12 Steps To Financial Privacy

  1. Never release your social security number. Only release your social security number when it is absolutely necessary.
  2. Use a corporation or another entity for major transactions.
  3. Avoid writing checks because they leave an extensive paper trail.
  4. When investing offshore, ensure that you are in compliance with all laws and reporting requirements.
  5. Only disclose what is necessary to financial institutions.
  6. Maximize the bearer transactions that are not reported under your name.
  7. Use financial professionals that will keep your financial information confidential. Attorneys are bound to keep all of your information confidential.
  8. Always have your accountant work through your lawyer to insure confidentiality.
  9. Use a post office box or drop box for mail correspondence.
  10. Avoid using safe deposit boxes, use private vaults instead.
  11. Prepare a living trust to bequeath your property. This will avoid the high cost associated with probate as well as any loss of privacy.
  12. Arrange your investments so that you can provide the least possible amount of financial information.