The Online Actos Blog

It takes knowledge and skill to make money, financial gain through real estate investing. Even though you have the determination to invest, you might not have the required expertise and skill. The Trump Initiative was created,constructed,designed,fashioned to help you acquire those skills and know how. There are people who have gone before you, doing these same things while attaining their own fortunes. These individuals are there to encourage you to make the precise choices when it comes to investing. Instead of trying to break new ground, you can follow in their paths, deflecting the mistakes that they have made, and earn your own money.

Helping yourself of real estate investing seminars, from Trump Initiative and other sources, is a great way to get yourself initiated down the path of noteworthy wealth building. The only thing stopping you is you. You know that you want to get started, and you know that the first step is a small one. Take the time to find the tutorial or course that will help you the most to start out with. From there, your course is clear. Follow the counsel that you get, start investing, and start on the road of producing your own personal wealth, and of protecting that wealth.

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To learn more, you are advised to take a gander at this splendid resource for meta trader forex suggestions.

It has been shown that forex auto trading delivers every time when it involves making money. Why would you not want to use it? The idea of making extra money whilst you sleep, work, and set about your day-to-day business might sound discouraging, or even impossible, but it is not as challenging as it looks. forex auto trader is easily capable of helping to provide you with an extra source of income without much effort or time spent fretting. It is not surprising to find out that it takes market traders over a decade of experience to learn how to trade and haggle on the market floor and to ensure a lucrative return on the original investment. Nonetheless, such a vocation is a line of work that requires a great deal of staying power and push. There’s no point in working that hard, however, providing you combine forex auto trading software with a realistic financial strategy. Remember that as efficient as forex auto trading is, beneficial results can only be gained if its user knows how to get them — it is recommended that you make a few practice trades before you start on the real thing. Do it that way and you will be able to pinpoint all the essential modifications, and solidify your strategy before you start risking real cash. Whatever you might need the forex auto trader system for, it has been developed to be easily customizable and can integrate many forms of data therefore making it easy to use. The Forex trader is able to become fully self-regulating as soon as you have filled in the relevant information.

A forex robot can only function as well as its owner will allow, however, so you should bear the following bits of advice in mind. Firstly, the system does all that it can to produce fiscal rewards and to shield you from losses — this is, however not a definite guarantee. It is perfect for executing your demands rather than wasting valuable time doing it yourself. Rather than risk not having sufficient spare time to keep an eye on a suddenly hot market, all you have to do is to program the forex trader and carry on with your daily chores. The next point is that it does need regular monitoring, even if it’s just for 10 seconds. You should never forget that you have the forex trader running in the background; your shares will thank you for it. Bringing matters to a close, as long as you use your forex auto trader correctly, you should be able to avoid the obvious pitfalls. We recommend an approach that is slow and methodical when handling your finances. So, to cut out the strain and lengthy hours of modern day trading, always remember that you have an alternative in the form of the forex auto trader.

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Do you love your house, but detest all the work required to keep it looking good? Hate sanding, scraping and painting? Cleaning gutters? Or paying others to do it? And what about those utility prices? K-Designers can help. For over 30 years, K-Designers has been serving house owners trim the bills and time associated with house maintenance by providing high-quality, long lasting exterior siding, windows and doors.

K-Designers got their start over 30 years ago with two brothers installing vinyl siding. For many years, they only did siding, doing one thing and doing it well. As their company grew, they were able to leverage their relationships with top manufacturers to ensure their customers top quality products at fair prices. Today, K-Designers buys everything direct from the manufacturer. But they dont just do siding any more.

Insulated exterior siding can go a long ways toward making a house more energy efficient. Windows and doors are another place where your home is susceptible to the elements, and they are also another source of ongoing maintenance issues. K-Designers offers cost-efficient rigid vinyl windows and all types of doors.

As the company has grown, K-Designers also added gutters, downspouts and exterior hardware to their product lines, all with the same care in selecting suppliers and negotiating the best pricing.

