How The Rich Make Their Assets Invisible

[@tahirisaid2693]

I believe the wisest decision that should be on every individual list is to invest in a different stream of income and don't depend on the government to bring you money. It's always better to work smart and not hard

[@YadaniL-g8k]

I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??

[@JIN-u6t3t]

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@jackmann8064]

I absolutely LOVE your comparison of the Bullet Proof Vest and Camouflage!!!

[@QueenYak]

Camera cutting back and forth to full face view and off-camera is so distracting. Pick one!!!

[@GSEDITZAMV]

If picked one that's looks very boring for many of the people.

[@QueenYak]

@@GSEDITZAMV There are other techniques that can be used. Slowly zoom in, walk the camera around while zooming out, use visuals on screen at intervals. Many options.

[@donnaatienza8001]

yes pick one please!

[@Ash-it3hf]

Is all of that applicable only in the US ? or is it also in Canada / worldwide ? At how which net worth does it start to be relevant to set this up ?

[@gladbaileyofficial8526]

This is a little confusing because Most of the time when you fill out a form or any other document, the system automatically rejects P.O. Box information. They’re required real physical address. What can we do?

[@P10634]

Get an office address that looks like a regular address, many companies offer mail service.

[@LeadsForLocals]

If we've had an LLC for a few years but have not utilized it properly (separate bank accounts, booking minutes, etc.), are we able to start doing those things and be protected? Or is it better to just set up a new LLC and do it right from the start?

[@DeviaNZe]

Do it right from the start.

[@gayleneflower398]

Hey I bought your tax book and it was EXPIRED for 2023! Can I receive a refund?

[@onusnous]

Good luck with that!

[@matmaism]

Test his asset protection w a lawsuit 😅

[@voidstar1337]

A fake general contractor has been taking money upfront, doing partial work (or none at all) and still not arrested (and judgements against him are meaningless since he had hidden all his assets- mostly by buying things for family member or donating his customers money to area churches). See case of Stalworth Construction in Texas, who owner has now stolen nearly 7 figures over the last 6 years, and continues along across multiple area counties as if nothing has happened. Do you have advice on how to avoid such scammers or how to help make them accountable? In this case not even the area DA is prosecuting. Texas apparently makes it very difficult for collection agencies to go after non-corporate debts.

[@staresce]

Word of mouth is so important. The people who have had bad experiences with him can tell their story online or to their family and friends, and leave his company bad reviews. Mention him by name too so if he changes his business name his name is still there. Never hire anyone to work on your home if you have not gotten a good review about him ( or her) from someone you trust. And why pay upfront?

[@voidstar1337]

@@staresce This particular contractor convinced church friends to give false good reviews (including on the BBB), and had a retired chief of the fire department as his project manager (with pictures of him in uniform at the office, to appears as if legit). As for paying upfront, this con man claimed ordering materials in bulk and passing a discount to the final price. Despite felony amounts (over $100K) and contract violations, he's gotten away with it multiple times. Search Stalworth Construction in Texas, the DA won't prosecute and the only theory is due to how much he's "donated" to local community.

[@mudslinger888]

We need to strip tax exempt status from all churches and religious organizations..

[@joshuagrubb5080]

How much in assets does one need to accumulate before they should start dojg this

[@fs3579]

those llc have to have taxes filed every year right?

[@joshs.8003]

Thank you so much for this video! I got so much value out of it

[@oneillbilder]

Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?

[@donna_martins]

We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.

[@Walter_hill_]

It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

[@robertkubrick3738]

I have an LLC that I maintain as a Disregarded Entity. It has a bank account with cash in it because that's a requirement. The thing is, it takes a couple months to set up an LLC that you might need tomorrow. You might want a lawyer to set up your LLC. Mine is about 100 pages. Do you want someone's lawyer to read one page and come after you? Or do you want their lawyer to have to study it a month and by the time he gets done be unsure because he forgot most of it before he finished reading it?

[@livingstone1974]

it literally takes 15 mins to set up an LLC in Texas

[@robertkubrick3738]

@@livingstone1974 How long does it take to get the required TIN for it from the IRS? You can't open a bank account in just any name, the bank is going to require you have the TIN. Requirements for an LLC are that it has to have a bank account. Until you meet all the requirements, You don't have an LLC.

