The Lifeboat Strategy: Legally Protecting Wealth and Privacy in the 21st Century By Mark Nestmann
September 11, 2009 by Bob Livingston
Identity theft, a falling dollar, rising inflation and an intrusive, over-reaching government are among the topics dominating the headlines these days. And they are frightening headlines, especially for those who aren’t prepared to protect themselves.
But Mark Nestmann’s The Lifeboat Strategy: Legally Protecting Wealth and Privacy in the 21st Century can give you the information you need and the steps to follow to help you to deal with today’s legal, economic and political uncertainties.
Nestmann is not just an author writing about a subject he has researched. As president of The Nestmann Group, Ltd., an international consultancy, he assists individuals in achieving their wealth preservation and privacy goals.
He also writes extensively about the subject. He serves as Tax and Asset Protection editor for The Sovereign Society, and he has authored other books and publications as well. Additionally, Nestmann is a graduate of Denison University and holds a LL.M. (Master of Laws) in international tax law from the Vienna University School of Economics and Business Administration in Austria.
The Lifeboat Strategy is laid out in such a way as to make it easy to read from beginning to end, or to find specific sections that deal with the subject of most concern. First written in 2003, the book has been updated several times, most recently for 2009.
Nestmann begins the book with a short “yes or no” quiz to give the reader an idea of his vulnerability to invasion of privacy. From there he explains the threats to wealth and privacy and how to overcome them both in the U.S. and abroad.
Did you know that your car and your cell phone are spying on you all the time? They are. And Nestmann explains how it works and what it means. Have you heard of biometric surveillance? It involves the use of fingerprints and DNA profiling to link people to crimes, and Nestmann tells how the government is compiling a vast database and how courts have upheld compulsory DNA profiling of certain convicted felons. Civil liberties experts believe such court decisions can be a precedent that allows the government to collect DNA samples from everyone.
What about Internet privacy? Recently the government has come under fire over a website encouraging people to report what it perceived as disinformation on government policies, and over information gathered through the “Cash for Clunkers” program via the computers of auto dealers. But those threats, though real, only scratch the surface of the Big Brother government’s intrusion into the lives of its citizens via the Internet.
The USA Patriot Act, passed in the aftermath of the 9/11 attacks, is used by the government to invade the privacy of America’s own citizens. Nestmann explains the act and how it permits the government to confiscate property without proof of wrongdoing.
Nestmann also provides background on the many laws passed and court rulings handed down that have eroded the right to privacy American citizens think they enjoy.
Interested in obtaining an alternative citizenship and passport? Nestmann explains how it can be done legally. He also explains how to choose the best countries to store your assets and hide them from the Internal Revenue Service (IRS).
Additionally, Nestmann covers such things as:
- Twenty types of public records that can be used to steal your identity
- The 10 worst electronic eavesdropping threats
- Do you fit the definition of a "terrorist?" You may if you are a member of any of these organizations
- Are you a "racketeer?" If you’ve ever made this simple mistake, you might be
- Six legitimate ways individuals use offshore centers
- What to do if police want to search you, your vehicle or your home
- How to avoid looking like a "money launderer"
- Fourteen ways to preserve postal privacy
- Six tactics for private phone service
- Eight ways to achieve "residential anonymity"
- Twenty-two tactics to audit-proof your tax return
- Ten tips for private banking
- Six gold and silver investments you can buy and sell privately
- Nine hiding places for your valuables
- An ideal business for privacy seekers
- Nineteen ways trusts protect privacy and wealth
- Using corporations, limited liability companies and other business entities
- Three types of international bank accounts—which one is right for you?
- An anonymous safety deposit box
- How to move money privately
- How to invest your IRA or pension internationally
Thinking people are becoming increasingly aware of how their privacy wall is being chipped away in favor of Big Brother. This book will help you to understand all the threats you face and what you can do about them.
This book is a must have for every privacy- and liberty-minded individual.