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www.DallasBusinessAttorneys.com
Telephone: 214.696.0021 (All office visits are by appointment only) Please read our internet lawyer disclaimer before you contact one of our lawyers. Please scroll down for more information about our Texas law firm |
Ancillary Services (provided by Select Wealth Management Services)
Asset protection, wealth
preservation and retirement services
Asset Protection- Asset Protection done properly is custom
tailored for each individual and family and specific to their
needs. There is not a “one size fits all” application that is
appropriate for everyone. Below are a few techniques we have used
in the past…..Accounts Receivable Financing
• Shield you’re A/R from creditors and lawsuits
• Convert an otherwise “stagnant asset” into an “income producing” asset
• All investment vehicles have a guaranteed minimum rate of return
The use of LLCs and FLPs
• Shield assets from creditor and lawsuits
• Offshore Asset Protection Trust (OAPT)
Wealth Preservation or Income Reduction
• Maxi-IRA- If you have an IRA that you do not plan on using during retirement – upon death your family will pay up to 75% in taxes on your nest egg. By utilizing our strategy – not only will you avoid the 75% tax trap, but show you how you can more than double the asset
• Retained Earnings Rescue- The main option most clients and their advisors are familiar with is to simply have the company pay to the owners of the company a year-end bonus. That bonus is a deduction for the company but 100% taxable income to the employee. Bonusing out retained earnings is a painful thing to do since the company already paid a sizable corporate tax on the earnings when retained. This classic double tax situation makes business owners cringe.
Is there a better option than simply bonusing out retained earnings to the business owners or key employees?
Would the business owner like to use a technique where on average 85 cents of every retained dollar could come out of the company income tax free where it would be transferred into an investment where it would grow tax free and come out tax free in retirement? The answer is YES.
Using this technique to remove retained earnings from the company works virtually identical to the non-profit deferred compensation solution. The only difference is that the company with retained earnings will take the place of the non-profit.
• The ABC Plan
Accounts Receivable-Business Continuation Plan
Allows for up to a 95% tax deduction of income
• Super 401(k)- This plan is for owners/professionals seeking a higher contribution/tax deduction than the traditional 401k profit sharing maximum of $46,000, or older owners who need to squeeze 20 years of retirement
saving into 5 to 10 years.
Investment & Retirement
The Ivy League Strategy
• Modeled after the top endowment funds in the country
• Capital preservation is the #1 goal
• Limit the downside and participate in the equity markets at the same time
• Average annual returns 15%+
Alternative Investments
• Absolute Return
• Hedge Funds
• Private Placements
• REIT’s
• Futures
• Private Equity
• Offshore Drilling
• Developmental Oil & Gas Drilling
Income Generation
• Generate up to 8% annually without touching principle while preserving capital
Institutional Money Managers
• Access to Top Money Managers at a fraction of the typical investment - $50k minimum
- Cases may be worked on
jointly or referred. Even if you do not see
your specific issue listed here, please feel free to call our law firm.
One of our attorneys may still be able to help, or send you to a lawyer
referral service. For more information call us at 214.696.0021 or email . (Be
sure to read our disclaimer
first.)
Please click below for more information about our law firm’s other
legal practice areas:
Business
formation, business
entities and transactions
Commercial
& residential real estate
Contract
drafting, breach of contract
and review
Family law,
divorce, child custody
Franchising,
Licensing and Distribution
Investment,
Retirement, Wealth Preservation, Asset Protection, 401(k) Services
(ancillary)
Insurance,
bad faith and deceptive
trade practices
Patent,
trademark, copyright, licensing,
infringement & intellectual property
Personal injury, slip and fall, premises liability and wrongful death
Probate, guardianships, wills & estate planning
_____________________________________
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The Law Office
of David L. Leon, PC
Dallas, Texas
Offering
litigation and transactional services in the areas of
business, real
estate, intellectual property, personal injury, estate planning and
probate.
Neither this site, nor email communications create an attorney client relationship.
Please read our Disclaimer before contacting us.
Telephone: 214.696.0021