Do You Want to Pay Less Taxes?
Are You Concerned About Being Sued?

Then You Should Come to My

Comprehensive Tax Avoidance
and Asset Protection Workshop

This is a highly concentrated one-day crash course on how to combine legal methods of tax avoidance with legal methods of asset protection from predatory plaintiffs. The program is designed for the general public and no prior training or special expertise is required. 

Here's  a summary outline of what you will learn:

  • Basic Principles of Legal Tax Avoidance & Asset Protection
  • Alternative Income Tax Saving Tactics
  • Alternative Capital Gains Tax Saving Tactics
  • Alternative Estate & Gift Tax Saving Tactics
  • Alternative Methods of Asset Protection From Future Litigation
  • Legal Ways to Save Taxes and Protect Your Assets
  • Implementation -- or How To Get It Done
  • Who should attend?

    Any taxpayer with 

  • more than $50,000 in unrealized long term capital gains, or 
  • more than $200,000 of annual salary income or
  • a business with more than $50,000 of annual profits, or
  • more than $1 million of net assets per spouse. 
  • And any U.S. citizen or resident who is concerned about being sued (but is not currently being sued) because of being in a high risk occupation or business.

    Who should not attend?

    Tax experts or international asset protection experts probably won't learn a lot at this program. This is a program for beginners . If you are an expert and want to attend, your participation will be welcome unless you are interrupting the program or are advocating some illegal or highly questionable (risky) concepts. Anyone who is looking for illegal methods of tax evasion or illegal methods of hiding assets from creditors will not learn anything useful at this workshop. 

    If I attend, will my name get on some IRS "hit list"?

    Unless the IRS has some reason to believe that a seminar is promoting illegal methods of tax avoidance, they aren't going to waste their time or money coming to the seminar or workshop. However, our list of attendees will not be made available to anyone unless we are served with a legitimate court order to produce the list. That's extremely unlikely since the program does not discuss any illegal methods of tax avoidance or asset protection. 

    Will I end up paying to listen to a full day sales pitch?

    This workshop is an educational program and the instructors will not be using the time to persuade anyone to use their professional services. In fact, during the implementation part of the program, they will provide you with contact information for people who could be considered competitors. We do not sell any products other than books and newsletters. We will not have any exhibitors or sponsors unless there are over 50 people at a single program; and any exhibitors or sponsors will not be speakers during any part of the main program. 

    Are Continuing Professional Education Credits available?

    We will make a reasonable effort to help any professionals to qualifiy for CPE or CLE by meeting the requirements for CPE/CLE in at least one state.

    What will it cost?

    Most likely, you will save far more in taxes than you will pay to attend this workshop. The fee for this one day program is just $195.00 for non-subscribers or $145.00 for subscribers to our online reports

    If you want to arrange for a private workshop (consultation) in Kansas City, the fee is $1,500. For a private workshop where you live, the fee is $2,500 plus air fare and overnight lodging. 

    When do I have to pay and is the fee refundable?

    You will not be asked to pay until we have a confirmed expression of interest from at least ten people for the same date and location. At that point you will be asked to pay for the program. Refunds (minus a $50 cancellation fee) will be made if there are registrations in excess of the required minimum. If the weather, airline strikes or other events beyond our control cause us to cancel the program, we will refund the entire fee. 

    Will you be providing a comprehensive workbook or manual for this program?

    A printed copy of the detailed program outline will be made available to attendees at no extra cost. Copies will be available for purchase after the program for $25.00 for subscribers who do not attend. For non-subscribers who do not attend, the cost of the outline is $90, which includes a year's subscription to one of our three email newsletters

    If I can't attend the program, can I still get a copy of the workbook or manual?

    The entire program will also be available on our paid subscriber's restricted web site after the first workshop is completed. A lot of the references to further detail will be to articles stored on our subscribers web site or the web sites of our editorial advisors. 

    Is the workshop deductible on my tax return?

    If you have a business reason to attend, the seminar fee and related travel expenses could be deductible, as long as there is some relationship between the seminar and your business. If you are an employee or an investor who does not own any kind of business, the seminar fee and travel costs are probably not deductible. We will include some discussion of this subject in the program. 

    Where will it be held?

    At a hotel near the airport in Kansas City, Missouri. Or -- you can arrange for a private or family workshop in your city. 

    When will it be held?

