GSCSC

Welcome to the GSCSC, Inc. website, and the GSCSC, Inc. website blog. We first of all want to thank you for the many responses that we’ve had with respect to all of our new blogs, and all the inquiries that we’ve received regarding our programs and services. In this article, we will be talking about Wealth Building and Asset Protection Opportunities.

Wealth Building and Asset Protection Opportunities

Date: Tuesday, December 02, 2008 3:24 PM

In This Issue:

Make Money Now Investing in Notes

Safely Earn 8-18% Per Year

$1 Million Real Estate Credit Program

The Strongest Asset Protection Available On the Planet

Aged Company Special Sale Extended One Week!

Captive Insurance Company - $1.2 Million Income Tax Free

Additional Services Available to Help You Succeed

Make Money Now Investing in Notes

Safely Earn 8-18% Per Year

I looked online today and saw that US banks are paying an average of 3% interest on savings. It is doubtful if this will even keep up with inflation. In other words, not gaining or losing, but you know how the banks work right?

Many of my past and current real estate investment clients are now earning 8% to 12% or even 18% or more investing in notes. So, if you have a spare $50,000.00 sitting around somewhere that you are just doing nothing with during this economic crisis, why not put it to work for you and earn $4,000.00 to $9,000.00 a year?

What is a safe secured note?

One definition of a safe secured note is: “A short-term debt security, usually with a maturity of five years or less.” The notes in which my real estate investment clients invest in, are secured by real estate in a very low LTV (loan-to-value) position. In this way, if the borrower on the note does not pay on the note, the client can easily take over the property and be repaid from the proceeds. The key to the safety of the note is the property that secures the note.

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“GSCSC, Inc. currently has safe secured notes that are available for you to acquire right now.” Contact your local GSCSC, Inc. Reseller for details on how to acquire these safe and secured notes. Available while supplies last!

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Here are some great tips:

   1. Only invest if the loan to value ratio is 75% or less. This gives you cushion to make money if you need to foreclose.

   2. Don’t pay any more for the note than you would pay for the property if you were seeking a fair bargain.

   3. Get proof that the property is insured.

   4. Know the property’s appraised value.

   5. Only invest in 1st mortgage position.

Here are some examples:

   1. If you invest $50,000.00 and hold the note for 5 years at 8% per year, you’ve earned $20,000.00 and have turned $50,000.00 into $70,000.00.

   2. Let’s say you invest $50,000.00 in the same 5 year note. You earn interest for three years, earning $12,000.00. The real estate securing the note is worth $100,000.00. You stop receiving payment, so, you foreclose and sell the property. Let’s say the foreclosure cost $2,500.00 and you pay $7,500.00 in real estate commission fees, for a total expense of $10,000.00. You have now earned $50,000 and have turned $50,000.00 into $102,000.00. 

So, even if the worst thing happens, you stop receiving payment, you may stand to earn even more money.

The recent mortgage crisis happened because lenders were lending up to too high a percentage of the value of the property. I firmly believe that if the rules mentioned above would have been followed, the recent financial situation would not have occurred.

Our mission at GSCSC, Inc. is to “Protect and Grow the Finances of Our past and current Clients.” I know of no better way right now to grow finances in a safe, secure manner than to invest in secured notes.

GSCSC, Inc. currently has safe secured notes that are available for you to acquire right now. If you are interested in investing in safe secured notes, call your local GSCSC, Inc. Reseller for more details or call a GSCSC, Inc. Secured Note Representative at: (800) 922-5170. For more details, send email to: info@gscsc.net, and someone will contact you back within 24 hours.

$1 Million Real Estate Credit Program

Has the current recession and credit crunch crisis taken away your major investment avenues? With the downfall and future uncertainty of the stock market and most other investments available, where can you turn to generate large profits quickly during this recession and current credit crunch crisis?

GSCSC, Inc. proudly announces the $1 million real estate
credit program which was specifically designed to help our clients successfully invest in real estate.

The $1 million real estate credit program is a unique program that we provide to our clients where we arrange up to $1 million in financing for real estate purchases with a private network of investors. In addition to the financing, the program includes personalized training on how to invest in real estate by a millionaire real estate investor and trainer, which is necessary to help an entrepreneur succeed.

