Dreos Financial Services

INVESTING TODAY

THE SMART CHOICE & MAYBE WELL INTO THE FUTURE!

During the last 47 years that has spanned my career I thought I’d seen it all!  Investing using Securities, Bonds, Real Estate, Life Insurance and Annuities at different points of my career all of these products have been front and center.  Fifteen years ago when you were talking about Bonds, Life Insurance and even Annuities the wise investor would always be looking for the most creative investment and the opportunity to make a killing most likely in the market.  Back then Real Estate was the smart choice according to many, however, we can see where that is today.   Even the purchase of a depressed property with the economy in such turmoil it might be years and I mean many years before a return on your investment can be realized and what will be the tax consequences when a profit is realized.

The best kept secret for the investor today if it be a lump sum Retirement distribution or possibly monies sitting in Mutual Funds, Stock Portfolio or even Bonds, the best and maybe only answer for a reasonable portion of your assets could be Indexed Annuities.

Many years ago people were concerned on what they could make on their money, today many want to invest in something where they won’t lose their money.  Quite simply the answer is Indexed Annuities.  The benefits vary from company to company and if you stick with a top rated Life Insurance Company which markets Annuities, the common denominator with most all of these Companies is that they have a floor of zero!   Meaning that if the Market goes under water even substantially, you can
never lose a penny.  The other side is they do put a cap on how much you can earn on the upside but that seems reasonable when you are assured that in any given year you will never lose any money at all.

Many companies are offering a bonus as high as 8% for
investing in their Annuities.  EXAMPLE:  If a person puts $250,000 into an Indexed Annuity the bonus would be $20,000 the day the check clears.  That helps a
great deal to recover some losses in the very fickle market today.  Most prognosticators believe that it will be many years before we will see stability again.

This is how it works.  EXAMPLE:  If you were to take some of your assets and put it in a one year point to point, Indexed Annuity lets say starting September 1^st, you look at one of the Indexes that you may want to use for example the S&P.  I normally recommend a one year point to point index because that gives the market an opportunity during that period to recover just enough to allow you to make money for that given year.  If the Index is at 1250 and it closes a year later at 1350, you have
made a nice return on your dollar.  However, worse case scenario if the Index drops down to either 1100 or 1150 points or even lower, you haven’t lost a penny.  Other
investment portfolios will go underwater and many of the people who you know
who are in the market, who own Mutual Funds, even Money Market Accounts will
show losses but not the Indexed Annuity Investor.  Years ago an Annuity would have been considered too conservative for most investors.  Today it’s a safety net that you just can’t afford to ignore.

Use the contact information on my website. If you take a lump sum distribution on your 401K or you have an investment portfolio that you would like to put in a safe harbor, call me.  If this idea is something you or someone you know would like to take a long look at there is no obligation attached use my phone number or email in my contact information and allow me to provide you with valuable information.

BLOG 4/8/11

THE IRS, OFFSHORE ACCOUNTS AND YOUR BEST ALTERNATIVE

I’ve indicated often that a resource near and dear to my heart is the publication “Independent Living”.  You may or may not be aware for those who use offshore accounts or if you know someone who sends their money offshore to avoid certain tax issues in this country the following should be noted.  In October 2009 a voluntary disclosure program was enacted by the IRS, asking you to voluntarily disclose all of your money and its location offshore.  I’m not sure they received all the results and what they wanted so they enacted in their latest move the 2011 Offshore Voluntary Disclosure initiative and the deadline to participate is August 31, 2011.  The penalty that would be imposed if you do not volunteer this information under the program is 25% of the dollar amount of offshore assets or accounts.  I think this is a very clear indication that all tax shelters especially those with substantial assets they are changing the rules for people who put their money offshore.  They are harassing the banks offshore for information and will attempt to get their fair share if your money is here or in a foreign land.  I don’t know about you but this is a very serious problem.

There is no utopia for investing or hiding assets to avoid income taxes on your money with one exception: I’ve mentioned many times an overfunded life insurance policy stuffed with cash assets, invested in the S&P Index that is available with many companies who provide these products.  In my opinion this is the only solution.  Incidentally, it is noteworthy in a very shaky economy the S&P from March 30, 2010 to March 29^th of 2011 the return was 12.45%.  For those of you who are maybe skeptical you can certainly go on the internet and research that information as I did. 

