Free-Reprint Article Written by: Rocco Beatrice See Terms of Reprint Below.
***************************************************************** * * This email is being delivered directly to members of the group: * * [email protected] * ***************************************************************** We have moved our TERMS OF REPRINT to the end of the article. Be certain to read our TERMS OF REPRINT and honor our TERMS OF REPRINT when you use this article. Thank you. This article has been distributed by: http://Article-Distribution.com Helpful Link: The Digital Millennium Copyright Act - Overview http://www.gseis.ucla.edu/iclp/dmca1.htm --------------------------------------------------------------------- Article Title: ============== How to Hide Assets Article Description: ==================== How to hide your assets by repositioning your assets through an irrevocable trust with an independent trustee. Additional Article Information: =============================== 507 Words; formatted to 65 Characters per Line Distribution Date and Time: 2007-01-19 10:12:00 Written By: Rocco Beatrice Copyright: 2007 Contact Email: mailto:[EMAIL PROTECTED] Rocco Beatrice's Picture URL: http://www.ultratrust.com/images/rocco_100.gif For more free-reprint articles by Rocco Beatrice, please visit: http://thePhantomWriters.com/free_content/d/index.shtml#Rocco_Beatrice ============================================= Special Notice For Publishers and Webmasters: ============================================= If you use this article on your website or in your ezine, We Want To Know About It. Use the following URL to let us know where you have used this article, and we will include a link to your website on thePhantomWriters.com: http://thephantomwriters.com/notify.php?id=4240&p=load HTML Copy-and-Paste and TEXT Copy-and-Paste Versions Of Article Are Available at: http://thePhantomWriters.com/free_content/db/b/how-to-hide-assets.shtml#get_code --------------------------------------------------------------------- How to Hide Assets Copyright (c) 2007 Rocco Beatrice Estate Street Patners, LLC http://www.UltraTrust.com In social functions, I always get asked about the new How to hide assets? From who are you trying to hide your assets from? Is there a legitimate way to hide your assets? You will know if you have succeeded in hiding your assets if an asset search by an extremely interested party does not reveal your identity. In a post 9/11, it's not possible. Everything has become more transparent with the passage of government banking acts. Interested parties have a way of finding the true owner for the right price. The Internet is running on high steroids. Anything you do is public knowledge. However, the original owner and its present owner can legally be changed without having to go offshore. Legitimate repositioning of assets from you to an irrevocable trust is perfectly legal. The fact is, if your assets are owned by a subchapter S. Corporation or a Limited Liability Company and in turn the shares of the Sub S or membership units of the LLC are owned by an irrevocable trust, it's the fortress of US Asset Protection. Hide Your Assets with Irrevocable Trusts How to hide your assets is a simple as the repositioning your assets through an irrevocable trust with a true independent trustee. The key to the transfer is the exchange of equal value in return for the asset, or the receipt of a fair market value for the asset transferred. If you reposition your assets, you will no longer own them. If you don't own assets, no one will want to sue you; no one will want to track you; no one will want to know your name. You don't have to go offshore. US Laws, US courts will defend and support your asset protection system. Give Up Control of Your Assets to an Independent Trustee These laws have been defined by numerous court cases, over and over, right up to the Supreme Court. You must however, give-up control over your assets to a true independent trustee. Your asset protection system is enhanced when a Limited Liability Company further re-defines your asset protection system. How the LLC Can Help Protect Your Assets? The LLC is nothing new, but (until recently) states refused to legislate its existence. The LLC resembles the German GmbH the French SARL and the South American Limitada forms of doing business. The LLC allow small groups of individuals to enjoy limited personal liability while operating under partnership-type rules (rather than the complex rules that apply to corporate-type structures). The LLC is recognized by the IRS as a "pass-through type" of disregarded tax entity. That is, the profits or losses of the LLC pass through the business and are reflected and taxed on the individual' member's tax returns of the owners, rather than being reported and taxed at a separate business level. Other pass-through entities include general and limited partnerships, sole proprietorships and "S" corporations. The IRS now lets an LLC elect corporate tax treatment if it wants it by filing IRS Form 8832. Consult with your tax advisor. --------------------------------------------------------------------- Rocco Beatrice, CPA, MST, MBA, Award-winning trust & estate-planning expert 71 Commercial Street #150 Boston, MA 02109 tel: 508.429.0011 fax: 508.429.3034 Sign up for a FREE newsletter & learn how you can reduce your taxes, protect your assets & secure your privacy. Free consultation. No Obligation, no risk, no sales pressure. Click here: http://www.UltraTrust.com http://www.UltraTrust.com/hide-my-assets-medicare.html --- END ARTICLE --- Get HTML or TEXT Copy-and-Paste Versions Of This Article at: http://thePhantomWriters.com/free_content/db/b/how-to-hide-assets.shtml#get_code ..................................... TERMS OF REPRINT - Publication Rules (Last Updated: May 11, 2006) Our TERMS OF REPRINT are fully enforcable under the terms of: The Digital Millennium Copyright Act http://thomas.loc.gov/cgi-bin/query/z?c105:H.R.2281.ENR: ..................................... *** Digital Reprint Rights *** * If you publish this article in a website/forum/blog, You Must Set All URL's or Mailto Addresses in the body of the article AND in the Author's Resource Box as Hyperlinks (clickable links). * Links must remain in the form that we published them. Clean links should point to the Author's links without redirects having been inserted into the copy. * You are not allowed to Change or Delete any Words or Links in the Article or Resource Box. Paragraph breaks must be retained with articles. You can change where the paragraph breaks fall, but you cannot eliminate all paragraph breaks as some have chosen to do. * Email Distribution of this article Must be done through Opt-in Email Only. No Unsolicited Commercial Email. * You Are Allowed to format the layout of the article for proper display of the article in your website or in your ezine, so long as you can maintain the author's interests within the article. * You may not use sentences from this article as an input for any software that steals sentences from others in order to build an article with software. The copyright on this article applies to the "WHOLE" article. *** Author Notification *** We ask that you notify the author of publication of his or her work. Rocco Beatrice can be reached at: [EMAIL PROTECTED] *** Print Publication Reprint Rights *** If you desire to publish this article in a PRINT publication, you must contact the author directly for Print Permission at: mailto:[EMAIL PROTECTED] ..................................... If you need help converting this text article for proper hyperlinked placement in your webpage, please use this free tool: http://thephantomwriters.com/link-builder.pl ===================================================================== ABOUT THIS ARTICLE SUBMISSION http://thePhantomWriters.com is a paid article distribution service. thePhantomWriters.com and Article-Distribution.com are owned and operated by Bill Platt of Stillwater, Oklahoma USA. The content of this article is solely the property and opinion of its author, Rocco Beatrice http://www.UltraTrust.com --------------------------------------------------------------------- XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX ---------------------------------------------------------------------
