Läs och Begrunda !

Mycket att Läsa.

Spara och lägg in i era Dokument och läs vid tillfälle !


FREEDOM PROSPERITY REPORTS



First came the ice age, the stone age, the prehistoric age, the agricultural age, the steel/industrial age, the atomic age, now the

communications and information age



THE INFORMATION BUSINESS



Think about it. Every day you are bombarded with advertisements. How to lose weight. How to be a better sales person. How to relieve stress, have a better sex life, get along with your boss. How to interpret your dreams, never grow old, control your anger. How to tell the future. How to think and grow rich. How to cure all your aches and pains. It goes on and on. Someone is constantly selling you information and making money at it. Thousands of people start home-based businesses every day, joining the 25 million people all over the world who are already doing it. You need

high demand information

H D I  H D I  H D I  H D I  H D I

People all over the world are clamoring for it!

They cant get enough of it!! Just make HDI available to everyone you know and everyone you meet.

Absolutely everyone needs this

high demand information

The fastest-growing industry in the world today. Lets cash in together!!



easy steps to financial independence

The special Freedom/Prosperity report

Here are a few basic questions, to see if you and everyone you know are not ready for the revelations of these reports:

Are you earning as much as you feel you deserve?

Are you finding it harder and harder each year to make ends meet?

Are you paying too much in taxes?

Are you tired of intrusive confiscator government?

Are you struggling with your present home-based business?

Are you seeking to shelter some or all of your assets?

Are your financial affairs an open book? Have you lost all privacy and confidentiality?

Are you earning more and keeping less every year?



Let us show you and all your loved ones how to create and restore financial freedom.



The key to any business success is to have a product or service everyone in the world needs and wants. That product should be inexpensive and easy to ship or reproduce. PIL reports will change peoples lives all over the world by showing them how they can make and save money by removing themselves from the strict rules, regulations and tax burdens their governments have placed on them in the last few years. Brace yourselves: its going to get worse before it gets better. In fact, many people are taken aback by what they read in this report.



Many people do not want you to read these reports and take this training



Ruthless creditors will cringe.

Blood sucking lawyers may go broke.

Heartless tax collectors will see red.

Sneaky politicians use the information in this report but they dont want you to.

Greedy bankers certainly dont want you to read this.

Government agencies would like to blackball it.

Back-stabbing relatives just hate this information.

Divorce attorneys may look for a job as a result of this report.



You will gain access to and learn all about



Ways the rich and powerful get richer using trusts 7 and how you can do the same!

Incorporate offshore-in complete privacy, away from all government regulations.

Global diversification and offshore investing. Do you have a viable plan?

Offshore tax havens legally delay or eliminate taxes. Not even your government knows.

Offshore IBCs and trusts-asset protection; complete judgment proofing.

ffshore Credit card; private, no paper trail, no credit check. Prepay and its a debit card.

By the way, people will pay you a lot of money for this HDI if they feel it is going to earn them a lot of money.



Everyone needs offshore asset protection, tax shelter, offshore money management and all other offshore support services. We are already seeing hundreds and hundreds of books, periodicals, newsletters and articles being written by world-renowned authors on how to deal with government's dictatorial agencies and controls. People all over the world are seeking this information because they are sick and tired of the tremendous burden their governments are putting on them and they are seeking relief.



Shouldnt you be at the forefront of this booming market?



A sample of what youll find in the PIL Freedom/Prosperity Report



How To CREATE AND RESTORE FINANCIAL Freedom



Are you tired of increasing taxes and government regulations?



Are you earning more, but keeping less of what you earn because of increased taxes?



Are you concerned about a potential lawsuit or creditor action that could wipe you out financially?



Have you ever seen someone you know financially ruined by a divorce settlement?



Are you concerned about the loss of privacy and confidentiality in your personal and business affairs?





Do you want to experience personal and financial freedom beyond your wildest dreams? Do you want your assets to grow without the fear of lawsuits, creditors, ex-spouses or a debt-ridden government stealing what is rightfully yours? If so, read on



TAXES, TAXES, AND MORE TAXES!

Every day our debt-ridden government is becoming increasingly intrusive into our personal and business affairs. Sophisticated computer databases are being set up to pry into every aspect of our lives - particularly our finances. Why? Because the U.S.government is in a feeding frenzy. They need more and more tax money to pay for the enormous debt they are piling up day by day.



Do you know that approximately 46" of every dollar you earn is gobbled by federal and state taxes?

This leaves only 54" out of every dollar as spendable income for you and your family. Is it any wonder that you are feeling more and more financial pressure?

Decades of overspending and the need for billions of dollars to fund entitlement programs are strangling the US taxpayer. There is no end in sight. As long as there are government employees and beneficiaries with a vested interest in their continuance, these programs will expand and grow.



We not only have a nation that is being taxed at the highest rate in history, but one where its citizens are willing to give up their Second Amendment rights as well as their Constitutional rights to freedom, privacy, work, independence and self-reliance for more and more government control.



IT WASNT ALWAYS THIS WAY



When Columbus landed, we doubt the Arawaks appropriated a monthly wampum payment to subsidize his living expenses. When the first settlers arrived at Plymouth Rock to face a cold and hostile environment, no one from social services was there to greet them. When millions of poor Germans, Jews, Irish, Italians and Poles migrated to the United States, there were no entitlements because none were expected. But people got along. They worked! They prospered!



The first entitlement program for all Americans was Social Security. Originally it was set up as a self-funding trust. Of course, the government couldnt resist borrowing from the trust to balance the budget while at the same time providing increased benefits to the participants. The end result is that the Social Security system is going broke. A typical retiree on Social Security will receive his or her entire lifetime Social Security contributions, inflation adjusted, in less than two years of retirement. In addition, the average retired couple will receive $100,000 or more in Medicare coverage than they paid in Medicare taxes. Essentially, the Social Security system is funded through the use of a pyramid or Ponzi scheme. A Ponzi scheme spends money from new participants to pay benefits already spent and owed to the previous participants. Have you ever heard a better definition of Social Security?

If that werent enough, the government has done the same thing with the Federal Employee Pension Funds. They do not have the money put aside that must be paid to future retirees. In reality, the under funded entitlement programs such as Social Security and government pensions are not trust funds. They are pay-as-you-go pyramid schemes. If the government were a private firm, it would be required to have the pension money in the bank. If a private firm (you or me) were to behave like the government, we would be charged with fraud.



In addition to the uncontrolled spending and entitlement programs, the government is growing exponentially through sheer incompetence and bad management. Not to mention the billions of tax dollars that will be needed to finance the war on drugs and the war on crime.

YOU AND YOUR MONEY ARE IN DANGER



Our debt-ridden government is not the only one who wants to share in the fruits of your labor. If you accumulate wealth, you are a prime target for lawsuits from employees, ex-spouses, customers, competitors, creditors, relatives and anyone else that feel they are entitled to your assets. If thats not enough, a sudden turn of bad luck in health, business or personal finances could push you into bankruptcy. You and your family could lose everything you have earned in a lifetime. Why? Because you did not set up a financial asset protection strategy in ADVANCE.



Unfortunately, most individuals and families have no financial protection because: [A] They are ignorant. They do not realize they need financial protection. [B] They are optimists. They believe that they will never need financial protection. [C] They are procrastinators. They know they need financial protection, but are too lazy to do anything about it.



Lawsuits, business failure, tax troubles, divorce, creditors, catastrophic Illness and more, can wipe you out overnight. You must protect yourself by setting up a FINANCIAL SELF-DEFENSE PLAN that protects everything you own, against ANY legal or financial threat under ANY circumstances.



If a lawsuit--happy lawyer or unscrupulous tax collector wants your money; you need the strongest financial protection possible. In addition, you must more than simply shelter your assets from those who want them. You must also privatize your wealth so that no one knows how much youre worth. Unfortunately, privacy has become nearly impossible. The Information Age makes your finances an open book. So what is the answer?

OFFSHORE ASSET PROTECTION



The strategies you are about to learn will give you an impenetrable financial fortress against lawsuits, creditors, bankruptcy, tax collectors, divorce, probate, catastrophic illness and dozens of other situations that could ruin your finances and your life.



THE OFFSHORE TRUST - YOUR FIRST LINE OF DEFENSE

That was just a quick look at the exciting information available in the PIL Freedom/Prosperity Report #2000

Lets look at the people who need this report!



People who are just broke and have a job,

People who have more month than money.

People who are self-employed, paying self employment tax, prime candidates for lawsuits.

People who are sick and tired of frivolous lawsuits. Did you know there are 2.67 lawyers for every 1,000 people? They are hungry. They need to sue to survive.

Professional people, doctors, technicians, architects, stock brokers, accountants, and even lawyers  you know all those people in the above average tax bracket.

Couples who plan to live happily ever after. Reality: 60% divorce rate every year.

People who live in a country with rules and regulations on how to run businesses.

People who are retired on Social Security, medical benefits and pensions.

People who are high audit risks, subject to dictatorial tax agencies guilty until proven innocent.

People who are paying their governments 40 - 60% taxes and have had enough.

People who are close to bankruptcy and need a solution soon.

People who want to make sure their children receive 100% of the inheritance without the government stealing half or more.

People who need credit and cant get it from their friendly bank.

People who want to keep their business and personal affairs private.

People who have the dream of financial independence and want to make money running their own business.



Surely you agree: there is a tremendous market worldwide for this information





The freedom/prosperity special financial reports



With all this valuable information in the PIL Reports you can see why its the hottest information report. This information is not accessible just anywhere! It cannot be found at your local library! They do not share it at the local university! It shows people how they can save hundreds of times more in taxes alone! The best deal of all

HDIHDIHDI...

The rich have been going offshore for years and getting richer (using other peoples money).



Now its your turn! Lets do it and get rich, Offshore.



Governments worldwide are planning and passing new and restrictive foreign exchange rules and regulations. Its time for real people to move offshore before its too late. Being able too conduct your personal and business affairs outside of governments control will allow you these major advantages; diversification, bank safety and security, protection against currency fluctuations, tax shelter, asset protection, and privacy. Setting up a trust after creditors, lawyers and your government have come after you do not work. Its too late. You need to act before they get their hands on you. More time gives more protection. The sooner you get your trust set up, the better. Once you have thoroughly studied this report you will understand and be in a position to do as the rich and powerful have done for centuries  Delay or not pay taxes to your governments  Keep your personal and business affairs completely private  Set up your assets so no one can take them away  Make money by investing in many high interest offshore investment opportunities.



The Perfect Product

A Tremendous Market Worldwide  Anyone who is breathing and paying taxes is a are prime candidate.

The Best Possible Timing: Conditions the world over are increasingly favorable to OFFSHORE SHELTERING AND GLOBAL DIVERSIFICATION.



MORE HDI

GOVERNMENT BREAKDOWN



Over-Regulation and the Deficit. Modern governments swallow human rights. The US is a prime example:

The so-called BANK SECRECY ACT (What a misnomer) wipes out any pretense of privacy in banking transactions. The US Government has virtually deputized all bankers to enforce federal policies instead of customers wishes. Confidence in American financial institutions continues to erode. Foreign bankers respect your money and your privacy. U.S. bankers do not.



The US is rapidly moving away from protection of property rights while many of the countries in the rest of the world are taking greater pains to honor them. Did you know that the SEC (Security and Exchange Commission), one of the biggest obstacles to SOUND INVESTMENT, on the pretext of protecting you has made performance fees illegal in the US. That is, the 1% to 10% fee charged by offshore investment companies to perform for you. Instead, the SEC sanctions the huge brokers fees in and out on all transactions whether they perform for you or not  which do you think is the better deal? The performance fee is an incentive to perform! And it costs you nothing. Heres one for you!

EXCHANGE CONTROL

could hit any day now in the US Without warning. In fact, the US already has legislation authorizing exchange control, ready for implementation by the President. The EMERGENCY ECONOMIC POWERS ACT (Public Law 95-223) passed in 1977-78 has already been used by every President since it was passed: Carter against Iran. Reagan against Russia. Bush against Iraq. So watch out it could be used any time against the world.



Other risks you should be prepared for at anytime.

INSTABILITY in North American markets, because of the need to finance a huge and growing structural deficit. Dollar DEVALUATION. Bank Account - FREEZES. LIENS by various Government agencies. Debt DEFLATION, Runaway INFLATION.



For many people the threshold issue in moving assets offshore for protection is seeing the need; many believe they are not at risk Reality is, all you have to do is be in the wrong place at the wrong time in this LAWSUIT  CRAZY COUNTRY and you get sued. Ordinary people have extraordinary problems.



Now lets look at some Good News!



Large centralized governments are breaking down... An INFORMATION ELITE

Is rising up across the globe - If you are reading this, you are probably already part of that 20% elite. Fifty years from now, historians will see this period as a turning point in civilization.

Consider this: TAXES.





Most Americans believe they pay the highest taxes in the world. In fact, they are at the bottom of the scale, ranking 24th out of 24 major industrialized nations. That is, actual taxes related to GDP.





We have all heard about the huge FEDERAL DEFICIT (especially in this past election year). But do you realize that if we just RAISED TAXES AND CLEARED THE DEFICIT we would still be taxed at rates that are lower than most of the other major industrial nations? (And the huge interest payment would cease and go away.)



YOUR GOVERNMENTS GOT AN ATTITUDE!



It wants to be the only BIG Business!

Why does it try to break up any successful company that starts getting too big? Take the recent attacks against Microsoft, World Com/MCI, Sprint, Visa, MasterCard, Big Oil - What is it really doing? Accusing these companies of Price Gouging



What about investigating Price Gouging in government itself - How can the government declare and constantly revise upwards a Budget Surplus as much as 1.87 billion over the next 10 years? This is directly at the expense of the consumer folks - Who pays the taxes? The consumer, right? Why is there a surplus? Could it possibly be that we are OVERTAXED?







Is it TAX HAVENS or TAXES that are at fault?