“This personalized training is not DVD or classroom training,” states Richard Goddeau, Founder/President of GSCSC, Inc. “This is real world hands-on training and it’s individualized to meet the needs of the client. GSCSC, Inc. absolutely refuses to put together a classroom training section to this program as that would only gain mediocre results for our clients. There are plenty of classroom, DVD and online training programs available out there today, but if you are truly serious about getting solid results and making money investing in real estate, then you need personalized hands-on one on one training in real life real estate investing situations, by an expert that understands exactly how real estate investing truly works and how to succeed. This is exactly what we provide to our clients.”

We also offer a reseller program for those who want to make money selling this program to others. Some of our resellers are making over $100,000.00 a year with this program.
           
How does GSCSC, Inc. accomplish a 100% satisfaction rate with this program? The answer is simple. We do it by putting in place a complete package for the client that includes resources no other company in the nation is offering. Here’s what you get:

   1. An aged shelf company for the client to obtain corporate business credit with.

   2. $1 million of secured real estate credit for investing in real estate. Must be used for real estate only.

   3. Personal one-on-one training in your home town by a millionaire real estate investor and trainer.

   4. Additional credit lines for non-real estate purchases once business credit profiles are built.

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“Some of our current resellers are earning over $100,000.00 a year reselling this program.”

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How does the program work?

The client receives an aged shelf corporation or LLC. This provides them with the ability to use corporate credit separate from personal credit and asset protection for their investments and personal assets. With the help of the personal trainer, the client submits real estate purchase proposals for funding. They can receive up to $1 million in secured real estate credit for real estate purchases by a lending institution. In addition to this, GSCSC, Inc. has established and maintains key relationships with many additional private lenders that are willing to lend to our clients when they find lucrative real estate investments. These private investors help the client avoid the road blocks that most traditional banks now place on real estate investors. If you are not sure that these restrictions and road blocks are limited to one type of investor, try applying for credit, and see what happens when you do it.

GSCSC, Inc. provides clients hands-on training by sending successful real estate investors to the client’s home town that will help clients find lucrative real estate properties that generate a positive monthly cash flow. These trainers also help the clients negotiate the deals, including obtaining better prices, low or no down payments, better financing terms and even government subsidies where available.

Using this powerful combination of an aged shelf company, corporate business credit rather than personal credit, using a personal real estate investing trainer and the network of lenders and investors eager to fund lucrative real estate bargains, the client has a powerful team in place to help them close deals and begin making money right away.

GSCSC, Inc. notes clearly here that this program is not for everyone. We will not offer this program to someone that does not follow the guidelines and training necessary to succeed or for those that choose poor real estate properties to invest in. This is not traditional real estate investing tactics, but a more modern method to obtain the results that you are looking for. The client must follow specific guidelines as set forth by our investors.

In order to continue making the program a success for all of our clients, it’s imperative that every client succeeds and there are steps necessary to follow to ensure that every client becomes a successful real estate investor. “This is yet another example of why we don’t use the classroom or DVD model with this program as we did in the past,” emphasizes Mr. Goddeau. “With the classroom or DVD model that we used with clients prior to releasing this one, there was no way to properly prove and ensure that the client not only understands how real estate investing works, but helping guide them through real life real estate deals from beginning to end as well was nearly impossible to do.” This issue has now been addressed by this new model, and works well with those real estate investors that truly know a good program and opportunity when they see it.

Some of our clients choose not to use the program for themselves right away, but rather resell the program to people that they know that could benefit from it first. The advantages to this strategy are that they could make a great deal of money as a reseller and even use some of the profits from reselling to pay for the program for themselves at a later date. This also gives the client the ability to test the new model and program on someone before they invest in it. The reseller program is solid and has been tested to ensure results for our clients.

With the recession closing down most available business opportunities for everyday investors and blocking the opportunities for entrepreneurs to start new businesses, GSCSC, Inc. has found a solution that not only survives during the recession but thrives in it as well.

For more specific and detailed information about the GSCSC, Inc. $1 million dollar real estate credit program, including the opportunities available to you as a reseller, request our program brochure. To begin a faster journey towards becoming a successful real estate investor, please call GSCSC, Inc. at: (800) 922-5170 right away.

The Strongest Asset Protection Available On the Planet

“If you or your family have personal and business assets, including cash, stocks, bonds, property, businesses and inheritance, then you are vulnerable to losing everything you own by a single lawsuit or judgment brought against you,” warns Richard Goddeau, Founder/President of GSCSC, Inc. “Everyone is vulnerable and your assets can be taken away in a split second by one simple court judgment brought against you. If you have built up substantial assets in your business, and also have substantial assets that you gained personally, you will want to protect them at all costs.