Of course, providing a quality product is only half the equation. The other half is installation, and K-Designers pays as much attention to selecting sales individuals, installers and service people as they do to selecting products. All K-Designers employees go through extensive training at company headquarters before interfacing with clients. With over thirty years in the company, K-Designers is well-equipped to provide outstanding customer service from start to finish.

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Single market transactions involving subprime auto loan portfolios had until recently not been made possible. An online firm using the Ebay auction principle has appeared and set out changing this, with loan purchasing viewed with a modern mentality.

Using this national bidding platform, subprime and consumer loans are packaged together and offered at a discount, open to banks and investors. Thanks to this approach data will be standardized conducted during the transactions, while also creating a chance for smaller packages to be bought. This widening of the doors allows any package to be considered. Just like any other online business, selling subprime loans and consumer loans using this platform has the benefit of reaching a wider range of potential clients with less effort than traditional methods. Due to the development of a time-independent, space-independent business model a number of other limitations are eliminated and savings are possibile.

Contacting as many customers as possible is crucial when dealing in anything.

As with the majority of industries, what information you have at your fingertips can determine how well you are actually going to do. This form of financial opportunity naturally generates more exposure than most and the surest method of avoiding these, too, is reliable information. How much is transparency worth to you?

The standardization of loan level information puts the control of portfolio sales right in your hands, rather than handing it over to a broker or other third party. Open discourse with full disclosure puts you in a position in which both buyer and seller can equally profit.

Easier choices of how to invest are achieved by keeping the packages standardized rather than fragmented. This saves valuable time for buyers and sellers both by making the ideal deal available for your needs. A system of open bidding creates plety of opportunities to make the best exchange possible, and the opportunity to improve your profit margin, employing negotiation and direct contact between the parties involved.

Online sales in any market, naturally including loans, is able to take advantage of the boundless openings of the online business space. What with a wider scope, reliable standardization of data, and the prospect of laying your hands on packages assembled to your exact requirements, why not venture using the Net?

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Single market transactions involving loan portfolios had until recently not been possible. Now this has begun to change due to the rise of a company optimized for one purpose: for dealing in loans through a process involving bids, similar in execution sites like Ebay. Having developed a customer base as a nationwide platform, loans are gathered into packages which are bid on: at significant discount levels. Smaller packages in this way turn into a worthwhile investment, making the market open to more investment. Loan performance, credit quality, and size are no longer roadblocks to the opportunity for investment.

Due to the emergence of a space-independent, time-independent business model many other restrictions are eliminated and time and money can both be saved. Improve your access to banks and investors through the reaching power available to any online business: ensure your loans are known to debt buyers. Any and all viable customers need to be investigated and contacted if you want them to know you have portfolios they might be interested in. This system offers, as a result, all pertinent data available to anyone who’s registered at a time of their asking: rendering the sale of loans simpler.

To sell loans, the greater the degree of information you have available, the more chance you have of achieving great results. This area of commerce generates more exposure than most and the wisest way of avoiding these, too, is precise information. Using the unprecedented transparency and standardization offered by this service you can handle your portfolios yourself without any need for a third party broker. Both, buyer and seller, can benefit greatly from comprehensive disclosure of germane information, meaning that full and frank negotiation becomes worthwhile, accordingly evening out exposure with profitability.

An avoidance of fragmentation in packages ensures assessment is simple when it comes to finding what you want. This saves time for sellers and buyers both by making the optimum deal available for your needs. Introduce to this open bidding and any and all transactions are much more likely to be finalized with, thanks to open negotiation, a firm likelihood of benefit for everyone involved. Remember, the web has launched boundless possibilities for the asking, and the scope in which to sell loan packages is in the process of splitting open. Many companies have suffered as e-commerce entered their form of commerce, and they failed to capitalize on it: whereas those who did, actually prospered. It’s a nobrainer decision.

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Obtaining mortgages and loans along with buying on credit all claim that your credit status is positive and that you aren’t a victim of bad credit. A progression of debt is encountered by a person with a negative credit score as credit businesses will charge a lofty price for their assistance. Lots of people today are under the impression that the high priced methods of obtaining credit repair service is the sole way to repair bad credit, but with a slight exertion many easy and free tips can be used.