[@livingstone1974]

@robertkubrick3738 the EIN is free on IRS gov this process can be done online in 3 days which typical only for the Secretary of State in Texas to provide your LLC confirmation letter while the EIN is given at the time of applying. Not sure what it's like in other states but in Texas this can be done online by yourself in as little as 3 days.

[@robertkubrick3738]

@@livingstone1974 What happened to the 15 minutes? LOLOLOLOLOLOL

[@livingstone1974]

@@robertkubrick3738 u laughing but it literally is 15 mins to go thru the set up online for he LLC.. How long did it take you to do it in your state 😂😂😂😂😂😂😂😂😂😘 3 months 😂😂😂😂😂😂😂I'm laughing toooooooooooooooo

[@AzAz-oz4ey]

What if your co is HQ in the islands...

[@thinkandquestion1305]

What is the minimum baseline of assets, cash and salary to consider creating a Trust?

[@jimcrowley1709]

I'm a sole proprietor that sells my services. It's economical for me to buy insurance for my personal liablility. What is the difference between having a LLC as you talked about and having a grantor irrevocable trust? As a grantor of such a trust I can have profits (usually investments) from that trust be taxed at my (grantor) personal tax rates instead of the higher trust tax rates. This is accordance with IRS rules.

[@StressLessFinancial]

Great question! Your understanding of the tax benefits of a grantor irrevocable trust is spot on. How do you weigh the benefits of liability protection through an LLC against the tax advantages of the trust in your overall strategy?

[@paulcherian4144]

Your vlog was based on having a business and a LLC. How about some one who has accumulated assets thru work and investment?

[@nvn__]

Just saw the video, I directly subscribed. Soon I will purchase the books.

[@cheryls3777]

When you own a Cottage Business, the state makes you use your personal address, how does one get around that?

[@loucinci3922]

Enjoyed the video. Thanks for sharing

[@liamfryers8039]

These are usually good. This one is click bait. It bothers me that you didn't explain how to make things invisible. You talked about vests and invisibility suits. You even got into COPE. All cool. But not the stated topic. 😪

[@RamonLukeman]

Hi! I'm excited to be here in your channel and I'm interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.

[@whitenoisejosh-sleepfocusc2917]

How about Ai being used to find out what assets you have? Can you be invisible to that?

[@maureenbennett809]

😂😂😂

[@hzyabia]

*PLEASE I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH ?*

[@Thahuai]

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant

[@Thahuai]

Mrs Felda Fred

[@Hzgsbaja]

This is correct, Felda Fred strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.

[@agywhzua]

Isn't that the same Felda Fred that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

[@Gzvzusba]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

[@MashukForever]

Awesome! Do you work in Europe?

[@hurlpopo]

do you guys provide services in canada?

[@dimuzioservices6107]

Hi Mark. How can we set up a consultation with you.

[@myopinion6092]

love this Excellent advice to staying anonymous and protecting yourself.

[@theonlyexpert]

The video is about assets and your video title shows a picture of a car? Are you not aware a vehicle is a depreciating liability?

[@noneyabeeysnass8283]

Watch the entire video. Furthermore, a car as a depreciating asset hits a bottom and eventually it goes back up in value if old enough

[@theonlyexpert]

@@noneyabeeysnass8283 😆

[@DerraKormino]

More than 80% of newly-built single-family homes sold in 2019/2022 belonged to an HOA. during the 2004 housing boom-home prices were significantly inflated, leaving people unable to sell later because they owed more on the house than it was worth. I know several people who bought during that time, thinking it was a good investment, but it wasn’t until the COVID housing boom that prices finally returned to those original levels.

[@DigitalAssetNews]

Good one mark.

[@GamingXpert]

Can you please do a video on the Step up Basis tax rule?

[@sachinkishore4115]

excellent. you are an eye opener for me Thanks a lot.

[@bellakrinkle9381]

I had an incorporated business that should have protected assets from the SS. How can I capture these losses from the social security administration. Are the attorneys that handle cases like mine?

