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How A 28-Year-Old Financial Trap Is Exploding Now
By David Reavill · 1 year ago
Our story began nearly 28 years ago, on January 11, 1995. That was the day that Robert Rubin was sworn in as the 70th United States Secretary of Treasury, the day the transformation of the ...
THE TWIN TOWERS OF BABEL ARE COMING DOWN: EQUITIES AND BONDS
By Darryl Robert Schoon · 1 year ago
When leveraged debt is money, what’s to worry?
For three hundred years, the banker’s ponzi-scheme of debt-based money brought wealth to the bankers and power to governments. Nothing lasts forever, however. In 2023, the dangers ...
Working Capital Loans: Everything you Need to Know
By Rodney Wood · 1 year ago
Working Capital Loans
These loans are best used by seasonal businesses and business owners who need a temporary cash boost to stay afloat. The most common working capital loans are term loans, lines of credit, ...
INDEXED UNIVERSAL LIFE INSURANCE (IUL) ADAPTS TO INFLATION AND HIGH INTEREST RATES
By Thomas Swenson · 1 year ago
High Interest Rates Increase Market-Linked Growth of Cash-Value Life Insurance
High bond interest rates accompanying currently high inflation enable increased growth of cash value in indexed universal life insurance (IUL) policies. This can provide peace ...
TAX-FREE STRATEGIES IN AN UNCERTAIN ECONOMY
By Thomas Swenson · 1 year ago
Problems ahead in 2023: Markets down. Recession deep. Taxes up.
Solutions: (1) Irrevocable life insurance trust (eliminate all taxes legally forever); (2) Leveraged long-term care (LTC) insurance; (3) 401(h) health expense account: tax trifecta – ...
GRANTOR ACCESS TO IRREVOCABLE TRUSTS -- EASE THE STRESS OF COMPLETED GIFTS
By Thomas Swenson · 1 year ago
For the moderately wealthy, giving up Control (and Access) is a barrier in deciding to make irrevocable trusts. Techniques for grantor access to trust assets make the decision easier.
Irrevocable trusts famously provide many benefits ...
CASH BALANCE PLUS PLAN
By Thomas Swenson · 1 year ago
Tax-Deferred Savings of $200K to $500K Annually for Business Owners, with Minimal Employee Costs
Using a defined-benefit cash balance plan, solo and small business owners, professionals and profitable entrepreneurs can readily save three to ten ...
Tax-Free Income Making More Sense in Global Financial Crisis
By Thomas Swenson · 1 year ago
Will tax rates be going up? What happens to retirement income when taxes increase?
Currently, income tax and capital gains tax rates are at historically low levels.
The US government debt is now $31+ trillion, ...
Dynasty Trusts Guard Personal Autonomy in Hierarchic Society
By Thomas Swenson · 1 year ago
A dynasty trust enables a degree of personal autonomy that is otherwise hard to achieve in a global economy characterized by punitive tax rates, job concentration in hierarchic corporations and public-sector agencies, and increasingly precarious ...
Investing In Yourself Before Investing in the Market
By Lori W Loper · 1 year ago
Table of Contents
1. He Said What?
a. The Con Was Revealed
b. He Owned What??
2. Divorce Equals Freedom
a. Freedom Comes with a Price
b. Credit Cards Equals Debt
3. A Plan is ...
Captive Insurance Company, CIC -- Reduce Taxes and Build Wealth
By Thomas Swenson · 1 year ago
Captive Insurance Company - Reduce Taxes and Build Wealth
Summary: For a business owner paying taxes in the United States, a captive insurance company saves taxes, builds wealth and improves insurance protection. A captive insurance ...
What Options Are Available to Settle Bank and Credit Card Debt Fast?
By Settlebankdebt · 1 year ago
If you’re having trouble paying off your credit card bills, you should consider the options available to settle bank and credit card debt fast. One option is to negotiate a debt settlement for less than ...
What is an RESP?
By Reti Red · 1 year ago
What is an RESP account?
An RESP stands for a Registered Education Savings Plan. This account is used to save for a child’s post secondary education. Government contributions are made through the Canada Education Savings ...
Private Placement Life Insurance, PPLI
By Thomas Swenson · 1 year ago
Private placement life insurance (PPLI) is an underutilized, but potentially versatile and highly efficient investment vehicle. It is useful not only for wealthy families. An individual or family having a net worth of only $1 ...
Lifetime Income -- Build Your Own Pension
By Thomas Swenson · 1 year ago
Build Your Own “Pension Plan” with a Guaranteed Lifetime Annuity
At the age of 65, an individual can expect to live about 25 years in retirement (a bit longer if married).
Annuities generally provide at ...
Eliminate Taxes Forever using an Irrevocable Life Insurance Trust
By Thomas Swenson, J.d. · 1 year ago
An irrevocable life insurance trust (ILIT) is simply an irrevocable trust that owns a life insurance policy. A dynasty trust, also known as a GST, legacy or perpetual trust, is a flexible irrevocable trust that ...
Tax-Free Income
By Thomas Swenson, Jd · 1 year ago
Tax-Free Income through Life Insurance. Really?
Initially, it might not seem to make much sense, but modern cash-value life insurance can be designed to produce tax-free income in the form of loans from the life ...
December Bragging
By Dr. Richard Baker · 1 year ago
December Bragging
“It ain’t bragging if you can back it up.” Dizzy Dean is one of the greatest baseball players in Major League Baseball history. He said this famous quote before the 1934 season about ...
Buying property in the USA — Tips for buyers from abroad
By Julia Davis · 1 year ago
Buying your own property, whether as a vacation property, investment or family home, is an exciting business - especially abroad.
This article addresses common questions and uncertainties about financing and the buying process as well ...
Small Business Cash Advance Loans - Fast and Easy
By Rodney Wood · 1 year ago
Current Business Environment Makes Running a Business These Days More Challenging than Ever
In today's world, running a small to mid-sized business, or any business for that matter, can be challenging. Oftentimes business owners may ...