Destruction of Perpetual Wealth – 40 More Days
by Bobby Casey, Managing Director In 40 days, massive changes occur in regards to estate taxes. For 2012, you can give $5.12M gift tax free to your heirs. If you are married, you can give $10.24M. This threshold equates to the non-taxable portion of your estate when you die. The estate tax is currently set […]
Asset Protection – Dispelling the Myths
Common misconceptions about Asset Protection by Bobby Casey, Managing Director Asset protection can sometimes be a confusing and often misunderstood topic. In today’s newsletter I will attempt to dispel many of the myths surrounding asset protection. An excellent definition of asset protection comes from Investopedia; The concept of and strategies for guarding one’s wealth. Asset […]
Nuts and Bolts of Asset Protection
This week I will take a break from the usual rants about government stupidity and my philosophical discussions about how people should act and the world should look. Instead, we will discuss some nuts and bolts of Asset Protection Planning. For the purpose of discussion, I will share with you a couple recent client (names […]
The Voice of Anarchy
I had a phone conversation with a friend of mine this week, and he gave me one of the nicest compliments a guy could receive. He called me the voice of anarchy. We were discussing the state of affairs in the world today and the worldwide debt crisis that is causing an economic meltdown; or […]
Hey Look! A Chicken…
This week I need to apologize in advance. I am warning you; this article is very disjointed to the point that any high school English teacher would scold me for the lack of flow. Most likely it would earn a solid F on the grading scale. Regardless, I have several things to discuss with you […]
Wealth Fortress Trust
Strangely enough, it seems that QE2 came and went with very little fanfare. Much like the Y2K fear, it seems to have been overblown in the markets with even treasury bonds showing slight gains. The markets have shrugged off bad economic data and with minor glimpses of hope in the housing sector; everyone seems to […]
EscapeWealth Launch
This week I am going to keep this exceptionally short and sweet. I have been busy working on a new, but related business venture. We have partnered with EscapeArtist to now run their asset protection portal – EscapeWealth. I am very excited about this project as it allows us to partner with the world’s leading […]
Asset Protection for the Restaurateur
There must be a lot of concerned restaurateurs out there over the past couple of weeks. I have been fielding lots of emails and calls over the past few days about how to develop an asset protection plan for restaurant owners. This subject is near and dear to my heart because this was the catalyst […]
Offshore Asset Protection Pt 2
In last week’s newsletter titled “Are We Slaves to the State”, I discussed the morality of taxation and a very short window of opportunity to save yourself an enormous amount of money on estate taxes. At the same time you can allow your heirs to opt out of the US tax trap with your estate. […]
Are We Slaves to the State?
It’s that time of year again; the season that everyone loves to hate; tax time. Personally, I don’t completely despise paying taxes as much as I despise the complications of tax reporting and the use of tax dollars. Don’t get me wrong, our current tax system in the US has reached a point where it […]
