by Brian Mahany
We receive lots of asset protection pitches in our email. Most are pretty scary - today’s was no exception.
The pitch today comes from a guy named “Big A.” Presumably Big A has to keep identity secret because the IRS and lawyers are “scared” of what he has to say. Thankfully, however, he is willing to share all his secrets with us for just $97.
According to the pitch, for just 97 bucks he can help you and I can live like the “big guys.” After all, Warren Buffet only pays 3% in taxes and the wealthy have long ago stopped worrying about taxes and lawsuits. At least that is what we are told.
Big A spent a decade researching these secrets. We know he isn’t a lawyer, however we are never told what he does or his background. The spokesperson only says that the information in his plan would could cost thousands if you could find it anywhere else. There is a warning, however, not to consult with lawyers.
Why? Because we lawyers are part of the problem and don’t have your best interest in mind.
If you are worried about how effective Big A’s secret asset protection plan is, don’t. Big A assures us that it is based on IRS codes and “legal precedent.” You won’t go to jail using this system and still save thousands and keep Uncle Sam from getting your hard earned money.
If this sounds to good to be true, sign up today. If it backfires; if you find yourself in the middle of an IRS audit (or worse, under indictment) or if you are being sued and the plan isn’t working give us a call. The lawyers at our sister firm Mahany & Ertl can defend you.
One size fits all asset protection plans don’t work. Although I haven’t purchased Big A’s plan and thus can’t speak to it, most every plan that I have seen on the Internet doesn’t work. If they did, they wouldn’t stay secret for long. We aren’t saying the Big A plan is a scam. Some are and some are not but the one-size-all plans rarely work for most people. It’s hard to get a good night’s sleep knowing that everything you worked hard to create - home, car, business - is protected by a $97 plan offered by some guy who won’t even tell you his name.
Asset protection plans can protect you from vexatious litigation but trying to evade taxes is a non-starter. A competent asset protection attorney can help you develop a plan that will protect you from many financial risks. A good accountant or tax attorney can help you minimize taxes too. But no one can protect you from every risk and all taxes.
If you are serious about asset protection, give us a call. The asset protection lawyers at MahanyLaw can help you minimize risk in a safe, understandable way. Our experience is rather unique - because our sister firm Mahany & Ertl helps victims of fraud dismantle and pierce phony plans, we know what works and what doesn’t. We possess a skill set unmatched by most lawyers.
For more information, contact attorney Brian Mahany at (414) 704-6731 (direct) or at brian@mahanylaw.com
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