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Answer Upon - Civil Lawsuits: Are They a Way of Life?
An S corporation is a type of corporation that the IRS recognizes. S corporations follow taxation rules that differ from those that regular corporations follow. A main difference is that S corporations are exempt from double taxation. This is because the owner declares the income a corporation receives in individual tax returns. Corporations are not subjected to taxation of the income. The taxation rules follow those of sole proprietorship and partnership businesses. However, they enjoy the limited liability (protection) corporations receive.To apply for an S corporation status, you need to incorporate your business. To do this, you need to file formal paperwork called the “articles of incorporation” and pay the appropriate fees. Once you have done the necessary steps to incorporate, you will be able to apply for an S corporation tax status. You do so with the IRS by filling out the necessary forms in your state
So, how can you make yourself Judgment Proof?
OFFSHORE CORPORATIONS & PRIVATE INTEREST FOUNDATIONS
Domestic Corporations: Owning a corporation set up in your own country may provide a little protection. However, a domestic corporation can be sued as well. In addition, your shares in a corporation are assets in which a judgment creditor can seize. So-called "Limited Liability" corporations, companies, and partnerships don't really offer you bulletproof limited liability.
OFFSHORE CORPORATIONS: A better solution is to set up a corporation outside of your country (offshore). An Offshore Corporation can own real estate and vehicles in your country. For even better protection, set
You receive them in the mail, see them on store counters, or they are handed to your at organizational meetings. Can you think of the name of your most popular print newsletter? What do you think makes the title stick to your mind? Does it rhyme? Do the letters formulate a word? Is a phrase or logo attached to it?When making decisions about the appropriate name for your newsletter, always keep in mind the image you want to project to your reader. How do you want them to remember you, your organization, product or service? Your newsletter’s name should communicate that thought.There are several helpful ways to select a name for your newsletter.“Mind Mapping”-- Get input from others you trust. With a group of family or friends, practice “tossing ideas”. Make sure everyone understands the target objectives (description) of your newsletter content. You may want to write this information on
Lawsuits are becoming a worldwide menace. Everyone should be afraid of lawsuits. You might think, "I'll never be sued".
How wrong you are!
It's so easy being sued now days. Why?
Direct & Indirect Liability
We all know that we can be sued for direct involvement with an accident or by negligence.
You can also be indirectly involved with a lawsuit. Joint & Several Liability is a legal concept used globally to drag innocent bystanders into lawsuits.
Here's how. Theft, Fraud, or Personal Injuries caused by your Spouse, Business Partners, or Employees can make you liable.
You can be sued and become "jointly and severally" liable for an injury to someone without having been personally negligent. All that is necessary is that you were connected in some way. If you are dragged into a lawsuit and the other defendants are without assets or insurance, you may end up being held liable for the full amount of the judgment!
WHAT ABOUT INSURANCE?
Many lawyers recommend you purchase at least $1 Million insurance for each of your businesses, homes, land, cars, motorcycles, and boats you own.
This will cost you $ thousands in premiums every year depending on how large a deductible (which you'll pay to the plaintiff) you are willing to afford.
Is that enough?
$ MILLIONS CAN BE AT STAKE
Here are some recent civil court judgments from the United States:
$84.5 million for children drowned and brain damaged in a swimming pool.
$7 million to a laborer who lost a limb at work on a construction job.
$5.87 million for sponsoring a party where a guest later caused an auto accident.
$2.7 million for spilling some hot coffee on the legs while driving.
In addition to the court award, you must pay $ Thousands to your defense attorney! You will also endure a lot of wasted time defending yourself and your reputation. Let's not even get into the physical & psychological Stress.
Not Just in the USA: Citizens of Canada, Europe, Russia, Central & South America, and even communist China are being sued for similar injuries.
HOW CAN YOU PROTECT YOURSELF?
The best solution is to strip you of all assets and become what is known as "judgment proof" amongst the personal injury trial lawyers around the world.
