Pat Tarr Real Estate Asset Protection Safe Land Trust

Bought this a year ago for over $100 .  It is used less than 4 times..  Here is what I copied the description below. Please be courteous and pay immediately once you win the bid.  It is worth your time to buy this rather than paying over $1000 of dollars for a fee.  Please see Pat Tarr website and research before making purchase. 

  

These simple but vitally important things must be with you on your upward move toward success. Guard and protect them. What are they? 

  

1.Security, peace of mind.  

2.Freedom from gnawing fear.  

3.Having enough for a comfortable life.  

4.Enjoying dignity and respect from family and the community.  

5.Not being a burden on those you love. 

6.Freedom to make your own decisions. 
  
  
But why do you have to protect? What's out there which is dangerous and threatening to your financial health? 

1.Lawsuits. 
Here are some sources! 
 

A.Tenants are suing landowners in alarming numbers. It's like the lottery to them. Lead poisoning issues, even mold can trigger suits. 

B.Auto accidents - no matter how trivial. 

C.Slander - ever give a less than glowing reference for an ex-tenant? 

D.Discrimination. Remember, there are "testers" who come to your property just to set you up for a discrimination suit.

  

2.Excessive taxation. 
Protective planning is needed to avoid capital gains tax, estate tax and too much income tax. 

  

3.Guardianships 
in case you become temporarily incapacitated. Plans should be made now to avoid being taken over by the county! 
 

What dangerous activities should you avoid now? 

1. Never be in an informal "partnership" with anyone such as friends getting together and rehabbing or buying a rent house. 

2. Do not put your real estate, bank or brokerage accounts in a joint survivorship account - ever! 

3. If you have even one employee, always do business as a corporation or an LLC. 

4. Do not be on anyone else's board of directors. (Remember Enron's directors! They are in a world of hurt.) 

  

What should you do next? 

  

Get down to business and actually build your firewalls. "Armor and Camouflage" workbook and audio discs actually teach you how, when, why and where to establish your own state of the art Asset Protection Plan. 

  

1. Learn about Asset Protection yourself. Don't just rely upon your accountant or your lawyer (Although you need them). Rely upon yourself - - knowledge is power. If you have the correct tools of this knowledge, you've come a long way! 

  

2. Place all parcels of your real estate in land trusts. 

  

3. Your businesses and professions will be in corporations or limited liability companies. 

  

4. Dangerous properties will be grouped in limited liability companies. (Any property with a tenant in it is dangerous!) 

  

5. Safe assets will be in a separate limited liability company. (Owned mortgages, stocks and mutual funds are examples.) 

  

6. Your own little corporation will manage all of the limited liability companies. C corporations can provide enormous income savings through employee benefit plans. (Especially if the only employees are you and/or your spouse!) 

  

7. You'll know how to encumber the title to your family home with the biggest mortgage or home equity loan possible. In that way, predators are not at all interested in foreclosing on your house. 

  

If all of these things are done, then soar into success knowing that everything is safe and secure at home base. 

  

On the audio CD set "Armor and Camouflage", is a step-by-step explanation of what to do, when and why. Forms are provided for each entity. How to use each form is explained fully. 

  

If you can't do it all alone, get the help of an excellent attorney. (Not all lawyers do Asset Protection work - find one who understands all of the phases well.)