The OECD (Organization for Economic Cooperation and Development) is busy preparing Blacklists of UNFAIR TAX HAVENS. These days we hear the Expression UNFAIR TAX COMPETITION coming from our governments - they accuse these tax free countries of UNFAIRLY attracting capital investments and even savings to their shores. Maybe, just maybe its the HIGH TAXES themselves that are unfair! In some High tax countries as much as 30% or more of sales proceeds of a successful investment can be taken on the changing of one investment to another, together with the complexity of the Capital gains tax regime that drives legitimate savings to tax havens and no doubt to secret bank accounts and nominee holdings. Eliminate the taxes and maybe youll stop the exodus.



High Tax Industrialized Countries vs. Small Tax

Haven Countries:



More than $1000 billion is held in offshore funds. This is 15 times larger than in the mid 1980s. This gives OECD countries a lot to worry about. They certainly have legitimate grievances about tax havens but the solution is not in bullying and penalizing the tax haven countries; it is in tax reform and tax efficiency back home in their own countries. The OECD should be just as firm with its own members and insist on tax reforms to stem the tide of escaping investment capital.



Global Mergers - Good or Bad?



On the one hand mergers are helping companies compete on a global scale, reducing excess capacity and improving efficiency, i.e. lowering the cost of doing business leading to high profits without price increases. This, however, cannot go on indefinitely - costs cannot be lowered to nothing, diseconomies of scale kick in. The advent of large numbers of ordinary householders investing in the stock market and reaping the benefits of consolidation in the form of rising share prices has caused a change in public attitude towards anti-trust movement.

Do we really want larger and larger global corporations or do we want continued government Interference and legislation to keep companies smaller?



ECONOMIC BLACKMAIL



The OECD has absolutely no legal authority to impose any sanctions - yet they are listing and threatening over 35 offshore financial centers with sanctions within a year if they dont mend their ways. What is even more disconcerting is that some of these countries, namely the Cayman Islands, & Antigua are knuckling under to these threats and signing cooperation agreements.



WATCH YOUR THOUGHTS; THEY BECOME YOUR WORDS

WATCH YOUR WORDS; THEY BECOME YOUR ACTIONS

WATCH YOUR ACTIONS; THEY BECOME YOUR HABITS

WATCH YOUR HABITS; THEY BECOME YOUR CHARACTER

WATCH YOUR CHARACTER; IT BECOMES YOUR DESTINY



THE US IS a TAX HAVEN



Why does the US not appear on the G7 list of tax havens, which need to be attacked and eliminated?



The US is determined to attract offshore dollars back onshore, hence LLCs (Limited Liability Companies) with very little Due Diligence - very low prices (sometimes lower than traditional tax havens) - very few records. As long, as the partners are not residents of the US and do not engage in commerce in the US, these LLCs attract no tax whatsoever. What happened to unfair tax competition and harmful tax regimes?

· Are you tired of increasing taxes and government regulations?

· Are you earning more, but keeping less of what you earn because of increased taxes?

· Are you concerned about a potential lawsuit or creditor action that could wipe you out financially?

· Have you ever seen someone you know financially ruined by a divorce settlement?

· Are you concerned about the loss of privacy and confidentiality in your personal and business affairs?

· Do you want to experience personal and financial freedom beyond your wildest dreams?



· Do you want your assets to grow without fear of lawsuits, creditors, ex-spouses or a debt-ridden government



· Stealing what is rightfully yours? If so read on.



Every day our debt-ridden government is becoming increasingly intrusive into our personal and business affairs. Sophisticated computer data bases are being set up to pry into every aspect of our lives — particularly our finances. Why? Because the government is in a feeding frenzy. They need more and more tax money to pay for the enormous debt they are piling up day by day.



Did you know that approximately 46¢ of every dollar you earn is gobbled by federal and state taxes? This leaves only 54¢ out of every dollar as SPENDABLE INCOME for you and your family. Is it any wonder why you are feeling more and more financial pressure?



Decades of overspending and the need for billions of dollars to fund entitlement programs are strangling the taxpayer. There is no end in sight. As long as there are government employees and beneficiaries with a vested interest in their continuance, these programs will continue to expand and grow.



We not only have a nation that is being taxed at the highest rate in history, but one where its citizens are willing to give up their Second Amendment rights as well as their Constitutional rights to freedom, privacy, work, independence and self-reliance for more and more government control.




IT WASN’T ALWAYS THIS WAY



When Columbus landed, we doubt the Arawaks appropriated a monthly wampum payment to subsidize his living expenses. When our ancestors arrived at Plymouth Rock to face a cold and hostile environment, there was no one from “social services” there to greet them. When millions of poor Germans, Jews, Irish, Italians and Poles migrated to the United States, there were no entitlements and none were expected. But people got along. They worked! And they prospered!



The first entitlement program to come along for all Americans was Social Security. Originally it was set up as a self-funding trust. Of course, the government couldn’t resist “borrowing” from the trust to balance the budget, while at the same time providing increased benefits to the participants. The end result is that the Social Security system is going broke.



A typical retiree on Social Security will receive his or Her entire lifetime Social Security contributions, inflation-adjusted, in less than two years of retirement. In addition, the average retired couple will receive $100,000 or more in Medicare coverage than they paid in Medicare taxes.



Essentially, the Social Security system is funded through the use of a pyramid, or Ponzi scheme. A Ponzi scheme is a scheme that spends money from new participants to pay benefits already spent and owed to the previous participants. Have you ever heard a better definition of Social Security?



If that weren’t enough, the government has done the same thing with the Federal Employee Pension Funds. They do not have the money put aside that must be paid to future retirees. In reality, the unfunded entitlement programs such as Social Security and government pensions are not trust funds. They are pay-as-you-go pyramid schemes. If the government were a private firm, it would be required to have the pension money in the bank. If a private firm (you or me) were to behave like the government, we would be charged with fraud.



In addition to uncontrolled spending and entitlement programs, the government is growing exponentially through sheer incompetence and bad management. Not to mention the billions of tax dollars that will be needed to finance the “war on drugs” and the “war on crime.”

From Readers Digest, Sept. 1994:



Ever wonder why middle-class families find it harder to make ends meet? Taxes are the reason. Today the average family of four pays over 20 percent of its income in federal taxes and Social Security; since 1948, the percentage it pays in federal income tax alone has nearly tripled the eroding value of the tax exemption for dependents is one of the tax code’s antifamily bias. In 1948 the exemption shielded 69.2 percent of the median income for a family of four from tax liability. By 1992 it protected only 20.6 percent... In 1992 a family of four could exempt only $9200, from its taxable income. But if the dependent exemption had been worth as much in 1992 as it was in 1948 that same family would have been able to exempt $30,873 from their income…In 1948 the typical home had only a single wage earner. Today in the majority of households, both husband and wife must work to maintain a comparable standard of living. Imagine if there were a legal, effective means to reduce your tax liability by even 10, 15 or 20 percent! It would be like receiving a comparable pay raise! You would realize an increase in your after tax income, for the same time and effort you are applying now. Remember Judge Learned Hand: “Anyone may arrange his affairs so that his taxes shall be as low as possible; there is not even a patriotic duty to increase one’s taxes.” Over and over again the courts have said that there is nothing sinister in so arranging one’s affairs so as to keep taxes as low as possible.



The IRS’s Handbook for special agents says: “Agents… Our tax system is based on self-assessment and voluntary compliance. The material contained in this handbook is confidential in character. It must not under any circumstances be made available to persons outside the service.”





CHANGING THE PARADIGM

NEW IDEAS PRODUCE NEW RESULTS



A paradigm is simply the way we as a society look at things around us. It is the sum total of our beliefs about the way things is. Unfortunately, things are not always what they seem. Our view of reality is often distorted by false information. Dr. Robert Anthony, a well-known psychologist and author calls this “The Carbonized Crap Theory.” It goes like this: From the moment we are born, there’s a bag of crap waiting to be put into our brain. As we hear ideas, crap is poured into our head and stuffed in there by authority figures. These are the people who have a vested interested in making sure we believe what they tell us. We hear it from our parents, we hear it from our teachers, we hear it in church, we hear it from big business, political groups, self-interest groups and, of course, the government.



They are all taking turns packing all this stuff into our head. Eventually, not too late in life, the crap they have been packing into our heads becomes so thick, it’s impenetrable. And anything that is real or true doesn’t get through. It can’t get out and it can’t get in because the crap becomes carbonized like a diamond, the hardest substance known. This forms a set of paradigms.

Once we decide to consciously change a paradigm, we start to get little cracks in the carbonized crap in our brain. We start understanding what is important, what is real. And if we keep at it, eventually we can penetrate through all the crap. But we have to be willing to challenge our beliefs. We have to challenge authority figures and those who want to control our lives.



The paradigm of the ‘90s is “Government knows best. Let the government run it or fix it.” Did you ever notice that as soon as the government touches anything, it immediately starts costing more? So the question must be asked, “Do we want to continue on this path, or do we want to take back our right to make our own decisions when it comes to how we are going to spend our hard earned dollars?”



It’s time that we change the paradigm concerning the way we look at and feel about the role of government. Our new paradigm should be one of PERSONAL RESPONSIBILITY, PRIVACY and FREEDOM. The dictionary defines freedom as “exemption from arbitrary control, independence, the power of self determination.” This includes freedom from excessive taxation and government intrusion into your financial affairs. In short, you must learn to legally protect your assets from the government bureaucrats who want to take your money and “redistribute” it to those they feel deserve it.



YOU AND YOUR MONEY ARE IN

DANGER

Our debt-ridden government is not the only one who wants to share in the fruits of your labor. If you accumulate wealth, you are a prime target for lawsuits from employees, ex-spouses, customers, competitors, creditors, relatives and anyone else who feels they are entitled to your assets. If that’s not enough, a sudden turn of bad luck in health, business or personal finances could push you into bankruptcy. You and your family could lose everything you have earned in a lifetime. Why? Because you did not set up a financial asset protection strategy in advance. Unfortunately, most individuals and families have no financial protection. Because:



A. They are ignorant. They do not realize they need financial protection.



B. They are optimists. They believe that they will never need financial protection.



C. They are procrastinators. They know they need financial protection, but are too lazy to do anything about it.





Lawsuits, business failure, tax troubles, divorce, creditors,

Catastrophic illness and more can wipe you out overnight.





You must protect yourself by setting up a FINANCIAL SELF-DEFENSE PLAN that protects everything you own against any legal or financial threat under any circumstances.



If a lawsuit-happy lawyer or unscrupulous tax collector wants your money, you need the strongest financial protection possible. In addition, you must more than simply shelter your assets from those who want them. You must also PRIVATIZE your wealth so that no one knows how much you’re worth. Unfortunately, privacy has become nearly impossible. The Information Age makes your finances an open book. So what is the answer?



OFFSHORE ASSET PROTECTION



The strategies you are about to learn will give you an impenetrable financial fortress against lawsuits, creditors, bankruptcy, tax collectors, divorce settlements, probate, catastrophic illness and dozens of other situations that could ruin your finances and your life.







THE OFFSHORE TRUST

YOUR FIRST LINE OF DEFENSE



The best way to protect your assets is to never keep your wealth in the country where you live because, as we have discussed already, anything can happen, and usually does. The answer to this dilemma is an Offshore Trust. An Offshore Trust enables you to change the title on your personal or business possessions, including stocks bonds, real-estate, bank accounts, coins, gold, vehicles, boats, etc., from yourself to the Trust. You may use and enjoy the Trust property during your lifetime, even though the property is in the Trust name. Since assets are no longer in your name, there is no public record of personal ownership.



IN THE BEGINNING THERE WAS TRUST!



Before we explore tax strategies, asset protection and potential high returns on investments, we need to understand how to structure ones self to legally become privatized and conduct personal and business matters in a discreet and safe manner. In order to accomplish this you as an individual must become invisible. You do this by setting up (what is commonly called) a pure trust and signing over and placing everything you want protected into this trust, thus keeping you legally separated from those assets and liabilities.



Learning about how a pure trust works will give you a better insight on how the rich and politicians have legally manipulated their careers and fortunes for decades. This same trust will allow you to do the same as they have done for centuries.



WHAT IS A PURE TRUST?



A pure trust is one in which three parties of the Trust (Settlor, Trustee and Beneficiary) are, in fact, three separate entities. These three entities become one through this Trust, thus creating an entity in itself. It is based on what is called common law. This is a pure contractual Trust called a “Declaration of Trust.” It is recognized by most governments and governmental agencies throughout the world. One person can not totally control and hold possessions or assets of the trust. This would be a conflict of interest and can destroy the credibility of the Trust. The most important thing to remember is to keep with the form of a pure trust; you must have the three separate entities holding the three different positions the Settlor, the Trustee and the Beneficiary.



WHAT MAKES THIS PURE TRUST SUCH A POWERFUL INSTRUMENT?



As we have discussed earlier the reason this Trust is so powerful is that it is written under common law as a pure Trust. There is no other structure that exists which is more powerful and more flexible for personal or business purposes, written under common law.



WHAT IS THE DIFFERENCE BETWEEN A PURE TRUST AND A LIVING TRUST?



A living trust can be operated by the same person who benefits from the Trust structure. In a pure Trust, you can’t do that. There has to be a minimum of three entities: the Settlor, and the First Trustee for the benefit of the Beneficiary. If you were found to actually own the assets you were controlling, anyone could pierce that Trust. Someone has to make a gift to you of the initial assets in order to establish the pure Trust. After that, the way the Trust is written, anyone can donate or sell assets to the Trust, which is how you can transfer your possessions. Anyone who has setup a living trust with the intention of total protection of assets will be surprised to find out they are at extreme risk and need to immediately setup a pure trust to achieve these goals.



IS A TRUST USABLE IN ANY STATE OR COUNTRY?



YES! You can place what is called a “situs” in any state or country that recognizes common law. The situs is the legal address established under the “trust jurisdiction.” This becomes the legal address and controls how the trust is treated. It’s the same as when you sign a contract with a company and they tell you in the fine print how their state’s law takes precedence over any legal matter that may develop. They are simply stating the jurisdiction properties of the contract. Remember, this trust is also a contract.



PICK A TAX-FREE STATE FOR YOUR SITUS!

