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Cyngine Smythe

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Everything posted by Cyngine Smythe

  1. Hi Mark, I read your "How to reduce taxes" Tech. #5, (which was great by the way, like everything you write) and where you wrote... "There are circumstances that would allow you to take funds early without penalty. Some of these include: Sever Disability - (See IRS Pub 590) You Die The IRA is annuitized (substantial equal payments) To help with first home purchase (up to $10,000) Limited Medical Insurance Premiums Limited Medical Bills Pay higher education expenses of family or self Pay back taxes" Read more: http://dinarvets.com/forums/index.php?/topic/41466-how-to-lower-your-taxes-technique-5/#ixzz1EeNclWCW My question: In what you wrote here, were you refering to what I heard from another source as the "72t SEPP" That under certain circumstances and strict rules that you can use money from your Roth IRA without being taxed? Thanks again Mark, cyngine
  2. Hi Mark, thank you so much and may God Bless you for all your imput to, and for those of us who can't afford to pay for it. I have just opened a Self directing Roth IRA with Equity Trust Inc., I am now in the process of selling my Dinar at a loss of Hundreds, in order to fund my Roth IRA account, and direct a buy for Dinar into my Roth IRA. However, I just found out that Dinar Trade is no longer holding Dinar or even Gold, not that I have any Gold, I was informed by Equity Trust that First State Depository, LLC can hold in Safekeeping my Dinar for $100 a year, if I choose to go with them. I have looked and looked throughout Google in many different key words for other Safekeeping Custodians that will hold my Dinar or anything else I choose to invest in but I have found nothing. I thought maybe you might know of such things with your connections. Again, Thank you so much for your help cyngine
  3. ============================================================= Mark, Thank you for your reply. Even though I know less than zero about this stuff, you have confirmed my strong suspicions that it was illegal. Thanks so much. I will start looking for someone reputable. So what kind of professional should I be looking for exactly to setup a Triple Layer Trust with a LLC Account or whatever it is called, that I need to transfer my exchanged Dinars to Dollars into an account, is it a Tax attorney, Estate Planner, or a Investment advisor? My guess would be a Tax attorney. Is that correct? Again, thank you so much for steering me away from trouble. God Bless you Mark.
  4. =========================================================================================== Hello Mark, Thank you so much for your help. I know less than zero when it comes to any of these matters. I just want to make sure that I do not make any costly wrong choices, and to make sure I do not do anything that is illegal. I have not purchased this Trust yet, (which was discounted to $2500 from the normal $3900) because I wanted to make sure that it was not only legal first, but that it will meet my needs in lowering my taxes as much as legally possible. Unfortunately, I do not have the actual Contract Trust document. However, I do have a detailed description from the seller, which tells all about it, as it quotes many IRS court cases with the court case statute numbers and the names of the people versus IRS in the circuit and Supreme court as well, which the individuals did win against the IRS. It is a very interesting read. I was able to attach five of the seven, pdf files they sent to me, not including the application, they are all short, and a quick read, so you would have the full description. If you need the last two let me know and I will send those as well. I hope it will suffice for you to discern if it might be legal or illegal or not, from its description anyway. I want to thank you for the advice you gave about the attorney or financial consultant. Speaking of that, what is the best way to choose a good financial consultant, what should I look for, and or ask them in order to weed the good from the bad? Also, is the initial meeting with a financial consultant free with many of them like that of many lawyers? Again, Thank you very much, and Gods blessings upon you. Ed Comparison 6.pdfTHE SHIELD Vol I. 6.pdfTHE SHIELD Vol II.6.pdfTHE SHIELD Vol III. 6.pdfTHE SHIELD Vol IV.6.pdf
  5. I am new to all of this... Dinar Investing, Message boards, Tax Stratigies, and most of all "Common Law Contract Trust Funds". Which is what my question is? A friend told me about this and I need to know if it is the way to go or not. The person selling this, sent me info all about it that just made it look like the best thing since sliced bread. But Is a Common Law Contract Trust Fund Legal? Or will I be wearing a stripped suit if I use it? If needed I have 7 small pdf attachments I can send anyone for all the information on it. If not legal, is a Trust Fund the best Tax Stratigie to use to transfer your converted Dinars to Dollars to? Also, I saw on a message board someone mention this... To first setup and send to a "LLC then a triple layer trust." What is a LLC and what is a triple layer trust? This same person also went on to say this, is this acurate and true? First and number ONE, do NOT cash in a single note until you have set up a llc or corp for the money to pass through, then the trust, it triggers a tax on all your dinar from what I was told. Go to a lawyer and give him a note or notes, then they loan you the money to set up, VERY IMPORTANT!!!!!! I am doing a LLC then a triple layer trust. ONLY do a ledger to ledger, any wire over 4.2 million triggers homeland security. --------------------------------------------------------------------------------------------------- So which is the best way to go to be legal and lower your taxes? Thanks for your help and time. Read more: http://dinarvets.com.../#ixzz1CBR1kCuK
  6. I am new to all of this... Dinar Investing, Message boards, Tax Stratigies, and most of all "Common Law Contract Trust Funds". Which is what my question is? A friend told me about this and I need to know. The person selling this, sent me info all about it that just made it look like the best thing since sliced bread. But Is a Common Law Contract Trust Fund Legal? Or will I be wearing a stripped suit if I use it? If needed I have 7 small pdf attachments I can send you for all the informationon it. If not, is a Trust Fund the best Tax Stratigie to use to transfer your converted Dinars to Dollars to? Also, I saw on a message board some mention this... "LLC then a triple layer trust." What is a LLC and what is a triple layer trust? This same person also said this, is this acurate and true? First and number ONE, do NOT cash in a single note until you have set up a llc or corp for the money to pass through, then the trust, it triggers a tax on all your dinar from what I was told. Go to a lawyer and give him a note or notes, then they loan you the money to set up, VERY IMPORTANT!!!!!! I am doing a LLC then a triple layer trust. ONLY do a ledger to ledger, any wire over 4.2 million triggers homeland security.
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