    Whenever there are a minimum of ten people who are able to attend on the same day in Kansas City, which will usually be on a Saturday. We can also arrange to put on this same program in most other U.S. cities if there are at least 15 people who want to attend in the same location. 

    Or -- 

    • you can have a private "workshop" (consultation) in Kansas City most any time 
    • or a family workshop where you live at a time convenient to you, 
    • or in your city for a presentation to a local organization. 
    Will you talk about offshore subjects at your workshop?

    Yes, but not as a separate topic. Offshore methods of legal tax avoidance and legal asset protection will be integrated into the program rather than being treated as a separate subject. The program will emphasize U.S. and offshore methods of tax avoidance combined with domestic and offshore methods of asset protection. 

    Can I get a discount if I sign up other people for your workshop?

    For each person who attends in excess of the minimum of ten, we will give you one free registration for each three people that you register and for whom you pay the fee. If we don't get at least ten people at the full fee, there is no discount. After that, you get three registrations for the price of two. (In order to give larger discounts, we would have to increase the price of the workshop.)

    What if I want to bring my spouse or children or financial advisors?

    There is a $75 fee for a spouse or child after we pass the minimum of ten full registrations. Discounts for your financial advisors or associates are subject to the 3 for 2 discount mentioned above.

    Who is the instructor?

    The primary instructor and program organizer is Vernon Jacobs, a CPA who is the Editor of the Global Asset Protection newsletter and the co-author of the Offshore Tax Strategies newsletter. Further details about his qualifications are available at http://www.offshorepress.com/jacobs.htm   If there are more than 15 people attending a single program, additional instructors may participate. Most likely, those instructors will be Editorial Advisors for Global Asset Protection

    From time to time, this same program may be presented by one of our editorial advisors in their own city. Information about the advisors is available at http://www.offshorepress.com/experts.htm

    How can I sign up for the program?

    Call toll free at (888) 516-3177 during normal business hours (8:00 am - 17:00 pm), central standard time in the U.S. or send an email to workshop@offshorepress.com with your phone number and when you are most likely to be available (on a Saturday) to attend the workshop. 

    Will I have to stay overnight?

    That depends on where you live and whether you like to travel early and late. Kansas City is a fairly easy airport to get to and from, so if you are within 1,000 miles of Kansas City and live near a city with good airline connections, you should be able to avoid any overnight travel. 

    How or where can I make travel and hotel reservations?

    As soon as there are enough people to conduct a workshop, our travel agent will help you with reservations.

    What if I have some other questions about your workshop?

    Call us toll free at (888) 516-3177 or send an email to workshop@offshorepress.com
     

    Basic Principles of Legal Tax Avoidance & Asset Protection

    An Introduction to Tax Avoidance

    The source of our tax laws
    Worldwide taxation based on citizenship
    Where tax "loopholes" come from
    Tax evasion
    Tax avoidance
    Dealing with the IRS
    How to avoid criminal sanctions
    Marginal tax rates & income shifting
    Tax exemptions and exclusions
    Tax deductions and credits
    Timing and tax deferral issues
    The concept of suitability
    Costs versus benefits
    Anticipating tax traps and pitfalls
    Working with different tax advisors

    An Introduction to Asset Protection

    The litigation epidemic
    Litigation risk exposure index
    Civil forfeitures as a revenue source
    Secrecy versus privacy
    Statutory protection from creditors
    Avoiding fraudulent transfers
    Insolvency Measurement
    Compliance with applicable laws and regulations
    The liability insurance paradox
    The advantages of having assets offshore

     

    Some Alternative Income Tax Saving Tactics

    Avoiding the social security tax
    The great American tax shelter
    Investing in rental property
    Tax free employee benefits
    Employment in a foreign country for more than a year
    Employee stock options
    Tax deferred retirement savings
    Tax deferral with annuity contracts
    Tax avoidance with qualified life insurance contracts
    Tax favored eductation savings and expenses
    Shifting income to dependents or to low income parents
    Establishing a home based business
    Growing a business with deductible dollars 
    Converting a going business to a taxable (C) corporation
    Tax favored export sales
    Converting a very successful C corporation to an S corporation
    Tax deferral with a non-controlled foreign corporation
    Tax deferral with a controlled foreign business
    Put interest and high dividend stocks into a Roth IRA
    Set up roth IRAs for your children and employ them in your business
    Use deductible interest to create capital gains
    An exotic income tax strategy for big hitters
    Expatriation -- the ultimate income tax loophole