If you are a U.S. citizen and decide to setup a trust inside the U.S., your trust may be liable for state income tax. In the U.S., some states do not have state income tax. If you place your situs in a state such as Nevada, Texas or Florida that does not have income tax, you may be able to legally avoid those types of taxes. This same concept holds true for setting up your SITUS offshore in a tax free haven. Grenada is one of those tax free havens, and people from the U.S. as well as other parts of the world are setting up trusts in that country by the thousands every month. Now you know how the rich and famous delayed and avoided their government taxes. They set up IBC's (International Business Corporations) and offshore trusts, and used those entities to invest back into their country. Remember, a Trust is an entity unto itself, and when setup offshore, becomes a NON-RESIDENT ALIEN of the country it wants to do business in and is exempt from those taxes.



WHAT IS AN EXEMPT TRUST?



It simply means that you are not taxed by Grenada on the income that the trust earns. The trust is also not taxed on capital gains nor is any duty charged on any estate through the trust.



WHAT DETERMINES AN EXEMPT TRUST?

The settlor, protector and beneficiary may not be residents of Grenada any portion of any calendar year in order to remain an exempt trust.





WHAT IS AN ASSET MANAGEMENT TRUST?



An Asset Management trust is designed for personal affairs and is not for business purposes. Although the trust is a separate entity and can own assets on its own, this document specifically prohibits any new business start-up after the date of the Trust’s inception. It is allowed to operate an existing business that has been transferred to the trust, but only to eventually sell it or close it down and distribute the assets to the beneficiaries at a later date. The purpose of this clause is to prove to any bank that it is strictly a management trust.



This trust is typically used to hide personal assets such as stocks, bonds, real estate, cars, trucks, boats, yachts, retirement homes, cash, etc. You’ll find that this is one of the slickest of all trusts. It has numerous loophole clauses that allow you to do just about anything you need to do, when the time is right.





HOW CAN I PROTECT MY BUSINESS ASSETS FROM FINANCIAL DISASTER?



Set up a trust right away! If you are operating without the protection of a trust, you are vulnerable to every type of lawsuit available in your country. One stupid, frivolous lawsuit could wipe out years of work in a matter of weeks if you do by not have a trust. Don’t delay too long without doing something. If you don’t get protection from PIL, at least get protection from someone! That’s the bottom line!



WHAT IS A PREFERRED ASSET HOLDING TRUST?



It’s commonly called a business trust. It’s a separate entity and can own and run a business on its own. As with any entity, it can buy and sell property and services. It can be sued and it can sue others. It can open a bank account and take out loans. It can make a profit, lose money, and go bankrupt. Since it is a separate entity unto itself, the managers and trustees of the trust are not personally liable for the misdeeds of the trusts. (There are exceptions, such as if the manager or trustees have personally guaranteed notes, or break the law where the trust is doing business, or betray the by-laws of the trust).



WHAT IS LAYERING?



Get ready, because this is what you have been waiting for! Using the example of the Asset Management Trust (Personal Trust), and the Preferred Asset Holding Trust (Business Trust) that the Rich and the Politicians have been using, what is commonly called LAYERING is used to hide their business interests and their money from the public and the government. What you are about to learn will make and save you thousands of dollars in the years to come!



WHAT’S THE BEST WAY TO LAYER TRUSTS?



Your objectives and total assets will determine how you need to structure and layer the trusts. You should start with Asset Management trusts. Place your high-liability assets, in one trust such as cars, trucks, motor homes, boats. These assets have a tendency to run over people. Blood-sucking lawyers love to do asset-searches to find out how much they can make for themselves and their clients by suing you. If the car is under a trust name and the trust is not recorded (as you have learned, you do not need to record a trust) it’s difficult to find what the trust is worth. If by chance the trust is sued, they can only take what is in that trust. Passive assets such as checking accounts, stocks, bonds, cash reserves, etc. should be in another trust.



Each piece of real estate should be in a separate trust. Real estate has some liability in that someone can fall or be hurt. Keeping each piece of real estate in a separate trust allows a lawyer only take what the trust is worth. Here’s a valuable tip. If your real estate has equity, attach a lien (either 1st or 2nd) on the real estate by creating an additional trust.



WHAT IS A "SPENDTHRIFT" OR "PROTECTIVE" TRUST?



In the event that the beneficiary becomes insolvent or any part of his property becomes liable to seizure or sequestration for the benefit of his creditors, the trust has the right to minimize the beneficiary’s interest in trust funds to a degree necessary to prevent such action from hindering the smooth operation of the trust. It is designed to protect the beneficiary against his own incompetence or inability to properly handle money or property.





WHO REALLY OWNS THE ASSET PROTECTION TRUSTS?



NO one but the trust! There are beneficiaries, however. Typically your children should be the beneficiaries. If you don’t have children, any relative you can work with directly to support the credibility of the trust. If you don’t know who to place as beneficiary, use the same person you would name as an heir in your will. The purpose is the same.



Now here’s where it can get very interesting. Any legal entity such as a corporation, charitable organization, limited partnership or even another trust can hold the position of the Settlor, Trustee or Beneficiary. This tactic is used when a person wishes to create multiple layers of protection by establishing more than one trust.



Keeping with this concept, the more multiple-layered trusts you can establish, the more protection you have. Establish one or more business trusts of which it can either be the Settlor, Trustee or Beneficiary of one or all of the Asset Management trusts, holding the vehicle, cash, stocks, bonds, real estate, etc. Of course that business trust can run and control your business, and additional business trusts can be established to own and control assets for the business.



WHERE DOES A TRUST GET ITS NAME?



You are free to choose any name you wish (with limitations). Most people use the name that partially describes what they are doing, or they simply use a name of a city or location and add the extension “Holding Trust” or “Management Trust.” You may not, however, use one that sounds like a banking or lending institution. Common knowledge also tells you to stay away from names that could be confused with those that are already protected by a trademark, patent or copyright.



DOES A TRUST HAVE TO BE REGISTERED?

No! In fact you should avoid this procedure at all costs! A trust can be legally run without being registered. No one will know who runs the trust if you do not register it.



An offshore trust has all the advantages of a corporation and none of the disadvantages, and it can operate anywhere in world as lawful business. Corporations are taxed on their net profit prior to distributions of dividends. Shareholders are taxed on dividends received. Offshore trusts are only taxed on the profits that are not distributed to the Beneficiaries. If all profits are distributed, the Trust has no tax liability.



HOW DOES THE OFFSHORE TRUST COMPARE WITH A DOMESTIC TRUST?



An offshore trust is similar to a domestic trust except it has several features that are much better. The main differences, are:



A. Domestic trusts remain vulnerable to creditors. The laws of the country determine what enforcement measures creditors may take. Unlike domestic laws, the laws in offshore havens are always in favor of the trust.



B. Even if a domestic court compels the settlor or beneficiary to take his or her assets out of the trust, the Trustee must, by law, refuse this request.



C. The law also compels or authorizes the trustee to relocate the trust to another country if the trust becomes endangered in its present location.



D. The trustee can alter the rights of any beneficiary under creditor attack to eliminate claims against the trust by that creditor.



IF A TRUST IS SO GOOD, WHY DOESN'T EVERYONE USE ONE?



The fact is, not everyone understands or can operate a trust. Spreading the word worldwide will inform thousands of the benefit of a trust and what it offers to people all over the world.





Keeping in mind, it does take a little degree of finesse and business savvy to understand and remain under the protection of a trust. The average person will not want to devote the time or patience to grasp the knowledge and understanding they need in order to work through a trust. This is where Prosper International, Ltd. (PIL) can help. PIL understands the average person may not take the initiative to establish a trust on their own. Obviously, you’re not the average person since you’ve made it this far in the report. All you have to do is become a PIL member and let PIL do the rest for you. It’s that easy!



WHY DON’T MORE CITIZENS HAVE OFFSHORE TRUSTS?



There are many reasons why more people do not have offshore trusts, or any other type of offshore investments. The primary reasons are:

Most citizens have an “insular” mind-set. They believe that everything they could ever want is available in their country. In effect, they isolate themselves from other countries. Very few citizens (as little as 5% in some countries) have passports. Not only do most people physically stay within their own borders, but their idea of traveling to a “foreign” country, is a trip a neighboring country. For example, the U.S. Congress and the IRS know they have a captive market of taxpayers because, not only do most Americans not think in terms of investing outside the U.S., but they are even more horrified at the thought of ever having to live outside of the States. Congress could pass legislation that would double the present tax rate, and most Americans would still not even consider leaving. They would stay and pay.



Although it is not necessary to leave the U.S., Americans better wake up to the fact that their opportunities of retaining their wealth are decreasing rapidly in the U.S., while at the same time are increasing rapidly throughout many areas outside of the U.S. borders. The days of having everything tied up in a neat little package, safe and secure within the U.S., is no longer a reality.



Most Citizens think offshore trusts are just for the rich. Although the rich have had Trusts for years, that is not the case any more. Now that offshore trusts can be started with only a small investment, they are affordable and readily Available to the average individual and family. Many individuals and families who have an offshore trust are not necessarily wealthy, but they are concerned about protecting the assets they have worked hard for. Others use a trust for estate and divorce planning.



The government does not want you to know about the benefits of an offshore trust. The primary goal of the government is to appropriate every tax dollar they can get their hands on. The fact that they cannot get their hands on money secured in an offshore trust (even if taxes are owed by the taxpayer) is very troublesome. If they could force every country to cooperate, they would. Fortunately, they can’t. They can only pass laws that compel the taxpayer to voluntarily disclose the existence of an offshore trust and pay taxes where applicable, but they cannot get their hands on the trust’s assets under any circumstances. The fact that the government does not, and cannot, control the laws of other counties, is why more and more citizens are seeking asset protection offshore.



Most attorneys do not want you to know about the benefits of an offshore trust. Why? Because we live in the most litigious society in the world. In the U.S. there are 2.67 lawyers for every 1,000 people. In Japan there is 1 lawyer per 100,000 people. In fact, two-thirds of the world’s attorneys live and practice in the U.S., yet we have only 6% of the world’s population!



Your chances of being involved in a lawsuit in any given year are one in four. We are swamped with greedy individuals and money hungry lawyers who must manufacture lawsuits to keep busy. Unfortunately, many of the lawsuits that are filed are frivolous and border on extortion. Did you also know that the average successful litigant collects less than 50% of a settlement? The rest goes for attorney fees, courts costs and collection fees. Any wonder why attorneys don’t tell you about offshore trusts and how to avoid lawsuits.



Most citizens perceive offshore finance as too complicated. Even if they are interested in investigating the possibility, they do not know where to begin to get reliable information. More importantly, they do not have access to anyone who can actually set up a legal non-discretionary offshore trust as well as an offshore bank account. As you will see, this is no longer an obstacle. Now anyone can diversify his or her assets abroad in countries that have higher interest rates, with complete safety, tax-free!



The average citizen believes that offshore trusts, IBC's or offshore bank accounts must be illegal and are only for money-laundering crooks, tax evaders and those with illegal motives. Ignorance that surrounds offshore finance results largely from misinformation. However, the fact remains that every fortune 500 company has offshore financial interests, as do the top 10 banks in the U.S. In addition, tens of thousands of Americans now have over three trillion (that’s trillion, not billion dollars) secured in offshore accounts. Rest assured, an offshore trust is 100% legal. Remember, the government does not want your money offshore. They prefer that you keep it a local bank where they can keep an eye on it. However, it is perfectly legal to take your money out of the country free of taxes. Offshore investments are not only legal, but they’re smart!



IS IT SAFE TO SEND MONEY OFFSHORE?

Assuming you understand that an offshore trust is a legal, ethical and highly effective method to preserving your assets, the next thing that comes to mind is, “How safe is my money if I send it offshore?



Again, all skepticism concerning offshore banking is based in ignorance and fear. We will tell you right now that your money is far safer offshore than in the U.S. This will be discussed in detail throughout this report. As a point of fact, offshore banks are safer than U.S. banks. Here’s why:

Offshore banks must maintain a higher ratio of liquidity. Their reserve requirements are much higher than in the U.S. In other words, they are financially stronger and better managed. Unlike their U.S. counterparts, offshore directors are directly liable to the depositors.



Offshore banks operate efficiently and economically because they are basically structured accounting systems. This means they have low overhead and, no expensive buildings, ongoing advertising budgets or high wages. This enables them to pay higher returns to their depositors. They operate the same way as banks do in the U.S. and, In fact, use the same channels and clearinghouses.



WHAT IS INVOLVED IN SETTING UP AN OFFSHORE TRUST?

An offshore trust involves four parties:

SETTLOR — He or she creates and funds the trust, appoints the Trustees and names the Beneficiaries. The Settlor must own the property he or she transfers to the trust and have full legal authority to transfer assets. Any person who has, under the law of Belize, the capacity to own and transfer property may be the settlor of the Trust. The settlor may also be the trustee, beneficiary or protector, although this is not recommended. The settlor cannot be a resident of Belize, in order to comply with the "exempt" ruling for the Trust.



The settlor’s position is this:

He or she is the person who initially wants to settle the trust. He or she contracts with the trustee to accept the initial contribution of money into the trust in exchange for the Trust Certificate Units (TCUs). He or she then issues a letter of wishes for the distribution of the TCUs to the Beneficiary. After that, the Settlor steps out of the picture, and no longer has any active management duties or ties to the trust funds.



Under the law of Grenada any person who has the capacity to own and transfer property may be the Trustee of the trust. The Trustee may also be a corporate or artificial entity. The Trustee may also be the Settlor, Beneficiary or Protector. The trust document specifically states that the Trustee does not have to be a resident of Grenada.



Once the trust is formed, the Trustee has the daily duty of maintaining the Minutes concerning any activity of the trust. If the trust decides to purchase or sell some of its assets, these must be recorded in the Minutes of the trust. If the Trustee should so choose, he or she may decide to delegate some of the day-to-day operations of maintaining the trust to another person, called the Managing Director or the General Trust Manager. If no other person is appointed, the TRUSTEE retains those duties.