GSCSC, Inc. has helped many thousands of clients with asset protection and privacy protection services including business executives, medical professionals, attorneys and everyday people like yourselves, just trying to make a living and build a nest egg. One of GSCSC, Inc’s clients included a surgeon who was in the middle of eight breast implant lawsuits after it was found that silicone had leaked from implants due to the manufacturers’ design. This manufacturer had to file bankruptcy.  Since the manufacturer was no longer available to be sued, the lawyers went after the surgeon himself, though he wasn’t at fault. He enrolled in our asset protection and privacy protection program.

The surgeon had to file bankruptcy to clear away the lawsuits. Beforehand, however, his personal and business assets were under the jurisdiction of a licensed and bonded foreign trustee outside of the United States court’s jurisdiction. The trustee refused to release the funds to the surgeon’s legal enemies. As soon as the bankruptcy removed the debts and liabilities of the surgeon, the foreign trustee released the funds back to the surgeon.

The advantages of setting up an asset protection based and privacy protection based Cook Islands trust compared with a domestic trust are the powerful asset protections and privacy protections that the Cook Islands trust provides to the holder of the trust. With a domestic trust, the trust is required to follow the orders of the U.S. judge and if these orders include turning over the trustees’ entire assets to their legal enemies, then the trust must obey the orders of the judge. The Cook Islands trust however is not required to obey the orders of the U.S. judge and the Cook Islands offers a host of additional protections services for the trust that simply do not exist anywhere else in the world.

These days, you can never leave anything to chance when it comes to protecting your personal assets and your business assets. A stranger, business partner or even a best friend can very quickly turn into your worst enemy when an accident or business dispute occurs. If you have family, especially children, just imagine all of the trouble that they can get you into as well. Simply put, you need to protect yourself and your business before it is too late.

For more information about offshore trusts including the Cook Islands trust, please feel free to call GSCSC, Inc. toll free at: (800) 922-5170 or contact your local GSCSC, Inc. Reseller for more detailed information.

Aged Company Special Promotion Extended One Week!

Our Clients Asked for an Extension and We Are Listening to them! For a limited time, get an 11% Discount on Aged Shelf Companies - Expires December 9th, 2008.

We received a lot of calls over the last week from clients asking if we could extend the time period for our aged shelf company sale, due to the holidays.

GSCSC, Inc. is extending its 11% discount on all of our aged shelf companies, even our offshore aged shelf companies. Take advantage of the benefits an aged shelf company or aged shelf corporation provides during this limited extension special offer. Now is the time to build corporate business credit.

Captive Insurance Company Formation

How to Get Tax-Free Income on 1st $1.2 Million of Your Earnings. Is this possible?

You may have heard about captive insurance companies and what tremendous tax and money saving strategies they are for major corporations. In fact research shows that about 80% of the S&P 500 companies own one or more captive insurance companies. But did you know that they can work very well for smaller sized businesses as well.

A captive insurance company is an insurance company specifically created to insure its parent company. Basically, a captive insurance company is created as a self-insuring insurance company. This is a powerful opportunity for you to save a great deal of money in taxes, eliminate the money you are paying to your current insurance company and instead invest a smaller amount of this money into your own captive insurance company and earn revenue from the
investments the insurance company invests in. What can a captive insurance company do for your business?

Provide a much lower cost for insurance (thus saving you money).

The first $1.2 million earnings per year is tax-free.

Premiums are deductible.

Captive insurance provides coverage for areas your current insurance company may not be insuring you under.

Money from the insurance can be invested in sources that produce income, such as a high yield Swiss bank account.

Offshore captive insurance companies offer you even greater benefits.

For more specific information about forming your own captive insurance company and detailed benefits you will receive by setting one up, please feel free to call GSCSC, Inc. toll free at: (800) 922-5170 or feel free to contact your local GSCSC, Inc. Reseller for more detailed information. This is an exciting new service and program that we know our clients and resellers will love.

Additional Services Available to Help You Succeed!

Managing your estate, including various companies and trusts can be very complicated and time consuming. You may have been wanting to make some changes to your existing aged shelf companies including:

Name changes and updating officer lists.

Handling State Filings Fees.

