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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (48959)10/19/2000 8:31:10 AM
From: donjuan_demarco  Respond to of 769670
 
Jeff I live in a state where it is virtually impossible to collect a debt from an individual.

Unless they guy is Donald Trump, it's not even worth the cost of suing him, you will never collect.

The following offer complete protection from creditors (other than IRS and dept. of revenue):

(1) Homestead --- unlimited
(2) Annuities -- unlimited
(3) Cash Value of Life Insurance --- unlimited
(4) IRA (regular or roth) --- unlimited
(5) Pension & Profit Sharing --- unlimited

That's why asset protection planning isn't a big part of my practice, it's totally unnecessary --- if you are worried about creditors, put your money in variable annuities, nobody can touch it.



To: Oral Roberts who wrote (48959)10/19/2000 11:49:31 AM
From: nihil  Respond to of 769670
 
Maybe you ought to move to a freer state, instead of stewing and whining.