TRUSTEE — The Trustee is appointed by the Settlor to manage the trust for the benefit of the Beneficiaries. Selecting the right Trustee is very important because the Trustee completely controls the trust. As a Settlor, you should never be the Trustee if you want creditor protection. You must appoint one foreign Trustee. Foreign Trustees are plentiful and professionally qualified to administer offshore trusts. Most are chartered accountants or attorneys who have passed special examinations. There are also trust companies as well as banks which are institutional Trustees.



BENEFICIARIES — Beneficiaries are those who benefit from the trust and receive trust income and or assets. Those whom you want the trust to benefit during your lifetime, or who will inherit the trust assets after your death. Beneficiaries can be either named or unnamed. You can name individuals or name a group or class such as “All surviving children.” Not only can you designate the Beneficiaries by name or class, but they can also be profit or non-profit corporations, associations, partnerships, other trusts or any other American or foreign legal entity. An unnamed Beneficiary can be a “bearer” beneficiary. The trust can issue bearer certificates with no name. Whoever holds the certificates in their possession are the beneficiaries of the trust. As the Settlor, you can expand, contract, terminate or shift beneficial interests at any time, subject only to the Trustee’s agreement.



PROTECTOR — The Protector is the individual, company or corporation who oversees the Trustee. The Protector, like the Trustee, protects the intent of Beneficiaries. The Protector more specifically prevents misdeeds by the Trustee. The Protector can only veto Trustee decisions that appear Inappropriate by the Trustee. The Protector cannot force the Trustee to undertake an act, but can prevent Trustee actions. Example: A Trustee may require the Protector’s approval to sell investments or withdraw funds without the Settlor’s approval. In this case, the Protector verifies the Settlor’s approval. The Protector insures that the Trustee acts in best interest of Beneficiaries. The Protector’s most important power is the authority to replace the Trustee. It is through the Settlor’s authority to change the Protector, and Protector’s authority to change the Trustee, that the Settlor indirectly controls the Trustee and the trust. You could be both the Protector and the Settlor, but that would open you up to liability because a U.S. court could decide that you control the Trust, thus forcing you to turn over assets to satisfy creditors. Foreign Protectors place the Protector beyond the reach of an American creditor’s subpoena and the power to examine the Protector under oath. The protector cannot live in Grenada in order to satisfy the requirement of being an exempt Trust.



HOW DOES THE SETTLOR COMMUNICATE INSTRUCTIONS TO THE TRUSTEE?



The Settlor sends a “Letter of Wishes” that contains the instructions or request. The Settlor can, for instance, ask the Trustee to send funds, request a change in Beneficiaries, make new investments, request a loan to himself or another Beneficiary, or appoint a new Trustee or Protector. While it appears that Trustee has full control and authority, the Settlor, in fact, has considerable control over the trust and the Trustee. It is in the Trustee’s best interest to take care of the Settlor’s reasonable requests; otherwise the Trustee will be out of a job.



When it comes to offshore trusts, the most common question is “How do I know I can trust the Trustee?” After all, when someone, particularly a stranger in another continent, controls your money, you have a legitimate concern that the Trustee may embezzle, squander, lose your money or make bad investments. In reality there is very little basis for this concern. Foreign Trustees are known to have impeccable track records for honesty and prudence. In fact, we have never heard of one instance where an individual has ever lost one dollar to theft by a foreign Trustee.



In addition to the inherent honesty of the Trustee, an offshore haven cannot afford an embezzlement scandal. They make their money by building confidence to attract foreign investors. If, for any reason, a Trustee should prove dishonest, the tax haven will move towards making quick restitution because they cannot afford nor do they want the negative publicity.



WHAT HAPPENS WHEN THE SETTLOR DIES?



One of the greatest benefits of an offshore trust is that it is “heir conditioned!” Normally, upon the death of the Settlor the assets will be distributed according to trust provisions. The final Beneficiaries and method of distribution are kept on record through a Letter of Wishes or a series of letters that reflect changes. The trust ordinarily provides that it will solve upon Settlor’s death, or after a certain number of years the assets will go to the remainder of the Beneficiaries.



HOW DO MY HEIRS TAKE OVER UPON MY DEATH?



If your heirs are the beneficiaries of the trust, there is no change needed. The Successor-Trustee takes over and conducts business as usual. If your heirs were not the Beneficiaries at the time of your death and would like to be afterwards, the present Beneficiaries need to relinquish their position and have it cleared by the Trustee. If your heirs simply want to control the assets like you did before your death, you will need to make sure their names are established as “Successor Trustee” in the appropriate minutes. That way, in the event of your death, they automatically take over your position as First Trustee.



WHAT IS A TRUST CERTIFICATE UNIT AND TCU HOLDER?



A trust Certificate Unit is similar to a stock certificate in that it represents ownership to an asset or group of assets. A trust may have any number of certificates issued. The Settlor designates exactly how the TCUs are divided. The trust can be issued one Bearer Certificate to be transferred to the beneficiary of your choosing upon your death.



WHAT A TRUST ISN’T:



Þ Not a bank account

Þ Not an investment account

Þ Does not have a “return” (until invested*)

Þ Not usually registered or recorded

Þ Has no reporting or accounting requirements

Þ Assets not subject to taxation

Þ Assets not subject to probate or estate duties

Þ Does not need an attorney/accountant to set up



* Funds only invested by Trustee.



HOW CAN AN OFFSHORE TRUST PROTECT MY ASSETS?



To own property in today’s litigious society is a liability. The government wants you to own property because it is in their best interest and a major source of tax dollars. Attorneys will tell you about “Living Trusts” and wills, but they do not want you to know about benefits of an offshore trust because it eliminates the need for probate, (attorneys biggest source of income). It also shelters your assets so it becomes unprofitable for attorneys to sue you. An offshore trust discourages litigation three ways.

¨ First, it provides secrecy. The creditor or plaintiff in\a lawsuit doesn’t know how much money you have, which usually stops many potential lawsuits before they start.

¨ Second, an offshore trust will convince even the most determined plaintiff that it would be difficult if not impossible to collect, whether they won or not. The asset settles for pennies on the dollar, if you choose to do so.

¨ Third and most important, a judgment creditor cannot seize your assets under any circumstances.



This also applies to the Beneficiaries. The Beneficiary’s creditors have even less power to reach assets because the Beneficiary has no vested Interest in the Trust. In the event the Beneficiary becomes insolvent, or any part of his property becomes liable to seizure or sequestration for the benefit of creditors, the Trustee has the right to minimize the Beneficiary’s interest in the Trust. This is designed to protect the Beneficiary against his or her own incompetence or Inability to handle money or property. For added protection, the Trust has a spend-thrift provision that prevents the Beneficiary’s creditors from seizing undistributed assets.



An offshore trust is also the safest alternative if somebody is already after your assets. The fact that creditors knows about the trust will not give them claim. A court cannot touch assets in an offshore trust even though the American Settlor-debtor is under court provisions. Even though the court knows about the assets, the court still cannot compel a debtor to do what the debtor has no legal power to do. Only the Trustee has the power to return assets titled to a trust. By the terms of the trust, the Settlor, as judgment-debtor, cannot compel the foreign Trustee to return assets and therefore cannot be held in contempt of court for failure to do so.



If somebody is already after your assets, there are many ways to protect yourself with an offshore trust. You can loan yourself back your own money and encumber your assets to secure payment. You could take a second mortgage loan from the Trust with payments so high, and repayment terms so unattractive, that creditors would not pursue your home. Since you indirectly control the trust, you can adjust the loan in many ways.



Another way is to borrow money from the trust through a Shared Appreciation Mortgage. You borrow money from the trust and agree to repay the loan at a lower rate of interest in exchange for the trust receiving a share of the pledged property’s future appreciation. The profits eventually go to the trust are tax-deductible to you, and are tax-deferred until your death. In the meantime, the Shared Appreciation Mortgage shields future equity buildup from creditors.



Does your business have accounts receivable? You could sell them to the trust at a big discount (this is called factoring.) If you sell them for 50¢ on the dollar and you have $10,000 in receivables, your business will receive $5,000. When the receivables are collected, the trust will have $10,000, which gives the trust a non-taxable income of $5,000. The possibilities are endless. Keep in mind that it is fraudulent to transfer assets after legal action has been undertaken. However, even under these circumstances, the court still cannot compel the Settlor-debtor or the Trustee to remove the assets from the trust. The offshore trust breaks the chain of legal ownership between the Settlor a

Del 2



Does your business have accounts receivable? You could sell them to the trust at a big discount (this is called factoring.) If you sell them for 50¢ on the dollar and you have $10,000 in receivables, your business will receive $5,000. When the receivables are collected, the trust will have $10,000, which gives the trust a non-taxable income of $5,000. The possibilities are endless. Keep in mind that it is fraudulent to transfer assets after legal action has been undertaken. However, even under these circumstances, the court still cannot compel the Settlor-debtor or the Trustee to remove the assets from the trust. The offshore trust breaks the chain of legal ownership between the Settlor and assets. The anti-duress clause in a trust further provides that the Trustee must ignore any request from the Settlor or Beneficiary that is made from a court order. The creditor or plaintiff could try to file claim in the tax haven, but the laws of such places are structured in such a way as to make it difficult, if not impossible, to collect. Even if a creditor were successful, the Trustee will evoke the flight provision feature of the trust by exercising his or her right and move the trust to new haven, forcing the creditor to begin legal action again. As you can see, an offshore trust is your best legal alternative to protect yourself without illegally concealing your assets. With a trust you can be both truthful and safe.



HOW DOES AN OFFSHORE TRUST AFFECT BANKRUPTCY?



It is essential to truthfully report to the bankruptcy court all recent transfers to a trust that you may have an interest in. Dishonest reporting in bankruptcy is fraud. On the other hand a bankruptcy court has the same recovery powers as an individual creditor. As long as there are at least two or more discretionary Beneficiaries of the trust, the Trustee is under no obligation to distribute assets to the bankrupt Beneficiary. Assuming you are one of the Beneficiaries, a Bankruptcy court cannot compel the Trustee to turn over assets transferred to the Trust under any circumstances.

CAN THE IRS SEIZE ASSETS IN AN OFFSHORE TRUST?



The manner in which the IRS treats the U.S. citizen has done more to encourage taxpayers to move their assets offshore than any other factor. Unfortunately, the position of the IRS, which is “guilty until proven innocent,” has ultimately undermined and destroyed American patriotism. What is the government’s response? Expand the authority of IRS.



Taxpayers with serious IRS problems frequently sell or mortgage their assets and then transfer their liquid wealth to the offshore trust before a tax lien is levied. The only way a taxpayer’s assets are safe from IRS seizure is to be sheltered offshore. A safe tax haven will not enforce IRS levies or summons or cooperate with the IRS to discover or seize trust assets. This is why it is important that the trust be located in a foreign haven that does not have reciprocal agreements with the U.S.



COULD THIS HAPPEN TO YOU?



Many people mistakenly believe that if they have a corporation they are safe from judgments and creditor claims. Even if you have a corporation, your personal assets may be seized to satisfy an IRS judgment against your corporation. You could lose your home, automobile and all your personal possessions. Roughly two-thirds of the owners of U.S. corporations are sitting ducks for this sort of legal action.



The sudden seizure of your assets could result in something as simple as failing to keep complete corporate records. For example, someone brings a frivolous lawsuit against you and your corporation. Their attorney subpoenas your corporate records. Or during a routine IRS audit the auditor asks to see your corporate records. In both cases your corporate records are not up to date or are incomplete. At that point it is too late to “fix them up” as many people try do under such circumstances. You’re in trouble.



Here is a worst case scenario. The IRS pierces your corporate veil, denies tax benefits, and socks you with a huge tax bill. You can be ground up like sausage.

Þ You can’t pay and they file a “Notice of Tax Lien.” This liens all your property, real and personal.

Þ You try to borrow money to pay the bill, but you will find your credit rating has evaporated overnight because of the tax lien.

Þ Your bank account is attached regardless of how many checks you have outstanding.

Þ They levy a lien against your outstanding investments. Bankruptcy does not stop them.

Þ Your salary and your spouse’s salary are garnished.

Þ They obtain a “Writ of Entry” and seize your safety deposit box.

Þ They eventually grab your IRA or other retirement plan and the cash surrender value of your insurance.

Þ Without notice of foreclosure, your real property and liquid personal property could be sold with no minimum bid.

Þ If that doesn’t pay the bill, IRS will attach your pension.

Þ If you are clever enough to die, they will come after your estate.



As with bankruptcy, all asset transfers to a trust and legal or beneficial interest in a trust must be disclosed to the IRS when it attempts to enforce collection. However, even if they know about it, they cannot seize assets, nor can they force you to remove assets in an Offshore Trust under any circumstances. Remember, you no longer own the assets. The Trustee owns the assets and will not allow them to be seized under any circumstances.



WHY DO I NEED ALL THIS SECRECY IF I HAVE NOTHING TO HIDE?



Privacy is a dirty word to bureaucrats. Consequently it is virtually extinct and unavailable in the United States today. The government neither respects nor guarantees your privacy. Your private records are not protected. Our debt-ridden government wants a bigger bite of your wealth so it searches harder and harder each year for more dollars for more taxes to confiscate from you and your family. They use any excuse including National Security and Crime Prevention to invade your financial privacy. Your financial records can be subpoenaed not only from you but from your bank, accountant, investment broker, or financial planner. The United States government has at least 30 active files on you as a typical American. If you are a high profile individual they may have 100 or more files which they freely share with anyone who wants to know about you.



Think your income tax information is confidential? Think again! New rules enable the IRS to hire outside contractors to process tax return information. The new rules state that providing tax return information to outside companies will not violate taxpayer confidentiality. Common sense says that anyone, other than the IRS, who has access to YOUR tax return has the ability do whatever they want with them. This is why they are no longer confidential! In addition, laws force you to expose your every financial detail to any litigant, creditor, tax collector, ex-spouse, prospective heir, competitor or other curiosity-seeker. Even though your assets may never be threatened, your personal affairs are an open book.



