Dear Friend:

I consider this report the most important ever written. Why have I written this?

Actually, there are two reasons.

1. I have something very important to share with you.

2. I am writing to you about money.

Let me ask you just one question. Did you know?

As incredible as this may sound, it's absolutely true.

Attorneys collected $400,800,000,000 (Billion) in legal fees in 2006.

If that wasn't enough, add in their client’s share and this figure will easily grow to over $800,000,000,000 (Billion)! <Top>

Who’s pockets does that money come out of? Many American's lost everything they had worked their entire life for. Where does it stop?

What we can tell you is that you can safeguard your family’s wealth. You can STOP the attorneys dead in their tracks and then turn the tables on them to make them PAY. You will laugh when you learn how you can hang them with their own paper work. However, you must make a few have a simple decisions:

Who would you like to receive your money and property?

1) Your wife and children, or other family members, or

2) The greedy Attorneys and their clients,

3) The tax hungry IRS?

If you're like most people, the answer is easy. However, making sure this happens will require a little help.

It will be easier than you think! But you must be ready, because the harsh reality is that during your lifetime, statistically, you could be sued up to 5 times. Readiness will be the key to your success. Your preparation will cause the attorney’s efforts to backfire and give you the upper hand.

The legal system is on a mission:  <Top>

A MISSION TO GET YOUR MONEY, AND MAKE IT THEIR MONEY!

As hard as it is to imagine, successful people are being looked at as "fresh fruit" to squeeze assets out of, any way the attorney can. (It sure isn't what I remember being taught that this country was all about.)

Somehow, everything the US stands for has been twisted like a barn door in a tornado. You know what I'm talking about. What happened to the basic premise that we are a free society that allows, and in fact, encourages people to be financially successful, "The American Dream"? Isn’t that what the Revolutionary War was fought for? Did our sons and daughters die in vain?

So what has happened? How did things ever get so messed up that a successful family is now considered: <Top>

Why does having a high income and net worth make you a bad guy? Well, I can give you my opinion and you can take it for what it's worth.

I believe there has been a reversal in the psychology of many Americans. Sadly, they have developed a welfare mentality, take from the rich and give to the poor. "I deserve a handout, I have a right to what is yours." Robin Hood was never this perverted.

Yes, the ugliest emotion there is, Envy.

Feeling resentment for anyone who has done better than him or her.

And this "politics of envy" is now a popular way to think and feel.

It is now "politically correct" to say that anyone who has had the audacity

to earn a lot of money should be made to pay for their crimes.

And how do they want us to pay?

By taking away everything you own and giving it to them!

How will they take your money?

Lawsuits and taxes!

We can help you do something about both of them.

You must understand that lawsuits are war.

Attorneys are looking for money. The only way they get paid is to wage war. <Top>

Searching for the Deep Pocket Defendant

The Litigation Explosion

It has been estimated that 50,000 lawsuits are filed in this country every day. This has come to be known as the "litigation explosion." Whatever causes the breakdown of traditional values, loss of a sense of community, too many hungry lawyers; wasteful insurance companies ¾ the impact on each of us is significant.

Our legal system should hold people responsible for their acts. If someone causes injury, that person should be required to fairly compensate the victim for his loss. Not many people would seriously object to this principle. The problem is that this general principle bears no relationship to what is actually occurring in the legal system today.

THE REALITY OF OUR LEGAL SYSTEM IS THAT PEOPLE ARE NAMED AS DEFENDANTS IN LAWSUITS NOT BECAUSE OF THEIR DEGREE OF FAULT BUT BECAUSE OF THEIR ABILITY TO PAY.

When a potential client, who is claiming injury or economic loss, approaches an attorney he must consider whether a theory of liability can be developed against a party who can pay a judgment. This is called the search for the "DEEP POCKET DEFENDANT."

The Deep Pocket Defendant will have substantial insurance coverage or significant personal assets. The measure of an attorney's skill is his ability to create a theory of liability, which will connect a Deep Pocket Defendant to the facts of a particular case. <Top>

The Fisher Example (A true story)

Here is an example of what might happen in a particular case. Mr. Woodrow is driving his car. Mr. Fisher runs through a stop sign at an intersection, smashing into Woodrow's car and causing Woodrow severe injury.