The fundamental step is to determine the cause of bad credit. If you can confirm the reason of your negative credit position, only then can you repair your status. Unforeseeable
dilemmas such as job loss, funeral or hospital bills, etc can be the ruling causes of bad credit. 

Next, a workable result can be distinguished by reaching at the core of the difficulty. Your credit reports can keep you aware of your most current debts, credits and financial transactions. Prior knowledge of your financial status can repair your bad credit which is why annual credit reports should be used.
Furthermore, the up-to-date credit movements can be tracked by maintaining a documentation of all the updated reports.

Organize and manage your bills.Lower your credit card usage and do not delay your expenses.
You will realize that a credit score can be attained and your goodwill with loan companies will become promising.If you cannot avoid the need of using credit cards then think back over the lives of ancient people which were better without credit cards. End moment bill payments are also a basis for plunging into bad credit as countless people have suffered a surcharge because of a problem in the credit process. Repair bad credit by instilling consistency in your payments.

It is advisable to use the direct approach with your creditors and have a talk with them. Better discounts can be achieved by a skillful negotiation. persuasive resolutions can attain your aims when talking to your creditors.

All such situations which can pose a danger to your credit status should be avoided to keep you from getting a negative credit score. Bad credit can be hazardous to your status in society which is why it is recommended to apply the procedures outlined above.
Bad credit not only lays barriers in your way of getting a worthy job but also extend problems in getting loans or in the purchase of a luxury. Prompt action to repair bad credit can ensure that your credit profile is protected and unharmed even after falling victim to bad credit.

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The completion of these offers don’t give you the salary of a salaried job, but you might be able to earn anywhere from pin money to a few hundred dollars more a month if you put in the time. In addition, the likelihood of receiving free samples for your work, on top of a variety of fabulous prizes, is quite high. Getting Free Online Survey Creation is simple. God bless free enterprise! There are more opportunities to earn a supplemental or even a primary income by simply offering your opinions and performing simple freelance tasks than ever and this shows no signs of slowing down, read on more about Free Online Survey Creation. They also talk about which websites are worthless and don’t pay squat. Also see Integrated Solution For Employee Surveys. If you don’t take any surveys you will not make a dime.

The simpler your survey the better the results you will get. Complicated questions somewhat harass the customers mentally because they bring discomfort. Opt for simplicity in your survey structure. Customers like to read and answer questions easily and comfortably. This is another of the more important guidelines for writing effective surveys. Stay with a paid survey program to play it safe. Find out more about Free Online Survey Creation and Integrated Solution For Employee Surveys. Paid surveys are one of the best ways to start working online from your home.

For just an hour or two of your time you can expect to earn $75 $125 $175 even up to $300! Other research opportunities available to you are Paid to Shop Paid to Eat Paid to Watch Movies and More! Any man woman college student or senior can make money online through PayPal simply by joining the legit internet survey sites out there. More about Free Online Survey Creation and Integrated Solution For Employee Surveys at our website. Just for being yourself. Get all the info on Free Online Survey Creation from our homepage. The reason for this is because the companies that run the surveys want to get the most bang for their buck as the saying goes. Get paid survey network list absolutely FREE from our website! Absolutely no charge for joining the industry’s TOP 7 paying survey networks.

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From personal experience, each of these consumer survey networks contains thousands of high paying multinational companies, ready to pay you $10-$300 for every survey done! Absolutely FREE to join.
Good Luck!

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Several uranium development companies have set their sights on New Mexico. Two are actively involved in permitting their properties for production. One was the first to be issued a drilling permit in about a decade; another awaits a permit in order to drill the company’s property. Another is an 800-pound gorilla in the nuclear fuel cycle. Three others have properties or continue to assemble a land package in New Mexico. The following is a brief review of the projects of these uranium development or exploration companies, currently holding property or moving forward.

