Attention Real Estate Investors…You Should Be Ashamed Of Yourself…

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Shame On You If You Don’t Take Care Of This RIGHT NOW!!

Hi Kevin Pritchett here

  You Should Be Ashamed of Yourself: 
  All That Damn Real Estate Debt And…..
                   1. NO MORTGAGE PROTECTION PLAN ;
  2. NO ASSET PROTECTION PLAN
  3. No REAL ESTATE SUCCESSION PLAN

OK Kevin…”What Is Mortgage Protection, Asset Protection and Real Estate Succession?”
Glad you asked!!
Mortgage Protection is a plan using life insurance that:


===assures your MORTGAGE PAYMENTS ARE MADE        in the event of you unemployment, disability or 
death,


==protects your family’s ability to STAY IN THE
  HOME,   school district and in general keep from
disrupting  your family’s lifestyle in the event of your
disability or death.


==if you get to the end of your mortgage and don’t use
the plan you receive RETURN OF 100% of ALL
  PAYMENTS MADE      made on your  base plan


==easy qualification…NO MEDICAL EXAMS,
INSTANT APPROVALS 

Asset Protection:

==owing real estate in separate entities (NOT in your individual name) so that if you suffer a loss, everything you own is not at risk

Succession Planning:

==when you did AND YOU WILL YOU KNOW…making sure your hard assets..especially real estate go easily and smoothly and privately to your designated heirs and do DO NOT have to divided by a judge in PROBATE COURT.

 
Real Estate Investors Are Especially Vulnerable Mortgage protection, Asset Protection and Succession Planning are ESPECIALLY vital if you own multiple pieces of investment real estate.
Most of you are walking a tightrope to keep all those mortgages together yourself….


Just think of the horror show you’d inflict on your family if you DIE (and you will you know!!!) and all those mortgages and real estate and tenants become your spouse’s responsibility!!!!

So Very Sad…And So Unnecessary  

Just spoke with a client who contacted me for a consultation who recently lost her home to foreclosure because her husband lost his job and they fell behind in payments.
    With a mortgage protection plan he could have used some of the built up cash value to pay bills and stay afloat.
 The irony is, her husband is now back at work and has more than enough income but its now TOO LATE 

  Had another client come to me to fix a situation where his mother gave a house to he and his sister but didn’t title it right and they were fighting in Probate Court…talk about a ‘big ass’ check you have to write to me to fix THAT MESS!!!


    Don’t LOSE YOUR HOME/INVESTMENT PROPERTIES BECAUSE YOU DON’T HAVE PROPER PLANS IN PLACE


   With MORTGAGE PROTECTION, ASSET PROTECTION AND SUCCESSION PLANS in place YOU can make sure this will NEVER happen to you


CLICK HERE TO GET MORE INFORMATION AND SEE HOW MUCH YOU QUALIFY FOR


Things don’t get better with neglect…..they get worse!!

Remember….
“Its your life….make it Extraordinary!”
Kevin Pritchett
312-505-1957
ironkop@gmail.com
*licensed attorney;
licensed insurance producer

P.S.  Will you lose your home if you lose your job, become disabled or die?         CLICK HERE TO GET YOUR REAL ESTATE PLANS IN PLACE RIGHT NOW BEFORE IT TOO LATE

Biggest Estate Planning Mistake Nearly EVERYBODY Makes…..

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And The Simple Way To Avoid It!!!

Hey Attorney Kevin Pritchett here:

Probate Nightmare
True story…..
In a recent appointment, a client wanted my help with a Probate nightmare he had. Long, long story short, his mother left he and his sister a home..free and clear.

The brother, my client, was living in the home and paying all the expenses. And the brother and sister were in a dispute over all manner of issues.

The case was drowning in the bowels of Probate court and NEITHER brother or sister was going to get what they wanted in court….


Further, because of the way the house was titled (or more correctly IMPROPERLY TITLED..IN OTHER WORDS NO PROPER ESTATE PLAN AND THE HOUSE WAS LEFT TO BE DEALT WITH IN PROBATE COURT…) it was quite possible the legal title might be messed up from generation to generation!!! WHAT AN INCREDIBLE WASTE!!