From his hospital bed, Woodrow looks through the Yellow Pages and calls the first attorney he sees, the famous Robert Mulhollend. He is what is known as a "contingent fee" lawyer. He works for a percentage of the ultimate recovery and determines whether to invest his time and money in a case based upon what his expected return will be. Since the time and expense of preparing for litigation can be considerable, an attorney cannot afford to take a case that is not likely to pay off.

Remember, no recovery, no fee. Usually the attorney advances all costs and expenses, and in exchange, he recovers these costs plus 30 percent to 40 percent of any amounts, which he can get from the defendant.

Before Mulhollend decides to take Woodrow's case, he will want to do some serious research to determine the merits of the case. Not the legal merits, but the financial ones. He will want to know whether Fisher has substantial assets in order to make the case worthwhile.

Mulhollend runs a financial search and determines that Fisher has no insurance and no significant assets such as a home or a retirement nest egg.

What happens? Is that the end of the case? As for Fisher, it probably is the end of the case. Mulhollend is not going to waste his time suing someone who can't pay. However, Mulhollend is not going to give up so easily. He has a client with substantial injuries and that means a large damage award-big bucks. First, he has to find someone who can pay.

Here is how a good lawyer would analyze the case to try to draw in a Deep Pocket Defendant:

1. Was Fisher on a work related errand at the time of the crash? If so, the employer can be sued.

2. Did Fisher have any alcohol in his system? The restaurant that served him may have liability.

3. Was Fisher on any medication? The pharmacist, Drug Company, or physician may have potential liability for failure to provide proper warnings, or for writing or filling the prescription improperly.

4. The stop sign Fisher ran through was in a residential neighborhood in front of someone's house. Did the homeowner properly maintain his property and clear his foliage to provide an unobstructed view of the stop sign? Was his vehicle parked in the way? There may be a case against the homeowner for negligence.

5. Did the municipality take due care in the placement of the stop sign? Should they have used a traffic light instead? There may be a case against the government.

6. The driver's side door of Woodward's car collapsed on impact. There is a possible case against the manufacturer for not making a more crash resistant frame.

Do you see how far we are moving away from Fisher, the person responsible for the accident, in an effort to tie in a remote Deep Pocket Defendant? In any rational legal system, Fisher would be regarded as the wrongdoer, he disobeyed the traffic law and he caused the injury. Instead, we have an attorney trying to force the blame onto someone else who wasn't at the scene and doesn't even know the people involved.

The example that we just gave you is taken from a real case. Guess who ended up as the defendant.

In the actual case, the defendant was Fisher's ninety-two-year-old widowed great Aunt Ellen. As it turned out, she had purchased the car for Fisher as a gift to him. Mulhollend's private investigator searched the assets of Fisher's relatives and found that Aunt Ellen had a house that she owned and some savings in the bank. She was named as the defendant in the case and was found liable on a theory called Negligent Entrustment. The jury found that she should not have bought the car for him. She should have known that he was a careless driver and might cause an accident. She caused the accident by buying him the car. The verdict was for $932,000, and Aunt Ellen lost nearly everything she owned.

The point of all this is that THE FOUNDATION OF EVERY LAWSUIT IS A DEFENDANT WHO CAN PAY. Once such a defendant is located, it is easy enough to construct a theory of why that defendant should be responsible.

Judges and juries often act on their emotions, not on the law. In addition, when the contest is between an injured or a sympathetic plaintiff and a wealthy or comparatively wealthy defendant, the plaintiff will win virtually most of the time, regardless of the defendant's actual degree of fault.

As a result, the plaintiff's attorney will search for a party who can pay a hefty judgment. In the old days, it was said " He who has the gold makes the rules." Now the saying goes: " He who has the gold pays the plaintiff."

