"Building Your Financial Fortress" gives a first-hand look at how litigious our society has become, with examples of lawsuits filed across the country, and a number of specific strategies that one can... This description may be from another edition of this product.
I have owned several small businesses in the past, partnerships, little stuff out of my home (from homemade jewelry to graphic design)and didn't open my eyes to my vulnerability. What I learned: I have left myself wide open for lawsuits, IRS audits, and paying way too much on taxes. Way too much on taxes!! Here's the skinny on Building Your Financial Fortress, it's not enough to just start a business. You must incorporate and you must incorporate your business in Nevada. Keep your store front just have the paperwork done in NV. Why? Incorporating under NV law protects one's personal assets, if sued. Also, there is NO state tax! NO small business tax! NO ridiculous city, county taxes! But, Building Your Financial Fortress keeps the good news coming with helpful chapters on living trusts, retirement plans, and a comprehensive review of Identity Theft - something I needed insight on and it woke me up like a stepping on a rake. Building Your Financial Fortress is a nice surprise out there. Easy read, no scams, just two people that have done their homework telling the world how you can gain and maintain your wealth! I feel that many folks don't start their own businesses because they "fear" of losing it all. Financial Fortress eliminates the "fear" with proven strategies with completely legal means. Compelled to tell you that I checked up the info myself (I'm a skeptic) and I encourage all readers to do so: This Book Is Legit! Seriously, take advantage of this book and the laws of Nevada. It's no surprise that rich families have been maintaining their wealth with the same principles and structure. I am over 60 years old, not retired, and I love working for myself. This book has given me some new ideas and encouraged me to keep going. I guess I just wanted to write this review because I am on Cloud 9 right now and felt that I should share this book's secrets with the world...READ THIS BOOK AND GET READY FOR THE GOOD LIFE!
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