SUCCEED 20 / 20 FINANCE VISION PLAN
This plan is intended to be a roadmap to building a well-structured Estate and will educate you in the process.
This plan will be a guide to asking the right questions and give you the different selections and choices when setting up your Estate.
This plan will also show how to pass money to the next generation without Attorneys, Probate, The IRS and State Interference.
STEP 1
SELF COMMITMENT
If you decide that you want to have the best credit score for the rest of your life, it is necessary to have a specialized Credit consultant to guide you through your credit building and credit restoration process. Statistics show that people that use a consultant to help with their credit have a far better chance of keeping a 720 plus credit score for the remainder of their lives.
STEP 2
CURRENT INCOME
Being able to see your credit reports and credit scores on all three credit bureaus in very important in establishing good credit.
STEP 3
PROJECTED INCOME
Learn how the wealthy put money into their private estate through contracts not ownership.
STEP 4
PERCENTAGE BASE MODEL
The wealthy understand that there is a major difference between ownership and access.
STEP 5
PAY YOURSELF FIRST
The wealthy understand how to use the right type of entities to produce the best results.
STEP 6
PERSONAL % MODEL
Learn how wealthy avoid inflation when it comes to the assets that are left in their estate.
STEP 7
INVESTMENT % MODEL
The wealthy use insurance policies to pass wealth to the next generation.
STEP 8
SAVINGS % MODEL
The wealthy invest not with social security numbers, but with EIN numbers from a specialized Trust.
STEP 9
CHARITY % MODEL
Learn how the wealthy buy and sell properties that benefit their Estate by avoiding all capital gain taxes.
STEP 10
COMMUNITY % MODEL
Learn how to minimize your tax liability by assessing your taxes through your estate, not an individual.
STEP 11
PAY YOUR EXPENSES SECOND
Income is can be either passive or non-passive. Learn how the wealthy fit both non-passive income and passive income structures into their Estate.
STEP 12
CURRENT EXPENSES
Learn about the most important Trust provision that allows your beneficiaries to use the assets of the Trust without incurring a taxable income.
STEP 13
RENT/MORTGAGE % MODEL
Decide whether you want the previous selections from steps 1 to 12 to be revocable or irrevocable.
STEP 14
UTILITY % MODEL
Learn how to successfully name a trust for the right Trust purpose.
STEP 15
FOOD % MODEL
Learn how to choose the right address for your Trust that keeps your Trust in the Federal jurisdiction.
STEP 16
INSURANCE % MODEL
Choose the correct email platform to set up your encrypted private Trust email account.
STEP 17
VEHICLE % MODEL
Learn how to choose the right Settlor for your Trust by educating them on what role you are asking to serve in.
STEP 18
COMMUNICATIONS % MODEL
Decide who will be the Trust the Compliance Officer and the Trustee of the Trust.
STEP 19
DEBT % MODEL
One of the most important things in the Trust is deciding who will be the Successors of the Trust. Learn how to choose your Successors.
STEP 20
ENTERTAINMENT % MODEL
Learn how beneficiaries are protected and can benefit from the Trust.