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  • Why offshore asset protection (aka Foreign Asset Protection) is good?  By : Rocco Beatrice
    Discusses why offshore asset protection (aka Foreign Asset Protection) is a legitimate business necessity. 1040 income tax return, schedule B line 7a: did you have authority over financial account in a foreign country. 1040 form, schedule B, question 8 regarding Foreign Asset Protection Trust. Other articles describe more opportunities for offshore asset protection strategies.
  • How To Increase Cash Flow  By : Stacey Moore
    Hidden wealth can be turned into cash flow--if you know where to look for it.
  • 5 Factors To Consider When Investing For Passive Income  By : Bernard Ng
    To achieve financial freedom is to generating enough passive income to cover your lifestyle. When you have sufficient passive income, you no longer need to work in order to survive. There are many ways to generate passive income, but before deciding which is the best for you, here are 5 factors to consider.
  • Money is a Multiplier of Personality  By : James Delrojo
    I've known people who never give to charity. They tell me that when they get rich they will give. The truth is that money tends to multiple your personality. If you a stingy person when you are broke you will be much stingier when you are rich.
  • Five Steps for Achieving Affluence..  By : James Delrojo
    Affluence includes money but it is also broader than just money. Affluence is a flow of good things into your life. Here are five steps to help you achieve affluence in your life.
  • Part 3: Asset Protection: General/Limited Partnership, Corp Chapter "C"/Chapter "S", LLC, Trusts  By : Rocco Beatrice
    Part 3: Asset protection comparison & definitions of General Partnership, Limited Partnership, Corporation Chapter "C", Corporation Chapter "S", Limited Liability Companies & Revocable Trusts and Irrevocable Trusts. Mentions Family Limited Partnership advantages in asset protection & reduction of federal estate taxes. Notable example of Breach of Fiduciary Duty of Trustee of U.S. Bank National Association.
  • Part 2: Asset Protection: General/Limited Partnership, Corp Chapter "C"/Chapter "S", LLC, Trusts  By : Rocco Beatrice
    Part 2: Asset protection comparison & definitions of General Partnership, Limited Partnership, Corporation Chapter "C", Corporation Chapter "S", Limited Liability Companies & Revocable Trusts and Irrevocable Trusts. Mentions Family Limited Partnership advantages in asset protection & reduction of federal estate taxes. Notable example of Breach of Fiduciary Duty of Trustee of U.S. Bank National Association.
  • Part 1: Asset protection with Joint Tenancy, Tenancy in Common, Tenancy in Entirety  By : Rocco Beatrice
    Part 1: Protecting assets by Joint Tenancy, Tenants in Common, Tenancy in Entirety or Community Property have many disadvantages. Loss of step-up in basis upon the death of the first Tenant; loss of estate tax protection; possible exposure of the assets; Joint Tenancy disinherits all other heirs; possibility of a gift tax consequence; Joint Tenancy supercedes any trust with the loss of all trust benefits.
  • Why a Will is Not Enough to Save Anna Nicole Smith's Baby Daughter?  By : Rocco Beatrice
    The assignment of choosing a guardian for your minor children is the most important aspect of having a will. A will also assigns an executor. A will doesn't protect your assets nor avoid the probate. A trust - revocable or irrevocable - needs to be considered. What's the distinction between a revocable trust and irrevocable trust?
  • You Cannot Accumulate a Fortune by Taking the Road That Leads To Poverty  By : James Delrojo
    If you are truly traveling the road to wealth then there should be some evidence that you are moving in the right direction. What is different today than it was last week? Let's look at a way that you can examine the evidence to see whether or not you are on the right road.
  • IRA Distribution Rules at Death: Critical Knowledge for Good Decisions  By : Robert D. Cavanaugh, CLU
    Your IRA could be one of your biggest assets. Do you know the IRA distribution rules at death? Do you have your IRA set up so your desires match the rules? Here’s a quick primer that could help you avert costly mistakes.
  • Two Ways to Get Wealthy  By : James Delrojo
    Here are two different ways that you can get rich. At first glance they look very similar, but understanding the difference between them can make an enormous difference in both the quality of life that you enjoy and the amount of wealth you accumulate.
  • Roth IRA Distributions at Death: Pitfalls to Avoid  By : Robert D. Cavanaugh, CLU
    Your IRA may represent the bulk of your estate. Care must be taken to assure that your wishes for the distribution at your death follow the rules. Here are the rules and several common mistakes to avoid.
  • How to Invest 25% of Your Income Without Losing Your Quality Of Life  By : James Delrojo
    John McCormack, in his excellent book "Self-Made in America" suggests that if you are investing less than 25% of your income then you aren't serious about becoming wealthy. But how do you afford to do this without suffering? The answer is here.
  • Why You Should Take a Rich Person to Lunch and Pay for the Lunch  By : James Delrojo
    You should take a self-made rich person to lunch whenever you can and you should always pay. Why? Read on and all will be revealed.