The front runners include Uranium Resources, Strathmore Minerals and General Atomics. Companies moving forward include Laramide Resources and Western Uranium. Companies to also watch include Energy Metals, Max Resource Corp and Powertech Uranium. Each has various plans to advance their projects and should be reviewed on their merits.

Uranium Resources Inc.

Uranium Resources is the top front runner in New Mexico. The company has devoted a great deal of time and money to permit its Church Rock property. In an interview with Craig Bartels, president of HRI (a wholly owned subsidiary of Uranium Resources), he told us, “We hope we can begin construction at the property in 2007.” The company has cleared numerous hurdles, posed by local environmentalists, having successfully won every legal battle to date. Its parent company produces about 1 million pounds annually in Texas. Earlier this year, Uranium Resources announced a proposed joint venture on the company’s Church Rock property with Japanese conglomerate, Itochu Corporation.

Phillips Petroleum made the Church Rock uranium discovery in the 1950s, and later sold the project to United Nuclear (UNC). UNC constructed a mill and mine to the northeast. One HRI property, at Crownpoint, was developed by Mobil Oil as an In Situ Recovery (ISR) project. Earlier work at Crownpoint was done by Westinghouse and Conoco. Phillips developed HRI’s uranium property at Nose Rock; Kerr-McGee did the original uranium drilling at Roca Honda. Uranium Resources holds about 185,000 acres in the southern San Juan Basin of New Mexico.

Through the uranium depression, Uranium Resources was the “lone man” in New Mexico. Now times have changed. “It is great having other companies coming in here now,” said Bartels. “There is so much uranium, and the national attitude has changed so dramatically over the last year, that there is an actual excitement as to what can be done now.” Bartels looks forward to the success of the company’s first uranium projects in New Mexico, on the western end of the Grants Uranium Belt. He explained, “Using a pretty typical recovery rate of 75 percent for ISR, recovery would be about 4.9 million pounds on Section 8, and 6.3 million pounds recovered at Sec 17.” Bartels told us he has been advertising for employees in the northwestern New Mexico newspapers.

Strathmore Minerals Corp

Strathmore Minerals Corp controls a number of advanced uranium properties in New Mexico. The company’s most advanced efforts have been proceeding with the permitting phase on its Church Rock property. To date, the National Instrument 43-101 resource calculations on two properties, the Church Rock and Roca Honda deposits, total nearly 50 million pounds in measured indicated, and inferred categories. Historical uranium calculations on other Strathmore properties in New Mexico, which are non-compliant by National Instrument 43-101 standards, indicate there may a similar amount in addition to what has been reported. Strathmore Minerals President and Chief Operating Officer David Miller told us via email, “It is Strathmore’s intent to become the premier uranium producer in New Mexico.” The company has approximately C$40 million in the bank to advance its projects.

The company has followed the lead of Uranium Resources in the Church Rock area. Miller told us, “There are two ISR projects in various stages of permitting in the Church Rock area, which Strathmore started a year ago.” The company has issued news releases updating investors on its permitting progress in New Mexico. In February, the company announced it was on schedule and under budget in permitting its Church Rock uranium property. A mid-April update announced Strathmore was developing its mandatory corporate programs in the permitting process and was advancing toward the licensing phase of its In Situ Recovery process. Dependent upon when Uranium Resources receives its final approval to commence its nearby ISR project, Strathmore Minerals should quickly follow with its project. Please see final section of this article about the company’s Roca Honda project.

General Atomics

Meet the 800-pound gorilla. Not only is General Atomics in the front end of the nuclear cycle with a uranium mining subsidiary, it is a privately held company whose interests are widespread across the nuclear fuel cycle. GA is its acronym, and the one used in this industry. Founded in 1955 as a division of General Dynamics, GA has over 20 locations worldwide, manufacturing a variety of high technology products for commercial and government applications. For example, its aeronautical affiliate manufactures unmanned aircraft, surveillance and radar imaging systems.

