🚀 go-pugleaf

Although written for US circumstances. This is applicable in almost any
Country

WHY WOULD I WANT A TRUST?
In a world where certain inalienable rights such as privacy, confidentiality,
and prosperity are being diminished, trust accounts have proven to be an
inspired manner whereby those rights may be maintained. It's how the very
wealthy remain very wealthy.

Increasingly, laws are being passed that allow personal assets such as cars,
homes, and other personal possessions to be seized to satisfy court judgments
(no matter how frivolous) against us, our businesses, or estates.

This sudden seizure of assets could result from, among other things,
neglecting to keep proper personal or financial records.

If the Tax Authorities or IRS pierce our corporate veil, deny our tax benefits
or present us with a big tax bill, it can be extremely and unnecessarily
traumatic.

If we don't pay, they file a "Notice of Tax Lien" or "Default" which liens all
our property, real and personal. We attempt to borrow money to pay our bill,
and discover our credit has evaporated overnight since there really is no so-
called privacy!

Our bank account is attached/frozen, no matter how many checks were written
and are outstanding. They will levy all savings and all investments.
Bankruptcy no longer stops them. Our salary and our spouse's salary will be
garnered. They will obtain a writ and seize our safety deposit box, even our
irreplaceable family heirlooms.

They will eventually grab our IRA or other retirement accounts and the cash
surrender value of our life insurance policies. Without notice, our real
property and liquid personal property could be sold with no minimum bid. If
that doesn't pay the bill, they will seek to levy our pensions. When we pass
on, they'll come after our estate!

The elderly, in particular, are beginning to realize that what they once
considered assets are now in fact liabilities, especially when it comes time
to participate in so-called medical and retirement benefits.

What kind of trusts are available?

Beneficial Trusts: In a Beneficial Trust the beneficiaries are specifically
named in the trust document, i.e., "John Doe will receive the sum of $500,000
on his 21st birthday." Whilst beneficial trusts can be of value for asset
protection and perhaps inheritance tax purposes, because there is a
specifically named beneficiary (or several), they are all but useless for tax
planning and privacy purposes as the revenue authorities in the country of
residence of the beneficiary will soon become aware of the "inheritance."

Asset Protection Trusts: Just as the name says, Asset Protection Trusts are
designed to protect assets of all kinds from claims made against them. They
aren't particularly useful in tax avoidance matters, but are ideal for people
whose lifestyle or profession may leave them vulnerable to either legal or
civil claims. For example, these trusts are widely used to avoid malpractice
suits against doctors and surgeons (especially in the USA), to protect
personal and family assets against claims made by wives/ex-partners in
divorce cases, and to protect businesses against the financial consequences
of legal claims.

Discretionary Trusts: As long as a beneficiary is named in a trust document,
or if the beneficiary is clearly also the settlor, Revenue Authorities tend
to "look through" such trust arrangements and regard the beneficiaries as the
owners of the trust assets and income. Thus it is quite feasible that
beneficiaries can be taxed on assets or income which they never own or
receive, simply on the basis that they could be the owner(s)!

To avoid this problem, so-called Discretionary Trusts were established. These
are arrangements where the actual beneficiaries of the trust are at the
absolute discretion of the trustees. No specific beneficiaries are named in
the trust document, and revenue authorities cannot tax any potential
beneficiaries since there is no way of knowing when, or even if, anyone will
benefit from the trust, although tax is (in theory) payable on the receipt of
the proceeds of the trust by a specific beneficiary. But you wouldn't have
any distributions from the trust made over directly to you anyway, would you?
Do so via an offshore account or via an offshore company linked to the trust.
Offshore discretionary trusts are, in our opinion, one of the most valuable
tax avoidance vehicles available.

Do it now! While it remains legal to start an Offshore Trust!

The rich have been using Offshore Trusts for years to shelter their incomes
and other resources. That's how they've managed to pay little or no taxes.
Now it's your turn - and now it's affordable!

Start your trust now: http://offshoretrust.nu/trusts/

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