<Top>

THE FACT IS THAT NO MATTER HOW REMOTE YOUR CONNECTION TO AN INJURY, IF YOU HAVE EVEN MODEST ASSETS, AN ATTORNEY FOR THE INJURED PARTY WILL ATTEMPT TO SHOW THAT YOU ARE SOMEHOW LEGALLY AT FAULT AND YOU WILL BE NAMED AS A DEFENDANT IN THE CASE.

Not Enough Good Cases to Go Around

It used to be that people thought of Deep Pockets as a bank, insurance company, or other big company with billions of dollars to pay claims. Unfortunately, that's no longer the case. There are nearly 1 million lawyers now, and each year another ten’s of thousands come out of law school and set up a practice. There are not enough good cases to go around.

A good case involves a serious injury with clear negligence by a company with significant assets or insurance. The problem for the lawyers is that most of the good cases go to a relatively small group of established trial lawyers with a history of multimillion-dollar verdicts.

This is democracy in action. The poorest of the poor can hire the richest and smartest trial lawyer in the nation to fight for his rights. All it takes is serious injury or death and a defendant with deep pockets.

The Legal Extortion Racket

What are the rest of the lawyers going to do? What about the other 95 percent of lawyers that aren’t as well know because they didn’t make it on the nightly news?

How is a lawyer who is not at the top going to feed his family? His chances of getting your case against Exxon are about the same as hitting the lottery.

Instead most lawyers make a living by looking for somebody to sue and filing weak cases with poor facts. As long as a lawyer can find a potential defendant with even modest assets, he will attempt to make his case. If he doesn't have a good case, he has to go with what he has. That's how he makes a living.

ANY LAWYER WHO IS STILL IN BUSINESS AFTER A FEW YEARS OF PRACTICE HAS LEARNED THAT THE UNPREDICTABILITY OF HUMAN BEHAVIOR CAN BE USED TO HIS ADVANTAGE.

The uncertainty of the outcome creates a potential risk of loss for even the most "innocent" defendant. Lawyers know that for most people the risk of financial loss also creates a highly uncomfortable level of emotional strain.

If you have ever been sued, no matter what the cause, you understand that the unpredictability of the result and the possibility of economic loss can generate a severe degree of stress and emotional charge. <Top>

The Appeal of Settling

When a lawyer threatens to sue you, he is exploiting all of these facts about human nature. He is using fear. He knows that the outcome of the case will be uncertain regardless of the merit of the case. He knows that if you have reachable and collectible assets, the risk of loss will cause you extreme worry and stress.

Finally, he knows that if you choose to fight the case, your time and your privacy will be violated and your resources will be depleted or exhausted by tens or hundreds of thousands of dollars in needless legal fees and costs.

Doesn't settling the case sound much more appealing and logical?

Settling is more appealing, and that is exactly what most people will do. As unfair as it sounds, if you fight the case, you may well lose, even if you win. You will certainly spend much more money and time, and you may never recover from the emotional toll, the damage to your personal relationships, and the impact on your business.

If you have available and reachable assets, which can be uncovered in an investigation, then the lawyers hold the leverage. They know that you are vulnerable, and you are better off settling the case. They want some easy money from you, and then they will move on to the next case. <Top>

THAT'S HOW THE LEGAL EXTORTION RACKET WORKS.

The Insurance Companies Put the Squeeze On

Over the last few years, as the number of lawyers and lawsuits have increased, the insurance companies have adopted a policy of not settling cases. In the past, insurance companies routinely settled virtually every claim for a multiple of the injured party's medical expenses. Slip and fall or auto accident case was worth approximately six times the amount of the medical expenses incurred by the client.

At least several generations of personal injury attorneys have made handsome livings by playing this game. However, unfortunately for them, in most states, this game is over. Starting in the early 1990s, many insurance companies adopted a policy of no settlement. When the attorneys offered up the medical expenses, the claims adjusters were required by their companies to reject the claim. Their policy was to litigate most every claim all the way to trial.