Most lawyers charge their clients no direct fee for filing a personal injury lawsuit. This is known as a "contingent" fee. It means that the lawyer will collect no fee unless he wins the lawsuit and can collect the court awarded judgment amount.
Before a lawsuit is filed, a careful lawyer will research the defendant's ability to pay a court judgment. If the defendant is "judgment proof", (he has no insurance, no ownership of assets that can be seized to pay off a court judgment) the lawyer will not want to sue that defendant. That's because the lawyer will spend all of his time and money pursuing a lawsuit with no hope of ever being paid.
So, how can you make yourself Judgment Proof?
OFFSHORE CORPORATIONS & PRIVATE INTEREST FOUNDATIONS
Domestic Corporations: Owning a corporation set up in your own country may provide a little protection. However, a domestic corporation can be sued as well. In addition, your shares in a corporation are assets in which a judgment creditor can seize. So-called "Limited Liability" corporations, companies, and partnerships don't really offer you bulletproof limited liability.
OFFSHORE CORPORATIONS: A better solution is to set up a corporation outside of your country (offshore). An Offshore Corporation can own real estate and vehicles in your country. For even better protection, set
So how do you make extra money without working in a regular wage job. Sure if you save X dollars per hour in 4 weeks if you do not spend much you will have X times 4 dollars (weeks worth).But how would you like to make much more than that. More than that without getting into things that are bad for you. Well here is how you do it:Find something you like to do and help a neighbor, one that your parents know. Then do a really good job and get a referral or a phone number. Ask them if they know someone who needs the same work done. I mean do you really want to depend on your parents for that new bike or remote controlled airplane or new video game that you want. Can you really rely on them?So what do you like to do?Well let's see you could go to Home Depot, or any supply store and buy a weed-eater for $60 and "go to town." Maybe you could even get a hoe and plant rows of seeds for some old lady
WHAT ABOUT INSURANCE?
Many lawyers recommend you purchase at least $1 Million insurance for each of your businesses, homes, land, cars, motorcycles, and boats you own.
This will cost you $ thousands in premiums every year depending on how large a deductible (which you'll pay to the plaintiff) you are willing to afford.
Is that enough?
$ MILLIONS CAN BE AT STAKE
Here are some recent civil court judgments from the United States:
$84.5 million for children drowned and brain damaged in a swimming pool.
$7 million to a laborer who lost a limb at work on a construction job.
$5.87 million for sponsoring a party where a guest later caused an auto accident.
$2.7 million for spilling some hot coffee on the legs while driving.
In addition to the court award, you must pay $ Thousands to your defense attorney! You will also endure a lot of wasted time defending yourself and your reputation. Let's not even get into the physical & psychological Stress.
Not Just in the USA: Citizens of Canada, Europe, Russia, Central & South America, and even communist China are being sued for similar injuries.
HOW CAN YOU PROTECT YOURSELF?
The best solution is to strip you of all assets and become what is known as "judgment proof" amongst the personal injury trial lawyers around the world.
Most lawyers charge their clients no direct fee for filing a personal injury lawsuit. This is known as a "contingent" fee. It means that the lawyer will collect no fee unless he wins the lawsuit and can collect the court awarded judgment amount.
Before a lawsuit is filed, a careful lawyer will research the defendant's ability to pay a court judgment. If the defendant is "judgment proof", (he has no insurance, no ownership of assets that can be seized to pay off a court judgment) the lawyer will not want to sue that defendant. That's because the lawyer will spend all of his time and money pursuing a lawsuit with no hope of ever being paid.
So, how can you make yourself Judgment Proof?
OFFSHORE CORPORATIONS & PRIVATE INTEREST FOUNDATIONS
Domestic Corporations: Owning a corporation set up in your own country may provide a little protection. However, a domestic corporation can be sued as well. In addition, your shares in a corporation are assets in which a judgment creditor can seize. So-called "Limited Liability" corporations, companies, and partnerships don't really offer you bulletproof limited liability.