In summary, we know 401K’s and all Qualified Plans have major tax pitfalls.  We now find out that sending your money offshore is no longer a legitimate option to help avoid income taxes.   All of this has come about because the government is spending money they don’t have and borrowing with a giant credit card, printing money they don’t have and creating debt for future generations.  We see now that they are attempting to reduce the government budget and the deficit and that might help but don’t believe for a moment that the biggest and most obvious solution will be raising taxes.  Your money or what’s left of it needs to be in your own Private Pension Plan.  It’s the only answer and believing that they could put life insurance under the microscope and attack it would turn the world upside down.  There are nearly as many life insurance policies in force as dollars in our current national debt.

There Are Now More Moochers

Than There Are Taxpayers

Source:  Independent Living

            Now here’s where things get truly scary!  Successive administrations have steadily reduced the number of voters who also happen to pay income taxes.  As an editorial in Investor’s Business Daily confirmed: “More than 85% of the personal income tax is paid by a small, overtaxed band of Americans who in number are less than 25% of eligible voters.”

            Worse, the Congressional Joint Committee on Taxation estimates that Obama’s plans to remove even more “disadvantaged” people from the tax rolls (using a system of credits) means that a majority of people who vote in the next election will be nontaxpayers, fully able to tax an oppressed minority (you and me) with impunity, without themselves paying any income tax at all. 

            It goes without saying there are not enough voting taxpayers left to ensure Washington treats us with respect.

            So it falls to you and me, and millions of hard-working people like us, to ensure that our rights as U.S. citizens are protected – because most voters no longer have any skin in the game when it comes to paying income tax.  Most voters simply don’t care if some other segment of the populace is being abused with IRS audits.

Petty Fleecing of the Public Has Already Begun

Source: Independent Living

            You may have noticed the petty fleecing by state and federal employees has already begun.  More state-level, federally-inspired speed traps, automated camera ticket scams, green fines of all stripes, regulatory penalties for petty infractions on home improvement projects, mysterious new Internet and cell phone “surcharges,” and on and on.

            If you like to enjoy afternoons on your local lake, you’ve probably noticed the number of officious police, game wardens, and forestry agents have recently multiplied (all from different jurisdictions trolling for fines, fines, fines) – barking orders at sunbathers and handing out tickets to working-class boaters for ridiculous petty infractions.

            The long arm of Uncle Sam’s intrusive tax collection schemes seems to know no limits.  For example the Census Bureau is now using satellite global positioning systems (GPS) to create a national database of the precise coordinates of each U.S. home (making it easier for government-contracted satellite systems to “inventory” what is on your property).

            These are only early indicators, I am sorry to say.  The tax collection jihad has not yet gotten into high gear.

Obama Telegraphs His Ugly Plans to

Take What Belongs to You

Source: Independent Living

            Oh yes, Obama and his opportunists are still enjoying the reins of power, despite their recent voter rebuke.  Totally unfazed, he is doing much more than doubling the number of IRS auditors, bullying Swiss banks into not accepting any more deposits from American citizens, and internationalizing IRS efforts to punish capital flight from U.S. shores.

            The stage is being set to rip off the public in ways small and large, petty and grand.  Anyone who fails to understand the dark forces at work within the desperate U.S. political class is being set up for the slaughter.

BLOG 32811

THANKS FOR THE HELP

Over the last six months or so some of my blogs concerning what is going on in Washington and the Obama Administration I’ve had great assistance on the research of most of the information.  I would highly recommend to anyone to subscribe to the “Independent Living” and the work of Lee Bellinger, Publisher.  I’ve subscribed to their publications including their newsletters for some time. 

If there ever was a reason to get your money out of the tax system the next series of articles will make that abundantly clear.  No one gets audited for having an over funded Life Insurance Policy designed for retirement whereby the money accumulates and is distributed tax free. 

My most recent blogs talking about this administration pushing the IRS to find more money that they can waste on our behalf is true and yet very scary.  There will be a series of blog over the next couple of weeks that I would suggest you pay particular attention to and thanks to the “Independent Living” for their resource materials, I’m more than happy to share it with you.

BLOG 3/14/11

EXIT STRATEGIES ON A TAX FAVORABLE BASIS

One of the benefits of a Private Pension Plan in addition to tax-free retirement income is helping you use it as part of an exit strategy.  When your business is sold if it’s to a family member or a third party getting the asset value of your business on a tax favorable basis could be tricky.  If it’s a straight up and down sale, as you know those assets over and above your basis in your business is subject to capital gains.  Capital Gains Tax now and certainly into the foreseeable future is going to be very high, you may be disappointed at what you receive.

