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with Jeff Watson, Esq. “The Lawyer To The Gurus” “Tax FREE Money Forever”

with Jeff Watson , Esq. “The Lawyer To The Gurus”

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“Tax FREE Money Forever”. with Jeff Watson , Esq. “The Lawyer To The Gurus”. What You’re About to Discover A roadmap to an unfair business advantage 3 Keys to Building & Keeping Wealth. The Challenge For Real Estate Investors. “Cookie Cutter” Legal Advice – SAM’S STORY - PowerPoint PPT Presentation

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Page 1: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

with Jeff Watson, Esq.

“The Lawyer To The Gurus”

“Tax FREE Money

Forever”

Page 2: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

What You’re About to Discover

A roadmap to an unfair business advantage

3 Keys to Building & Keeping Wealth

Page 3: with  Jeff Watson , Esq. “The Lawyer To The Gurus”
Page 4: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

The Challenge For Real Estate Investors

• “Cookie Cutter” Legal Advice – SAM’S STORY• Not Getting Ahead – Paying too much in Taxes• Little Or No “REAL” Wealth Protection• Struggle to Keep “Hard Earned” Wealth

Page 5: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Challenges for RE Investors

• Don’t FLIP and HOLD Property in same business

• Not understanding the important differences between a single member LLS and multiple member LLC

Page 6: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

A couple of very important CONCEPTS…

• “Contingent Fee” Attorneys

• “Heat Seeking Missiles”

• There are only a few “Power” States

• Not all Operating Agreements are created equal

Page 7: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

?

Page 8: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

SAM’S STORY

• REHABBER• LANDLORD• 1 LLC FOR EVERY REHAB• 1 LAWSUIT• LOST IT ALL: 30 PROPERTIES

-B.K.-MULTIPLE FORECLOSURES-DIVORCE

Page 9: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

“Litigation can be War”• It’s very important to know how a contingent

fee attorney thinks.

• Would it help to know what your opponent is thinking?

• Just imagine how it would feel to use that knowledge to your advantage when you ever get sued or threatened with a lawsuit

Page 10: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

“The Omega Wealth Protection System”

Page 11: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

“3 Keys To Building & Keeping Wealth”

• Put Your Wealth Behind “The RIGHT Shield”

• Do Business The Right Way

• Distribute Your Legacy As You Want

Page 12: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

#1 - Put Your Wealth Behind The RIGHT Shield

• An entity is a business organized according to state law to limit the liability of the owners

• Entities can be…– Corporations– Limited-liability companies (LLCs)– Limited partnerships (LPs)

• Not All Entities Are Created Equal

Page 13: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

#1 - Put Your Wealth Behind The RIGHT Shield

• Move Your Assets Into a Low Risk Entity with proper Operating Agreements

• Do Business In The Name of an Entity

• NEVER HOLD properties in Corporations• Not All Entities Are Created Equal– Beware of the “FREE LLC”• Most Importantly …

Page 14: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

“Remember...

Best block, no be there”

Page 15: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Not All Paperwork is Created Equally

Page 16: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

#2 - Do Business The Right Way

• Keep A Record Of…

– Capital Contributions

– Ownership

– Operations

Made easy by

Omega System

Page 17: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

“My client, Wil’s Story”

865 N.E.2d 944 (Ohio App. 11 Dist. 2007)

170 Ohio App.3d 26, 2007-Ohio-122

SNYDER, Appellant,

v.SNYDER et al., Appellees.

No. 2004-A-0056.

Court of Appeals of Ohio, Eleventh District, Ashtabula

County.Jan. 12, 2007

Nicholas A. D'Angelo, Painesville, for appellant.

Jeffery S. Watson, for appellees.

865 N.E.2d 944 (Ohio App. 11 Dist. 2007)

170 Ohio App.3d 26, 2007-Ohio-122

SNYDER, Appellant,

v.SNYDER et al., Appellees.

No. 2004-A-0056.

Court of Appeals of Ohio, Eleventh District, Ashtabula

County.Jan. 12, 2007

Nicholas A. D'Angelo, Painesville, for appellant.