[@Kelvin-rw4kb]

What's the most common winning investment strategy for a new beginner, with more or less than $5,000 to invest?

[@WingerAndres]

As a beginner, it's essential for you to have a mentor to keep you accountable. I suggest Miss Stephanie Aaron Trentham is extremely good on that. She is really good on what she does, Now I can pay so many bills because of her help.

[@ReedMyresDavid]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

[@Holler-cy8vn]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@Jamiewhite663]

Yes, I agree with you. Her platform is wonderful and her strategies are exceptional.

[@Kelvin-rw4kb]

Please educate me. I've come across this name before. Now I am interested. How can I reach her?

[@ascensionprotocols2879]

This is a beautiful message to help us realign with God. Thank you so much for creating this. God bless you all. 🙏

[@Anthony-er3ux]

Can you do a video on the fairtax?

[@onanugalanre6619]

My problem isn’t about owing money from creditors cause I don’t borrow ,maybe lawyers incase of a lawsuit but just for the secrecy to prevent so many people from over-begging and stupid government palliatives and for security and theft.

[@valerievalerie4366]

Level 2 use cloud computing?

[@fs3579]

why cant they steal an LLC away from you if it is not in your name? how do you prove you own it?

[@Gid-J]

Too many metaphors. I'm 3 minutes in ,nothing has been said.

[@penguinvic9892]

So you refuse to be hamstrung by a lame duck YT video production … read on … Sorry about the mixed metaphor … I couldn’t help myself … 😊

[@figgettit]

when people repeat themselves it means they don't understand what they're saying

[@penguinvic9892]

@@figgettit Looking back in retrospect you’re probably and presumably correct.

[@figgettit]

@@penguinvic9892 I mean he doesn't even know the difference between garnered and garnished.

[@donnaatienza8001]

yes indeed

[@cleofebalatbat9106]

AT this time..seems that is impossible...giving investor profit without a benefit?....What is the exchange of their doing you a favor to profit?

[@ecidragon]

I save my videos in the cloud, with a copy on my PC, a copy on my laptop, and a copy on a SSD external drive.

[@azbokingz5574]

How do i contact this guy ?

[@rh315]

Does this protect you against losing assets during a divorce

[@0501245]

Yes. Once it is in the name of the LLC it is not yours.

[@boroqcat]

Depends on where you live and the sequence of events. I live in TX, a community property state. Because I purchased my home before I got married, I didn’t need any structure to retain sole ownership of/interest in my property in divorce. I could have gone after her for all the credit card debt since it was incurred during the marriage, but didn’t to get it pushed through uncontested. Before the ink was dry on the decree I set up a domestic operating company and a foreign COPE entity for all my future investments/business dealings. TL:DR-if you’re married first, most likely not, as the LLC can be argued to be an asset of the marriage. Prenup/postnup will probably be more effective depending on your state’s laws.

[@JacobOrtiz-by8vh]

Mark....!!!! I want to work with you... I will Fly to your City if I have to but I want to sit down or Zoom with You. Please give me a chance to explain why. Thank you in Advance.

[@first.or.better]

😂😂

[@JacobOrtiz-by8vh]

@@first.or.better what’s so funny?

[@stylebymufasa]

Thank you 💗

[@BlaBla-jj6sh]

Dude legit looks like Bruce Springsteen - Finance Edition. Born In The USD Way

[@ntheq3982]

Clearly, your are selling the belief of simple asset protection but I wouldn't count on it. As you say in your opening, "many believe they have asset & privacy protection until something happens"....and they didn't. That's because if you get sued for x and the plaintiff demands an accounting of ALL your assets, accounts, & liabilities in discovery or depositions, and it's later discovered, you will then be facing additional counts & litigation. This strategy MAY work if someone is only on a fishing expedition, looking for a reason to sue you.

[@StressLessFinancial]

You bring up a critical point about the potential risks in asset protection strategies. It’s essential to be fully prepared for any legal challenges. How do you ensure that your asset protection plan is robust enough to withstand intense scrutiny?

