Asset protection & preservation often involves large sums of money and other materials and can involve issues related to international taxation, offshore banking and even family law. Attorneys who practice in the field of asset protection & preservation typically assist clients in setting up foreign bank accounts and trusts or in holding property in ways that limit exposure and potential of loss in a lawsuit. This field is complex and requires expert knowledge in tax and banking laws as well as keen understanding of business organizations. In many cases, practice in this field also requires knowledge of the law of several foreign countries and detailed knowledge of tax laws in both the host country and the country of domicile of the client.

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