GA covers a good part of the nuclear fuel cycle. In Australia, through Heathgate Resources, the company owns and operates the Beverly ISL mine. Its ConverDyn affiliate converts U3O8 into UF6 (uranium hexafluoride), which is the step preceding uranium enrichment. Another affiliate, the Cotter Corporation, holds various uranium properties and a licensed mill near Canon City, Colorado.

General Atomics also owns the largest uranium resource in the United States through its affiliate, Rio Grande Resources Corporation. The crown jewel of the company’s uranium holdings are found in the Mt. Taylor deposit. Before the project was placed on standby in 1989, more than 8 million pounds of U3O8 were produced. The deposit occurs at 3000 feet below the surface with ore grades ranging between 0.15 percent and 2 percent U3O8. During the mine’s production, grades average 0.5 percent. Mt. Taylor reportedly contains an in-place resource of more than 100 million pounds of U3O8. GA is reportedly evaluating the deposit for an ISR operation.

Laramide Resources

Laramide Resources has made a strong footprint in Australia, but it also moving forward with its New Mexico uranium property. The company’s La Jara Mesa deposit is located about 12 miles outside Grants, within the San Mateo Mountains, near Mt. Taylor. Homestake had previously operated a mill in the district. Work was first commenced in the La Jara Mesa area in the 1950s. Homestake drilled 86 holes between 1967 and 1971 and abandoned the property after only a few high grade intersections. After the property changed hands in the 1970s and 1980s, a discovery hole was drilled in 1980. Power Resources (now a Cameco Corp subsidiary) drilled more than 500 holes. Homestake again re-entered the project in 1983 and completed metallurgical tests on the drill core. Homestake also completed a mining plan and feasibility study on the Dena Rich deposit, but stopped all work after the uranium price crashed.

In a conversation with Laramide Resources Chief Executive Marc Henderson, he told us, “The La Jara Mesa property may be the key piece of the puzzle,” referring to the Ambrosia Lake district. “It has the easiest production scenario and the easiest access,” Henderson said. The company’s website reports the project has a resource of approximately 7 million pounds of U308 (not compliant with National Instrument 43-101). The U.S. Forest Service is now awaiting public comments on the proposal by Laramide to drill ten test holes, about 600 feet deep, to confirm exploration findings from the 1980s.

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Investing Akido - Part One

by Anthony Merizzi

“What’s the biggest challenge to earning money in the stock
markets?”

According to a recent survey of hundreds of new and experienced
traders, it’s simply this:

How can you earn consistently, even predictably…month after
month?

It seems that the average investor takes a somewhat scattered
approach, which also tends to scatter their profits. Some people
hear the news of a stock that’s ‘just about to expode’, and rush
to get their money into it before it’s too late.

Or, even more often, they just watch to see if the news comes
true. They stay ‘on the sidelines’, unsure whether to move or
wait. Unsure how to make a decision. And out of the profits,
too.

Sometimes, after seeing too many opportunities pass by, you
might get so impatient or anxious that you take a chance on the
next one that comes up. Certain that your time has come. And, it
may work for you. But without proper research or guidance on
your decision, it may be more like a gamble than an informed
decision. Again, where do the profits go?

Here’s a thought… “Amateur Investors have the advantage over
professionals in their ability to move in and out of the Stock
Market quickly…”

(Peter Lynch said that)

Still others, who may spend time and energy researching their
choices, may even put their money into a ‘good stock’ (I’m not
sure what that one means…). But then, they leave their choice,
no matter what happens. The problem with that happens when they
leave it so long that they see their profits build, then fall
again. The normal ebb and flow of the economic markets can do
that. So the question often becomes something like “How long
should I hold a stock? How long is too long?”

Common questions, all of them.

And I’ve asked them plenty of times too.

Finally, after trying a few different methods that promised
success and even a profitable source of income from stock market
trading, I’ve discovered a way for all of this to make sense.
Basically, the approach is a lot like the martial art of akido,
where you use existing momentum to provide the energy to win.

Once I’d actually learned how, I started off by earning over
18.3% during my first trading month. That was a good month,
sure! I’ve seen that go up and down since then, and have finally
learned to see more ‘ups’.