[@boroqcat]

As stated in the video, there are 15 levels. LLCs are set up simply to obfuscate. Anyone determined enough can find everything. The only true way to shelter assets are irrevocable trusts where you have zero control. Tough road to hoe in practice, however.

[@RamonLukeman]

One lesson I've learned from millionaires is to always put your money to work, no matter how small. Even investing €200 per month can compound to tremendous wealth over decades. The key is to keep going!

[@marcohandmann4843]

Is this AI generated? The high frequency cuts are weird.

[@pnportugal1]

piercing the corporate veil ? A portuguese judge would only laugh ... this might work in another country not here in Portugal

[@hurlpopo]

what a gem you are

[@CloseYourWombs]

Can a Trust protect you in a case of a divorce?

[@smithsmith1956]

It used to. Most states got wise and changed laws to still get those assets iirc. Look into Colorado trusts, though. I think those are still safe. Probably best to just have your stuff in someone else's name entirely. Like that soccer player did.

[@boroqcat]

Depends on where you live and whether the marriage or the trust came first. Prenup/postnup is safest bet, but with enough years together, just about everything can be pierced in court.

[@Actorsinger-444]

Make a trust in my country India....here you can buy justice, whole court and crook lawyer, police & politician very cheap price 😉👍

[@mdshawkathossain1038]

Mashud Arabian ra jodi big budjet invest korte chai OK korte bolo one percent pabe ar royality income fifty fifty hobe

[@thelostsock2187]

Also you can protect the assets you have not worked hard for, or have not done any work for whatsoever. Like wearing a camouflage jacket while others suffer around you.

[@demetrakisdemetriou6092]

Your assets become invisible when under your LLC company so others don't know what you have. What about the government? Does the government know when your money is under the LLC how much money you have?

[@myopinion6092]

taxes have to be filed..but I don't think the beneficiary is included in the tax paperwork. they are Only interested in collecting taxes

[@roccnin]

need someone like you in the UK

[@isaacvalem]

It's so funny, that weird meme-looking ugly chart.... is all I ever wanted and never knew I needed!!! I love it!!! 😂😂 "The Trifecta", so awesome. I sincerely hope to be able to hire your firm to build my Trifecta one day, Thanks Mark!!

[@arpcpro]

How to do this protection but as an European citizen? A low cost solution for someone that just has a regular white collar income and just wants to protect his life savings.

[@workaccount94]

Dropping wisdom. Thanks

[@RCBOSS1969]

Great video, thank you!

[@AzAz-oz4ey]

I lv that painting you blocking the lower part

[@hemantparakh6462]

Metaverse protects Digital Assets

[@danbuchner28]

I think that for any man, divorce is by far your highest risk to your assets.

[@ianendangan7462]

The best people to ask the question are the investors themselves.

[@Surrealblues]

Are you a fiduciary?

[@1lllllllll1]

Irrevocable trust. No need for privacy, nobody can get to it no matter what judgments you got.

[@jb3757]

Alright, I'm IN

[@Den-nu6pv]

If it isn’t off shore it’s worthless

[@PierreSavignac-Emergex-RSDE]

Amazing advice!

[@jumonkfuq7358]

revocable??? thought a person would want an irrevocable living trust??

[@chriss2352]

Generally, only if your assets are above $12 million or $24 million married do you need to look an irrevocable (current federal estate tax exemption levels). Though those are scheduled to drop in 2026

[@don_kandon6006]

Different states does almost nothing, because a judge has domestic authority (whole usa), and can pierce anything. You have to have structures outside the reach of usa judge. Those are llcs and trusts in cook islands, st kitts and nevis, and bank account in swiss.

[@JuanGelogo]

Some states do have more privacy protection laws than others. Although having a Singapore offshore company is a great idea.

[@don_kandon6006]

@@JuanGelogo If things get deep, wyoming or freakin commie fornia llc, makes no difference. Singapore might as well be similar to usa domestic llc. Gold standard is cook islands or nevis. Trust me, i know, did a lot of homeworks on it, seen hundreds of hours on offshore trusts, llcs and their formations. Singapore good for banking though.

[@caroldanson5476]

Great ideas. I already shred any papers or anything with my name and address. I have been scammed by sales people twice getting something I really don't need.

