How
to Create Your Own LLC and Family Limited Partnership by Bill Bronchick
Do you have tenants? Do you have
employees? Do you own your own business? Do you
have, or intend to acquire substantial assets? If
you answered, "YES" to any of these questions, you
are a "sitting duck" for plaintiff's lawyers and
the IRS, unless you learn the secrets
of...
How to Insulate Yourself From
Liability, Save Tens of Thousands in
Unnecessary Estate Taxes and Become Legally
"Judgment Proof"!
Warning: Your Odds of Being Sued Are
Greater Than Your Odds of Being in the
Hospital!
Lawsuits are an everyday
threat to your financial well-being. Imagine a
thug sticking a .357 magnum up to your throat and
demanding you turn over your wallet, credit cards,
jewelry, and keys to your luxury car. How do you
feel? Scared out of your mind? Vulnerable?
Violated? You will feel exactly the same way (and
maybe worse) when you are hit by a lawsuit and you
know you haven’t done anything wrong! I will teach
you the skills you need protect yourself from
being a target for the "bloodsuckers" and
"ambulance chasers." With impenetrable walls of
protection around you, lawyers and greedy
plaintiffs won’t be able to touch you or your
assets!
Don't Own Real Estate In Your
Name!
According to a December 2004
Money Magazine article entitled, "Landlording
101"
"Thinking about becoming a landlord?
Review this checklist of essentials before you go
ahead and take the plunge: 1. Set Up an LLC -
that way if someone is injured on one of your
properties, the company becomes the legal
target and your personal assets will be
shielded from any claims."
Yes,
even mainstream publications like Money Magazine
will recommend this basic step for all
landlords.
Are You Ready to Give Half Your Estate
Away to the Government?
Like many
entrepreneurs and professionals, you are going to
work hard so you can amass a fortune for you and
your family. You are also going to plan carefully
so that your family can achieve financial freedom.
Then, when you pass on, the government will take
up to half of what's left in estate taxes. Think
about it – the IRS is going to take another
half of the same money you already paid almost 40%
taxes on! It's like a grave robber opening up
your coffin and stealing half of your money from
your family. When you add 40% (federal and state
income taxes) to 55% (estate taxes), you could
lose up to 95% of everything you have worked
for!
If you have been duped into
thinking estate taxes were removed by Congress,
think again! We have the highest taxes in the
world! If you are upset about this, you should be!
Attorney William Bronchick explains in
"Plain English" the secrets of creating and
maintaining limited liability companies and family
limited partnerships for estate planning, asset
protection and privacy.
This
One-of-a-Kind Home Study Course
Reveals:
How to create and use LLCs to protect
yourself from lawsuits. This course gives you
state-specific information, not just "generic"
forms. You will learn who to call, where to file
and how much to pay for your state. You will learn
how to create an LLC operating agreement or family
limited partnership agreement and other required
paperwork with the least amount of
hassle.
Why an LLC beats an "S" corporation for
holding real estate. You will learn the many
benefits of using an LLC for holding rental real
estate.
How to use LLCs & Family Limited
Partnerships to "judgment-proof" your assets from
creditors. Bill shows you how to take advantage of
little-known state laws that allow you to use LLCs
and partnerships to shield your assets from
creditors.
How to maintain legal formalities in an
LLC. Nine out of small LLCs operate under a false
sense of security. A good attorney can convince a
Judge to "pierce the corporate veil" and go after
the LLC owners (yes, that's you!) directly. You'll
learn how do you avoid this trap
entirely!
Tax Issues Involved in Reporting Income.
Bill explains the complete gammit of federal
partnership and LLC tax law in plain
English!
How to use a "Family" LLC to save
thousands in estate tax. Bill shows you how to use
"valuation discounts" to save tens of thousands of
dollars in estate tax. The rich and shameless
having been using this tax loophole for years -
why shouldn't you?
How you can form multiple LLCs to
protect your real estate holdings without any
additional tax reporting. You will learn the
secrets of the "single member" LLC, which allows
you to create multiple "subsidiary" companies
without additional tax returns.
Hiring employees - what you don't know
can hurt you! Learn the legal and tax issues
involved when hiring employees and using
independent contractors.
How to make your creditors pay your
taxes for you! You'll learn how an LLCs or Family
Limited Partnership will protect your assets from
judgment creditors. Bill shows you how to set up a
"booby trap" for your creditors will get when they
try to attach your assets!
How (and when) to take advantage of
Nevada LLCs. Nevada LLCs can be very powerful if
you use them correctly or very expensive if you
don't. Learn the proper way to use (and when not
to use) a Nevada entity.
The New Federal Case Law on "Single
Member" LLCs - learn how to deal with these new
issues
LLCs vs. Limited Partnerships - learn
which is better, depending on what state you live
in.
How to do all of the paperwork yourself
and save thousands of dollars in lawyer
fees!
And much, much more!
Why Not Pay an Attorney to Form an
LLC?
Attorneys charge hundreds of
dollars per hour and most often don't even do the
work! They give the basic information to a legal
secretary or an outside service to draft the very
simple paperwork, then mark it up to you, the
client. They are able to get away with this
because of what they KNOW, not because of what
they DO. You can learn the same information and do
it yourself for a fraction of the cost.
Clients often ask me to form their LLC and
I often TALK THEM OUT OF IT and sell them my
do-it-youself package. Honestly, I make MORE money
by doing it because I have an office staff and
computers that do all the work! But, an attorney
who simply FORMS a corporation for a client is
doing a disservice to the client. The reason is
simple... knowing how to form a corporation is
easy, but knowing how to MAINTAIN THE YEARLY
PAPERWORK is what clients MUST know how to do. So,
by teaching YOU how to do it, you are better off
than if I do it FOR you. Plus, if you decide to
form more than one corporation, you will save EVEN
MORE by learning how to duplicate the process.
Wouldn't you rather be "in the know" than pay an
attorney thousands of dollars?
What About Online Filing
Services?
There are many companies
that offer "teaser" rates for online corporation
or LLC filings. The low rate they are offering is
for BASIC FILING. There are a dozen other steps to
the process, which they will charge you for, piece
by piece. The truth is, most of them upsell you
into a $500 package by the time you are done. Save
your money and learn to do it yourself - it will
be cheaper and you will get it done FASTER.
Your Package Comes Complete With...
250 Page workbook complete with
state-specific legal references
Legal forms CD-ROM with state-specific
filing forms to create and use corporations
without paying expensive attorney
fees!
State-specific filing forms and
instructions, including website and mailing
addresses for your state department of
corporations
And much, much more!
Plus, When You Order Online Now, You
Will Get Two Special Bonuses Valued at Over
$100.00!
Bonus #1: 30-Minute
DVD Video From Live Boot Camp
This DVD
recording is loaded with practical money-saving
tips from a live boot camp which people paid
thousands to attend. You will get insights into
how to defer paying taxes by "staggering" your
corporation's tax year, understanding how a C vs S
corporation will benefit you, and much
more!
Bonus #2: 30 Minute "Quick-Start"
Audio CD
William Bronchick live on CD.
Listen to this audio CD in your car to get the
"gist" of it - just 30 minutes in length so you
can listen twice and learn it well!
Why Pay an Attorney Thousands of
Dollars For Paper-Pushing? Do It Yourself and
Save!
And remember, there's no risk
because of our 30-Day satisfaction
guarantee!
How to create and use LLCs to protect
yourself from lawsuits. This course gives you
state-specific information, not just "generic"
forms. You will learn who to call, where to file
and how much to pay for your state. You will learn
how to create an LLC operating agreement or family
limited partnership agreement and other required
paperwork with the least amount of
hassle.