If you’d like a look inside my actual results, and the
strategies used to get them, drop me
a line here. I’ll send you occasional updates on my actual
results.

They won’t come every day, but usually at least once a week. So
rest assured, you won’t be overloaded. But you may just get
inspired…

One of the significant discoveries I made was that everyone
has…

+++++++++++++++++++++++++++++++

I’ve run out of space for this article. Click here to continue
reading Part Two.

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If you are reading this you are apparently a person concerned with not only protecting that which you have worked hard to obtain, that which you hope to build and acquire in the future, but also with making sure the products of your labor are protected and transferred to those you care about. Sadly, in a society with excessive government bureaucracy, high taxation, as well as persons with a predatory nature and little in the way of moral principles, building and protecting wealth and assets can be a difficult challenge. It is sad that anyone should have to set up a structure so sophisticated just to protect what he/she has lawfully acquired. If we could count on everyone to be as moral as we consider ourselves to be, if we could expect our rights to be properly protected by the courts, having an asset protection plan would not be necessary. Unfortunately this is far from the case. First let us consider the three biggest obstacles to protecting and transferring assets.

Contingency Litigation

If you own your own home you have a one in three chance of being sued in your lifetime. If you own a business those odds increase dramatically. Depending on the nature of your business those odds are multiplied yet again. Countless hard working honest individuals have built prosperous businesses, including businesses that profited in the millions, and been ruined by a lawsuit. One of the biggest get-rich-quick schemes in America has become to sue somebody. Contingency litigation, where the client doesn’t have to pay a dime up front because the lawyer will be working for a percentage of whatever he can get out of you, typically around 30%, is pretty much exclusive to the United States and Canada. Consequently these two countries have 70% of the world’s attorneys and 90% of the world’s lawsuits. There are more than ninety million civil lawsuits filed annually; it’s an epidemic of massive proportions in this country.

Probate/Transferring of Estates

We all want to provide for our loved ones when we pass on. Without preparation though, the passing on of an estate can be very time consuming and costly. Probate often runs between 18 and 24 months. It is very costly. Probate and taxes can consume more than 50 percent of the inherited estate. Through probate, everything becomes public information. Some companies and individuals prey upon people who must sell within a short time frame to satisfy probate and estate taxes. These scavengers buy for pennies on the dollar.

Taxes

Federal taxes range between 28 percent and 39 percent. State income taxes reach up to 12 percent. Social Security and Medicare taxes or self employment taxes are 15.3 percent. That’s already from 43 percent to 66.3 percent of your earnings gone in income taxes. If you sell real estate in less than 2 years you have capital gains taxes to pay, which can run in the tens of thousands to hundreds of thousands of dollars.

Your Financial House

We have all created and are likely still building a financial house for ourselves. However, for the majority of the population that house only has a front wall, and anybody can come in from the sides and the back and pretty much take their stuff.

Have you ever heard of the Rockefellers or the Kennedys being sued? Have you ever seen a word in the newspaper about a member of those families having his/her estate in probate? What about income taxes? Is this by chance? When Ted Kennedy drove his car into the river with Mary Kopechne and she drowned, why didn’t the family sue him? Are not the Kennedys worth millions? They are but Ted Kennedy never had to worry about a lawsuit. Why?

Imagine legally and lawfully slashing your tax liability by 70 to 90 percent. Imagine buying and selling real estate with no capital gains taxes. Imagine your estate being transferred to the next generation instantly and completely privately with no probate, death taxes or estate taxes of any kind. Imagine being completely lien, levy and lawsuit proof; your assets absolutely protected; effectively having virtually no liability connected to you in any way. By learning the strategies the wealthy have been teaching their children for generations, and breaking free of the misinformation and propaganda the wealthy have worked tirelessly to inundate the rest of the population with, you can accomplish all these things.

When before a senate sub-committee hearing, Nelson Rockefeller was questioned. “Mr. Rockefeller, how much money did you make last year?”

“Oh, 650 million or thereabouts.”

“Wow, that’s quite a chunk of change Mr. Rockefeller. How much tax did you pay on that?”

