22Jul, 2019
    Asset Protection Trusts

    An asset-protection trust is any form of trust which provides for funds to be held on a discretionary basis. Such trusts are set up in an attempt to avoid or mitigate the effects of taxation, divorce and bankruptcy on the beneficiary. Such trusts are therefore frequently proscribed or limited in their effects by governments and the courts.

    The asset-protection trust is a trust that splits the beneficial enjoyment of trust assets from their legal ownership. The beneficiaries of a trust are the beneficial owners of equitable interests in the trust assets, but they do not hold legal title to the assets. Thus this kind of trust fulfills the goal of asset protection planning, i.e. to insulate assets from claims of creditors without concealment or tax evasion.[citation needed] A creditor’s ability to satisfy a judgment against a beneficiary’s interest in a trust is limited to the beneficiary’s interest in such trust. Consequently, the common goal of asset protection trusts is to limit the interests of beneficiaries in such a way so as to preclude creditors from collecting against trust assets.[citation needed]

    Such trusts must be irrevocable (a revocable trust will not provide asset protection because and to the extent of the settlor’s power to revoke). Most of them contain a spendthrift clause preventing a trust beneficiary from alienating his or her expected interest in favor of a creditor. The spendthrift clause has three general exceptions to the protection afforded: the self-settled trusts (if the settlor of a trust is also a beneficiary of a trust), the case when a debtor is the sole beneficiary and the sole trustee of a trust, and the support payments (a court may order the trustee to satisfy a beneficiary’s support obligation to a former spouse or minor child). The first general exception, which accounts for the majority of asset protection trusts, no longer applies in several jurisdictions. The laws of certain jurisdictions including Alaska, Bermuda, and the Cayman Islands allow self-settled trusts to afford their settlors the protection of the spendthrift clause.[1]

    https://en.wikipedia.org/wiki/Asset-protection_trust

    22May, 2019
    What does it mean to be a GAME CHANGER?

    What actually does it mean when something or someone is a game changer? It can be an event, idea, or procedure that effects a significant shift in the current manner of doing or thinking about something.

    You are a Game Changer in that you provide a relationship that comes along and turns everything upside down in a positive way. It’s your relationship with those you have communications with that changes the familiar landscape of life, rearranging all aspects in a new and unexpected way.

    See yourself having an effect that is strong enough to change someone’s life if they are open to a change. Of course, their openness will have a huge decision on the change which can have a powerful effect on their life in the future.

    Our Wealth Management Structures is a GAME CHANGER. Leading the way in wealth creations, management, and protection.

    9Apr, 2019
    Are you an ACCREDITED INVESTOR?

    In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one’s primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year. The term “accredited investor” is defined in Rule 501 of Regulation D of the U.S. Securities and Exchange Commission (SEC) as:

    1. a bank, insurance company, registered investment company, business development company, or small business investment company;
    2. an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
    3. a charitable organization, corporation, or partnership with assets exceeding $5 million;
    4. a director, executive officer, or general partner of the company selling the securities;
    5. a business in which all the equity owners are accredited investors;
    6. a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, or has assets under management of $1 million or above, excluding the value of the individual’s primary residence;[11][12]
    7. a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year;[13] or
    8. a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes.”[14][15]

    However being and accredited investor in other countries is very different.  Give us a call to find out the requirements for being an accredited investor in a foreign country.

    11Mar, 2019
    When Should a Business Choose to Expand?

    If you’re wondering how to fund the expansion of your business, Small Business (SBA) loans and Lines of Credit are pretty good options because the rates are very affordable, and the terms are very favorable — allowing the borrower to pay back the debt with comfort.  SBA loans are government backed to help reassure the security of your loan.

    • Need facilities: A common reason for business expansion is when a company outgrows their current operating facility or supporting networks.
    • Need equipment: As business growth ramps-up, so does the need for modern and fully-functioning equipment or machinery to help keep up with orders.
    • Hire employees: As your business grows, the reliance on quality workers to support the growth is crucial, as well as the need to hire new workers to help the company with production and marketing.
    • Working capital: When you find yourself reinvesting in larger facilities, equipment, marketing, hiring, etc. you may find that your liabilities begin to outweigh your income. During those times it may be crucial to obtain working capital financing.
    • Marketing: As with all businesses, if you have a great product or service but no one knows about it, you won’t make much money. Therefore it takes money to make money.  Investing in marketing to help grow your business grow is absolutely necessary.
    • Purchase inventory: As your business grows, the need for adequate inventory is crucial. Making sure your product is always in-stock is extremely important.

    We provide lending options for those individuals seeking to expand their business operations.  Your success is our goal!!

    22Nov, 2018
    Move your business with downhill speed…

    We’ll take out all of the guesswork, at least on your side. We coordinate efficiently on behalf of your company in order to create market wherewithal for your company to grow and develop much faster than the competition.

     

     

    Our strengths serve to increase your market appeal! By working with us, your load lightens and your business tightens! Let’s secure our relationship together and put your organization on the fast track to greater achievement!