Dec 4, 2019
In Part 2 of Rocky’s interview, Rocky tells us about the many benefits of holding insurance in foreign countries. The advantages of overseas insurance policies are that they are less regulated, offer greater and more unique coverage than what the U.S. government would allow for domestic insurance policies. Other advantages are being able to distribute the payouts to another generation without going through probate and having the extra benefit of guarding against recession or other unforeseeable events in the U.S. that could jeopardize an insurance policy. Rocky explains that some of these insurance policies can become very complex when coupled with international trusts and require the assistance of CPAs, Attorneys and other professionals to create and manage these funds.
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