Using your Private Interest Foundation
Once you got your Private Interest Foundation established, your life will change - and it should, if you are serious about taking advantage of the benefits it gives you!
The very first thing you need to make part of yourself, is
accepting a new paradigm of "wealth". |
You do not need to own anything!
Actually, owning something is a liability! You are being charged taxes on what you own! By owning something of value, you expose yourself to the risk of litigation from greedy money sharks, who want a chunk of your wealth! And your creditors love you for what you own, not for who you are...What you need, in terms of wealth, is this:
All this is achievable when you settle your Estate to an Offshore Trust and start organizing your financial life so it does not benefit yourself directly - but your Foundation...
The essence is that, with a Private Interest Foundation , you can officially "disappear" from the surface of financial life! You certainly don't need to be inactive - but when you conduct all your financial transactions in the role of an agent for your Foundation, private as well as business, you get to enjoy all the benefits of the wealth you create - and hardly any of the disadvantages!
A Private Interest Foundation is like a screen that can take from you and pass on to you the positive effects of your transactions, leaving all the negative ones out. This way, all the negative stuff, like liability, debt, lawsuits, threats, etc. stays with you - and it is totally separated from your assets, your ability to do business, and your enjoyment of the wealth you created.
The simplest way of understanding it probably is by seeing your Private Interest Foundation as your "Rich Aunt", who loves you dearly and wants to do anything for you he possible can - as long as you take responsibility for his wealth!
Here is a brief overview of the main benefits you get
from a Private Interest Foundation :
One important thing to keep in mind about Private Interest Foundation you use: Such an offshore legal entity is NOT a bank account you simply pull money out of when you need it... You have to accept that Cuoncil will need time to consider the validity of your wishes - for YOUR protection! Therefore, you need to plan the financial transactions you want your Foundation to undertake at least a few weeks in advance of your needing the action to take place, unless you set up subsidiary accounts you can use as buffers, like a credit card account or a trading account.
|"Determining the set-up that fits YOUR needs"|