     

    Alternative Capital Gains Tax Saving Tactics

    Shift capital gains to children and other heirs
    Reconstruct the real tax cost of your assets
    Defer non-listed capital gains with installment sales
    Defer real estate gains with tax free exchanges
    50% exclusioin for sales of certain small business stock
    Defer or avoid LTC gain with a charitable retirement income trust
    Sell stock in controlled corporation to an ESOP
    Transfer future appreciation assets to heirs with private annuity
    Exchange appreciated assets for stock of insurance company

     

    Alternative Estate & Gift Tax Saving Tactics

    Will the estate tax be repealed?
    The available exemptions and credits
    A double exemption for married couples
    The hidden value of gifting before you die
    Estate conservation with a "defective" trust
    How to reduce the value of your assets
    Bypass the estate tax with life insurance
    Converting your assets to an annuity
    The charitable retirement income trust
    The private inter-family annuity
    Expatriation of cash and liquid assets
    Combination strategies

     

    Alternative Methods of Asset Protection From Future Litigation

    Statutory limits on creditor rights

    The homestead exemption
    Joint tenancy
    ERISA plans
    Partnership assets
    Limited liability company
    Life insurance
    Annuities
    Corporation shareholders
    Irrevocable gifts in trust and direct gifts
     

    Offshore methods of protecting assets

    Expatriation of the assets
    Establishing a conflict of laws and jurisdictions
    Foreign grantor, discretionary trusts
    Foreign non-grantor trusts
    Non-controlled foreign corporations
    Foreign insurance policies
    Foreign annuity policies
    Foreign LLCs
    Foreign foundations
    Equity stripping
    The foreign private annuity

     

    Legal Ways to Save Taxes and Protect Your Assets

    Personal residence
    Family business
    Investment real estate
    Retirement savings
    Commercial annuity
    Private annuity
    Gifts to heirs while living
    Life insurance
    Valuation discounts
    Charitable trust
    Family foundation
    Use multiple methods to minimize risk
    Expatriation to a low tax country
     

    Implementation -- or How To Get It Done

    Hazards of doing it yourself
    Selecting a  legal advisor
    Selecting a tax advisor
    Selecting an investment advisor
    Setting your financial goals and priorities
    Determine how much the benefits are worth to you
    What do you want to do with your "social capital"?
    Selecting a combination of tactics and structures
    Get clear statements of the cost of each structure
    Checking for tax and financial "suitability"
    "Due diligence" on investments or service providers
    Avoiding tax traps and pitfalls
    Avoiding fraudulent transfers of assets
    Selecting a foreign jurisdiction
    Using a foreign trust or LLC protector
    Choosing a foreign bank or trustee
    Choosing an annuity or life insurance company
     

    An Introduction to Tax Avoidance

    The source of our tax laws
     

    • The 16th Amendment to the Constitution in 1913
    • The U.S. House Ways & Means Committee
    • The U.S. Senate Finance Committee
    • Treaties with other countries
    • House and Senate Conference Committee
    • Approval or veto by the President
    • Delegated regulations by the IRS
    • Adminstrative regulations and rulings by the IRS
    • Administration by and Appeals to the IRS
    • Arbitration by the Courts and the Tax Court
    • The courts have held the income tax to be constitutional


    Worldwide taxation based on citizenship
     

    • Definition of a U.S. citizen
    • Definition of a U.S. permanent resident
    • Income tax on our world wide income
    • Estate tax on world wide assets
    • Other countries with a citizenship tax base
    • Most countries tax on permanent residence
    • Tax havens are legal for residents of other countries


    Where tax "loopholes" come from
     

    • All income is taxable except ....
    • Popular political pressure
    • Political supporters/special interest groups
    • Campaign contributors/lobbying
    • Pressure from heads of influential committees
    • Vote bartering by other politicians
    • Legislative oversight or errors


    Tax evasion 
     

    • An intent to evade a tax requires knowledge of the law
    • Usually involves deception and secrecy
    • Evasion often fails because of ignorance of the system
    • There is no statute of limitations on tax evasion
    • Tax professionals cannot help you to evade taxes


    Tax avoidance
     

    • Tax avoidance uses legal exemptions/exclusions/credits
    • Avoidance should be based on the advice of qualified experts
    • Avoidance is based on full disclosure and reporting
    • When taxes are reported there is a 3 year statute of limitations
    • If the expert's advice is followed, there are no criminal charges 


