 million. For the average Dominion client, our fees are a nominal expense for the security, peace of mind, and the plethora of other advantages we provide (tax mitigation, privacy, etc.).

How do I get started?

We invite you to contact us today for a free consultation with one of our asset protection specialists.