Off Shore Banking

[Ilene]

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!!!!!!!

[bobstick]

That off-shore stuff is a one way path to trouble.

[mauser]

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 ...

[Sekhmet]

where are these accounts held at that interest rate and why are they paying such high interest? curious.

Sekhmet

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 ...

[mauser]

You will have to do some checking on this link..

Edited April 10, 2010 by Danimal
posting web sites

[Sekhmet]

thanks, mauser

[Steward]

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

[geoffrey]

is that % monthly or yearly?

[mauser]

The % is yearly rate...

[puzhalsta]

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.

[Steward]

Get an acct with a debit card and have your TOD(Transfer On Death) paperwork pre-prepared