Office staffing to answer phones or receive packages without having to hire additional employees.

estate planning or tax strategies for this years tax return.

Are you taking full advantage of all of the benefits available to you? Do you need any help making changes or updating your estate? Do you need your personal credit repaired?

You probably already know that GSCSC, Inc. can help you with asset protection, incorporating services, business credit building strategies, personal credit repair strategies and offshore banking services, but did you know we can also help you with many of the smaller tasks including business document filings, setting up office programs including a receptionist to answer phones and sign for packages; without having to hire additional employees, corporate kits, corporate seals, corporate binders, tax reduction strategies, estate planning and much more.

We also provide you with peace of mind by providing a free asset protection checkup to go over your asset protection and wealth building strategies with you to make absolutely sure that you are completely protected. Our core mission is to help our clients not only protect their assets, but grow their wealth as well.

For more detailed information about the additional services that we can provide you, please feel free to call GSCSC, Inc. toll free at: (800) 922-5170.

Welcome to the GSCSC, Inc. website, and the GSCSC, Inc. website blog. In this article, we will be discussing our Asset Protection and Privacy Protection Program. This is one of the most important aspects to operating a successful business. Protecting your Personal and Business Assets is extremely crucial, especially when there are more and more money hungry individuals, businesses, and tort lawyers, looking to sue you and your business for everything that you own. If you use a strong Asset Protection and Privacy Protection instrument, you will make it extremely difficult for anyone to come after you personally, and you will make it even more difficult for someone to come after your business. Note: Before you begin thinking about Asset Protection, and Privacy Protection for your business, there is one vital key element to implement first. That vital key element is to build your corporate business credit first. After building your corporate business credit, gaining assets, and making yourself as public as possible during the corporate credit building process, and obtaining your funding, CASH, Etc, then you will want to move into Asset Protection and Privacy Protection. Some people also call this Business Privacy. I get asked all the time, is Business Privacy real, and can it help you from getting sued? The answer to this in the beginning is NO. In the beginning, Asset Protection and Privacy Protection or Business Privacy, and corporate credit building are not a good mix. You want to put yourself out there as much as possible when you are building your corporate business credit, but once it is properly established, and once you have something solid, and valuable that you want to protect personally, and within your business, Asset Protection and Privacy Protection do play an important role in preventing you from being sued by money hungry lawyers, individuals, and companies out there that are failing, and want to take you and your business for everything that they can, in order to remain operational. Here is our Asset Protection and Privacy Protection program.

Complete Asset Protection Program

Introducing our Complete Asset Protection Program! Nevis corporations and LLC’s, formed on the small Caribbean Island east of Puerto Rico, have become one of the most attractive and convenient offshore corporation structures in the world by the enactment of the Nevis Business Corporation Ordinence of 1984. The support of the Nevis government in the development and administration of the corporate registry provides the international practitioner and investor with total cooperation and commitment unparalleled in the offshore industry.

Nevis Corporations Offshore Privacy and Asset Protection

When you are choosing an offshore domicile for complete Asset Protection and complete Privacy Protection, the following factors should be very heavily considered and are provided for in Nevis companies as follows:

Political Stability;

Governments Policy of Maintaining Offshore Haven Status;

Confidentiality and Anonymity Provided by Statute;

Tax Exemption Provided by Statute for a Nevis Corporation;

Excellent Communication Facilities;

Complete Accessibility of the Offshore Haven.

Trustee Services that are stable and reliable.

The advantages of Nevis companies provide for a stable, convenient and discreet domicile to carry out business activity when the use of an offshore haven would be beneficial or necessary.

The Nevis Business Corporation ordinence 1984 is an exceptionally flexible and very powerful international business statute incorporating both American corporation law and English common law concepts:

No taxes are imposed in Nevis Corporations or LLC’s upon income.

Nevis Limited Liability Company or Nevis LLC law offers superior Asset Protection and Privacy to corporation law of other jurisdictions and is strictly governed.