It was understood that this strategy would be more expensive in the short run as the companies incurred huge legal bills fighting even the smallest claim. The upside was that the personal injury lawyers, deprived of their bread and butter fast settlements, and would be forced into a corner and would settle for a fraction of what they were use to.

MOST ATTORNEYS CAN'T WAIT TWO, THREE, OR FIVE YEARS TO BE PAID.

In addition, they certainly don't want to shell out all of the costs of bringing a case to trial, including depositions, expert witnesses, and discovery. Even worse is that after putting up all the money and going to trial, the case could be lost. Years of hard work and lots of money down the drain. That result means financial disaster and one more overeducated short order cook.

The insurance companies were like a pack of big goofy elephants. They had no idea that they had the power to step on and crush their lawyer adversaries.

Once they decided to use their great strength and virtually unlimited capital they were successful beyond their expectations. Lawyers became very selective in taking the "slip and falls," the auto accidents, or any other insurance case without a big potential payoff. The insurance companies were the big winners.

THE LAWYERS, THEIR INCOMES AND LIFESTYLES SERIOUSLY IMPAIRED, LOOKED AROUND FOR NEW GROUPS TO TARGET WHO WERE EASIER AND SOFTER PREY NOT SO WILLING AND ABLE TO FIGHT BACK. YOU!!!

The New Deep Pockets

THE NEW TARGETS OR THE NEW DEEP POCKETS ARE THOSE WHO HAVE SAVED UP SOME RETIREMENT, THOSE WHO OPERATE A SUCCESSFUL BUSINESS, AND THOSE WHO OWN A HOME THOSE THAT HAVE MONEY, OR HAVE SOME RENTAL PROPERTY WITH ANY EQUITY. <Top>

That describes many people in our country. They are vulnerable because their savings are valuable to them.

There are 100 million adults in the population, and 30 million have mutual funds, savings, or equity in their home. THAT'S 30 MILLION PEOPLE WITH SOMETHING VALUABLE TO LOSE, AND 1 MILLION LAWYERS WHO ARE AGGRESSIVE AND MOTIVATED. They want to move some of that money to their side of the table. One million lawyers file 19 million lawsuits each year, picking out the easy targets and causing great personal suffering and hardship.

The Fisher's of the world aren't sued, and they don't have to spend their time, energy, and money defending a case. They aren't sued, because they don't have any money or anything worth taking. Aunt Ellen who bought him the car as a gift was sued because she had some money. She was the one who lost her home and all of her savings because she was the Deep Pocket. A lawyer's job is to tie a party who has some money into a case so that he will be paid. A good lawyer is one who can create a clever new theory of liability so that someone with money or insurance will be found legally responsible.

EVEN IF OUR COMMON SENSE TELLS US THAT THIS DEEP POCKET HAD NOTHING WHATSOEVER TO DO WITH THE INJURY, A JUDGE, JURY, OR COURT OF APPEALS WILL DECIDE A CASE BASED UPON HIS OR HER OWN VIEW OF WHAT IS FAIR AND RATIONAL.

A doctor prescribed antihistamines for a patient with an allergy. The patient ignored the warning label about driving while taking the medication and caused a serious auto accident. The patient had little insurance and few assets, so the doctor was sued. The plaintiff's lawyer successfully argued that the doctor should have known that the patient might drive his car while on the medication. The jury found the doctor liable for $6.2 million in compensatory damages. THE DOCTOR'S MALPRACTICE INSURANCE DIDN'T PAY A NICKEL OF THE CLAIM SINCE THE POLICY ONLY COVERED CLAIMS BY A PATIENT ¾ NOT THOSE INJURED BY A PATIENT.   <Top>

Popular Deep Pocket Defendants the Property Owner

Anyone who owns rental property is an excellent candidate for a lawsuit. IN ANY MEASUREMENT OF POTENTIAL LIABILITY, WE WOULD RANK THE PROPERTY OWNER AT THE TOP OF THE LIST.

Let's assume you own a small apartment building. One evening a female tenant returns home from work and parks her car in the enclosed parking garage. As she gets out of her car, an assailant robs her. Under these circumstances, you can expect a lawsuit against you as the owner of the property, for negligently failing to provide the proper level of security.

