By: Economic & Finance Report
Wealthy people have used shell corporations and trusts to establish purchases of property in the U.S. and around the world. Shell corporations allow individuals to protect their identities and avoid tax encumbrances.
Wealthy individuals utilize these safe havens for the availability to secure their identities and their earnings. This is not a new trend to say the least but it is increasing, as more people attain assets and diversify their financial portfolios.-SB