Nevis Asset Protection and Privacy provisions are superior to other countries

Nevis Corporation dividends or distributions which are not earned on the island are free from local tax

Annual reports or financial returns are not required

The corporation can own an offshore bank account for enhanced Asset Protection and Privacy Protection

Principle office and records for a Nevis Corporation or Nevis LLC may be located anywhere in the world

Directors, Officers and Shareholders need not be citizens or residents of Nevis

A corporation or LLC may act as Director and as Secretary

Bearer shares are permitted with a Nevis Corporation or LLC, many places usually don’t allow this

More Nevis IBC Benefits…

Here are a few more equally important benefits of our Complete Asset Protection and Privacy Program. These are:

Limited business activity may be carried out in Nevis while still maintaining tax exemption

Nevis Corporations and LLC’s may redomicile into and out of Nevis if desired

A Managing Director of a Nevis Corporation may be appointed to guide the activities of the company if desired

Directors and Shareholders may act by unanimous consent without a prior meeting being held

A Note From Richard Goddeau, the Founder/President of GSCSC, Inc.

About the search for Nevis

We spent a lot of time, effort and money researching and looking for an offshore domicile program that we could honestly recommend to our business clients who are seeking the complete Asset Protection and complete Privacy Protection of a base outside of the United States. There are literally hundreds of places promoting their spot as the best.

The one thing that I demanded and insisted on right from the start, was absolute propriety, where there would be a scrupulous regard for international law and the laws of the United States of America. No phony banks, no money laundering, no tax evasion. There’s been a lot of that around the world, and I wanted no part of it.

So when I finally arrived to visit Nevis, an independent nation, which has joined St. Kitts to form the Federation of St. Kitts & Nevis, I was very intrigued with this. The more I investigated this, the more confident that I became that we had found a truly peaceful, law-abiding base for our clients seeking complete Privacy and strong Asset Protection. After returning to the United States, GSCSC, Inc. put together a powerful Asset Protection and Privacy Protection package that we now offer to our clients across the U.S.

The fact that Nevis’ corporate law and Nevis Asset Protection and Privacy Protection provisions are largely based on U.S. and British codes was one of the first and most important aspects of the country that attracted me. For GSCSC, Inc, and our customers, that meant no major legal problems in understanding how to do business there.

Many of our clients seek to expand their businesses around the world and need to be free of the cumbersome legal code questions and corporate procedures they face in some domiciles. They need a very secure, dependable, stable and reliable domicile, a place where they know that the laws will be fairly and honestly followed. That’s Nevis. And believe me, we’ve thought long and hard about this before deciding that we could recommend Nevis to our clients. With our long history of doing business with multitudes of corporate clients and our reputation to guard them and their Assets, we don’t dare go with anything but the very best for our clients. That is why we recommend this program.

There were other important factors as well, of course. We had to look at Nevis corporations and LLC’s from a strictly business point of view. Knowing our clients, and knowing that their personal and business Assets have to be protected at all costs, we looked for a secure and private base that offered such things as these:

No disclosure of Owners, Officers, or Directors.

Strong, safe banking institutions.

No requirement for annual financial returns.

Freedom to locate offices and records wherever desired

Ability to maintain certain control without ownership.

No requirement that officers or directors be citizens of the country where Assets are Protected.

Freedom to issue bearer shares.

Authority to redomicile in or out of the country.

Highly regulated and extremely strict privacy laws.

Nevis corporations and LLC’s more than met our requirements. Underlying all of these considerations is the fact that Nevis is a stable, parliamentary, democratic country. That’s why I can honestly recommend this powerful Asset Protection and Privacy Protection program to any business client who wishes to enjoy the benefits of an offshore domicile and to highly consider Nevis for this purpose. I think many American business people simply don’t realize how they can benefit from an offshore domicile. Complete Asset Protection and complete Privacy Protection are two of the major factors.

With more and more tort lawyers, individuals, and other businesses enjoying wide latitude these days, an offshore domicile could be the cheapest form of liability insurance an American company could find. Right now the U.S. is in the midst of a “litigation explosion.” I think Nevis is the kind of bomb shelter many businesses need to escape the fallout from that explosion.

Nevis Complete Management Package

Our Full Service Management Contract and Full Service Management Package will cover all of the following services listed below, including incorporation of your Fiduciary Structure, at no extra cost except for courier fees. The Fiduciary Structure will have a $2,495.00 annual renewal fee. Let our experienced team of experts take care of your Asset Protection and Privacy Protection needs. See what is included below. The Nevis Complete Management Package Includes the Following Services:

Formation of a Nevis Asset Protection and Privacy Protection Limited Liability Company (LLC)

Offshore bank account established in a Class A Top-Rated Bank (at the time of incorporation

