Archive for ‘foundations’
The Retirement Plan that Pays 9% Fixed Interest
by Richard Benkert Credit Unions in Panama pay up to 9% fixed interest on retirement plans I know, it “sounds too good to be true” to earn 9% fixed interest on your retirement plan. That’s what everyone says when they hear 9% fixed interest. How can anyone pay such high rates? The answer is simple: [...]
What to do with Your Cash When the Financial System is Broken
by Richard Benkert, Planners Advisory, Inc. Famed hedge fund manager John Paulson, who’s best known for personally making over $5 billion from the sub-prime meltdown, lost more than HALF of his investors’ money last year. His Advantage Plus fund was down a whopping 52%! That’s not a misprint. Paulson’s thesis that US financial stocks would [...]
Incorporating in Belize
by Jay Butler In 1996, the United States of America tried to pressure the sovereign nation of Belize into signing the Mutual Legal Assistance Treaty (MLAT). Belize refused as such a treaty would allow for the exchange of confidential information, such as bank records and other sensitive information, based on a broad range of requests [...]
For Whom the Bell Tolls
by Jay Butler, Asset Protection Services Ensure Your Financial Survival from Increasing Taxation, Inflation and Litigation Humanity is reaching a critical crossroad where personal freedoms and liberty may well disappear for generations, the restoration of which could eventually require armed conflict. In order to avoid such unnecessary violence and bloodshed it is time for people [...]
Moving Money Offshore
By Jay Butler, Asset Protection Services The Internal Revenue Service (IRS) considers all income reportable regardless of the source or location derived and most assets held offshore are reportable, however some are not. When looking to preserve your assets it is important to understand the difference between taxable income and reportable assets. Here are 3 [...]
Domesticate in Wyoming
by Bob Matthews, Global Asset Advisors, Inc. Why Move your Limited Liability Company to Wyoming? Have you ever heard of domesticating a company in another state? Probably not. Most people are unaware of it and what it means. Most states do not provide for it. But, Wyoming does. Some, like Nevada for instance, provide for [...]
There but for the Grace of God, Go I
by Bobby Casey, Global Wealth Protection Have you ever thought, “There, but for the grace of God, go I.” Be glad you’re not the North Carolina dentist who, after extracting a wisdom tooth, got blindsided by a huge malpractice lawsuit. The complaint was the dentist took too much time and exerted too much pressure during [...]
Seychelles Foundations
By Jay Butler, Asset Protection Services Effective January 1, 2011 the lifetime gift tax was raised in the United States to $5 Million making it possible to gift up to $5 Million into an irrevocable foundation during calendar years 2011 and 2012 without incurring any tax. This 100% tax-free gift is of further benefit when [...]
