TheUltimateInAssetProtection

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Presentation transcript:

TheUltimateInAssetProtection The Golden Horseshoe The “Golden Horseshoe” is different from a Circle of Protection because it is not a closed circle, - the income is separated from the outgo, and never the twain shall meet.   You separate the INCOME from the OUTGO. INCOME may be taxable, but there is not even an OUTGO tax form to file. Private Interest Foundation (PIF) The PIF holds and manages money in a tax neutral manner, owning stocks and making investments all over the world, and owes no taxes under Panamanian law on any income generated outside of Panama. The most concise source of truthful information on Safe Asset Protection.

TheUltimateInAssetProtection Corporation Sole (CS) When the Corporation Sole is in need of funds, it can request a distribution of benefits from the PIF. Your OUTGO is concentrated into a Corporation Sole and diversified through several Charitable Religious Trusts. No income taxes are owed. Charitable Religious Trusts (CRT) Manage non-business assets/liabilities in the USA LLC, filed in Wyoming, owned by (FGT’s) The LLC is owned by two, Foreign Grantor Trusts (FGTs) in Belize. Your primary separation is that your INCOME is generated by an LLC. Two, Foreign Grantor Trusts (FGT’s) - These two FGTs have a beneficiary that is another FGT (total of 3 FGT’s) The Beneficiary FGT pays its benefits to a Private Interest Foundation (PIF).

TheUltimateInAssetProtection The Golden Horseshoe, all the way from Corporation Sole and CRTs on the left, to the LLC/CCT on the right, is for people who want to put people to work, and potentially generate a lot of profit. The ex-wage-earner who runs into a windfall (inheritance, law suit, lottery, Currency Exchange) and who plans to invest, but not otherwise engage in commerce, will only need the left half of the horseshoe, from CRT to PIF. The most concise source of truthful information on Safe Asset Protection.

TheUltimateInAssetProtection IMPORTANT POINTS The Golden Horseshoe System is based upon the principle of separating the INCOME from the OUTGO. There is an INCOME tax, but there is no OUTGO tax. You might have an obligation to file an INCOME tax form, but you certainly have no obligation to file an OUTGO tax form. All entities and people file all tax returns that they are required to file, honestly, and on time. The Taxpayer that requests this service works as CEO of the LLC, drawing a modest salary, filing tax returns honestly and on time, and pays taxes on his lifestyle, putting all other funds to work generating income in tax neutral jurisdictions, ultimately, using the funds for charitable, benevolent works.

TheUltimateInAssetProtection THE PARENT GIVES BIRTH TO THE CHILD. THE CHILD OWES ITS SERVITUDE TO ITS PARENT.   There is more than double-arms length connection between the LLC (income) and the Charitable Religious Trusts (CRT) or Corporation Sole (outgo). http://en.wikipedia.org/wiki/Arm%27s_length_principle Qualifies under the “Arm’s Length Principle” because all transactions are done at fair market value, with no special advantages given, and all taxable entities calculate taxes honestly and pay the taxes on time. The most concise source of truthful information on Safe Asset Protection.

TheUltimateInAssetProtection THE PARENT GIVES BIRTH TO THE CHILD. THE CHILD OWES ITS SERVITUDE TO ITS PARENT.   There is no direct connection between the LLC (income) and the Charitable Religious Trusts (CRT) or Corporation Sole (outgo). Corporation Sole ♦ ♥ Wyoming Domestic LLC ♦ ♥ EIN / Tax Immune / Filed in Wyoming Charitable Religious Trust EIN / Tax Immune / Filing is Optional Foreign Grantor ♦ ♥ Trust #3 Foreign Entity / No EIN / Tax Immune Foreign Entity / EIN / Minimal Taxes Charitable Religious Trust EIN / Minimal Taxes / Filed in Wyoming Foreign Grantor ♦ ♥ Trust #2 ♦ = has annual fees ♥ = has Resident Agent † = All Nominee Officers, Plus $1,500 set-up Private † Interest ♦ ♥ Foundation Foreign Grantor ♦ ♥ Trust #1

TheUltimateInAssetProtection The right kind of entity is used for each job. Well-known commercial entities are used for making money. Well-known pass-through entities are used for pass-throughs. The Private Interest Foundation is for international asset control. The Corporation Sole is for managing a large charitable society. Charitable Trusts are for insulating assets and isolating liabilities. Each type of entity has its own, unique history. The laws are solid on which entities even have to file tax returns. The laws are solid on how to minimize the over-all tax bite. No surprises, either for you OR for the tax man.

TheUltimateInAssetProtection SET-UP TIMES CRTs are normally completed within 24 to 48 hours. You can usually open the bank account in one day. Corporations Sole are filed in Wyoming, taking 3 weeks to 4 months. You can usually open the bank account in one day. PIFs are registered in Panama, taking 7 to 10 working days. The PIF bank account normally takes between two weeks and two months, because of Panama’s strict adherence to anti-money laundering laws. FGTs normally take two weeks, each, and bank accounts are generally easy. The LLC takes about three weeks. You can usually open the bank account in one day. The CCT comes with the LLC, from the Resident Agent, and is only there for cashing checks and making disbursements on behalf of the LLC, eliminating the time, expense, and meddling of your state government wanting a “foreign corporation filing” for the LLC. Having to file a foreign corporation would increase cost of filing and bookkeeping. Bank account should open in one day.

TheUltimateInAssetProtection Cost of Creation and Maintenance CRT = Charitable Religious Trust Corp Sole = Corporation Sole PIF = Private Interest Foundation FGT = Foreign Grantor Trust LLC = Limited Liability Company CCT = Check Cashing Trust Entity Cost Set-up Annual Bank Deposit Notes CRT $1,000 zero Unknown *   Corp Sole $8,000 $160.00 PIF $10,000 $1,500 +/- $750.00 $5 K to $50 K FGT #1 $1,750 $250 FGT #2 FGT #3 LLC + CCT $5,000 $650 $125 - $349 * The banking information of the client is very private, at banks selected by the client. The financial information of the CRT and Corp Sole are not shared with anyone. The financial information of the commercial entities is shared only with the IRS and any other agency with whom the entity has agreements.

TheUltimateInAssetProtection www.TheUltimateInAssetProtection.com Conference Calls on Saturday at 9:00 PM Eastern & 6:00 PM Pacific Phone # to Dial: (425) 440-5100 Use Conf ID: 217399# To request services: mm@YourRemedyIsInTheLaw.com 386-956-4241 MM #401/ Suite 116, 1702 N. Woodland Blvd., DeLand, Florida, 32720 The most concise source of truthful information on Safe Asset Protection.