Current Shamrock Missive

From the Publisher's Desk
October 2016

"If you stop to think about it, there is a 99% probability you will be sued personally or business wise, divorced, attacked civilly or criminally by some government alphabet agency before you reach age 60. Now that’s a very sobering thought."
- Dr. Charles Freeman

Mr. & Mrs. Blahsheblu
Once upon a time there was a hardworking couple named Mr. & Mrs. Blahsheblu, pronounced "blah-she-blu."

Mr. & Mrs. Blahsheblu were happily married for 17 years with three young children, owned and operated a successful business employing 52 employees for more than 15 years. They also had an upper class home, fully paid off mortgage of recent date and everything was just hunky-dory for them!

One day out of the blue, a squad of government alphabet agents showed up with guns drawn at their business, unannounced and without warning. The head alphabet honcho flashed his badge/ID card and boldly announced that they (the alphabet agents) had a criminal search warrant and were there to inspect the business, building and question all the employees. Naturally Mr. Blahsheblu was shocked, surprised and quite unset by this occurrence, but complied with all the agents' demands.

Mr. Blahsheblu was bodily searched (for guns?) and not allowed to make any calls to anyone, including his attorney until the alphabets departed.

The inspection of the business and the grilling of the employees lasted all day. In fact, the alphabet agents ordered pizza for lunch and left pizza boxes, soda cans, paper coffee cups and cigarette butts all over the business when they finally departed late that evening. Mr. Blahsheblu was forced to keep the business opened for three hours after the normal closure time, whilst having to pay overtime to his employees. At the end of this very stressful 'inspection' and interviews of all 52 employees, the head alphabet agent and alphabet agents finally departed.

Mr. Blahsheblu was so upset by this invasion by the alphabet agents that he couldn't sleep for three nights. He then immediately called his attorney. The attorney said he would try to find out what was going on, but as it was after-hours, nothing could happen until Monday, as this happened on a Friday payday at Blahsheblu's business. All the attorney got Monday from that particular alphabet agency was they could not comment on an ongoing criminal investigation.

After a few days all appeared to return to normal and Mr. Blahsheblu got back into the swing of things with the business once again running smoothly and efficiently, or so he thought.

The next inkling of trouble occurred about two and a half weeks after the 'inspection' by the alphabet agents. Mr. & Mrs. Blahsheblu's payroll cheque's to their 52 employees bounced. After frantically calling the bank to find out what the problem was, Blahsheblu learnt that not only was his business account frozen and all business funds were sequestered, but Mr. & Mrs. Blahsheblu's personal chequing, savings and brokerage accounts also faced the same fate, i.e., frozen and sequestered.

Later that same morning Blahsheblu received a registered letter from the alphabet agency stating what Blahsheblu already knew, his funds were frozen and sequestered plus he was being investigated for criminal activities and employee abuse and discrimination. What alleged criminal activities were not disclosed!

Once again Blahsheblu called his attorney and faxed him a copy of the alphabet order or letter. The attorney said he'd get back to Blahsheblu and did so about an hour later. Blahsheblu's attorney said this matter was way over his head and recommended a criminal attorney associate of his and then arranged a meeting the following Wednesday, two days away.

At the meeting with the criminal attorney, who was a former agent with the same alphabet agency that raided Blahsheblu's business, the criminal attorney said this was a serious matter and would take a good while to sort out. He then requested a US$50,000 retainer if Blahsheblu wanted to retain his services and informed Blahsheblu that his services were US$500 per hour plus expenses. Ouch!

As Blahsheblu had great difficulty raising the 50,000 USD due to the seizure and sequestering of all his funds, it took him a few days to borrow the money from friends and relatives. However by the end of the week he obtained the $50,000 for the criminal attorney's retainer and the soon to be long drawn out matter started its slow snail like bureaucrat process.

Naturally this was all over the news and TV. Even class mates of their children said that their father (Mr. Blahsheblu) was a crook and were told by theirs parents not to play with Blahsheblu's children. Nice people eh?

Matters went from bad to worse during the next ten months. The banks called in their loans to Blahsheblu, which he couldn't repay on such short or no notice. Long time employees left by the droves and replacement employees had to be trained, all placing an incredible amount of stress on Bladsheblu. Suppliers wanted cash on delivery for anything ordered. Vendors drastically cut back ordering from Blahsheblu and financial matters finally came to a head ten month after the raid… The Blahsheblu's had to file for bankruptcy protection in order to salvage what was left of their life, finances and in hopes of saving their home.

The coup de grace came when Mr. Blahsheblu was served with divorce papers after returning home from work one day to find an empty house. Mrs. Blahsheblu had taken the children and went to live with her parents' on the other side of the country without the decency of telling him face to face.

To make a very long and sad story short, after spending $350,000 on legal fees or one sort or another, filing for bankruptcy, going through an ugly divorce with unfair alimony and child support (based on what he was earning BEFORE this debacle started,) losing his home, business, life savings and family, plus his health as well, Blahsheblu learnt that a disgruntled former employee had filed numerous complaints with 3 or 4 alphabet agencies until one agency took notice and acted on their complaint. Apparently the disgruntled employee claimed racial discrimination, sexual harassment, and claimed that Blahsheblu personally instructed employees to operate machinery in an illegal manner, all of which was a total falsehood.

