Ilene Posted April 8, 2010 Report Share Posted April 8, 2010 Hi Adam, Thanks for all you do. First I want to know if there is interest rates available in the offshore accounts???? Second, if I do this and die 3 days later how does my family gain access to these accounts??? I from Idaho Thanks again!!!!!!! Link to comment Share on other sites More sharing options...
bobstick Posted April 8, 2010 Report Share Posted April 8, 2010 That off-shore stuff is a one way path to trouble. Link to comment Share on other sites More sharing options...
mauser Posted April 8, 2010 Report Share Posted April 8, 2010 Not if you declare overseas accounts on your taxes... There are a couple of offshore accounts paying 8% for 500,000 or more, and 10% over a mil... already checked ... Link to comment Share on other sites More sharing options...
Sekhmet Posted April 8, 2010 Report Share Posted April 8, 2010 where are these accounts held at that interest rate and why are they paying such high interest? curious.SekhmetNot if you declare overseas accounts on your taxes... There are a couple of offshore accounts paying 8% for 500,000 or more, and 10% over a mil... already checked ... Link to comment Share on other sites More sharing options...
mauser Posted April 8, 2010 Report Share Posted April 8, 2010 (edited) You will have to do some checking on this link.. Edited April 10, 2010 by Danimal posting web sites Link to comment Share on other sites More sharing options...
Sekhmet Posted April 8, 2010 Report Share Posted April 8, 2010 thanks, mauser Link to comment Share on other sites More sharing options...
Steward Posted April 8, 2010 Report Share Posted April 8, 2010 (edited) This is By FAR the best minds and legality compliant help there is,,, go over and sign up for their free newsletter. And you can always get a person on the phone if you need to call. Edited April 10, 2010 by Danimal Link to comment Share on other sites More sharing options...
geoffrey Posted April 8, 2010 Report Share Posted April 8, 2010 is that % monthly or yearly? Link to comment Share on other sites More sharing options...
mauser Posted April 8, 2010 Report Share Posted April 8, 2010 The % is yearly rate... Link to comment Share on other sites More sharing options...
puzhalsta Posted April 8, 2010 Report Share Posted April 8, 2010 with regard to the tax provision on foreign accounts in the new HC bill: Understand that there's a marked difference between personal bank accounts and corporate bank accounts. foreign personal accounts must be declared. corporate accounts are not required to be declared.if your intent is a tax shelter, study up on foreign corps.if your intent is higher rates of interest, just declare your account and you'll be fine. Link to comment Share on other sites More sharing options...
Steward Posted April 10, 2010 Report Share Posted April 10, 2010 Get an acct with a debit card and have your TOD(Transfer On Death) paperwork pre-prepared Link to comment Share on other sites More sharing options...
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