YOU AND YOUR BANK!!



Did you ever read the fine print on the signature card your bank gets you to sign when you open an account? It reads: “The undersigned hereby agrees to abide by all the rules of the bank.” Did you ever see those rules? What you have actually done is agree to abide by all the administrative rules of the Secretary of the Treasury (i.e., the government) You have in fact signed a contract with the government, Voluntarily waved your right to privacy, and agreed to be accountable to the state. Is that what you really want? A partnership with the government? While it may not be practical for most people to get out of the banking system altogether, through the use of a pure trust you can minimize this problem or even eliminate it entirely by establishing an affordable international business corporation (IBC) with a private offshore bank account. The government then knows nothing of your banking business and, as demonstrated by the highlighted press release, has no way to find out. Now, doesn’t that sound like a better arrangement?



IS MY SOCIAL SECURITY NUMBER CONFIDENTIAL?



NO. Your Social Security number is the most frequently requested identification number used in America today. Initially, Social Security numbers were used for only one purpose — to keep track of Social Security benefits. Then it was used to keep track of federal tax information.



Over the past decade there has been an explosion of information available through sophisticated computer databases. It didn’t take long for other sources to realize that using your Social Security number would be an easy way to identify you and keep track of information about you. Banks, credit card companies, landlords, doctors, dentists, insurance companies, lenders, employers, schools and credit bureaus almost always require it as a condition of service. Through decades of blind and unquestioned cooperation, most Americans have freely and voluntarily given up their rights to privacy by automatically giving out their Social Security number to anyone who asks for it.



Although it has become commonplace for others to ask for it, is important to understand that you are not required to give out your Social Security number to any company, individual, or business that does not affect the revenue for your Social Security account. That includes your creditors, credit bureaus, doctors, hospitals, banks, private businesses such as car rental agencies, or anyone else who may want to keep track of you. Under the Privacy Act, Title 5 of the United States Code no state or local government agency can deny you any rights, benefits or privileges if you refuse to provide your Social Security number. The only exception would be any law passed before 1975 that specifically states that you must provide your number to that agency. The Privacy Act, Title 5 clearly states that “It shall be unlawful to deny any individual any right, benefit or privilege provided by law because of such individual’s refusal to disclose his or her or her Social Security number."



You must have a Social Security number to work in the US. Other than the Social Security Administration and the Internal Revenue Service, the only other entity you are required to give to your Social Security number to is your employer. This is necessary to prepare tax records for the above agencies. Your employer is forbidden by law to divulge your Social Security number to anyone. The problem is that just about anyone with a computer who has access to your Social Security number can find out your net worth, credit history, phone number (even if unlisted), phone records, U.S. bank accounts, credit card statements, court records, licenses, what groceries you buy or other information about you that is not supposed to be available.



This information concerning your private life is available to any individual who has the money to pay for it.



It gets worse! As we were preparing this report, we just read an article about a new company advertising on the Internet. They provide a service where you can find the name, address, two previous addresses, month and year of birth, telephone number, maiden name and Social Security number of almost anyone through their web site. Think of what others could do with this information about you! So what’s the solution? You can’t change the information that is already available, but you can start to become invisible by going offshore!



ARE MY U.S. BANKING & CREDIT CARD RECORDS CONFIDENTIAL?



Remember the fine print on the signature card your bank gets you to sign when you open an account? It reads, “The undersigned hereby agrees to abide by all the rules the bank.” Did you ever ask to see the rules? What you have actually done is to abide by all the administrative rules of the Secretary of the Treasury, i.e., the government. You have in fact signed a contract with the government, voluntarily waived your right to privacy, and agreed to be accountable to the state. Is this what you really want? A partnership with government?



THE BANK SECRECY ACT (a misnomer if there ever was one) contrary to its name, wipes out any pretense of privacy. The U.S. government has virtually deputized all bankers to enforce federal policies instead of customers’ wishes. It compels American banks to record customers financial transactions and make them available to any individual, company or government agency with a subpoena. Anyone can subpoena bank records. If they do, every bit of information is available to them.



Your bank must microfilm every check or draft for deposit or collection. Just look at the new reporting requirements imposed on all facets of business and banking. They include, but are not limited to; cash transaction reporting, cash deposit reporting, cash withdrawal reporting and cash transfer reporting. The bank must report to the IRS every cash transaction of $10,000 or more. If you try to avoid this by cashing a series of smaller checks, or making smaller cash deposits under $10,000, you commit another crime called “structuring.” This cash reporting law, more than any other, encourages people to go offshore.



If this is not scary enough, the IRS is setting up a computer program that will compel every commercial bank to screen every transaction of daily electronic fund transfers to look for “suspicious” activity. The IRS is already wired to nearly every bank, now the FBI has powers to seize records and wiretap without a warrant. Consider your credit card account. Your credit card transactions leave a trace forever, to paint an intimate picture of your life for anyone who may be interested. Whether you realize it or not, you write your biography with credit card slips every time you make a purchase. This is especially true if you buy socially or politically “incorrect” publications, products, etc. You can be sure that credit card lists are routinely purchased by intelligence, tax and government sources. And while you may have nothing to hide now, maybe someday you will find that this information will be detrimental to your current situation. These are just a few reasons to consider an international MasterCard or VISA debit or credit card tied into your offshore trust. Since offshore banks do not require a Social Security number or any other identification number, an International credit card will allow you to make purchases, pay bills and withdraw money from your trust with privacy and confidentiality. While it may not be practical for most people to get out of the banking system altogether, you can minimize this problem or eliminate it completely by establishing an affordable offshore trust and/or IBC, plus an international debit or credit card. The government then knows nothing of your banking business. Isn’t that a better arrangement?



CAN I REALLY GET TRUE FINANCIAL PRIVACY OFFSHORE?



Most secure tax havens guarantee privacy and secrecy through strict bank secrecy laws that protect all banking records against disclosure either to a government or private source. All have blocking statutes that prohibit disclosure, copying, inspecting or removing documents, even under a foreign court order. Your offshore bank cannot legally divulge information about you to anyone, unless there are U.S. treaty provisions to the contrary. They are also jurisdictionally immune to service of process, which effectively bars writs of disclosure or attachment orders. Under no circumstances, whether it is a civil lawsuit or criminal investigation, is an offshore bank required to disclose protected information. Most secure tax havens severely penalize secrecy law violators. In fact, they go to jail if they get caught snitching on their depositors. Should anyone working in one of these offshore banks even so much as say “Yes” if asked if you have an account with the bank, severe penalties, fines and/or imprisonment could result for that non-complying bank employee. You are fully protected from anyone knowing about any transaction or correspondence, verbal or non-verbal, concerning your offshore finances. This extends to your agents, representatives or anyone else involved with your offshore finances. You can also sue your offshore banker or any bank employee if he or she violates the law.



If you want complete privacy, not partial privacy, it is important to do business with a country that does not have treaties with the U.S. This is the only way you can be sure that no government process or court can compel disclosure. Any foreign government that relies on the U.S. for financial support, trade or business is subject to economic, legal and political pressure. (read “blackmail”!). There are, however, several countries that will not buckle under U.S. pressure. Another important aspect of privacy and secrecy concerns proprietary secrets, formulas, plans, copyrights, etc. They can be owned by an offshore trust and licensed to your U.S. Company. Should your U.S. company be subjected to a subpoena or compulsory disclosure, the trust will protect these trade secrets with proprietary rights from creditor claims.





WHAT ARE THE U.S. REPORTING REQUIREMENTS OF AN OFFSHORE TRUST?



It is not within the scope of this report to give tax or accounting advice. However, the following information may be useful in considering your options.



It is important to understand that an offshore trust is governed by strict confidentiality laws and that you are guaranteed complete anonymity relating to all dealings. This is why the IRS or any other government agency has no way of knowing about the existence of an offshore trust. Furthermore, even if the IRS knows the trust exists, it cannot compel the Trustee to reveal any information concerning the trust. You are also under no legal obligation to reveal the content or balance of the offshore trust to any authority. Since the IRS does not receive a 1099, W2, K1 or any other information whatsoever from an offshore bank or trust, you are on the honor system to report the necessary information when and where required. To keep within current tax regulations, you are required to declare the existence of your trust on your 1040. According to Section 679 of the tax code, U.S. taxation cannot be imposed upon earnings or assets of a non-domestic irrevocable discretionary trust unless all four of the following conditions are met by the Settlor of the trust:

1. A U.S. citizen transfers property or money to a trust.

2. The transfer to the trust is either direct or indirect.

3. The trust is a foreign trust.

4. The trust has a U.S. Beneficiary.



If all four conditions are met, you are supposed to voluntarily report and pay taxes annually on all income and gains earned by the trust, even if they are not distributed to anyone. For maximum tax benefits you do not want all four of these conditions to be present. However, if you eliminate just one condition, then ALL FOUR conditions are not met. In essence, the trust continues to provide a tax shelter if you eliminate one of the four.



You cannot eliminate the first three, but the fourth requirement can be eliminated by making sure that the Beneficiaries are either non-U.S. citizens or a non-U.S. corporation such as an IBC, or the Beneficiary Certificates are “bearer” certificates. This means that no name is listed on the trust as a Beneficiary. The person or persons holding bearer certificates are the Beneficiaries. The above set-up insures that income earned by the offshore trust is tax-free. The trust income is then 100% owned by the fiduciary, who is the foreign Trustee. Under these circumstances, the Settlor or Beneficiaries pay no current tax and will not owe any tax on the trust accumulation, corpus or income, until they receive distribution.



It is also important to note that even if the trust meets all four conditions, the IRS still cannot compel the Trustee to turn over trust assets, even if you have tax liabilities. Also, the four conditions listed above only affect taxation. They do not affect creditor or lawsuit protection in any way. You still are 100% judgment proof.



Ultimately, you must pay tax on any withdrawals made from the trust. However, if handled properly, few if any withdrawals should be paid directly to you personally. In most cases, a loan, expenses paid directly by the trust or use of the trust property is not considered income. Through the proper use of an offshore trust, it is not necessary for anyone to illegally evade taxes or violate the tax laws. You can use the law to legally reduce, eliminate or delay payment of taxes as the rich have been legally doing for decades. If in doubt concerning any of the above, check with your attorney, accountant or tax consultant.



CAN I USE AN OFFSHORE TRUST TO PROTECT ASSETS IN DIVORCE?



This is just one more reason why you should establish an offshore trust. Keep in mind that assets of an offshore trust can not be touched by your spouse or lover through a court ordered judgment as the result of any personal relationship gone sour. Unhappy spouses who contemplate divorce often shelter marital assets in an offshore trust. Even though your spouse can never find out about these assets if you choose not to tell them, you must be truthful and disclose assets to the divorce court. While the divorce court cannot recover those assets, they could award your spouse a disproportionate share of your U.S. based assets to compensate for sheltered assets. Also, they can award additional compensatory alimony or support. The bottom line is that an offshore trust should be used to protect your share of assets from your spouse, not to cheat your spouse.



HOW CAN ASSETS BE LEGALLY TRANSFERRED TO THE TRUST?



Occasionally you will hear about individuals who have offshore accounts that were discovered in the course of an investigation by either a private investigator or a government agency. The reason for this is not because the offshore haven revealed information about the individual, but because of the way in which the individual either transferred or repatriated the assets. If you want your financial affairs to remain totally private, it is important to keep all your finances separate. You should have your public world where you know that anyone can find out anything about you, and you must also have your private world where it is difficult if not impossible for others to snoop into your financial affairs. For absolute secrecy, you must keep both separate.



It should not be necessary to include this information as part of this report. In a free society an individual should be able to transfer any amount of money in any form anywhere in the world without government interference. Of course, we must remember they are doing this for our own good If you believe that, it’s time to wake up from the anesthesia. It is worth repeating that the situation is only going to get worse. All this shows a continuing effort to control the public’s cash and limit their privacy.



Since the government and other exploiters exercise control with paperwork and computers, your primary objective is to get off all computer lists and registrations of any kind. Once you have transferred your assets into the trust, you will not own anything. If the government and other exploiters don’t have you on record, they will cease to be interested in you and cease to exercise power over you. If you want to maintain privacy, the most secure strategy is to legally but indirectly transfer your assets. This means you do not directly transfer assets between your U.S. accounts and your offshore accounts. There are many options. You can withdraw the U.S. assets yourself and then mail them or send them by courier such as FedEx or DHL Worldwide. They can either be sent directly to your offshore account or to your offshore agent who will deposit them for you. You could also have an IBC, send the assets to the IBC first and then have the IBC transfer the funds to your trust. There is no need to maintain privacy between offshore accounts once the money is offshore because no one can discover transfers between these accounts due to the strict offshore secrecy laws.



The most common way to transfer assets is through the U.S. mail. You can legally send a check or money order for any amount offshore. To maximize privacy, never use a personal check, even in small amounts. If you desire additional secrecy, do not have your name on the money order. Instead, send a side letter with instructions to the bank or trustee. Always use international money orders.



Unfortunately, it is becoming more and more difficult to use cash in the U.S. banking system. A friend of ours went to buy a cashier’s check for $2,000 at his or her own bank, where he maintains a checking account, and they would not take his or her cash! They said they would give him the cashier’s check, but according to bank policy, he first had to deposit the cash into his or her account! Fortunately, you can still purchase international money orders for cash at many other outlets. The fastest way to send money is through electronic bank transfer. Usually the transaction is completed in 48 hours. However, remember that bank wire transfers over $3,000 are recorded for your own good! So if privacy is a consideration, a bank wire transfer is not the most secure method. If you want to send small amounts, you can wire money through Western Union. They are not required to report transactions.



You could buy bonds under $10,000 that you are not required to report to Customs, and mail them instead of money orders. You can also transfer funds through your attorney’s trust account. Attorney records are privileged unless the attorney is involved in a client fraud scheme. Even then, it will be difficult to check attorney records.