    Dealing with the IRS
     

    • If two agents show up, shut up and get a tax lawyer
    • Don't underestimate them but don't overestimate them either
    • A written inquiry is not an audit. Don't panic.
    • Try to avoid an on-site audit as much as possible.
    • Be responsive but not friendly
    • Do not volunteer any information


    How to avoid criminal sanctions
     

    • Ignorance of the tax law is an excuse from criminal sanctions
    • Rely on and follow the advice of qualified experts 
    • Don't be tempted to engage in secrecy or duplicity
    • Resist bragging to others about your tax exploits or loopholes


    Marginal tax rates & income shifting
     

    • Income taxes are based on a stairstep tax bracket system
    • The highest rate does not apply to all of your taxable income
    • An extra dollar of income is taxed at your highest bracket
    • An extra dollar of deductions saves tax at your highest bracket
    • You can save taxes by shifting income to a lower tax bracket
    • You can save taxes by shifting deductions to a higher bracket
    • Tax credits are not affected by your tax bracket


    Tax exemptions and exclusions
     

    • Some income is exempted from tax -- like interest on municipal bonds
    • Social security benefits are excluded for lower income taxpayers
    • Gifts and inheritances are not treated as income 
    • Loans are not treated as income -- most of the time
    • Some employee benefits are exempt from tax -- like medical expenses
    • Life insurance proceeds are not treated as taxable income
    • Some personal injury awards are exempted from tax
    • Gains from the sale of a residence may be tax exempt


    Tax deductions and credits
     

    • Most people wrongly focus on deductions and credits 
    • A tax deduction reduces your tax based on your top tax bracket
    • A tax credit reduces your tax dollar for dollar
    • Deductions from gross income are better than itemized deductions
    • It doesn't ever pay to spend a $1 to get $1 of tax deductions
    • $1 of tax credits will save only $1 of taxes and usually cost more


    Timing and tax deferral issues
     

    • If you can defer $1 of tax and invest it at 6% for 12 years, you will have $2
    • A $1 of deferred income tax also defers $1 of minimum estimated taxes
    • If you are self employed, income tax deferral also defers social security taxes
    • Do not defer income into a year with a higher tax bracket
    • Do not defer deductions into a year with a lower tax bracket


    The concept of suitability
     

    • Different tax strategies are a lot like different medications
    • Tax benefits are inherently discriminatory and are not useful to everyone
    • Many tax benefits require a deferal of cash income for spending
    • Some tax benefits are limited by marital status, age or even medical condition
    • Tax benefits for employees may not be available to the self employed
    • Estate taxes will not apply to those with a modest estate

    Costs versus benefits
     

    • There are very few tax benefis that are free of some kind of cost
    • Deductions require you to spend money to get a partial tax "rebate"
    • Tax credits rarely equal what you have to spend to qualify for them
    • Home ownership may involve more risk and work than renting
    • A business consumes a lot of time and usually costs money at first


    Anticipating tax traps and pitfalls
     

    • There are hundreds of former tax loopholes that are now tax traps for the unwary
    • Low or zero interest loans can result in implied income to the lendor
    • Business deductions and credits are no longer available to passive investors
    • A corporation can't be used to only accumulate investment income 
    • A grantor/settlor of a foreign trust is usually subject to tax on the income of the trust
    • The shareholders of some foreign corporations are taxed on it's income
    • Foundations are no longer a way to avoid taxes and to continue to control the money


    Working with different tax advisors
     

    • Tax lawyers are usually the best tax planning advisors
    • Look for a specialist to help you with different part of your plan
    • Tax accountants are usually the most conservative advisors
    • Financial planners are often the most creative advisors
    • Don't expect any advisor to be an expert on every part of the tax law
    • Be very cautious about any tax advisor who gets paid when you buy something
    • It's usually better to have more than one opinion
     


    An Introduction to Asset Protection

    The Litigation Epidemic
     

    • 600,000 hungry lawyers
    • ???? of lawsuits filed each year
    • Contingent fees
    • Punitive damages
    • Contributory negligence
    • Joint and several liability
    • Symphathetic juries and judges
    • Civil Rights Act
    • ADA
    • OSHA
    • SuperFund Act
    • Privacy2000
    • The Lawsuit Lottery
    • http://www.offshorepress.com/exposure.htm
    • The Death of Common Sense
    • Lawsuit Magazine
    • National Law Journal 
    • Lawyers Weekly USA


