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 talking about our Living Trust Program. Setting up a Living Trust is easy to do, and is just one of the instruments, along with Land Trusts, Asset Protection Devices, Self Directed IRA’s, and other tools, which can help protect you, your family, and your business. Using any of these tools, can help protect you, even in this economic time period, when banks are closing, homes are being lost, and more and more investors are losing everything that they own. Check out our Living Trust Program below.

Living Trust Program

There are three main benefits to a funded living trust

Probate can be avoided

Probate is the legal process of distributing property from one who has died to others. During the process, property is distributed and claims are resolved. Most always, there are attorneys fees as well as court costs associated with taking a will through probate. In addition, those who are to receive the proceeds of a will are unable to receive those proceeds until a probate court has allowed them to be distributed. This process can tie up the proceeds from a few months to several years.

If your heirs bring your will to your bank and attempt to withdraw money after your death the bank will not allow the funds to be touched until the probate court grants the bank permission. With a properly drafted living trust, on the other hand, those who you name in the trust can generally go to the bank, bring a copy of your trust along with their identification and your death certificate and withdraw funds immediately in accordance with the trust agreement.

Lawsuit protection

Lawsuit protection can be given to married people when assets are held between two trusts. Assets in a properly drafted trust for the wife can be insulated from the acts of the husband, for example.

Sheltering your estate

You can shelter all or a large portion of your estate when you have conformed to sections 2056 and 2041 of the IRS tax code.

Having property or money in your revocable living trust does not require you to change your federal tax filing. It is analogous to you wearing a different colored hat. You simply file your taxes the same way you did before you had your living trust setup.

There are two ways to put property into a trust.
You change the title to the property. For example you go to your bank, bring your trust document and ask the banker to transfer your accounts into your trust. You can also fill out a simple “quit claim deed” and transfer your real estate from your name into your trust.

You list the property on a “schedule ‘A.’” A schedule “A” is a piece of paper that is usually attached to the back of your trust. It simply describes the property that you would like to have included in your trust. For example, “The brown china cabinet” or “The red antique clock from Germany” or “My Hewlett Packard printer model # JJ54436.” Each time you change your schedule “A” it is best to also have it notarized. Many people update their schedule “A’s” once a year or when they buy expensive items.

It is often best to do both of the above when possible. For example, ask your banker to change the title to your bank account into the name of your trust and also list “Bank of America account # 00533-01349” on your schedule “A.”

You can modify your revocable living trust at any time. You can be the trustee. (The trustee is the one who manages the living trust and holds legal title to the property in the trust for the benefit of another person - or himself/herself - and who is required to follow the directions outlined in the trust document.) That is, you can control your trust. You can change the beneficiaries as many times as you like. (Beneficiaries are those who receive the proceeds of your trust— usually upon your death.) If you like, you can have another person or company act as the trustee to perform the duties under your direction. You can also change who the trustee is at any time. You can put money or property into your trust at any time you like or take it out of your trust when it is your desire.

Many people who have real estate holdings title each property in the name of a different trust. Then they have a company who provides trustee services stand in as the trustee. The trust has a name that is not associated with the one who had the trust setup for you or someone that you know (for example, Global Software & Computer Solutions Centers, Inc. Trust # 24775) so if anyone does a title search in the public records, the one’s name who holds the beneficial interest in the property does not appear.

Owning property in a revocable living trust does not provide you any more actual lawsuit protection than owning the same property in your own name. That is why many use the living trust in combination with an asset protection device. Many people hold title to their limited partnerships in their trust. For example, the parents hold their 15% general partnership interest in their trust. Then their children share the remaining 85% limited partnership interest.
Though the trust does not provide asset protection from personal lawsuits, a properly structured limited partnership does do this, (see above). Then, when you pass away, your general partnership interest can go to those whom you name, such as your children, without having to go through expensive and time-consuming probate procedures.

We highly recommend that you review all trusts in detail with a knowledgeable estate-planning attorney before implementing them into your estate and/or financial plan. Laws vary and change from time to time and your specific needs may vary.

Call GSCSC, Inc. toll free to speak with one of our trained Living Trust Specialists or Consultants for more information. Call us toll free at: (800) 922-5170 or contact your local GSCSC, Inc. reseller.

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.