OFFSHORE CORPORATIONS: A better solution is to set up a corporation outside of your country (offshore). An Offshore Corporation can own real estate and vehicles in your country. For even better protection, set
The Internet is a very useful tool for job seekers as it is a great source of information. Also, taking into account of a more wired world, getting online has never been easier. People can cost-effectively get Internet access in public libraries at broadband speeds. But with the fear of information overload, many job seekers do not fully utilize the many advantages of the Internet. This is never a good development.Here are some tips for job seekers:Viewing Corporate WebsitesBefore going for an interview, it is recommended to view the company’s corporate mission statement and goals. This information is readily provided in the company’s corporate website and should also be free of charge.Industry InformationIf you are interested in understanding the employment viability of a particular industry, you can use the search engine to get online information. You will be instantly directed to o
$7 million to a laborer who lost a limb at work on a construction job.
$5.87 million for sponsoring a party where a guest later caused an auto accident.
$2.7 million for spilling some hot coffee on the legs while driving.
In addition to the court award, you must pay $ Thousands to your defense attorney! You will also endure a lot of wasted time defending yourself and your reputation. Let's not even get into the physical & psychological Stress.
Not Just in the USA: Citizens of Canada, Europe, Russia, Central & South America, and even communist China are being sued for similar injuries.
HOW CAN YOU PROTECT YOURSELF?
The best solution is to strip you of all assets and become what is known as "judgment proof" amongst the personal injury trial lawyers around the world.
Most lawyers charge their clients no direct fee for filing a personal injury lawsuit. This is known as a "contingent" fee. It means that the lawyer will collect no fee unless he wins the lawsuit and can collect the court awarded judgment amount.
Before a lawsuit is filed, a careful lawyer will research the defendant's ability to pay a court judgment. If the defendant is "judgment proof", (he has no insurance, no ownership of assets that can be seized to pay off a court judgment) the lawyer will not want to sue that defendant. That's because the lawyer will spend all of his time and money pursuing a lawsuit with no hope of ever being paid.
So, how can you make yourself Judgment Proof?
OFFSHORE CORPORATIONS & PRIVATE INTEREST FOUNDATIONS
Domestic Corporations: Owning a corporation set up in your own country may provide a little protection. However, a domestic corporation can be sued as well. In addition, your shares in a corporation are assets in which a judgment creditor can seize. So-called "Limited Liability" corporations, companies, and partnerships don't really offer you bulletproof limited liability.
OFFSHORE CORPORATIONS: A better solution is to set up a corporation outside of your country (offshore). An Offshore Corporation can own real estate and vehicles in your country. For even better protection, set
Have you ever given a thought to business stationary you use in your business? Some of you may wonder what the big deal about business stationary is. The fact is that high-quality business stationary can help you build a positive image about your company irrespective of the type and size of business. Moreover, well-designed and professional business stationary can help your business stand apart from your competition.Business Stationery - An effective and powerful tool for business communication and moreBusiness stationery plays a vital role in businesses, schools, colleges, and all types of organizations. It is used for written correspondence and to manage daily business tasks. It includes pens, pencils, business cards, contact cards, letter heads, envelopes, presentation folders, stamps, labels, post-it-notes, binders and much more. It is very essential to have a good stock of stationery items for
Most lawyers charge their clients no direct fee for filing a personal injury lawsuit. This is known as a "contingent" fee. It means that the lawyer will collect no fee unless he wins the lawsuit and can collect the court awarded judgment amount.
Before a lawsuit is filed, a careful lawyer will research the defendant's ability to pay a court judgment. If the defendant is "judgment proof", (he has no insurance, no ownership of assets that can be seized to pay off a court judgment) the lawyer will not want to sue that defendant. That's because the lawyer will spend all of his time and money pursuing a lawsuit with no hope of ever being paid.
So, how can you make yourself Judgment Proof?
OFFSHORE CORPORATIONS & PRIVATE INTEREST FOUNDATIONS
Domestic Corporations: Owning a corporation set up in your own country may provide a little protection. However, a domestic corporation can be sued as well. In addition, your shares in a corporation are assets in which a judgment creditor can seize. So-called "Limited Liability" corporations, companies, and partnerships don't really offer you bulletproof limited liability.