    Litigation risk exposure index
     

    • Jeffrey Verdon's rating system
    • Employers
    • Business owner/manager
    • Professional
    • Corporate Board Member
    • Real property owner
    • Auto, plane or boat owner
    • Parent of drivers or substance abuser
    • Author/public speaker

    Civil forfeitures as a revenue source
     

    Secrecy versus privacy
     

    • John E. Sullivan - A.P.J. - 2/2000
    • OTS _____________
    • Assets leave tracks
    • Asset search specialists
    • Forensic accountants (auditors)
    • Public records
    • Tax returns and financial statements
    • Pre-trial discovery of financial data
    • Interregation of relatives, co-workers, friends
    • Inability to keep from bragging to someone


    Statutory protection from creditors
     

    • Bankruptcy exemptions
    • Joint tenancy
    • Uniform Partnership Act
    • Limited Liability Company
    • Fraudulent transfer acts


    Avoiding fraudulent transfers
     

    • Intent to hinder, delay or defraud
    • Not usually a criminal form of fraud
    • Badges of fraud (no proof of intent)
    • A transfer of property to another
    • Lack of adequate consideration
    • Inadequate capital (assets or income)
    • Involves deception or secrecy


    Insolvency Measurement
     

    • Value assets at current market value
    • Include income available to pay debts
    • Exclude any protected assets
    • Deduct actual debts 
    • Deduct contingent debts


    Compliance with applicable laws and regulations
     

    • Tax neutral asset protection (no evasion or secrecy)
    • Preparation of required disclosures and tax forms (1040B-III)
    • Foreign entity reports (F926, F3520, F8865, F5471, F8621)
    • Disclosure of foreign financial accounts (TDF 90.22.1)
    • Avoiding transfers while insolvent


    The liability insurance paradox
     

    • High levels of insurance may be a magnet for lawsuits
    • Insurance company may press you to settle
    • Implication of guilt even when not responsible
    • Insurer may utilize post-claim underwriting
    • Insurer may not be able to pay a very large claim
    • 40 bad faith tactics of insurance companies


    The advantages of having assets offshore
     

    • Privacy from transparent U.S. financial system
    • Not accessible for most asset forfeitures
    • Custodian not subject to U.S. court orders
    • No contingent fee cases
    • Financial burden on plaintiff or attorney
    • May be unable to secure local counsel
    • Less generous fraudulent transfer rules
     

    Some Alternative Income Tax Saving Tactics

    Avoiding the Social Security Tax
     

    • Future benefits very unlikely to be a good "investment"
    • Self employment tax is 15.3% plus the income tax
    • FICA tax on corporation owner is 15.3%
    • Defer or avoid earned income
    • Employer paid retirement savings except 401k & SEP
    • S corporation and LLC/FLP income
    • Income in excess of annual limit
    • Rental income if not your business
    • Capital gains and investment income


    The great American tax shelter
     

    • Tax free gain on sale of residence after two years
    • Itemized deduction for interest on home loans
    • Deduction for real estate taxes
    • Deduction for home office expenses
    • No tax on imputed income from equity in home
    • Same rules apply for foreign residence
    • Step-up in tax cost (basis) at time of death


    Investing in rental property
     

    • Deduct interest on loan, depreciation and expenses
    • Deduction for loss up to $25,000 per year
    • Potential for capital gain on sale
    • Can defer gain with installment sale
    • Can convert to other realty with tax free exchange
    • No depreciation recapture on residential property
    • Limited tax on sale of depreciated commercial property
    • Same rules apply for foreign real estate
    • Step-up in tax cost (basis) at time of death


    Tax free employee benefits
     

    • Non taxable versus itemized deductions
    • Medical and dental expenses bypass 7.5% exclusion
    • Qualified education expenses
    • Employee moving expenses
    • Child care expenses
    • Prepaid legal expenses
    • Retirement savings 
    • Employer cafeteria plan
    • Deductions may be limited or unavailable for the self employed


    Employment in a foreign country for more than a year
     

    • IRC 911 earned income exemption up to $76,000 year
    • To be increased to $80,000 in 2002
    • Available for the self employed or owners of corporations
    • Can use exemption for employed spouse or children
    • Requires actual residence offshore for more than a year
    • Can qualify even in a low tax or zero tax country
    • Requires tax form 2555