A tenant was shot and killed in the alley behind the apartment building. It was found that the owner of the property should have provided better lighting for security in the alley. The jury awarded $27 million to the relatives of the tenant.

A fire in an apartment building killed one tenant and injured nine others. The owner had complied with all building code and safety requirements. He was sued for $5 million. How can you protect yourselves?

Having insurance on the property does not provide a guarantee that you will be free from personal exposure. Insurance is written with a long list of exclusions and exceptions and generally won't cover a lawsuit for undisclosed defects. Furthermore, it will be difficult to obtain an amount of insurance, which is adequate to cover the full amount of the potential liability associated with injuries to multiple tenants.

EVEN $1 MILLION IN COVERAGE WILL NOT BE SUFFICIENT IF SOMEONE IS SERIOUSLY INJURED ON YOUR PROPERTY. IF SEVERAL PEOPLE ARE HURT IN A FIRE OR OTHER DISASTER, THERE MAY BE $5 MILLION to $25 MILLION OR MORE IN POTENTIAL DAMAGES.

Whatever amount is not covered by insurance will be your personal obligation. A judgment against you will be satisfied from your personal assets including your home, savings, and retirement funds. If something goes wrong at the property, everything you own can be lost.

ANY REAL ESTATE, WHETHER OR NOT YOU HAVE ANY EQUITY IN THE PROPERTY, REPRESENTS AN ENORMOUS SOURCE OF LIABILITY TO YOU AND POSES A DANGER TO ALL OTHER ASSETS THAT YOU HAVE ACCUMULATED.  <Top>

IS THERE SOMETHING WE CAN DO TO PROTECT OUR ASSETS?

ABSOLUTELY!

There are many techniques that can allow your family to legally protect your hard earned assets and potentially save you thousands of dollars in taxes.

Techniques like:

1. Family Limited Partnerships, that allow you to move hundreds of thousands of dollars from your taxable estate, and transfer it to your children while your alive. You will remain in total control, retaining the ability receive income from the your assets or even sell them!

2. Using a Children's Trust to reduce your taxable estate, protect your assets from any and all creditors, while tax-deducting all or your children's education, vacations, auto's, and any non-necessity.

3. How to discount the stock of your company, using completely legal techniques the IRS and your attorney will never tell you about!

4. How to leave millions of dollars to your children and grandchildren, saving thousands in taxes in the process.

5. The perfectly legal and IRS sanctioned method to sell appreciated assets, without paying one red dime in income, capital gains, or estate taxes!

All of these secrets and more, will allow you to save hundreds of thousands of dollars or even millions of estate taxes and legal fees, and keep all of the cash and property you worked so hard to accumulate.   <Top>

YOU MAY BE WONDERING WHY YOUR ATTORNEY

HASN'T TOLD YOU ALL OF THIS?

Actually, the reasons are numerous. However, the simple fact of the matter is, most attorneys are generalists who spend no time on financial matters, and especially tax and estate planning.

This area of tax planning is very complex, and many other professionals simply don't have the time or expertise to set your estate up properly. Even more important, your estate situation needs to be reviewed at least annually to insure that it still meets your needs and the size of your estate!!!

Have you ever had an attorney tell you that your living trust protects assets? That is a lie out of the pit of hell!

A LIVING TRUST IS EXCELLENT FOR ESTATE TAX PLANNING, BUT THERE HAS NEVER BEEN A CASE DECIDED IN FAVOR OF A DEFENDANT WITH A LIVING TRUST TO SAVE THEIR ASSETS. IN FACT, A LIVING TRUST GIVES THE ENEMY A LIST OF ALL YOUR ASSETS, AND TELLS THEM WHERE THEY ARE LOCATED. ATTORNEY'S LOVE TO SELL YOU A WILL AND A LIVING TRUST. ONE IS THEIR RETIREMENT PLAN (PROBATE), THE OTHER LISTS ALL YOUR ASSETS AND GIVES THEIR LOCATION SO THEY CAN TAKE THEM AWAY IN A LAWSUIT! HOW CAN WE BE THAT IGNORANT?