OFFSHORE CORPORATIONS: A better solution is to set up a corporation outside of your country (offshore). An Offshore Corporation can own real estate and vehicles in your country. For even better protection, set
As I give mock interviews to students and alumni, the question that seems to stump most of them is:Other than your degree at (College or University) what else are you doing to secure your position in the industry?While your degree is important, employers want to see that you have progressively moved into your career. Book knowledge is important as it sets the foundation, however, your participation in extra cirricular activities may launch you ahead of the competition.Here are two activities you should consider:InternshipsAn internship provides the student with an understanding of career demands and qualifications. Internships allow students to connect what they have learned in class with how it will be applied in a work setting.Job boards like Monster, Hotjobs and Careerbuilder provide a list of internship opportunities. You can also visit http://www.build-a-career.coman updat
So, how can you make yourself Judgment Proof?
OFFSHORE CORPORATIONS & PRIVATE INTEREST FOUNDATIONS
Domestic Corporations: Owning a corporation set up in your own country may provide a little protection. However, a domestic corporation can be sued as well. In addition, your shares in a corporation are assets in which a judgment creditor can seize. So-called "Limited Liability" corporations, companies, and partnerships don't really offer you bulletproof limited liability.
OFFSHORE CORPORATIONS: A better solution is to set up a corporation outside of your country (offshore). An Offshore Corporation can own real estate and vehicles in your country. For even better protection, set up different Offshore Corporations so each one owns only one of your major assets. For instance, one corporation owns your cars, another owns one piece of real estate, and another owns different real estate. As the old saying goes: "Don't put all of your eggs in one basket."
PANAMA OFFERS THE ULTIMATE IN
ASSET PROTECTION
WHAT IS ASSET PROTECTION?
Asset Protection entails protecting your accumulated wealth from unnecessary taxation, frivolous lawsuits, burdensome governmental intrusion, and greedy relatives or in-laws.
WHY PANAMA?
Years ago, former British colonies like the Bahamas and the Cayman Islands offered anonymous corporations & secret bank accounts. Not any more. Even Swiss bank accounts are no longer secret.
Panama is one of the few remaining countries allowing you total anonymity with setting up business entities and opening secret bank accounts.
Panama's Bank Secrecy Laws are the best in the world. Your funds remain private, confidential, and safe inside Panamanian banks.
Panama's Corporation Laws are the strongest around the globe. Corporate shares are never registered with any government agency in Panama. Panama is one of the last countries allowing total anonymous "Bearer" shares protecting the identity of shareholders.
THE COMPLETE OFFSHORE STRUCTURE
You read about Panama Offshore Corporations. Their main purposes are to Protect your Assets and provide you with Privacy regarding your financial affairs. Let us explore the ultimate in Asset Protection and Privacy.
The Complete Offshore Structure is a combination of Panamanian legal entities. A Private Interest Foundation owns the shares of Offshore Corporations. This is the utmost in Asset Protection, Privacy, Anonymity, and Convenience!
Here is How It Works: Panamanian Corporations own all major assets (real estate, commercial businesses, commercial bank accounts, vehicles, etc.). The Foundation acts as a holding company for the Corporations. The Foundation also holds passive investment accounts and bank accounts.
What is a Foundation? The Panamanian Private Interest Foundation is a legal entity that acts like a Trust and operates like a Corporation. Law No. 25 of June 12, 1995 created and regulates Panama Private Interest Foundations.
The Panama Private Interest Foundation based on Private Interest Foundation models from three different jurisdictions: Liechtenstein, Switzerland, and Luxembourg. Panama carefully designed the Panama Private Interest Foundation as a more modern, flexible, and affordable Asset Protection & Estate Planning vehicle for people worldwide.
Banking: Panama has always used the U.S. Dollar as its official currency. Panama is a famous international banking center. Panama doesn't share its banking information with any other country. It is a crime for any bank employee to disclose banking information to any third party in Panama.
Tax Haven: Offsho
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