A Will Does NOT Avoid Probate
Let’s just cut to the chase…a will DOES NOT…repeat…DOES NOT avoid probate!!


   A will is actually the roadmap that a probate court uses to distribute an estate.  With only a will your heirs are still required to suffer the
=delays
=costs
==public scrutiny and possible challenge
of Probate.


The Solution To Avoiding Probate  

The simple and effective way to avoid probate is to have a proper Estate Plan which consists of:
==a pour over Will
==Revocable Living Trust
==Power of Attorney For Health Care
==Power of Attorney For Property
==Quit Claim Deed of your Family Home Into Your Trus
==All Investment Properties In Entities or Land Trusts
(NOT   YOUR REVOCABLE TRUST!!!)

   With this Estate Plan your heirs can receive nearly all Estate Assets WITHOUT having to subject the estate to the delays, expense and scrutiny of Probate…SIMPLE AND EFFECTIVE.

   Yet WAY TOO MANY people mistakenly believe a Will alone will achieve the above…WRONG, WRONG, WRONG.

   I’ve created the  FREE “Personal Money Master”and Estate Planning Consultation so you can tell me what you want to accomplish, I examine your specific situation and let you know EXACTLY how to achieve your goals.

   No ‘Uncle Melvin…no “guy next door’…..Facts from a 30 year professional who can tell you like it is and get it done for you….

    I’m so sure my methods work….I offer an Estate Planning RISK FREE GUARANTEE… 

RISK FREE:  Not One But TWO Guarantees

 Guarantee – I Guarantee I’ll Show You AT LEAST $10,000 Of Tax                    And Other Fees You’re Overpaying ….or I’ll
                   Write You A Check For $100 On The Spot!!


So with my Estate Plan GUARANTEE, you have absolutely nothing to lose and potentially everything to gain!!
Schedule Your FREE NO OBLIGATION CONSULTATION.

1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation. 
or
2.   CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY


You CAN provide for your FINAL WISHES Smoothly and Privately
Don’t procrastinate on this….Things don’t get better with neglect…they get worse.
Talk soon

Kevin Pritchett, Esq
Law Office of Kevin Pritchett, Inc.
312-505-1957 phone
P.S. Want to get your FREE FINAL WISHES CONSULTATION  CLICK HERE TO SCHEDULE YOUR CONSULTATION
P.P.S. 1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation.          or
2.   CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY

$18,975 Or More Per Year of Guaranteed Retirement Income…No Matter What The Stock Market Does!

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How Would Your Retirement Planning Change If
You Could Receive $18,975 OR MORE Per Year
For The Rest of Your Life NO MATTER
         IF STOCK MARKET ROSE OR FELL???

Hi Kevin Pritchett here  

   Are You Worried About Outliving Your Retirement?
YOU SHOULD BE…but you don’t have to be!!!  

Case Study: $18,975 Per Year For Life

    In this example, a 60 year old client placed $250,000 in a guaranteed income plan and due to the way the case was designed, the client received $18,975 per year for life.   

  Additionally, if the client goes into a nursing home he will DOUBLE his income to $37,950 each year for 5 years or until the account reaches ZERO whichever comes first.
(all income based on the specific age and characteristics of this case…..)

You CAN Achieve Lifetime Guaranteed Income

    As sad as it may be, the TRUTH is that you’ve been LIED TO and DECEIVED by WALL STREET….FOR YEARS!!       For over 20 years I’ve helped my clients achieve LIFETIME GUARANTEED INCOME. THAT:
==lasts as long as you do

==is not affected by stock market downturns

==can increase over time to match inflation and your increasing needs   AVOID ALL STOCK MARKET LOSSES YET HAVE ACCESS TO PORTION OF STOCK MARKET GAINS.

  Custom Designed Guaranteed Income Plans
    No product or strategy is perfect for everyone.
Your individual situation and income needs must be considered to make sure a GUARANTEED INCOME PLAN is right for you.  

That’ why I’ve created my FREE NO OBLIGATION CONSULTATION where you tell me what you want, how much income you need, I review your financial assets and then tell you if you’re a good candidate for a GUARANTEED INCOME FOR LIFE PLAN.  