[@brendacunningham5070]

Thank You For This Information 💚💚💚💚I Have Subscribed To Your Channel To Learn More💚💚💚💚🦅🦅🦅🦅

[@chaunteseturner7818]

Love the Jerry Mcguire reference 😂!

[@humphreysbrandon17]

Can you create a video on how the IRS calculates the ROTH IRA contribution limits? Trying to build a forecasted model for future investment strategy / predictions but can't find any detailed information out on the web that helps with the front door method ( I don't make enough now for the backdoor method sadly). Basically I'm trying to figure out what will be the contribution limits for the next 30-60-80 years on average (obviously tons can happen over the years) to see if I can help build my kids ROTH IRA at a young age teach them to contribute over their lifetime, and could their kids (my grandkids) become billionaires after 2-3 generations of sticking with this plan?

[@cametochina]

Can I be protected by Trifecta from my future wife hypothetically 🤔

[@ThrowBackZone]

Shredding paper as a privacy tactic? So simple, yet so effective.

[@stevebturnkeyrealestate]

Good content

[@myopinion6092]

shred then water dishsoap and a bucket..soak, drain and no way to sort through the shreddings and it is all one nasty compacted mess.

[@Elly-gu5wn]

Me watching here with no asset to hide. Hahahah

[@tomlambert915]

this guy is more interested in entertaining himself.

[@c3r0]

GOAT

[@adokoka]

And am I still protected in case of a divorce?

[@howardhdavidson]

I must get a trifecta..🌔Thank you Jesus.

[@danbradbury4067]

Great video

[@maureenbennett809]

Great!😄

[@dl6860]

Why are these comments FILLED with effing bots?!

[@erwinh.8821]

Take the first one in each bot string and report it by clicking the 3 dots to the right :. I like to go through and report them all while listening to the video.

[@butchpam]

Amazing. Liked and subscribed too fellow vloggers here

[@haimarazy]

Since you own the holding company, your ownership interest (such as corporation shares or LLC membership units) is considered a personal asset. Creditors can seek to satisfy a judgment against you by going after this ownership interest.

[@boroqcat]

If set up correctly, any creditor, outside of the Feds, will have virtually no way to discover your entities, much less knowledge of your ownership interest.

[@haimarazy]

@@boroqcat If sued, don't I have a legal obligation to disclose my assets?

[@ancesthntr]

@@haimarazy you set up a trust, which owns an LLC in a state like Wyoming or Nevada that provides anonymity to its owners, and that LLC owns your different income-producing assets. Thus, you don’t actually own those business assets, or even the LLC that owns them. You also don’t own the trust, and you name somebody outside of your family that you trust as the trustee. If you want to be super safe, you also name someone (or a law firm that you pay) as the “trust protector” who oversees what the trustee does with the assets and distributions of the trust, and can stop the trustee from stealing from you or mismanaging things. You (and/or your family) are the trust beneficiaries. You do have a beneficial interest in the trust, but you don’t control it. There is thus nothing for you to disclose. Many years ago, I heard the statement that “the rich don’t own anything, but they control everything.” This is how you do that.

[@haimarazy]

@@ancesthntr This is very helpful, thank you.

[@urbantraxx3756]

If you get to the big money 💰 you can set up a jersey or cook Island trust with a Belize or Nevis trust 😊😊

[@hermoneymentor]

you're hired!

[@TrustRuss-r1t]

NO Thank You!

[@herbgardener4007]

This only works for Americans

[@my.luminaire]

One word - Bitcoin 😊

[@thatguy7085]

Extremely dangerous and venerable to theft.

[@tedbrick8752]

a pendrive in a fireproof safe may melt, this is not a completely safe way

[@AnthonyJustice-i9x]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[@fameswap-dq5eo]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@mikesnoek]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@jadewashington7]

Their ...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.

[@masterotrunks]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

[@AnthonyJustice-i9x]

Sure! She interacts on what's App using the digit below 👇

[@forexbusiness6187]

will this protect assets from evil ex-wife in divorce

[@Dweeble233]

THIS!!!!

[@AllenSchoepflin]

I shred all of my mail