“Oh, I don’t pay any taxes.”

“How is that possible Mr. Rockefeller?”

His answer? “I don’t own any of it.”

He had no liability because his family knows how to “control everything but own nothing.” Access without ownership. Equity without liability.

Actually he did pay a little over $600 in income taxes. $600 on $650 million. And this tradition is still alive. When Hillary Clinton was recently before a similar hearing she disclosed she had paid around $700 and some change in income taxes. Bill and Hillary are also worth millions. And the methods they use are completely compliant and legal.

An example of the aforementioned misinformation is the Foundation. What is a Foundation? From the media, movies, TV news, you are led to believe that a Foundation is just a charitable organization used to raise money for a good cause. Well, while they can function in this capacity, the reason they were created actually had absolutely nothing to do with charity whatsoever. We have all heard of the Rockefeller Foundation, the Carnegie Foundation, the Ford Family Foundation, the Kennedy Foundation, the Bill & Melinda Gates Foundation…and the list could go on. Do you think it is by chance that all of these ultra wealthy families have Foundations or do you think there might be some benefits? Absolutely there are benefits, and when you understand the true nature of a Foundation those benefits will become very apparent.

In the early 1900s those of the ultra wealthy global elite here in the United States first established the Foundation laws, dumped all of their assets into Foundations, and then proceeded to institute a paper fiat “flexible” currency through a central bank (something the Revolutionary War was fought to get away from) disguised under the craftily conceived title, The Federal Reserve System (Not federal and there are no reserves of any kind), an enumeration at birth program (Slave Surveillance Number …I mean, Social Security Number), and an income tax system.

The foundation is a unique financial entity. It is the only financial entity which owns itself, its purpose being to hold, build, and protect assets and wealth for the benefit of the yet to be born. An important legal concept to understand here is that wherever equity finally falls or lands, that is where the liability lies, whether tax liability or civil liability. In the case of a foundation what that means is that the equity is falling to the unborn. Can you tax the unborn? Can you sue the unborn? And because a foundation has all the rights of a person, with all of its equity technically belonging to the unborn, it is completely private. And yet you can be the founder, the protector, and a beneficiary of the Foundation. And you as the protector of the Foundation would actually be breaking the law if the IRS or whoever, requested you to disclose the contents of the Foundation, and you complied. You are legally bound not to disclose the contents of the Foundation and can be prosecuted if you fail in that responsibility.

Are the benefits of a Foundation starting to become apparent? No income tax liability. No civil liability. Instant transference of wealth from one generation to the next without probate or death taxes. Does anyone not want one of these? A Private Interest Foundation (PIF) is the hub of the wheel in a truly comprehensive asset protection strategy, especially when set up in a location outside the jurisdiction of the U.S. Federal Government. And this is not a method of illegally hiding assets. This is an established legal structure that anyone can utilize.

Why Offshore?

Have you ever done business with a Panamanian Corporation? Most persons when asked that question would reply in the negative. But, have you ever purchased anything from a Sears store? How about a Costco? Have you ever used Federal Express or DHL to deliver a package? Have you ever flown on American Airlines? The fact of the matter is that we all probably do business with corporations based in Panama almost every day.

Why Panama? Well, Panama is the second largest banking district in the world next to Switzerland. Panama is number one though for corporate and banking privacy. There is no piercing of the corporate veil in Panama, unless you are convicted of a serious felony; convicted not accused. There are also no income taxes on money earned outside of Panama. With a PIF set up in Panama, and an International Business Corporation (IBC) set up to do business on behalf of the Foundation (Foundations cannot do business) with the Foundation as the sole shareholder and consequently the owner of the IBC, and you as the manager of that IBC, you can now do business anywhere in the world. You can invest in investments normally not available to U.S. citizens and/or accredited investors. Plus there is no contingency litigation in Panama so the likelihood of ever being sued is next to nothing. And even if you were sued you are now set up so that you own nothing. You use the Foundation’s and the IBC’s stuff. You have access without ownership. You have learned to own nothing but control everything.