RISK FREE:  Not One But TWO Guarantees

Guarantee 1- 100% Money Back Guarantee The consultation is absolutely FREE, no pressure and I offer a 100% MONEY BACK GUARANTEE.  You can decide whether the LIFETIME GUARANTEED INCOME PLAN is right for you, take delivery of the annuity and if for whatever reason you don’t want it, you can cancel it and receive a full refund of any money you’ve put into it….GUARANTEED…I put it in writing!!! 

  Guarantee 2- I Guarantee I’ll Show You AT LEAST $10,000 Of Tax  And Other Fees You’re Overpaying ….or I’ll Write You A Check For $100 On The Spot!!

  So with my 2  GUARANTEES, you have absolutely nothing to lose and potentially everything to gain!!

  Schedule Your FREE NO OBLIGATION CONSULTATION

1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation.          or

2. CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY

You CAN achieve a LIFETIME GUARANTEED INCOME   Don’t procrastinate on this….Things don’t get better with neglect…they get worse.   Talk soon

Kevin Pritchett, Esq
Law Office of Kevin Pritchett, Inc.
312-505-1957 phone

P.S. Want to obtain GUARANTEED LIFETIME INCOME  CLICK HERE TO LEARN HOW  

P.P.S.  1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation.          or

2.   CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY

Worried About Outliving Your Money?

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  You CAN Achieve Lifetime Guaranteed Income   

Worried About Outliving Your Money? Watch To Learn You You Can Receive Guaranteed Income For Life

WORRIED ABOUT OUTLIVING YOUR INCOME ?

  Watch The Video To Learn How You Can Receive
                 GUARANTEED INCOME FOR LIFE


    For over 20 years I’ve helped my clients achieve LIFETIME GUARANTEED INCOME. THAT:

Hey Kevin Pritchett here:
Are You Worried About Outliving Your Retirement? YOU SHOULD BE…but you don’t have to be!!!

As sad as it may be, the TRUTH is that you’ve been LIED TO and DECEIVED by WALL STREET….FOR YEARS!!

==lasts as long as you do

==is not affected by stock market downturns

==can increase over time to match inflation and your increasing needs

  The Solution: Equity Indexed Annuities

Equity Indexed Annuities (EIAs)  are the  financial products I use to give my clients GUARANTEED INCOME FOR LIFE.

    EIAs are special life insurance products where you put a lump sum of money in, it accumulates over time and then when you’re ready for income, it generates a  SAFE GUARANTEED LIFETIME INCOME you cannot outlive.

    Properly designed, your EIA can increase your income over time to adjust for inflation or other future needs as you determine.


     Most importantly, EIAs are NEVER invested in the stock market. Rather, the money you deposit is indexed to a stock market index .  The result is that since your money is NEVER actually exposed to the stock market, you


AVOID ALL STOCK MARKET LOSSES YET HAVE ACCESS TO PORTION OF STOCK MARKET GAINS.

     EIAs are
:==SAFE
==PAY AN EXCELLENT RETURN
==TAX DEFERRED GROWTH
==LIFETIME GUARANTEED GROWTH


  Designed Guaranteed Income Plans
  No product or strategy is perfect for everyone.
Your individual situation and income needs must be considered to make sure an EIA is right for you.

That’ why I’ve created my FREE NO OBLIGATION CONSULTATION where you tell me what you want, how much income you need, I review your financial assets and then tell you if you’re a good candidate for a GUARANTEED INCOME FOR LIFE PLAN.

  RISK FREE:  100% Money Back Guarantee

The consultation is absolutely FREE, no pressure and I offer a 100% MONEY BACK GUARANTEE.  You can decide whether the LIFETIME GUARANTEED INCOME PLAN is right for you,take delivery of the annuity and if for whatever reason you don’t want it, you can cancel it and receive a full refund of any money you’ve put into it….GUARANTEED…I put it in writing!!! 


So with the 100% MONEY BACK GUARANTEE, you have absolutely nothing to lose and potentially everything to gain!!


Schedule Your FREE NO OBLIGATION CONSULTATION. 