Caribbean mailing address with mail forwarding

Caribbean telephone number answered by a live receptionist

Caribbean fax number

Annual registered agent fee

Annual government fee

Nominee directors & officers

Debit card (at time of incorporation)

Brokerage accounts (at time of incorporation)

Online access to bank and brokerage accounts

Power of attorney (POA) giving you 100% control

Offshore Asset Protection and Privacy Protection Trusts

An offshore Asset Protection and Privacy Protection trust is considered by many experts to be the strongest Asset Protection and Privacy Protection vehicle on the planet when established in the proper jurisdiction. Assets are conveyed to the offshore trusts. You designate the trustees, settlors and beneficiaries. Only a few jurisdictions have laws that strongly favor the offshore Asset Protection and Privacy Protection trusts that most businesses favor. These jurisdictions are the Cook Islands, the Isle of Man, and the island of Nevis. All three jurisdictions have powerful laws that provide very strong Asset Protection and Privacy Protection, and they are politically stable.

Most if not all Legal Experts agree that the Cook Islands has the strongest of Asset Protection and Privacy Protection case law history anywhere in the world, and this is why most business owners seek out this type of program from us to Protect their Personal and Business Assets.

If you would like, you can name yourself as the only beneficiary to the trust. Alternatively, you can have several beneficiaries listed on the trust if desired. Any trustee that is appointed to your trust, must be fully qualified and licensed to provide trustee services in the jurisdiction where the trust is setup. The offshore government thoroughly screens and regularly audits all trustees. Any unsuitable trustee can be replaced by you. You can remain in total control of the investments or you can legally require the trustee to take your direction on investments.

Advantages of an Offshore Trust

The major advantage of an offshore trust of course, is Asset Protection and Privacy Protection. Personal and Business Assets are kept out of the reach of money hungry individuals, companies, or creditors. US Judges and those in other locations do not have legal jurisdiction over foreign citizens. Local judges cannot legally compel the foreign trustee on your trust to release funds to your judgment creditor, to an individual, or to a company. The Cook Islands, Nevis, and Isle of Man do not recognize any form of judgments that originate in a foreign country, such as the United States of America. Any form of litigation must be initiated in the offshore jurisdiction to reach the Assets that you are Protecting. Some offshore jurisdictions place many obstacles in the way for those who attempt to bring any litigation to the trust. In Nevis, for example, a creditor must post a $25,000.00 cash deposit to bring the suit against a Nevis trust. In the Cook Islands, the suit must prove beyond any reasonable doubt that Personal or Business Assets were transferred into the trust in order to defraud the creditor in question. This is most difficult to prove.

With a Cook Islands Asset Protection and Privacy Protection Trust, the statute of limitations states that the time limit for your opponent to claim fraudulent transfer is one year or two years after the underlying cause of action. Therefore, when the lawsuit is completed in the U.S., the statute of limitations in the offshore jurisdiction will usually have expired. The lawsuit, therefore, could no longer be successfully pursued in the Cook Islands after that time. As a result of this, there are exceedingly few trust lawsuits ever pursued by U.S. courts in the Cook Islands. Moreover even if the lawsuit is brought before the clock runs out, the opponent must prove without a doubt that your sole intent for creating the trust was to willfully defraud that particular creditor which is hard to prove. To top it off, the proof must be beyond the shadow of a reasonable doubt, which is a very high legal hurdle to even attempt to jump over.

Keeping it Secure

One of the best and strongest Asset Protection and Privacy Protection strategies and instruments that you can use to protect you personally, and which will also protect your business, combines the Nevis Corporation or Nevis LLC and a foreign trust such as one created in the Cook Islands. Personal and Business Assets, such as offshore bank accounts, can be held by the Nevis Corporation or Nevis LLC. All of the membership interest (ownership of the Corporation or LLC) is given to the foreign trust. A U.S. resident, such as the one having the legal tools created for them by GSCSC, Inc, can be the manager of the Nevis Corporation or Nevis LLC. The manager has all legal control over the Nevis Corporation or Nevis LLC and signature authority over all of the bank accounts. When properly structured and properly operated, Personal and Business Assets are protected from seizure by judgment creditors, individuals, and companies trying to bring suit against you. It is possible, in this case, for a U.S. resident to control all of the Personal and Business Assets, to have full access to them, and yet own none of them at all, even though you actually do.