Food for thought, lowering the sales price and the possibility of reducing it and taking some capital as a deferred loan or depending on the circumstances of the business, you could receive a consulting fee paid to your Private Pension Plan and provide some of the death benefit back to the buyer as a guarantee that you will complete your consulting agreement.  An in force Private Pension Plan can get an unexpected boost with sizeable dollars from the sale of your business as part of an ongoing exit strategy.  It sounds complicated but honestly it’s quite simple if you are prepared as retirement nears.  Assets from the sale of your business into your Private Pension Plan is an excellent tax strategy used by many yet others discover too late the advantages mentioned above.  I can’t think of a better way to preserve safety of capital than early preparation in making the right decision.

TAKE RESPONSIBILITY NOW!

Over the last several weeks there has been a series of articles which I outlined in very graphic terms what this President is planning in conjunction with the IRS to intimidate us to help secure additional funds for the President and his spending sprees going forward.  

In Blogs several months ago we talked about how they wanted to acquire Qualified Plans by having those 401K’s and other Qualified Plans being invested into government programs in order to keep your tax deduction on your retirement plans.  Again, take responsibility and act now.

For those of you who are not familiar with a Private Pension Plan, the tax advantages and the ability to keep money out of the tax system forever now is the time to take a good look at this program and see if it works for you.  The only answer to the insanity that is going on in Washington right now for you is to make a personal commitment, and consider a plan putting as much money that is feasible into a program that will escape any taxes against those funds forever. 

Some of you have reviewed my website, others may have scanned it, please go to the contact information on my website and either email me or give me a call either for yourself or someone who you feel may fit the profile.  Getting educated and securing information on Private Pension Plans is a positive first step to financial security that no one can intrude upon, tax or take away any of your assets. 

Make a smart choice today and I look forward to hearing from you soon.

THE ARMY OF EXPECTANT MOOCHERS

NOW OUTNUMBER TAXPAYERS

SOURCE: Independent Living

The list of moochers you and I are expected to permanently bank-roll continues to mushroom by leaps and bounds.  It now includes:

• Incompetent banksters;
• Politically-connected “entrepreneurs” in protected classes showering themselves with stimulus booty;
• Lexus-driving stock brokers who ought to be driving cabs;
• Union thugs running state-controlled auto makers as they angle for control of other industries;
• Government-backed mortgage crooks;
• A miscellaneous and growing list of assorted federally-funded “zombie” corporations.

This does not even take into account all of the out-of-control entitlement programs, which were already running us at breakneck speed toward a financial cliff even before Obama took office.

In addition to the armies of militant moochers camped out on Congress’ front door, the Congressional budget Office (CBO) is warning that tax revenues have fallen so far that the entitlement crisis they were projecting to be a decade away is now imminent.

THE DEATH THROES OF DEBT-DRIVEN CONSUMERISM HAVE

THROWN THE GOVERNMENT INTO A DANGEROUS STATE OF OPERATIONAL INSOLVENCY

Source: Independent Living

Make no mistake: The ever-mooching political class who run the corrupt federal establishment know they risk losing their perks and power if the Treasury continues to run short of cash.  They are a threat to law-abiding, but unprepared, Americans of virtually any means.

In this unprecedented funding crisis – if it comes down to a choice between bureaucrats protecting their interests vs. taxpayers’ interests – you can bet your last dollar the taxpaying middle class are the ones who will get screwed.

In addition to being ruthless and desperate, the political class is deeply infected with a sense of entitlement – to YOUR money.

And, as bad as things are, the truth is even uglier, even deeper.

It’s taken decades, but the political imbeciles in Washington appear to have finally killed the goose that lays the golden eggs of the American Dream – our once fabulous, job-creating private economy.

Looted by lawyers, crippled by draconian regulation,

castrated by job-killing taxation, and micromanaged to

near-death by evil, incompetent, power-seeking

ninnies – America’s once-great system of

entrepreneurship is on its deathbed.

Our debt-driven consumption economy as we have known it is also dead.  And with its passing comes the greatest tax collection crisis government has seen in our lifetime.

Put simply, the economy no longer has the strength to continue funding political schmucks and other taxpayer-dependent parasites in the lifestyle they have come to expect and continue to demand.