One Dozen Things You Can Do To Secure Financial Privacy

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 13, 2009 -- Santa Ana, CA, September 12, 2009 -- Some of Matthew Mullhofer’s steps to financial privacy seem obvious. For instance, do not share your Social Security number unless absolutely necessary. But Matthew Mullhofer’s twelve steps also cover less accessible ideas, like managing the flow of your correspondence.

For some of Matthew Mullhofer’s clients, it never occurs to them that the kind of mailbox they are dropping their financial correspondence into can pose a risk to their privacy. Though it sounds like a cliché, mailbox identity theft is something that even Matthew Mullhofer’s own clients sometimes do not anticipate.

In line with this thinking, Matthew Mullhofer also believes that it unwise to use safety deposit boxes. He suggests using private vaults instead. So if you’ve always believed that your safety deposit box was the best place for document security, you may want to run that idea by Matthew Mullhofer.

Others of Matthew Mullhofer’s Twelve Steps to Financial Privacy are more esoteric, like maximizing bearer transactions that are not reported under your name. These are steps an entrepreneur can take on his or her own, however without the steady hand of a trusted attorney, it is easy for these things to get out of proportion.

Matthew Mullhofer helps his clients to set up corporations as legal entities that can bear the brunt of major transactions. They may find it beneficial to incorporate in a different state than the one in which you reside. Keeping your personal identity out of major transactions is a significant element of fiscal privacy. Matthew Mullhofer also cautions clients to have their accountant work through a lawyer, to ensure confidentiality.

“Arrange your investments so that you provide the least possible amount of financial information,” said Matthew Mullhofer.

The balance of Matthew Mullhofer’s twelve steps cover the basics of offshore investing, investment planning, and living trusts to avoid the high costs associated with probate. They complete the foundation of responsible asset protection planning.

Matthew Mullhofer’s clients are thankful and satisfied investors, entrepreneurs, and business people. “Matthew Mullhofer helped us save our family home and stock portfolio from a frivolous lawsuit and creditor claims,” lauded M. Reily, of San Clemente, CA. “He was thorough, professional, and attentive to our individual needs.”

If you would like to read the full text of Matthew Mullhofer’s Twelve Steps to Financial Privacy, visit his website at http://protectmyassets.com.

Matthew Mullhofer is an Orange County based attorney who specializes in estate planning and asset protection. He received his Juris Doctorate Degree from Western State University College of Law, with an emphasis in Taxation. He is the proprietor of the Law Offices of Matthew Mullhofer. In addition, Matthew Mullhofer has been the treasurer of the Long Beach Barristers, and is the current Ethics Chairman of Le Tip International, Chapter of Orange.

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