  • 10 Tips for Saving Money and Earning Interest  By : Michael Pruett
    Saving money and paying off debts can be difficult, but cutting back on day to day expenses makes the process easier. Implementing one or two ideas is all that’s needed to get you started on the path to better banking.
  • Seven Reasons Why You Are Not Rich  By : James Delrojo
    If you have never become rich then it is because of one or more of the following seven reasons. You can break free of them and become rich if you really want to. It starts by being brutally honest with yourself when deciding whether that reason applies to you.
  • Roth IRAs: Test Your Knowledge  By : Robert D. Cavanaugh, CLU
    Roth IRAs are popular, but the rules are complicated. Take this quick 5 question quiz and see if you are up to speed on the Roth IRA.
  • How Much is Enough?  By : Kent Humphreys
    Someday you will retire. Will a million dollars be enough? When J.P. Morgan died in 1914, his peers were surprised that his estate totaled "only" $68 million ($802 million in 1989 dollars).
  • E-Currency Exchange: Learn Before You Burn  By : txscorpio1
    Truthfully, the only difference between you and e-currency trading experts is time. If you'll invest a little more time in reading, you'll be that much nearer to expert status when it comes to e-currency trading.
  • Personal Injury Lawyer Will Steal Your Unprotected Personal Assets  By : Rocco Beatrice
    Personal injury lawyers are mostly contingent fee attorneys and thus will seek your assets that aren't protected. Did you know that you can be liable for child's auto accidents; your personal home equity can be open for a lawsuit. Each of your assets should have a financial goal and asset protection goal then determine proper legal entity.
  • Medicaid Nursing Home Spend-Down Program: 5-Year Look Back  By : Rocco Beatrice
    The Medicaid nursing home spend-down program mandated by the government has 5-year look back provisions placing financial devastation on senior elderly couples and the next generation baby boomers. What are the government's Medicaid long-term care plans? Is reverse mortgaging an option? Pros and cons of a reverse mortgage. Plan ahead with solid Medicaid estate planning and protection.
  • West Palm Beach, Florida, Auto Accident Attorney of 15-Year-Old Illegal Driver  By : Rocco Beatrice
    West Palm Beach, Florida accident 15-Year-Old Illegal Driver not covered by auto insurance. Lawyers can place full liability on car owner. Assets are not protected by West Palm Beach, FL auto insurance. Only an irrevocable trust can save assets and prevent lawsuits.
  • Anna Nicole Smith Dies Without a Will. What's a Will? What's a Trust?  By : Rocco Beatrice
    Anna Nicole Smith dies without a will. Without a will and a trust Anna Nicole Smith leaves behind many unsettled legal issues including paternal rights to her baby daughter, unsettled case against her late Husband's estate Howard Marshall II. What's a Will? Why is a Will not enough? What's are Trusts? What happens at the death of someone with only a Will?
  • Asset Protection, Joint Tenancy and Intentionally Defective Irrevocable Grantor Type Trust  By : Rocco Beatrice
    Why Joint Tenancy is bad advice from lawyers? Why Joint Tenancy has no Asset Protection? The alternative is Intentionally Defective Irrevocable Grantor Type Trust.
  • Why Money Is The Greatest Invention Of All Time  By : James Delrojo
    I am not only claiming that money is the greatest invention of all time, I am going so far as to say that if money had not been invented then it would be impossible for you to be enjoying the standard of living that you enjoy today.
  • Don't Do What You Do For the Money. Do It to Do It.  By : James Delrojo
    Billionaires don't keep doing what they do in order to make more money, they already have more money than they could every need, but they still keep working. Billionaires do what they do because they love to do it. However, they do use profit as their score card.
  • 7 Do’s And Don’ts Of Building Wealth  By : Braydon McCarville -
    Don’t fall behind

    Finance charges, interest payments, getting discouraged about your finances… all problems that can occur if you let yourself fall behind. Whether it’s bills, credit cards, or student loan payments, falling behind can be a very difficult problem to come back from. The more you have to pay out in charges, the less you will have to invest in your future.

    Set goals

    If you don’t know where you are headed, how do you get there? In order to accumulate weal...
  • Tips On Saving Money  By : G.L. Bycz -
    Do you always worry about money? Are you always playing catch up with your bills? Here are some tips on saving money in case you are one of the millions of Americans who are struggling with some type of debt:

    CREDIT CARDS

    Pay your credit card balances in full each month.

    Do not use credit card for things like groceries or dining. If you cannot afford to pay cash for it, you can’t afford it, period.

    Always review your credit card monthly statement to make sure char...
  • The True Cost Of Delay  By : James Delrojo
    Most people have seen an illustration of the magic of compound interest. For example, if you save $50 each week for 20 years then you will have accumulated $165,747 even though you only contributed $52,000. But what if you waited a year before you started saving? What is the cost of that delay?

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