The Jack Bosch Show

122: Asset Protection Secrets with Blake Harris // The Jack Bosch Show

Sep 25, 2025
Blake Harris, a leading offshore asset protection attorney, unravels the myths surrounding offshore trusts. He explains how these structures aren't just for the wealthy, detailing methods like equity stripping for safeguarding real estate and securing crypto in Swiss banks. Blake emphasizes the importance of protecting assets from lawsuits and creditors, the legitimacy of using third-party lenders, and the flexibility of trust distributions. He also shares insights on the ethical considerations surrounding offshore strategies, making a compelling case for wealth protection.
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INSIGHT

Asset Protection ≠ Tax Evasion

  • Offshore asset protection is distinct from offshore tax avoidance and must be reported to the IRS.
  • Harris emphasizes trusts are tax-neutral vehicles and requires proper IRS reporting, not tax evasion.
INSIGHT

Who Needs Protection Most

  • Most lawsuits target individuals with under $2M, so asset protection often matters more for mid‑net‑worth people.
  • A large judgment hits a $2M person far harder than someone worth $200M, driving demand for trusts in the $1–20M range.
ADVICE

Maintain Financing Flexibility

  • Keep trusts flexible: you can remove assets temporarily to obtain financing and then return them to the trust.
  • Use the trust's flexibility to preserve lending options while maintaining long-term protection.
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