Although the criminal case was eventually dropped, a consent agreement was mandatory if Blahsheblu wanted to put this matter behind him. In the order, which he signed by the recommendation of his attorney, to get rid of this once and for all, he was to pay a $500,000 fine and penalty, which couldn't be discharged in bankruptcy because he had filed for bankruptcy recently to try and save his business and home as well as agreeing not to discriminate, harass and otherwise instruct employees to do anything illegal. At this point, it didn't matter, because Blahsheblu had already lost everything, including his good reputation, business which was sold off at auction for pennies on the dollar after 15 years of hard work and starting from scratch.

Now if you don't believe something like the above with Blahsheblu could ever happen to you, fine and very well. You can delete this missive and get on with your life. Good luck to you and we will wish you well.

However be advised within the united States (correct spelling,) there is a 99% probability that during sometime in their life before one reaches the age of 60, they will be sued civility or criminally (or both,) divorced and or attacked by some alphabet governmental agency, especially the IRS!

If you are in dispute with a Federal Regulatory Agency, it is very easy for a low grade bureaucrat to press a button on their PC. They enter your social security number, and are able to quickly identify your bank accounts, securities, and real estate. Another few buttons are pressed ... and just like Blahsheblu, your property is "frozen," and your personal, business bank and brokerage accounts are transferred to the government. Bye bye ass and assets!


A bullet proof offshore trust
With your assets held abroad in an offshore trust it is not possible for a creditor to locate them with any precision. In fact it is virtually impossible to confiscate trust assets. Why? The lawyers of bureaucrats and plaintiffs don't like difficult investigations and long, drawn out court procedures. Especially if lawsuits must be filed and pursued abroad. As a result, in most foreign jurisdictions (unless the local governments are collaborating), not even Big Brother can get at your assets.... even if they know where they are!

While Americans cannot expect any protection in Canada or vice-versa, co-operation in seizing the assets of Americans in most countries only comes into play when the issue is involved with serious crime, such as drug dealers, child porno rings, or bank robbers. Conversely, with our recommended offshore trust it becomes possible for you to personally access your funds, instantly, in cash, twenty-four hours a day, anywhere in the world.

It is also likely that if your offshore trust assets are earning excellent returns, you won't simply pull funds out for consumer spending. It is more likely that when you need cash you will borrow against these offshore assets. In view of this probability a credit line can be arranged in advance.

Shark Repellent
It is well known that ambulance-chasing lawyers are constantly sniffing out potential defendants by identifying high net worth individuals. By keeping some of your assets in an offshore trust you can lower your visible level of wealth. This makes you a far less attractive victim.

Before a contingent fee lawyer will file suit, he always gets a full report on his target's assets. Since funds and properties held in an offshore trust are invisible (or at least less discoverable) much litigation can be avoided or favorably settled.

The same reasoning, reducing your visible net worth, goes for repelling other blood sucking pests and predators who seek an unwarranted share of your wealth. The list includes burglars, kidnappers, extortionists, ex-spouses, tax-collectors, disgruntled business associates, disgruntled employees, crooked cops, insurance sales people, and bent bureaucrats seeking bribes.

You're Word
Particularly where your heirs are likely to squabble over their inheritance, it is likely that most of your estate could be eaten up in legal fees. Also, in some jurisdictions, the "forced heir ship" law provides that you must leave all or a certain percentage of your property to a forgotten separated spouse, or to a child who detests you (and vice versa).

Assets in an offshore trust can, upon your demise, be given to any person or be used for any purpose you designate. Once again you have the right to choose who gets the benefit of your estate. You don't have to let the State make those choices for you.

Mobility
Many countries have controls on foreign remittances that make it impossible to move money to where it is needed. Many Chinese-Americans were criminally charged years ago for simply sending subsistence money to aged parents on the mainland. Expat Cubans faced similar risks recently.

Wealth taxes and other taxes eat away at your savings and profits. An offshore trust can help you save on taxes, and allow you to spend or invest your own money as you please. Certain "roll-up" investment funds convert taxable income into non-taxable, unrealized capital gains.

Don't be like poor Mr. Blahsheblu, a should of, could of person type of person who didn't act when he had the time to…before any attacks against him started. Don't be obtuse. Act now to protect your assets for your family, heirs and yourself.

Email for full particulars about our "offshore trust" simple by email is and placing "offshore trust" in your subject heading.

See you next missive.

PT Shamrock

"The people never give up their liberties but under some delusion."
- Edmund Burke, 1784

We are pleased to announce that April 2016 saw our 20th year on the internet having served thousands of satisfied customers.

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What It Was Was Freedom!" at http://ptshamrock.com/whatitwas.html

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PS - Be sure to check out our latest report "Observations of a Wandering Expatriate!"

"The people never give up their liberties but under some delusion."
- Edmund Burke, 1784

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