After you click the link about and watch the video, you can schedule your FREE, NO OBLIGATION consultation :
1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation.          or

2.   CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY

  You CAN achieve a
LIFETIME GUARANTEED INCOME
Don’t procrastinate on this….Things don’t get better with neglect….they get worse

Talk soon
Kevin Pritchett, Esq

CLICK HERE TO LEARN HOW
P.P.S. 1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation.          or

2.   CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY

Law Office of Kevin Pritchett, Inc.
312-505-1957 phone
P.S. Want to obtain GUARANTEED LIFETIME INCOME 

Tax Free Income How To Retire “Sooner, Wealthier”

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CLICK THE VIDEO ABOVE

How You Can Build
                                  A TAX FREE Income
                           And Retire Younger, Richer

Hey Kevin Pritchett here

Of all the different components in your financial life, which would you think creates the biggest drag on your bottom line?  

I’ll even make it easier for you and make this ‘multiple choice’..  

Which of the following creates the biggest drag on your retirement income bottom line?  

A.  The ‘Right’ Investments

B.  Investment Returns

C.  Experienced Adviser
D.  Losses
E.  Taxes  

Ok…what say you?   The answer BY FAR is…..

E. Taxes

The Deadly Impact of Taxes On Your Retirement
Think about it.  Even with the new tax law the  tax rate for businesses is as high as 37%.  For high net worth business owners ($1 Million and above..many of my clients are WAY WAY above this figure…)

There’s not much in your financial life that eats 37% of your profits right off the top is there?  Even with your business deductions and such…TAXES are by far the biggest drag on individual and business profits.

Kevin Pritchett here:
Quiz question for you…..

Of all the different components in your financial life, which would you think creates the biggest drag on your bottom line?

I’ll even make it easier for you and make this ‘multiple choice’..

Which of the following creates the biggest drag on your retirement income bottom line?
A.  The ‘Right’ Investments
B.  Investment Returns
C.  Experienced Adviser
D.  Losses
E.  Taxes


Ok…what say you?
The answer BY FAR is….


Personal Tax Bite 
And to add insult to injury, when you take income for yourself, you get taxed YET AGAIN and those rates are just as high..

The Solution: TAX FREE  INCOME  
As quiet as its kept, individuals and  business owners NEVER and I mean NEVER pay that kind of tax…(they hire firms like mine to make sure they don’t). Its possible to receive a TAX FREE income from your personal and business assets.

    If you are a business owner, you can achieve TAX FREE income without having to sell your business!! 

  Whether individual or business owner, the amount of
TAX FREE income you can receive is dependent upon your individual profile and financial need. 

  
You Don’t Have To Wait To Retire
 To Receive Tax Free Income   
Many individuals and business owners who become my clients are shocked when I tell them that they don’t have to wait to retire to start receiving TAX FREE income.  In fact a number of my clients continue to be a vital part of their business and are receiving the TAX FREE income they desire.

     What would your life look like if  $100,000, $250,000
or more of TAX FREE income  rolled into your bank account every single year?

CLICK HERE TO LEARN HOW YOU
     CAN RECEIVE TAX FREE INCOME

 CLICK HERE to Schedule Your FREE  CONSULTATION

After you click the link about and watch the video, you can schedule your FREE, NO OBLIGATION consultation :
1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation.          or

2.   CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY

“Things don’t get better with neglect…they get worse.”

 You CAN achieve a TAX FREE RETIREMENT PLAN and retire YOUNGER, RICHER
Don’t procrastinate on this….

Talk soon
Kevin Pritchett, Esq
Law Office of Kevin Pritchett, Inc.
312-505-1957 phone

P.S. Want to retire YOUNGER, RICHER,  
CLICK HERE TO LEARN HOW
P.P.S. 1. call  312-505-1957 to schedule your FREE, 1 ON 1 consultation.          or

2.   CLICK HERE TO SCHEDULE YOUR APPOINTMENT IMMEDIATELY

The Coolest Art And Artists You’ll Ever Meet….

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Business Up-Close And Personal Podcast-January 2019:
    The Aurora Arts Initiative/Emily McDonald-Founder

Kevin Pritchett here:

This month I have a great treat for you in our monthly Business Podcast.  This month I’m interviewing Emily McDonald, Founder and CEO of the Aurora Arts Initiative AAI. 