It is possible to physically carry your money offshore, but it is expensive and inconvenient. Remember, you must report $10,000 or more per person in cash, travelers checks or bearer currency. At this time, diamonds or gold are not considered bearer currency and are not reportable. They can easily be converted into cash. However, never try to evade Customs reporting. Not only is it against the law, but the penalty can be up to 20 years in jail!



For real estate, the easiest way is to transfer property is to use a “quit claim” deed. This relinquishes your ownership in the real property — but it does not remove your obligation under the “mortgage or note” on which you pay the promised balance. For automobiles, the best way to avoid the minimum tax on the transfer of the title is to go to the registration office and pay a small fee to add a name to the title. Then you wait about 30 days and go back and pay the fee again to remove your name from the title, thus leaving only the trust name on it.



All other items can be transferred to the trust by simply using a “Bill of Sale.” It should clearly state the value and date that the transfer was made. The Bill of Sale is made a part of the trust documents and Minutes, which become a part of the permanent record of the trust activities.

Del 3 Part 3


HOW CAN FUNDS BE LEGALLY ACCESSED FROM THE TRUST?



Let’s assume you opened your offshore trust, sent your money to the trust legally, whether directly or indirectly, and now you want access the funds. First of all, understand that Uncle Sam will lay claim to his or her share of every dollar earned abroad and brought back to this country, so don’t plan to bring back your funds unless you are willing to be taxed on them. If you wish to indirectly repatriate funds, you would reverse the process outlined above and re-channel funds to the U.S. through offshore intermediaries.



However, there are many ways to have access to the funds without ever directly repatriating your money. One way is to have the trust lend you money at a low interest rate. You can keep renewing the loan and just pay the interest. This is a loan, not a withdrawal, because the trust owns the note and you owe the money. The trust can also indirectly pay for expenses such as rent, utilities, telephone, or own real property and allow you to have the use of the property rent free.

Another way to access funds is to have the Trustee, through a Letter of Wishes, distribute funds to any Beneficiary, spouse, relative or friend. Of course, they will be responsible for paying tax on the income even though the trust does not report the income to the IRS.



CAN THE TRUST MAKE INVESTMENTS?



Absolutely! trust funds or assets are invested at the request of the Settlor or Beneficiary. Many options such as stocks, bonds, mutual funds, real estate, precious metals, annuities are available. You many invest anywhere in the world, onshore or offshore. For the most part, you will be able to obtain higher interest rates and a greater return on your investments offshore. The best part is that the Trust’s income from these investments is tax-free until distributed! Finally, one of the best ways for you to access funds is through an international credit or debit card such as Visa or MasterCard. You can use the card and have the offshore trust pay the balance. This eliminates the need to wire funds or have funds sent directly to you at additional expense.



YOU MUST ACT TODAY TO PROTECT YOUR WEALTH TOMORROW



In a perfect world there would be no restrictions against an individual using, spending or even hiding your legally acquired assets in any way he wants to. Unfortunately, in the real world, others believe that your property is theirs to re-distribute. The fact that you have read this report this far indicates that you already question authority. Blind obedience is not one of your virtues. Even though politicians tend to regard us as an expendable resource, you presumably value yourself as a sovereign individual who can, and will, control your own destiny. It’s time to realize that it is not un-American or unpatriotic to seek tax shelters and judgment-proofing, to seek privacy and confidentiality, and to find out what is going on in other counties that may benefit us. Not everything in the USA is necessarily the best and most secure.



As we have seen, it would benefit almost any citizen to have an offshore trust. Let’s review the main reasons.

Þ You may become one of the twenty million Americans who owe the IRS back taxes, interest and penalties that you can never repay.

Þ The chance of a lawsuit being filed against you in any given year is 1 in 4.

Þ Your corporation is too easily pierced.

Þ Bankruptcy will exempt fewer assets.

Þ Your insurance covers fewer claims.

Þ You may become a victim of new laws being enacted that give both the federal and state governments more power to freely seize assets.

Þ You may be stricken with a catastrophic illness that could wipe out your assets.

Þ You may be the one in two couples who will get divorced.

Þ Any one of these situations could affect you in the future. You cannot afford to wait until you are in deep financial trouble. You must prepare now.



The solution is an offshore trust that will give you an impenetrable financial fortress to:

P ass wealth on to your heirs tax free

R educe or postpone all forms of taxation

O pen education and retirement funds

$ urvive financially during and after a divorce

P lan your investment portfolio

E liminate probate and estate taxes

R etain what you worked hard for





T ax avoidance legal and simple

R eal judgment-proofing with no liability

U ltimate secrecy, privacy and confidentiality

$ helter against lawsuits from creditors and bankruptcy

T rue financial freedom



A FEW MORE TIDBITS OF INFORMATION

RE: TRUSTS AND OTHER OFFSHORE SERVICES



DID YOU KNOW?

PRIVACY AND CONFIDENTIALITY

Privacy is a dirty word to bureaucrats! Consequently it’s virtually unavailable in the USA! Privacy however, is still available offshore! Offshore is not out of bounds and it can be safe. Offshore is not synonymous with revolution, danger, risk, or scams.



DID YOU KNOW?

By setting up what is called a Charitable Remainder Trust you can legally eliminate capital gains tax and/or any tax on the sale of your stock, business, home, lottery winnings or any type of profit-potential transaction. You must have the Charitable Remainder Trust established before the close of the sale!



DID YOU KNOW?

In common-law countries, spouses and ex-spouses can successfully contest the terms of wills and divorces if they can convince juries that they have been inadequately provided for. Trusts in offshore centers have never been challenged successfully on such grounds because legal procedures make it clear that the wishes of the trust creator are paramount to other concerns.



DID YOU KNOW?

Some countries do not recognize the division between individual assets and trust assets. Fortunately most countries do recognize the legal codes of the offshore centers in relation to assets and individuals. In many common-law countries where divisions between assets are recognized — such as the United States — protections are not as strong as in the offshore financial centers. As a result, trust assets could be attached to satisfy some claims.



DID YOU KNOW?

The IRS recently declared that the number of millionaires filing federal income taxes rose 33% between 1985 to 1994. And that’s not counting those who didn't file and those who sought tax shelters and tax havens. It does illustrate, however, that the opportunity to become a millionaire is still available to those who still believe in the American Dream.



DID YOU KNOW?

In Belize City, Friday, January 20, 1995, the Belize Court made a landmark decision asserting Grenada’s sovereignty as an Offshore Financial Jurisdiction. The Supreme Court of Belize upheld the country’s confidentiality laws by revoking a previous court order set in motion by the US Securities and Exchange Commission requesting that confidential documents belonging to Swiss Trade and Commerce Trust, Ltd. be handed over to them.



The decision is expected to have major international repercussions as the world financial community looks to offshore and its new offshore services industry. It is certainly a shot in the arm for the offshore industry because it is an industry that is just beginning. A country’s ability to assert its sovereignty without the interference of outside forces, such as the United States is a major factor in choosing a place to invest and protect personal property. The decision clearly shows the SEC stepped out of bounds to obtain confidential information, the matter having been urged on both sides by learned Queen’s Council.



The case arose after the SEC appeared at Swiss Trade’s office on March 3, 1994 with the expectation that they would be able to just take the files and leave the country with them, with no regard whatever to Belizean law. The quick reaction of company employees prevented any further disregard for the law on the part of the SEC and its Belizean lawyer, Eamon Courtenay, who previously had been the lawyer for Swiss Trade.



DID YOU KNOW?

EVERYBODY NEEDS A TRUST!

In case you still have doubts or are having trouble convincing some prospects, consider this.



“THE LIABILITY OF OWNERSHIP”



“The American Dream” (what people used to want to immigrate to the USA for) used to be to own property. In today’s litigious society, to own has become a liability. We all know that 1% of the population controls 90% of the wealth, and almost all of them have a trust. Only government and attorneys want us to continue “owning.” Sure they do; it’s their best source of income — Government through taxes and attorneys through litigation. Did you know that 2/3 of all the world’s attorneys live and practice in the USA? That means tremendous competition for income. That’s why most attorneys don’t want you to know about the benefits of pure trusts (they only tell you about living trusts and wills). Pure trusts eliminate the need for probate (attorneys biggest source of income). Pure trusts also shelter your assets, so it becomes unprofitable for attorneys to sue you. You no longer own anything. Did you also know that the average successful litigant collect only 15% of a settlement? The rest goes to attorneys’ fees and costs.



Don’t wait until you too become a 1 in 4 victim. Take responsibility for and control of your own affairs. Manage your assets through an offshore trust.



Robert Kennedy, ex-Attorney General of the US called Probate “a political tollbooth extracting tribute from widows and orphans.” Watch for graduated increases in death taxes, inheritance taxes and probate fees. The high cost of dying is not the funeral; it’s the legal and administrative cost of getting the estate through probate. A pure trust removes you completely from the “statute law system,” giving you privacy of your personal and business affairs and judgment-proofing. Government and attorneys can’t take anything from someone who owns nothing.



Irrevocable - discretionary

An offshore individual common-law pure trust is

your best protection.

JOIN PILL

The “Heir” Conditioned Financial Plan

You’re Invited!



We invite you to become a PIL Associate Member by completing the Application and Registration, and enjoy all the offshore benefits offered through the membership.



The most frequently asked

questions about PILL



WHO: Don Shaw and Jay Savoy, two sexagenarians with over 50 years of marketing experience between them. Both ex-military, retired (several times) U.S. citizens with considerable MLM knowledge, decided it was time to bring the Common-Law Trust and its benefits to a maximum number of people who need it.



WHAT: An affordable individual Common Law Trust located offshore, as tax shelter, judgment proofed and asset protector.



WHY: Because of frustration with government bureaucrats, the economy, loss of freedom, security, privacy, standard of living, and independence, it was time this fantastic secret the rich have been hiding for years was brought to the attention of the largest group possible. (MLM is helping us do this). DO YOU HAVE YOUR SHARE?

That’s the question that gave birth to Prosper International League Ltd. We read a statistic that said: “For every man, woman and child in the entire world, there is one million dollars, if it were divided equally.” We went even further with the question, “Do you have your share of: freedom, security, privacy, confidentially and success?”



As we asked ourselves these questions, we realized how we were being robbed of “our share” of these important ingredients of life. Every day the out-of-control growth of government and bureaucracy is depriving us of our God-given and Constitution protected rights to freedom, privacy, security, work, success, prosperity, independence. These are reasons our forefathers came here. Where did it all go? What to do about it?



SHELTER YOUR ASSETS! GET AN OFFSHORE TRUST!

WHERE: Grenada, West Indies Well located, sound government, 90% literate, English speaking, strict privacy laws, recent trust and banking laws, totally independent, no tax treaties, ideal tax haven, still reasonably priced.



WHEN: We started an International Business Corporation (IBC) in Grenada in early 1994, taking several months to set up banking, trustee, and offices. In Mid 1994 we started marketing PILL.



Now you can enjoy all the benefits and advantages of an Individual offshore trust at low cost or no cost, without the complex documentation and legal fees. We would like to introduce you to the

PROSPER TRUST.



WHERE IS THE PROSPER TRUST

LOCATED?



The Prosper Trust is located in Grenada. Why Grenada? Grenada is a small, lightly populated country with excellent communications and easy access by sea, land or air. The official language is English and their citizens are 90% literate. Grenada is an independent country and a member of the British Commonwealth and the United Nations, with a stable parliamentary system of government. They actively seek offshore business and have no tax treaty with the United States.

The Grenadian Law on Trusts, is extremely clear on what is allowed and what is not. It leaves very little room for uncertainty. In 1996 Grenada rewrote their laws to be clearer, concise, flexible and above all, more in tune with people desiring an offshore trust.



Their similar confidentiality and privacy laws as Belize, were recently tested in the Belize courts and they have stood squarely behind them. In a landmark decision in 1995, Belize upheld the country’s confidentiality laws by revoking a previous court order set in motion by the United States Securities and Exchange Commission requesting confidential documents be handed over to them. This decision has had major repercussions as the world financial community looks to Grenada.



The country’s ability to assert its sovereignty without interference from outside sources is a major factor in choosing a place to invest and protect personal assets.



A trust in Grenada does not require a Social Security number or any other identifying number, and has no reporting requirement whatsoever. You can keep your financial affairs completely confidential and your property safe from claims, judgments, or bankruptcy proceedings. Grenada is also an excellent place to retire.





Most experts agree that the following criteria qualify Grenada as a good retirement haven:



Þ Moderate weather and climate.

Þ Reasonable cost of living.

Þ Available adequate healthcare facilities.

Þ Long-term political stability.

Þ Primary language - English .

Þ Friendly People.



OUR COMPANY PHILOSOPHY



To treat you with the utmost respect.

To treat you honestly and ethically.

To not take you for granted.

To continually feed you the latest information available.

To practice what we preach - be our own best customer.

To provide you with the latest proven tips and techniques.

To provide you with as many services as possible.



WHO IS THE TRUSTEE OF THE PROSPER TRUST?





PIL—Prosper International Ltd an offshore International Business Corporation (IBC) with an office located in the Bahamas. Pierre J. Gauthier MBA, CFP, is the Managing Director of the Prosper Trust. Mr. Gauthier’s background includes extensive experience in the operations and financial management of several large Central Florida communities and real estate portfolios valued at over $30 million.

WHO IS THE PROTECTOR OF THE PROSPER TRUST?



AvantGuard Bank— is the Protector of the Prosper Trust.



HOW LONG HAS THE PROSPER TRUST BEEN ACTIVE?



This is our 11th year of business. In January 1997 PILL had 8,000 members. At the end of December 1998, PILL had over 18,000 members. That’s over a 225% growth in the last two years alone. January 2000…...28000 members. November 2001 over 43000. Jan 2003 90000. Members are from all over the world with representation from 145 countries.



HOW MUCH DOES IT COST TO SET UP A PIT ?



Normally a trust like this would cost in excess of $2,000. You have many options to earn an offshore trust with little or not cost to you. Later in this report we will show you how you may obtain an Individual trust without cost.



ARE THERE ANY ADDITIONAL HIDDEN CHARGES?



No. The only other cost is a nominal maintenance fee paid to the Trustee, which is about $200 per year. You may pay additional funds directly into the trust.