When the “bad thing” (the lawsuit) happens to you or your business, you temporarily have the licensed, bonded trustee step in as manager or director of the Corporation or LLC and manage your accounts. Now the trustee will do for you what you have paid them for: Protecting Your Assets. Doing things in this way, the only time the trustee steps in on your behalf is when your Personal and Business Assets would be taken by the court system.

When the “bad thing” goes away you are immediately restored as manager or director of the Corporation or LLC.

The offshore trust is best suited for offshore bank and brokerage accounts. U.S. courts have jurisdiction over U.S. real estate. The domestic courts dealing with your case can legally demand seizure of such types of Assets. Titles for domestic real estate can be held in the Nevis Corporation or Nevis LLC that is owned by the trust, but should be liquidated and all of your funds should be moved offshore in the event of legal duress. To avoid these issues however, you can also setup a Land Trust, and Living trust to be used along with this strategy to further protect yourself, your Business, and your Personal and Business Assets. Thus, it is best to keep the Personal and Business Assets that you own completely out of reach of the domestic courts at all cost.

The appointed trustee assigned to your company is fully licensed and bonded, meaning that they went through very intensive background checks before a license was granted to them. The trustee is fully bonded, meaning that funds managed by the trustee are fully insured. Moreover, the trustee company that we utilize is over 30 years old. Again, with most Asset Protection and Privacy Protection trusts, the only event in which the trustee steps in on your behalf is when your funds are threatened by the courts. So the main two alternatives in such an event are as follows: 100% chance of funds being seized by the courts vs. accounts being protected by a licensed, bonded trustee that has faithfully protected client funds for over 30 years.

Comparison of Offshore Trusts Jurisdictions

Wealth Protection: Specific Provisions

Bahamas

Belize

Bermuda

Cayman Islands

Cooks Islands

Gibraltar

Jersey

Turk & Caicos
PROTECTION OF SETTLOR:
Settlor can be a Beneficiary

yes

yes

yes

yes

yes

Retention of control by Settlor

yes

yes

Protection from subsequent bankruptcy

yes

yes

yes
PROTECTION OF BENEFICIARY:
Spendthrift beneficiaries provisions

yes

yes

yes

Avoidance of forced heirship

yes

yes

yes

yes

yes

PROTECTION FROM FOREIGN JUDGEMENTS:
Specific non-recognition provisions

yes

Is the Hague Convention applicable?

no

no

no
PROTECTION FROM CREDITORS:
Exclusion of Statute of Elizabeth laws

yes

yes

yes

yes
Trust invalid if transfer fraudulent

no

no

Creditor must prove fraudulent transfer

yes

yes

yes

yes
Clear definition of fraudulent transfer

yes

Separation of creditor claims

yes

yes

yes

yes

yes
Statutory limitation on fraudulent transfer

yes

(2 yrs)

yes

(6 yrs)

yes

(6 yrs)

yes

(1 yr)

OTHER ISSUES:
Retroactive protection for immigrant trusts

yes

Community property provisions

yes

Specific exclusion of foreign law

yes

yes

yes

yes

Choice of law is binding

yes

yes

yes

yes

yes

yes

yes
Custodian trustee permitted

yes
What is needed for Offshore Companies and Accounts

Name for Company

Contact address

Contact Name

Shipping Address

Billing address for the Credit card payment, you can fax a check, western union, bank deposit or wire as well.

Contact email

Director(s)/Manager(s) and addresses

What is Needed For the bank

Completed application

Notarize copy of passport or Drivers License

Bank reference letter

Personal reference letter for a Doctor, attorney, CPA or another person in business

Utility Bill to show proof of residency

Original Bank Statement

What is needed for the Cook Island Trust
 
Completed application

Notarize copy of passport or Drivers License

Bank reference letter

letter for a Doctor, attorney, CPA or another person in business

Utility Bill to show proof of residency

Original Bank Statement

Once we receive your signed, notarized service contract, and payment, all documents will be professionally prepared, and emailed or shipped to you for final signature, and the services will be rendered. If you would like more information on this Complete Asset Protection and Privacy Protection Program, please feel free to contact one of our business consultants, or ask your local GSCSC, Inc. Reseller for more details. Call us toll free at: (800) 922-5170.