Jeffery S. Watson, for appellees.

Page 18: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

#3 - Distribute Your Legacy As You Want

• Avoid Unnecessary Taxes• Prevent Your Heirs From

Fighting• Avoid Lengthy Probate Delays• Transition Your Business To

The Next Generation

Page 19: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Rockefeller Family

Name Gross Estate Settlement Costs

Net Estate Percentage Shrinkage

John D. Rockefeller Sr.

$26,905,182 $17,124,112 $9,780,194 64%

John D. Rockefeller Jr.

$160,598,584 $24,965,954 $135,632,630 16%

Page 20: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

What is H.I.N.T.?

Page 21: with  Jeff Watson , Esq. “The Lawyer To The Gurus”
Page 22: with  Jeff Watson , Esq. “The Lawyer To The Gurus”
Page 23: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Cash Flow Appreciation

Page 24: with  Jeff Watson , Esq. “The Lawyer To The Gurus”
Page 25: with  Jeff Watson , Esq. “The Lawyer To The Gurus”
Page 26: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Make TAX Free Money For Life

Page 27: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Which would you rather have?

$1,000,000 CASH Right NOW

OR

$.01 (one penny) that doubles in value every day for 30 days

Page 28: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Penny doubled every day for 30 days is TAXED.

$5,368,709.12 vs.

$86,495.82*

Page 29: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Congress told IRS

“These Special Accounts are Tax Protected”

Page 30: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Learn the unique rules for self-directed accounts

“Mumbo jumbo” deciphered“Riches are in the niches”

Page 31: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

You can invest your self-directed account into almost anything

Just a few limits investments

Page 32: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Take the Fear and Confusionout of IRA rules, forms, paperwork

Page 33: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 1 - Types of Accounts and Basic Rules of Self Directed

Accounts

Page 34: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 2 - Self Directed vs. Stranger Managed Accounts

Page 35: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 3 - Detailed Study of Rules Unique to Self-

Directed Investing

Page 36: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 4 - Understanding the Paperwork Components

Page 37: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Learn the vital how and why of D.O.I. ‘s

Page 38: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 5 – Deal Structuring Part 1

Page 39: with  Jeff Watson , Esq. “The Lawyer To The Gurus”
Page 40: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 6 - Structuring Deals Part 2

Page 41: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 7 – Inherited Accounts

Page 42: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Roth Magic

If you left a Roth IRA with just $30,000 in an account earning 10% annually to an eight year old child, the distributions over the child’s lifetime would total over 5.5 million

Completely Tax Free

Page 43: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Concept 8 - Tax Free Living Before 59 1/2

Page 44: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

The Omega Wealth Acceleration Event absolutely blew me away. This is without a doubt, the single most important event that I have ever attended in my life. I cannot find the words to stress the importance of this event to my financial life.

M. Bradley Gaskins, AIA – The McIntosh Group, LLC – Principal

Page 45: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

Case Study #46

• “I could have never afforded to have Jeff and Denise as my legal dream team to help me set everything up right. Now I have it plus I have lifetime updates to all my legal paperwork.”

Justin S.Covington, KY

Page 46: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

“Small Change BIG Impact”

With Jeff and Tim’s help I am able to virtually eliminate taxes on most of my deals. It was a small change to doing deals but is making a BIG Impact

Jason ZakRE Investor

Brunswick, OH

Page 47: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

I highly recommend the Omega system for any new real estate investor or brand new business owner in general. As a “newbie” I was concerned… “Omega” provided me with first steps to take to set my business up right. I obtained tremendous knowledge from the packaged program.

Page 48: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

“The Omega Wealth Protection System”

Page 49: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

• More Time & Money• Works With Any Type of Business• Easy To Implement / Turn key• Peace of Mind• A Serious Competitive Advantage• FINANCIAL FREEDOM

“The Omega Wealth Protection Benefits”

Page 50: with  Jeff Watson , Esq. “The Lawyer To The Gurus”

• These are Dynamic Wealth Protection Products

• Laws Change so HINT & Omega change with them.

• Membership portals are living and breathing sites with new legal forms and updates

Why are HINT & Omega Different?