 

 

 

 

Emily is a 22 year old visionary who created and operates AAI as a non for profit home/incubator/master class/academy for young artists (the youngest exhibiting artist is 12 years old!!!).

The young artists mentored by Emily have created some of the most intriguing, provocative and moving art I have seen in quite some time.

 

 

 

 

 

 

 

 

 

 

I discovered Emily  and the AII through one of my newest insurance planning clients, Rose Regulus, who is herself a gifted artist.

Rose referred me to Emily and after visiting the AII in downtown Aurora, Illinois (3 separate galleries forming the AII campus) and  hearing Emily’s passion for promoting young artists and seeing her Herculean work creating and sustaining the AII I knew I wanted to share this special place and all the beautiful and inspiring work of the incredible young artists who make up AII.

Art Openings Every Friday
With Live Music & Refreshments

AII has shows every Friday each  with live music, refreshments and lots and lots of incredible art by young artists.

‘Young Guns’ Show This Friday 6-10 pm

This Friday January 25 from 6-10 pm AII is hosting the “Young Guns Show” 1904 Gallery, One East Benton St., Aurora (one of the 3 galleries that make up AII) where over 200 artists under age 23…one as young as 12…YES 12 years old will present their art along with multiple live bands, refreshments and some of the most eclectic artists and art lovers you’ll ever see.
Admission is FREE and all art will be available for purchase.

Get Involved And Support The Aurora Arts Initiative

When you take a few minutes (about 7) and click on the link above in this post and listen to Emily’s heart and passion and hear her describe the AII you’ll rediscover your own ‘inner artist’ and want to pick up your canvas, camera or whatever you do to get your creative groove on.

For those of you who may not know, I play classical and jazz piano and sing classical music.  So I jump at  any opportunity I have to spread the word about great art in our community

Here is how you can support AII:

1. Round up your posse and come on down to the ‘Young Guns Show’ this Friday, 1904 Gallery, One East Benton St., Aurora and get your inner artist on with the cool folks and brilliant young AII artists.

2.  Click here to join AII mailing list so you don’t miss a single cool-ass event!!

3.  Make a donation in whatever form and amount you’re moved….Cash, art supplies, crayons..everything is needed and all is much appreciated. I wouldn’t ask you to do anything I haven’t done…

4.  MAKE YOUR OWN ART….the very act of life is creative and I believe we align ourselves with Divine Source energy when we create…

Send donations to:
Aurora Arts Initiative
61 S. Stolp Ave
Aurora, IL 60506
auroraartsinitiative@gmail.com
www.AuroraArtsInitiative.com

Ok that’s it for this Up Close and Personal Business Podcast.  Hope you enjoy the interview and this post as much as I did putting it together for you.

Remember…..
It’s your life…make it Extraordinary!!
Kevin Pritchett
Law Office of Kevin Pritchett
Promethean Financial

P.S. Emily and me…. I’m the one on the right!!!
Please Share this blog post…everyone needs to know
what you know!!!

 

 

 

 

 

 

 

 

 

 

 

If Your Message Sucks….Social Media Won’t Save You!!

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Hey Kevin Pritchett here:

I wish I had a dollar for every blog post and article I’ve read recently professing to tell me aka SELL ME the latest, greatest magic bullet that will guarantee me people will stay glued to whatever message I’m sharing with them…I believe the new buzzword is “engagement.”

I’ll be darned if there aren’t even Vice Presidents of Engagement…what the ????

A Stroll Down  Memory Lane  

Remember just a few short years ago when EMAIL was supposed to be the business ‘game changer’  and most especially in ‘sales conversion’..fancy language for convincing prospects to buy your stuff!!

Then it was AUTOMATED EMAIL FOLLOW UP..not just one email but a series of emails in order to stay in front of your prospects until they bought from you.

Then came VIDEOS in your emails…seems if you showed a movie of yourself selling people stuff (without any real regard to what you were trying to sell them…) it was supposed to AUTOMATICALLY make them like you, trust you and buy from you…ok!!