Welcome to the GSCSC, Inc. website and blog. In this article, we will be discussing our Land Trust Program. Land trusts can be extremely beneficial when you want to protect your personal property, commercial property, apartment complexes, and other land or properties. Land trusts can be setup for individuals, and they may also be setup to allow your company to be in control of the properties as well. Though this in itself, is not the main tool for providing complete asset protection, it is one of the most important tools you can use. In addition, you can use Living Trusts, and an Asset Protection instrument such as a Roth IRA, and other tools to protect yourself personally.

Land Trust Program

Why form a Land Trust?

A land trust is a document we create that allows your property to be held privately so your name does not appear on the title in the public records.

Let’s say you get in a car wreck. You have $1,000,000.00 of insurance. But you hit a stock broker & suddenly, you get sued for $3,000,000.00. If you own your house and investment properties in your own name, the lawyer suing you will easily find your house and any other properties in the public records. If you own a home, it shows some financial stability and the lawyer will be much more likely to file the lawsuit against you.

The opposing attorney can immediately have the sheriff pull up in front of your house, bang on your door while you are eating dinner and hand you your lawsuit in front of all your neighbors. However, when you have your house in a land trust, your ownership is hidden. Your land trust does not have to be filed in the public records. It keeps your ownership private. Nobody has to know you own your house but you, and this is how it should be.

What is a Land Trust?

The land trust has four major components and they are: Number 1 is the settlor. That is you because you are having the trust created. Number 2 is the trustee. The Trustee’s control is limited by the terms of the trust. This can be a sister or an in-law, trusted friend or family member. To enhance your privacy, it is best to choose someone without your last name. All legal trusts need a trustee but with this kind of trust their rage of control is dictated by the trust. Number 3 is the trust’s beneficiary. That is the one who receives all of the benefits of the trust. That is either YOU (or one or more individuals or companies which you designate). The beneficiary can have all of the control. The beneficiary can direct when property is bought and sold. The beneficiary is the one who can refinance the property or can collect the rental income from investment properties. Finally, number 4 is the corpus of the trust. The corpus is the capital or principal (items of value) within the trust.

Benefits of a Land Trust

The great thing is that all the top tax benefits remain in tact. With a properly structured land trust, when you sell your house the tax benefits remain. If you’ve resided in the home for two out of the last 5 years you don’t have to pay taxes on the profits when you sell on up to $250,000 of profit for single person or $500,000 for a married couple, when structured properly. What you have achieved is privacy of ownership of all of your property.

What Will the Lender Say?

The Garn - St Germain Depository Institutions Act of 1982 specifically allows one to place one’s property into the type of land trust to which we refer without triggering the due-on-sale clause. That means that one can transfer mortgaged property to a land trust without interference from the bank. This is the case as long as the borrower remains a beneficiary, the property consists of fewer than five dwelling units, the trust is revocable and does not convey rights of occupency to others.

Garn-St Germain Depository Institutions Act of 1982 TITLE 12 > CHAPTER 13 § 1701j– 3§ 1701j–3. Preemption of due-on-sale prohibitions
(d) Exemption of specified transfers or dispositions

With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupency in the property; or
(inter vivos trust = A trust created during the lifetime of the settlor. The settlor is the one having the trust created. The type of Land trust to which we are refering to is more commonly referred to as an inter vivos trust).

Where Can I Use a Land Trust?

Land trusts have been used in all 50 states.* Some state statutes do not make specific reference to a land trust but they have been used in all states.**

So, your land trust owning your property can give you the privacy to protect you from losing your own home, your car, your bank account and having 25% of your future income garnished for the next 20 years. Again, it, alone, is not an asset protection device. It’s purpose is to shield your real estate from prying eyes. Rather than holding title to your real estate in your name for all to see, it provides a barrier between you and those who do not have your best interest in mind. Thus, it can decrease the chance that a lawsuit will be filed against you.

What Do I Have to Do?

Call GSCSC, Inc. toll free and speak to one of our trained Land Trust specialists. After you order, we will email you your land trust questionnaire. You will complete the questionnaire and return it by fax. Your documents will be prepared. The trust deed, which is approximately 12 pages, will be created. You keep this in your file cabinet at home or in a safe deposit box. The grant deed, transferring your property from your name to your trust will also be prepared. This document is recorded in the county recorder’s office in the county where the property is located. The assignment of beneficial interest document, which transfers the beneficial interest in your property to a company, person or living trust will also be included if you choose this free option.

What Is The Cost?

With all the benefits – we offer our services for a significant discount. Please call for more details. You may contact one of our resellers or call us toll free at: (800) 922-5170.