I read your comment on debt and I agree. Having been cautious of lawyers and government, my focus has been on privacy since about 1970. I had an excellent relationship with my CPA and we became partners in some real estate investments and some operating businesses. He also had privacy concerns, so we explored many things, offshore trusts, Turks and Cacaos, corporations in Hong Kong along with bank accounts in HK, Switzerland and Mexico. We formed all of the above at some time in my lifetime. The HK corp. and bank accounts survived an IRS hard look.
Your concern about not being able to pay a debt and having it come back at an inflated judgment is very valid.
There are some legal ways today to help with sheltering paid for assets. I have had several telephone conversations with management of this company.. They offer a Nevada LLC with directors that are offshore, so any kind of search for your assets will never show. New Mexico’s LLC rules are very loose, It is my understanding that once set up, no reporting requirements. More information needs to be collected on this subject.
My point is that a person still can have some level of privacy with hard assets without a lot of effort and minimal annual expense, of course the asset will have to be worth the effort. – B.F.