For business within the U.S. that requires a government number, such as purchasing real estate, getting a mortgage loan, the Foundation sets up a Nevada Limited Liability Company (LLC). The LLC is issued an Employer Identification Number (EIN), which incidentally has the same amount of digits as a social security number. Walks like a duck, quacks like a duck. But it’s never going to end up on the dinner table. Your LLC purchases the house and you become a renter. You walk into the office, you say, “Hello, I’m here to pay the rent.” You count the money out on the table. Then you walk around to the other side, pick it up and say, “Thank you very much.” Access without ownership. Equity without liability. Own nothing, control everything.

Later you decide you want to sell the property. But wait, it has been less then 2 years since the LLC purchased it. Are capital gains taxes going to take a huge percentage of your profit? Nope. Because you are not going to sell the house. You are going to sell the LLC that owns the house. The house never technically changes hands. Nothing moves anywhere at the county level. No capital gains tax.

And remember all of this is completely compliant and legal. The wealthy have been using these strategies for generations. The Rockefellers have over 7000 offshore entities protecting their wealth. The Kennedys have over 700 and they are government. I think it’s Ok if you and I use 1 or 2.

Let’s talk a little about contingency litigation again. Joe Schmo slips on your steps and decides to sue you. He goes to an attorney and what do you think the lawyer’s first question is? It’s not about the merits of the case. He asks what you have to take. And for a $100 asset search he can find out everything you own in your name. Only you are not the average Joe and when he performs the asset search guess what, you don’t own anything. He discovers that a Nevada LLC owns your house and decides to do a little digging. Perhaps he can sue the LLC. But wait, the LLC as a lien against it. It’s in hock to a Corporation based in Panama for all its worth. And guess what? There’s no contingency litigation in Panama. If he wants to go after the IBC in Panama the client now has to pay him up front. Now in the U.S. if my corporation were to come under attack either by the IRS or through litigation, and I move my assets out of reach, that is called Fraudulent Conveyance. It’s illegal and I could go to jail. However in Panama the opposite is the case. It is your duty to protect the assets of the corporation and being as you have this handy little completely private and secure Foundation set up there as well, it is a simple matter to move the IBC’s assets into the Foundation. Now, even if a judgment were won against your IBC, the IBC has no assets. The plaintiff is unable to collect. But here he has a charge off for whatever it is he supposedly won. Guess who comes knocking on his door for their cut? That’s right, the IRS. Now he has to pay taxes on money he was never able to collect. Attorneys already understand all of this. That is why as soon as they see that the LLC is in hock to a Panama IBC, they realize any further pursuit is not worth it, and Joe Schmo has to go looking for an easier target. So the answer to the question, “Why offshore and why Panama,” should be pretty apparent.

What has been covered so far is a very broad brush stroke painting of just some of the basic principles and advantages of a good asset protection strategy. There is still much more.

In conclusion, if you truly desire to break out of the system, build and protect wealth, leave a legacy, you need to learn how to build a secure financial house, with all of the walls intact.

I wish you all the success you are looking for.

R. Wayne Wood
(541) 677-9055
wwayne2@gmail.com

R. Wayne Wood is the author of “Asset Protection - Why Necessary? Why Offshore? The few paragraphs with specific statistics were taken from the book, Inc and Grow Rich; one of the best books ever written on asset protection. Much of the rest of the information, quotes and examples were provided me by Gino Casternovia and his incredible team at Southern Oregon Resource Center Educational Services (SORCE), whom I believe to be the finest asset protection team and consultants anyone could ever have. Their client base is worldwide. They are honest and ethical, and after 1 to several interviews with you will help you to understand what you need based upon your current situation and future plans. On their website there are several audio recordings you can listen to covering asset protection and many of the questions and implications surrounding restructuring your financial house. For that website please give me a call. Thank you.

R. Wayne Wood is an independent consultant for a comprehensive financial education incuding international investment and financial seminars. His website is at http://www.nwlv.net and he lives in Roseburg, Oregon.

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