HOW LONG DOES IT TAKE TO PROCESS MY APPLICATION?



Within 24 hours of receiving your application and payment you will receive your ID number.

After PILL receives your application, usually in 7-10 days, you will be welcomed with a Starter Kit which should arrive in another 10 days. When the trust is activated, you will receive a trust document and instructions from the Trustee in approximately 30 days.



WHEN WILL MY OFFSHORE TRUST BE SET UP?



Your Individual trust is automatically activated as soon as full payment has been received by PILL.

WILL THE TRUST FUNDS BE HELD IN A BANK ACCOUNT?



Absolutely. All trust funds are immediately deposited in the bank account.



DO I NEED TO USE A SOCIAL SECURITY NUMBER, FEDERAL ID NUMBER OR AN EMPLOYER IDENTIFICATION NUMBER?



No. There is no identifying information necessary. Your Social Security number is never required in any transactions either with the bank or the trust.



DO I STILL MAINTAIN CONTROL OVER MY FUNDS?



Yes, and No. Your Trustee has control of the trust. Your access is through a “Letter of Wishes.” The trust is irrevocable and discretionary. This means you have given the Trustee full power and discretion. He has control, and all transactions must go through him. This is the way it should be if the trust is to be effective. That’s the way you want it.



WHO HAS ACCESS TO THE TRUST FUNDS IN THE ACCOUNT?



Only the Trustee of that trust will have access to the funds. The Trustee may transfer funds under the direction of the Settlor or Beneficiary through a “Letter of Wishes.”


CAN I CONDUCT BUSINESS IN MY OWN COUNTRY UNDER THE NAME OF THE TRUST?



Yes. Simply treat this like a real person and you will understand how a trust operates. The trust can buy, sell or trade assets at any time, or start up a new business activity that the Trustee sees fit and appropriate.



CAN I GET A CREDIT/DEBIT CARD TO USE IN MY OWN COUNTRY TO DRAW UPON THE TRUST ACCOUNT?



Yes. PILL will set up an International MasterCard credit account. No SSN# or credit information is required. The card will be issued in your name with a $500 credit limit. Your limit may be increased by transferring additional funds into the collateral account, or you may convert to a debit card by depositing extra funds into the card account. The card gives you direct access to the trust at all times. The card may be used anywhere in the world. It is completely confidential and there is no reporting and no paper trail. (Set-up time takes approximately 20 days.)



CAN I PAY MONEY INTO THE TRUST?



You can deposit money into the trust: [1] by electronic funds transfer (EFT); [2] by sending a money order, cashier’s check, personal check or travelers checks to the Trustee. Cash can also be paid into the trust in any major currency from anywhere in the world with prior approval.



HOW CAN I GET MONEY OUT OF THE TRUST?



You can withdraw money from the Trust by:



[1] Sending a “Letter of Wishes” to the Trustee stating the amount your require from the trust and where or to whom it is to be paid. It can either be to yourself, another individual, business or financial institution. The Trustee can forward funds by draft or by wire. Funds sent by wire are usually available in 48 hours if necessary.



[2] Use the MasterCard credit card in any cash-dispensing ATM machine.



[3] Use the card “over the counter” in any bank.



Remember, the Trustee can: Designate third parties to hold funds in their names if necessary. Send money you designate to a third party. Buy, sell, or lease real property. Provide life insurance and annuities.



HOW TO OBTAIN YOUR OWN PROSPER TRUST FOR $00.00



Would you like to obtain your own individual Prosper Trust for virtually no cost and at the same time, earn a substantial tax-free income?

Please don’t confuse the PILL program with a typical multi-level program. With PILL there are no quotas, no products to buy, no “opportunity” meetings to attend, no training seminars, no expensive meeting rooms to rent. More importantly, there is no need to “hype” the program. Just present the benefits as we have and let the people decide for themselves.

If they can’t see the need or the opportunity, then there is nothing you can do or say that will make them change their minds.If you are interested in more than just activating your own trust and would like to earn a substantial income, PILL has several ways to assist you.

GUARANTEED INTERNATIONAL CREDIT CARD



“THE FREEDOM CARD”



One of the most appealing benefits of the Prosper League membership is the guaranteed international MasterCard credit card with no credit check and no paper trail. Many people would love to have a confidential, private MasterCard that can be used in over 400,000 ATM’s and four million retail outlets worldwide! In addition, they can use the card to withdraw funds from their trust at any time, anywhere worldwide. The Freedom Card is the first credit card that will not push you further into debt. It becomes a debit card as you deposit funds into it.

IS THE PILL PROGRAM FOR YOU?



Only you can answer that. We are sure by now you can see the benefits and the need to have your own offshore trust. You do not have to become part of the referral program, but if you do, you can earn enough to at least set up your own Individual trust without cost with the money you recover from introducing new members. It is a Win-Win situation for everyone.

One Size Does Not Fit All!



Now that you have been introduced to offshore trusts, you may find that you need additional offshore support services.

A trust may not be the whole answer for you.



You may also need an IBC.



INTERNATIONAL BUSINESS CORPORATION





If you want to:

Þ Develop a secondary income sheltered and unencumbered.

Þ Establish a Trading Account.

Þ Have an offshore Bank Account you control.

Þ If you just want to do business offshore.



Are you tired of your government dictating what, where and how you can run your business? Constantly creating new rules and regulations? Have you noticed these same legislators are the first to judgment-proof themselves and their assets?



Then you need an IBC in a tax haven.

YOU AND YOUR BANK!

Did you ever read the fine print on the “signature card” your bank gets you to sign when you open an account? It reads, “The undersigned hereby agrees to abide by all the rules of the bank: Did you ever see those rules? What you have actually done is agree to abide by all the administrative rules of the Secretary of the Treasury (i.e. the government) .



You have in fact signed a contract with the government, voluntarily waved your right to privacy, and agreed to be accountable to the state. Is that what you really want? A partnership with the government?



While it may not be practical for most people to get out of the banking system altogether, through the use of a pure trust you can minimize this problem, or even eliminate it entirely by establishing an affordable international business corporation (IBC) with a private offshore bank account. The government then knows nothing of your banking business and, has no way to find out. Now, doesn’t that sound like a better arrangement?



OFFSHORE TRUSTS AND IBC's



International Business Corporations (IBC's) and Trusts can protect you, your business and your family in four ways:

1. Reduce the amount of hard earned cash your government can grab in taxes.

2. Ensure that your wealth is passed on to heirs intact.

3. Prevent seizure by the authorities including the courts acting on behalf of third parties.

4. Protect you and your heirs from capital gains tax.





Continuing attacks on IBC's and trusts by tax authorities are certain proof that offshore companies do work.



IBC — OFFERED BY PILL


As a member you can obtain an IBC at the best possible terms and conditions.PIL is incorporated under the laws of Grenada and offers a variety of offshore support services (a virtua super store of services designed to fit the circumstances of entrepreneurs the world over). PIL will help you to operate your business and/or personal financial affairs in complete confidentiality via a private and legal International Business Corporation and Trust. We recommend the IBC-owned by a Trust. The IBC may be wholly-owned by the trust or vice versa. (The IBC may be the Settlor of the trust). This will depend entirely on your personal objectives and circumstances.



Features of an IBC



Þ Complete privacy and confidentiality (it's the law).

Þ Single shareholder/subscriber permitted.

Þ Shares may be held by Corporation or trust.

Þ Single Director allowed may be Corporation or trust.

Þ Non disclosure of Beneficial Owners.

Þ Bearer shares permitted.

Þ Low fees for set-up and renewal. Total $1000.

Þ No statutory accounting or auditing of records.

Þ No filing requirements.

Þ No minimum capital requirements.

Þ No exchange of information agreement with any other country.

Þ Exemption from taxes for 50 years.

Þ Meetings not required but if held may be outside country or by proxy.

Þ Exempt from exchange control regulations.

Þ Certificate of Incorporation issued and renewed each year.



Advantages of an IBC



Þ Confidentiality: Corporation established in a country that by law cannot divulge information about the directors or the owners.



Þ Asset protection: Put your car, home, business assets in this corporation. You personally own nothing. The corporation owns it.



Þ Confidential offshore banking account: Set up an offshore checking account in the Corporation's name. Use it to pay bills and buy assets for the Corporation, such as cars, boats etc.



YOU OWN NOTHING



Þ Offshore money management: Use your Corporation to start a new Business, expand your present business, multiply your offshore profits by investing in other offshore investment opportunities.





Restrictions For IBC's



Þ May not carry on business with residents of that country.

Þ May not own real estate in that country.

Þ May not carry on business as a bank or an insurance company , agent , or broker.

Þ May not provide a registered office for other companies.



Note : All IBC's must maintain a Registered Agent and Office.





NOTICE: Even new toasters must come with a disclaimer - so here goes! While all attempts have been made to verify information provided in this report, the author assumes no responsibility for errors, omissions or contradictory interpretation of the subject matter herein. This report is not intended as a source of legal or accounting advice. The users are advised to retain counsel to determine what state, local or federal laws or regulations apply. MasterCard & VISA are trademarks of MasterCard and VISA.





NOTICE: No alterations or changes are to be made to this document without prior consent from Prosper International Limited.




The Case For Going Global



1) Steady devaluation of the US$ - 90% since 1939 - 30% since 1985 - More to come.

2) Destructive feeding frenzy of an insatiable confiscatory government: When was the last time real taxes were reduced? What about sales tax, Capital gains tax, death duties/estate tax, income tax, property tax, countless other hidden taxes making your dollars worth pennies.

3) Pending World Wide Currency Crisis.

4) The Growing Problem of the out of Control Welfare State.



During the next 25 years the world will see the biggest shift in economic strength for more than a century. Money is on the move around the world. New wealth is being created at a frantic pace in different countries, Asia, South America, Europe and the Middle East. Old money is following new money as savvy investors look to get in on the phenomenal growth of these areas, often while their own countries are stagnating. It doesn’t mean, the US will be washed away, but it does mean that one should be prepared to diversify GLOBALLY.



We live in a new era. One of change, mobility and stress:



PROTECTION OF YOUR ASSETS IS OF PARAMOUNT IMPORTANCE



Life has become “GLOBAL.” Walls have come down in Europe, - Russia, - China - the world economic powers are shifting and it is affecting all of our lives. The advent of COMPUTERS, EMAIL, the INTERNET, WORLD WIDE WEB, THE INFORMATION SUPERHIGHWAY, makes information available so easily, not only to you the costumer, but also to those who wish to intrude into your personal & financial affairs. PRIVACY & CONFIDENTIALITY is gone. Just look at the new reporting requirements imposed on all facets of business and banking:

“Cash Transaction Reporting”

“Cash Deposits Reporting”

“Cash Withdrawal Reporting”

“Cash Transfer Reporting”



More and more it becomes essential that a portion of your estate (no matter how large or small it is) be diversified and secured OFFSHORE in a Bank or a Trust - Now this is affordable to all of us not only to the rich.



In less than 20 years the World stock market inventory has grown 700%. In 1970 US Equities comprised fully 2/3 of the world’s stocks - today less than 1/3 are American - The Dow, the NASDAQ are being outperformed daily by other world markets. The fastest growing markets are: Indonesia - India - Thailand - South America - Hong Kong - Asia - Europe.



In 1976 US stocks accounted for 85% of the value of all stocks in the world. Today the figure is only 40% and the downward trend continues. People not willing to invest outside the US cut themselves off from a broad range of opportunities in many fast growing markets.



For many years Americans have thought that for investment and banking to be safe - they had to be “AMERICAN” Then we went after guarantees like FDIC and agencies such as the SEC and various States Attorneys General. What have these guarantees cost us and how much are we willing to keep paying for them? The cost has been lower return on our investments and uncontrolled growth of regulatory agencies resulting, of course, in complete loss of Privacy and Confidentiality.



Is the “GUARANTEE” worth the sacrifice?



AVERAGE AMERICAN WORKS FOR HALF PAY!!







30 seconds of every minute you work, you are working for the government. A detailed examination of ALL TAXES reveals approximately 108 hidden taxes we all pay every day when we purchase goods and services, this translate to just over 50% of your income going to taxes. As if that’s not enough, our BANKRUPT government has found another way to get at what we own, “Asset Forfeiture” 84% of the people who have assets seized have no criminal or legal charges filed against them.



President John F. Kennedy 10 days before his assassination stated: “ The high office of the President has been used to foment a plot to destroy the American’s freedom, and before I leave office I must inform the citizen of his plight.”



THE INFORMATION AGE



CAPITAL is becoming more mobile, the capacity to earn high income is no longer tied to residence or specific locations. Today wealth can be earned almost anywhere by anyone using highly portable information technology. Soon the advances of the information age will make income taxes truly voluntary i.e. they will become uncollectable, governments will be forced to get their money from consumption and/or head taxes. The paradigm that “government should pay the bills of anyone afflicted by hardship” is rapidly changing to “rewards must match more closely the productive capacity of the individual.” For decades now failure has been subsidized and ordinary people have come to believe that failure is an asset. This attitude has to change. The welfare state cannot be Sustained: NO ONE CAN AFFORD IT.



The Aging of America





Shouldn’t this be a pleasant experience? Unfortunately the cost of out of control GOVERNMENT and the growing BUREAUCRATIC intervention in all aspects of our lives is making the American Aging Experience most unpleasant indeed.



DO YOU REALIZE? The cost of Regulation to American Society now exceeds the cost of federal taxation, according to Daniel Oliver, former chairman of the Federal Trade Commission. One study by the Heritage Foundation estimated the cost of Federal Regulation at $667 Billion a year - that’s about $8400 for every American household. Add the State and Local Government regulatory costs and the burden leaps to $1.6 Trillion or $17,100 per household.



DID YOU KNOW? America has the lowest rate of savings per capita of any nation in the world… Why is that? Could it be TAXATION? Capital gains, estate, probate, taxation on income no matter where in the world you earned it? (a uniquely American phenomenon.)



SAVINGS! There is certainly something discouraging Americans from putting money aside for a “rainy day.”