YOU MUST USE THE CORRECT VEHICLES DESIGNED FOR ASSET PROTECTION AND IT MUST CONTAIN SPECIAL CLAUSES. NO ESTATE TAX AND ASSET PROTECTION DOCUMENTS ARE CREATED EQUAL. ONLY A TRAINED PROFESSIONAL WITH KNOWLEDGE IN BOTH AREAS CAN TELL THE DIFFERENCE.

With proper planning, your family will maintain control and ownership of all the assets you have. That's right! Every asset can be protected.  <Top>

PLAN NOW - NOT LATER

Can you imagine buying a car alarm, after the car has been stolen!

Great idea but it is certainly too late.

Please don’t wait until you are sued to think about asset protection. Act Now!

You need to be asking yourself, "Why doesn't a LIVING TRUST protect my assets?"

Better yet, why didn't my attorney tell me such an important fact?

"What can I do now to stop those hungry attorneys from legally stealing my assets that I have worked so hard to accumulate?"

Your first step should be to meet with a professional from the Asset Protection Center. We can help determine what your estates planning needs are.

What will be the outcome if you don't plan your estate and protect your assets?

a. Your family could lose everything you own!

b. You could pay tens of thousands of your hard earned dollars in legal fees to hungry attorney's to defend yourself from a vicious lawsuit.

c. You may be forced to start over again, trying to accumulate assets at an older age!

The list is nearly endless. A planned estate is one that will go to your heirs in its entirety, in a way that you designate. In the absence of planning...

The Entire Loss Of Your Estate Can Turn Into A Financial Nightmare!

Therefore, you need to seek assistance from a qualified specialist that can help you through the morass of tax laws and asset protection options available to you.

Someone who can help and protect your family, and make sure they inherit what you have spent a lifetime accumulating. Someone who will listen to your concerns, and make sure the attorneys doesn’t turn your financial success into theirs.

As you might have guessed, that's exactly what our practice does.

Initially, we provide a FREE, NO OBLIGATION interview to find out what your concerns are, and determine if we can help your family. Hopefully, we can show you, as we have shown many others, how too:

1. Protect Every Asset you own from the high chance of an expensive lawsuit.

2. Provide the financial advice your family requires.

3. Make sure your family receives your entire estate, and that the Government gets nothing!

4. Protect your family, even after you are gone.  <Top>

Sounds good doesn't it. Kind of like an Excedrin for a nagging headache.

If all of this makes sense, and you are curious about our approach to tax and estate planning, fill out the form below, and we will give you a call.  When we call you back:

1.) You could just say "no thanks."

2.) You could accept our special invitation for a FREE, NO OBLIGATION interview to find out all you need to know about estate planning and us. We can discuss any concerns you may have.

In addition, we pride ourselves on one very important aspect of our practice:

NO PRESSURE AND NO HASSLES!

No one is going to try to sell you anything. This is simply a chance for us to meet and see if our services can be of benefit to you.

If, after our meeting, you believe there is no benefit to be gained from working with us, you simply leave, and that's all there is to it. If however, you do find that you can use our help, we will discuss how to proceed from there. Remember no two families are alike. They have different needs and desires. One shoe doesn't fit everyone. Non-professionals try to fit you into their program. Professionals develop the programs to meet your needs and desires. Penicillin can stop most infections, but it can also kill the patient in some rare cases. It is the same with asset protection plans! Some will save all your assets. Others can cause you to lose everything you have.

Either way, we wish you good luck with your financial affairs.

 

Sincerely,

Dr. Frank Cimino

 

PS: No one likes to lose their assets, or pay taxes. Why pay estate taxes if you don't have to? Plan your estate so that your family receives your assets and money intact...and make sure the Government doesn't get a dime!

P.S.S.: Without proper planning, over one half of your estate could evaporate in less than 30 days from your death to estate taxes and legal fees. Worse than that, you could live to see your entire life's savings and all your assets go to some greedy attorney!

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