    Employee stock options
     

    • Qualified (statutory) options offer capital gains treatment
    • Must hold stock for two years after exercise
    • Can deduct interest on loans from other investment income
    • Non-qualified options are fully taxable at time of exercise


    Tax deferred retirement savings
     

    • May save FICA tax for employer and employee
    • No FICA tax break for 401k or SEP
    • Does not avoid S.E. tax for self employed
    • Defers income tax for employee/self employed
    • 10% penalty tax for early (pre-59.5) distributions
    • Exceptions are available for the 10% penalty tax
    • Minimum distributions required after age 70.5
    • Deferred income tax is not avoided at death
    • Retirement trust can be an offshore trust


    Tax deferral with annuity contracts
     

    • Deferral of tax on income earned by invested assets until fully distributed
    • Variable annuity permits selection of investment categories
    • Tax deferred exchange of appreciated assets for private annuity only
    • Income tax on any withdrawals to extent of accumulated deferred income
    • Can minimize tax with life income annuity payments to owner
    • 10% penalty tax on distributions before age 59.5
    • Untaxed income is subject to income tax at death of owner
    • Special rules for fixed return annuity contracts from foreign insurers


    Tax avoidance with qualified life insurance contracts
     

    • "Qualified" means more than 7 equal annual premium payments (non-MEC)
    • No income tax on accumulation in the contract
    • Owner can borrow from cash value of contract free of tax
    • Policy proceeds are not subject to income tax by beneficiary
    • Face value is included in estate of insured if he/she is the owner of the policy
    • Proceeds are excluded from estate tax if owned by beneficaries
    • Life insuance trust or a partnership can be the owner of the policy
    • Variable life policy offers substantial investment discretion by owner
    • Policy can be issued by a foreign insurance company


    Use deductible interest to create capital gains
     

    • The investment interest deduction
    • Limitations based on annual investment income
    • Carryover for unused deductions
    • Positive versus negative leverage
    • Converting ordinary income into capital gains

    Tax favored eductation savings and expenses
     


    Shifting income to dependents or to low income parents
     

    • Can employ dependent children in family business -- with reasonable pay
    • Exempt from FICA tax for minor child of self employed parent
    • May use any compensation to establish a regular or Roth IRA for the child
    • Must transfer unrestricted ownership (present interest) of income producing asset
    • May shift income from parent at minimum 15% + 15.3% + SIT to zero tax
    • Child is eligible for personal exemption for earned income
    • Child under age of 14 is taxed on investment income above $1,200
    • Parent must be a fiduciary of child's income
    • Child's income may not be used for parental obligations


    Establishing a home based business
     

    • Non-itemized deduction for home office expenses and depreciation
    • Real estate taxes and interest should be allocated to Shcdule C
    • A portion of insurance and utilities may also be deducted
    • Current home office deduction limited to net profits from business
    • Permits a deduction for office equipment and supplies
    • Can convert some miscellaneous itemized deductions to Sch. C
    • Must have a bone fide profit motive or make a profit in 3 of every 5 years
    • Home office not eligible for exemption on sale of residence


    Put interest and high dividend stocks into a Roth IRA
     
     

    Use a foreign annuity to buy income producing investments
     

    Growing a business with deductible dollars
     

    • Most customer acquisition (marketing) costs are deductible
    • Present value of a customer is the maximum that should be "invested"
    • In an active (non-passive) business, loss deductions can offset other income
    • Direct response marketing is a highly measurable form of marketing
    • During loss years, business should be a pass-through for tax purposes


    Converting a going business to a taxable (C) corporation
     

    • Business can be converted into a taxable corporaton after it's established
    • Taxpayer must own 80% of corporate shares after "conversion" for tax free treatment
    • Profits up to $25,000 year can accumulate at a minimum 15% FIT rate 
    • No FICA/SE tax on undistributed corporate profits
    • Taxable corporation shares can be sold for capital gain treatment


    Tax favored export sales

    • Former Domestic Sales Corp. tax break has been repealed
    • New legislation provides for exclusion of qualified fforeign source income

    Converting a very successful C corporation to an S corporation
     

    Tax Deferral with a Non-controlled Foreign Corporation
     

    Tax Deferral with a Controlled Foreign Business


     

    An exotic income tax strategy for big hitters
     

    Expatriation -- the ultimate income tax loophole
     

     