DID YOU KNOW? That Capital Gains tax is more like “confiscation” than “taxation?” Consider this, inflationary “Gains” are taxed on investments that actually lost money relative to inflation: How’s that for discouraging savings and investments?



DO YOU KNOW? What America’s REAL debt is? We all know about the “on the books” debt that is the $4.6 Trillion, that is $3.4 Trillion of Publicly held debt and the $1.2 trillion Federal Trust Funds. ( this “on the books” debt is scheduled to grow to $6 Trillion in the next 7 years.)



What most of us don’t realize is that there is an “OFF THE BOOKS” debt, meaning the UNFUNDED BENEFIT LIABILITIES, Pension obligations of the federal government, employees of the Government, military and social security. A whopping $14.4 Trillion. That means a total of $17.4 Trillion of debt. This is based on 1991 and 1994 figures. That’s $70,000 for every man, woman and child in the country, even retirees and welfare recipients. IF THE GOVERNMENT WERE A PRIVATE FIRM IT WOULD BE REQUIRED TO HAVE THAT PENSION MONEY IN THE BANK. IF A FIRM IN THE PRIVATE SECTOR WERE TO BEHAVE LIKE THE GOVERNMENT, IT WOULD BE CHARGED WITH FRAUD.





OVERHEARD IN THE HALLS OF CONGRESS



“They can’t be allowed to take it with them. It must be distributed to society.” In fact there is legislation being considered in Congress this very moment to:

a) Lower the $600,000 individual exemption from estate taxes to less than $200,000.

b) To legislate an “EXIT TAX” so that citizens cannot “take it with them” if they leave the country.

c) New reporting regulations aimed directly at transfers of assets to foreign trusts.

Fortunately there is very little chance of this legislation passing at least for the time being. What this does prove however is a growing tendency of government to feel that they have a right to the “fruits of our labor.” Is this really what you intended when you sent your Congressman up there to work for you?



WHAT’S AHEAD FOR YOU AND YOUR MONEY??



If you’ve been following the news, you should be aware that we are headed for hard economic times, in the form of inflation, higher taxes, bigger and bigger government, more

welfare, more American jobs moving overseas, a bigger deficit, a higher public debt, larger federal and state budgets and more government involvement in our private lives. It’s bad enough that we have tens of millions of people in our country feeding off the taxpayers, but now we have millions of uninvited illegal aliens pouring into our country, who also want the U.S. Taxpayer to pay their way through life and getting it. The situation is out of control folks.. and we hadbetter start thinking about how we are going to survive economically, because it’s only going to get worse. We are headed for a collision with reality, and when that finally happens, you better have something put away in the form of cash or gold to get through a few years of economic hell. If you think the depression of the 1930s was bad, wait until you see what’s coming!



Lets review again the 4 principal reasons for an Offshore Plan



1) TAX MINIMIZATION-Pay the least possible amount of tax that is legally allowable. No more! No less!


2) PRIVACY-Create a realm of impenetrability.



3) ASSET PROTECTION-Using a trust, divest yourself of assets.



4) PROFIT-Higher returns Offshore - No tax Offshore.



ONLY TAX YOU SHOULD PAY IS ON MONEY YOU EARNED ONSHORE.



LETS DEBUNK A FEW MYTHS AND MISCONCEPTIONS





MYTH: Government is good! And “ for the people “.

REALITY: the less government the better and government is “for itself” and grows constantly!



MYTH: Government takes over problems and solves them.

REALITY: Government creates more problems than it solves, and it creates them on purpose.



MYTH: Government places the interest of citizens, first.

REALITY: They have guaranteed their own re-election and their own long term security.



MYTH: Government knows what’s best for the “common good”.

REALITY: Government is usually out of touch with the

people, & always acts too late, at considerable extra cost.



MYTH: The USA is the “LAND OF THE FREE “

REALITY: The USA is losing more FREEDOM every day, as the country “ages “ and government grows out of control.



MISCONCEPTION: Taxation is an obligation we owe to the government.

REALITY: The government works “for the people” and we should decide what to pay them. If we paid only what they are worth think of the taxes we would save.



MISCONCEPTION: Trusts are only for the rich and powerful and usually for businesses.

REALITY: It’s time we all availed ourselves of the benefits of trusts, everyone needs asset protection.



MISCONCEPTION: A Trust automatically means investment and a return on investment.

REALITY: A trust is an instrument, a document , a contract, allowing orderly financial planning, saving and minimizing taxation.





MISCONCEPTION: Having a trust means an individual bank account.

REALITY: Trust funds are usually kept in a ‘Master’ account, and no checking privileges exist..



MISCONCEPTION: A trust is just not for me.

REALITY: Everyone needs a trust.



AMERICA IS AGING



Unfortunately one of the “side effects” of aging is GROWING GOVERNMENT, GROWING BUREAUCRACY, LOSS OF PRIVACY, EVER INCREASING TAXATION AND LITIGATION GALORE. It happened to all of the other great countries of the past and now it’s happening to us here in the USA.



AMERICA used to be known as “THE LAND OF THE FREE”! Now it’s known as the “LAND OF THE FREE LUNCH”. The welfare state is OUT OF CONTROL. People from all over the world used to immigrate here (under great hardship and sacrifice) in order to settle down and work towards the “AMERICAN DREAM” NOW people from all over the world flock here (legally and illegally) to get in on the “GRAVY TRAIN”, to take advantage of the dumbest, most disorganized WELFARE STATE in the world today. WHO DO YOU THINK IS PAYING FOR THIS?? YOU of course!! The meek, docile, silent, exploited TAXPAYER.





ADVANTAGES AND DISADVANTAGES OF PROBATE

If you do not have what is referred to as a "Living Trust" when you die, the court will appoint someone to tax you , pay your bills, distribute your property, and charge you, regardless of whether you have a will or not. This person will have no idea who you are and what you want. This is called "probate" and the average time for it is two years. Curiously, if you have a will, then you must go to probate. More curious yet, even if you haven't made a will, you already have one, the state. Every state has it's own version of a will, just in case you don't. Of course, you could try giving away everything while your alive. This means the property may be subject to gift tax. It also leaves open the possibility that whomever you give your property to while your alive may not do with it what you want. Or, you could try a power of attorney to avoid probate, the only problem with that is that it is automatically revoked upon death. The alternative, of course, is the TRUST, preferably an OFFSHORE TRUST. If a trust sounds preferable to Probate consult your tax advisor or contact us.

LET’S DO SOMETHING!! NOW!!

AMERICA is the only country in history that was actually founded on the principles of FREE MARKET and INDIVIDUALISM.

The American Revolution was People against the State as opposed to one strongman against another strongman. But with “aging”, AMERICA has degenerated . It is no longer an ideal to which free men can strive. This was inevitable given the nature of Government. The US Government seems to be moving inexorably toward a total corporate state, and it has already reached the point where it can be counted on to place its’ interest and the logic of power above the interests of its citizens. The more power and functions the government amasses the less freedom and resources are left for the citizens.



GOVERNMENT is like a creeping plague growing exponentially, gobbling up things that used to be done rather well, privately. After creating a MIDDLE CLASS, it is now impoverishing this same middle class, partly through excessive taxation, partly through inflationary financing and borrowing, and mostly through sheer incompetence and bad management. Do you know any government that will voluntarily limit its’ own power and privileges. Despite all of its speechmaking to the contrary, government will keep increasing its power, its scope, its privileges, and taxation all the time. Government once created, becomes a magnet for power seekers. If government were treated as a private business they would have gone bankrupt (or been arrested) decades ago.



We are seeing in the western democracies, and in the USA in particular, the growth of the corporate state which is gradually conceding to itself the right to regulate and interfere in every activity of the individual, on the basis that it is doing so “for the common good”.



DO YOU REALIZE ???

----1/3 of the average business persons’ time is spent filling out government forms. The American economy is already burdened with so many controls and regulations that the

price of many goods and services is doubled by tariffs, quotas, duties, franchises subsidies, minimum wages, price regulation, state sanctioned cartels, licensing, social security,

bureaucracy, EPA regulations and thousands of other burdens. What to do?? What to do??



----20c of every tax dollar goes to pay the interest alone on the enormous country debt!! Over $4 TRILLION, and growing by $11,000 EVERY SECOND.



----50% of the wealth created by western industry is spent by this bureaucratic machine, and not by the productive part of the population who generate it in the first place. Not surprising when you consider all the government we have to live with: Federal, State, County and Municipal.



----To fund its’ enormous money appetite, government has no alternative but to keep inventing new taxes, new tolls new duties, new fines.



----We are now living with the first generation in history who will be less well off than their parents before them. We have to work twice as hard just to make ends meet. (the standard of living and the buying power is actually decreasing).



----We are living in the most LITIGIOUS society in the world. In fact 2/3 of all the worlds attorneys live and practice in the USA. (think about it, one lawsuit for every man woman and child in the country in 1992, that’s one every 30 seconds). That’s a lot of people chasing your legal service dollar. Is it any wonder, attorneys don’t tell you about Trusts, and how to avoid probate?





THE TRIALS AND TRIBULATIONS OF THE US DOLLAR





Another very good reason for diversifying offshore. As if our BANKRUPT, OUT OF CONTROL WASHINGTON GOVERNMENT didn’t have enough to worry about: WHAT ABOUT THE US $$.



Quote two articles on the subject in Harper’s MAGAZINE (Dec. 94)"OUR CURRENCY IN CYBERSPACE" The US dollar headed south last spring, right into the heat. In two mad sprints downward in May and June, our money hit postwar lows against the Japanese Yen and the German Mark.



The projectable trend promised disaster. The most disturbing news was the relative failure of the governments of the US, Germany. Japan, and fourteen other rich countries to rescue The dollar from its free fall. The Fed reported that it de­voted $2.8 billion to fighting the selling wave, a pool of money the traders prof­ited from as the dollar sank to new lows. The sum total of our government's effort to protect its own currency was to trans­fer millions of public dollars into the coffers of some of the richest individuals and institutional currency traders in the world. Readers Digest (March 1995) CONSPIRACY AGAINST THE US. Over the past five years near perfect counterfeits have flooded the world, shaking confidence in the US currency. So called "superbills" crisp $100 Federal Reserve notes so perfectly forged that they might be fresh off US government printing presses, have been flooding banks and money markets around the world. The total amount currently in circulation is believed to be $10 billion or more. Such figures have alarmed Treasury and Federal Reserve board officials who fear that the ever increasing numbers of such "superbills" has shaken international confidence in America’s currency. Major overseas banks are re­fusing to accept large consignments of legitimate US notes, concerned that they may shield fakes. Travelers seeking to exchange $100 bills for local denominations are commonly refused. Ominously, currency experts say the latest version of superbills is so good it can fool automated detection devices used by major banks including THE FEDs Intelligence agencies in US, UK, Israel, and Egypt, have uncovered evidence inside Iran that the Islamic Republic is not only mass producing the notes but has built a world wide distribution network. Deliveries are often disguised as official diplomatic cargo. The same printing presses as those used in the US are in Iran with plates etched in Leipzig by master engravers working for the East German internal security service What alarms security agencies most is the in­creasing use of these forgeries for the purchase of sophisticated weapons by nations like Iran and Syria, and their use by terrorist organization to finance their operations. Robert Kupperman, a senior member of Washington's Center for Strategic and International Studies, says "What's frightening is that if they keep printing these bills, renegades in Russia or another outlaw state like North Korea will sell them a bomb."



GOLD VS CURRENCY



Historically Currencies always lose their value. All forms of money not based on Gold have always lost their value over time. In fact the Dollar today compared to the 1800 dollar is worth only 11 CENTS



Did you know that an ounce of Gold in the days of the Old Testament would buy 350 loaves of bread - what does an ounce of Gold buy today? 350 LOAVES of bread.

Why does our currency continue to lose its buying power and its value against other currencies? A weakening Economy - A growing FEDERAL DEFICIT - a constant EROSION of confidence in the dollar as the world currency - In 1971 America “Blasted its Gold Window” that was the beginning of this “Loss of Confidence.” Strong currencies abroad (i.e. German Mark, Japanese Yen, Swiss Franc) are now beginning to question the dominance of the U.S. Dollar as a world currency - The only way to protect yourself and your purchasing power is GLOBAL DIVERSIFICATION



THE CASE FOR GLOBAL DIVERSIFICATION



The U.S., to a large extent, is a victim of its own success. Big American Companies that looked poised to take over the world, are now finding themselves having to transplant their operations to countries with lower cost labor . The competitive advantage has shifted to foreign economies. We were once the richest nation on earth - we created a huge middle class and now we find that same middle class worried about their economic future - It is confused about why its income is falling relative to those in the rest of the world.

REGULATION! - Like an anchor dragging through the mud, we are laden down with REGULATION and TAXATION: which raises the cost of doing business to the point it prevents us from competing in the International Market Place. Low labor costs - lack of regulations, and healthy local climates, all combine to make foreign markets more attractive to true entrepreneurs (including American entrepreneurs). In 1991, for the first time in a century the U. S. became a NET PAYER rather than a NET RECEIVER of foreign investment income.


This situation is not going to reverse itself for a long time - i.e. it will take many decades before the average Chinese citizen earns as much as the average American citizen and it may take as long before America’s anti-savings and anti-investing policies are reversed. This guarantees that the dominant trend of the years to come will be a relative transfer of wealth from America to foreign nations - Hence GLOBAL DIVERSIFICATION - you must take steps to invest part of your portfolio offshore. The only real defense against loss of purchasing power is—GLOBAL DIVERSIFICATION.



The main subject of the reports - Offshore Trusts, International Banking and Global Diversification have been well kept secrets for decades. Spreading the word is difficult but not impossible. We believe that this can and is being done by using a "Low Key" marketing program - i.e. share this report with your friends and acquaintances. As a P.I.L.L. member you will be receiving periodic newsletters(The Prosper Times) continually updating this “High Demand Information”. You do not need any special licenses to promote offshore business services. When you make copies of the reports do not omit any part of it. Make sure your sponsor number is included in the appropriate location