    Alternative Capital Gains Tax Saving Tactics



    Shift Capital Gains To Children And Other Heirs
     
     

    Reconstruct The Real Tax Cost Of Your Assets
     

    Defer Non-Listed Capital Gains With Installment Sales
     

    Defer Real Estate Gains With Tax Free Exchanges
     

    50% Exclusion For Sales Of Certain Small Business Stock
     

    Defer Or Avoid LTC Gain With A Charitable Retirement Income Trust
     

    Sell Stock In Controlled Corporation To An ESOP
     

    Transfer Future Appreciation Assets To Heirs With Private Annuity
     

    Exchange Appreciated Assets For Stock Of Insurance Company
     

    Alternative Estate & Gift Tax Saving Tactics

    Will The Estate Tax Be Repealed?
     

    The Available Exemptions And Credits
     

    • Unified Credit of $675,000
    • Scheduled to increase to $1 million
    • Annual gift tax exemption
    • Gifts for medical expenses
    • Transfers to a spouse - living or surviving


    A Double Exemption For Married Couples
     
     

    The Hidden Value Of Gifting Before You Die
     

    • Estate tax is based on the gross estate - before tax
    • Gift tax is based on the net estate - after tax
    • Transfer of future income and appreciation
    • Offers more time for planning to avoid capital gains tax


    Estate Conservation With A "Defective" Trust
     
     

    How To Reduce The Value Of Your Assets
     

    • Family owned farm or business
    • Family limited partnership
    • Limited liability company
    • GRITS and GRATS
    • Real estate easements
    • Flower bonds


    Bypass The Estate Tax With Life Insurance
     

    Converting Your Assets To An Annuity
     

    The Charitable Retirement Income Trust
     

    The Private Inter-Family Annuity
     

    Expatriation Of Cash And Liquid Assets
     

    Combination Strategies
     

    Alternative Methods of Asset Protection From Future Litigation :

    Statutory Limits on Creditor Rights

    The Homestead Exemption
     
     

    Joint Tenancy
     
     

    ERISA Plans
     
     

    Partnership Assets
     
     

    Limited Liability Company
     
     

    Life Insurance
     
     

    Annuities
     
     

    Corporation Shareholders
     
     

    Irrevocable Gifts In Trust And Direct Gifts
     
     

    Offshore Methods of Protecting Assets

    Expatriation Of The Assets
     
     

    Establishing A Conflict Of Laws And Jurisdictions
     
     

    Foreign Grantor, Discretionary Trusts
     
     

    Foreign Non-Grantor Trusts
     
     

    Non-Controlled Foreign Corporations
     
     

    Foreign Insurance Policies
     
     

    Foreign Annuity Policies
     
     

    Foreign Llcs
     
     

    Foreign Foundations
     
     

    Equity Stripping
     
     

    The Foreign Private Annuity
     

    Legal Ways to Save Taxes and Protect Your Assets

    Personal Residence
     
     

    Family Business
     
     

    Investment Real Estate
     
     

    Retirement Savings
     
     

    Commercial Annuity
     
     

    Private Annuity
     
     

    Gifts To Heirs While Living
     
     

    Life Insurance
     
     

    Valuation Discounts
     
     

    Charitable Trust
     
     

    Family Foundation
     
     

    Use Multiple Methods To Minimize Risk
     
     

    Expatriation To A Low Tax Country
     
     
     
     

    Implementation -- or How To Get It Done

    Selecting A  Legal Advisor
     
     

    Selecting A Tax Advisor
     
     

    Selecting An Investment Advisor
     
     

    Setting Your Financial Goals And Priorities
     
     

    Determine How Much The Benefits Are Worth To You
     
     

    What Do You Want To Do With Your "Social Capital"?
     
     

    Selecting A Combination Of Tactics And Structures
     
     

    Get Clear Statements Of The Cost Of Each Structure
     
     

    Checking For Tax And Financial "Suitability"
     
     

    "Due Diligence" On Investments Or Service Providers
     
     

    Avoiding Tax Traps And Pitfalls
     
     

    Avoiding Fraudulent Transfers Of Assets
     
     

    Selecting A Foreign Jurisdiction
     
     

    Using A Foreign Trust Or LLC Protector
     
     

    Choosing A Foreign Bank Or Trustee
     
     

    Choosing An Annuity Or Life Insurance Company