Next, SMS or TEXT messaging was supposed to be the end all…97%+  response rates i.e. people are curious and open texts more than emails…and THAT was the secret to making sales…uh huh right!!

Ok..then the bold new world was….yep…SOCIAL MEDIA ENGAGEMENT.  Yep..if somebody put something on Facebook or Instagram or Linkedin or a blog  or wherever…. that was supposed to make us  engage with it more and like it and you more….YEAH RIGHT!!

First of all…nobody who’s successful spends much time on social media…we’re out in the world doin stuff!!      The people who are on social media are people trying to sell us stuff….yeah dammit I said it!!

                        There Is Only ONE Magic Bullet…

And it ain’t (yeah I said ain’t!!)

–email
–autoresponder follow up
-SMS
-social media…

or ANY type of media.

The ‘magic bullet’ of business and human interaction of ALL types for that matter is ….

PROVIDING VALUE 

If you understand your audience well enough to know what keeps them up at night, what they desperately want…..

and you give them what they desperately want….

People will read your letters, emails, videos or whatever.  But if you’re a horse’s arse and offer nothing of value in your emails, videos and social media posts but more emails, videos and social media posts…THE MEDIA WON’T MATTER…AND NEVER WILL

If I want a Porshe 911 sports car and you keep offering me a family minivan…will your social media posts matter one bit???   NOPE!!

Engagement comes from offering somebody something THEY want…not something you want to give them..PERIOD…END OF STORY!!

Sending lame videos day after day after day without providing solutions to what your prospects want irritates your audience and is ultimately a waste of your time.

So save your shekels..you don’t need the latest course, high priced coaching, social media video software or whatever……

The only magic bullet there is and will ever be is….

Working hard at knowing what your target market desperately wants…..And giving it to them!!

I don’t know about you…but I sure feel better now!!!

Remember…..
“Things don’t get better with neglect….”

Kevin Pritchett, Esq
Founder-Founder/CEO Business Collective

 

 

 

 

Stock Market Got You Nervous…You Better Read This Right Now!

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Hey Kevin Pritchett here:

Recent stock market gyrations got you worried?  Don’t lie…you KNOW you’re worried…and you SHOULD BE!!

Can you…
–afford to lose 10%…20% or more of your retirement portfolio?

–devote the time it would take to recover any losses (aka postpone retirement…aka WORK LONGER????

I KNOW you can’t…NOBODY can!!

Profit From Market Upsides And Eliminate Losses From Downturns

Rather than wring your hands, continue to do nothing and/or live in constant fear…you can implement simple, safe, proven strategies that can give you access to all market upsides and eliminate any losses from market downturns.

Over the last 20 years I’ve helped HUNDREDS of business owners and others create safe plans that allow them to grow their assets, generate tax free income streams at retirement (and have their business pay for it…legally) and as a result, sleep worry free when the markets gyrate.

For all the details.. put your email in the box to the right.

“Remember things don’t get better with neglect…..”

Talk Soon
Kevin Pritchett, Esq
Law Office of Kevin Pritchett

P.S.  You KNOW you need growth but you’re scared to death of losses…find out how you can grow your money and eliminate the losses when the market turns…put your email in the box to the right.

Do You REALLY Want To Improve?

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Hey Kevin Pritchett here:

So let me ask you seriously…..

“Do you REALLY want to improve?
Sounds like a sacrilegious question doesn’t it?  Of course everyone wants to improve…well…not really.  Let me explain…

What Do You Want To Get Better At?
 Truth is, either you’re getting better or you’re falling behind.  The real issue though is…what do you WANT to get better at?

This issue came to me as I was considering whether to sign up for another year of singing in a 100 voice symphony chorus.  The audition requirements came out and there was a decided upgrading of the audition requirements.

While I understood and even admired and was proud to be a part of an organization with such high standards, I had to be honest and admit I really didn’t want to get better at singing.  What I wanted to get better at was playing the piano..jazz improvisational playing to be specific.

At that very moment I realized my desire to stay in the chorus was based on my pride in being associated with such a fine ensemble, the friendships I’ve developed and my admiration of our Maestro.

When I realized what I truly wanted to get better at, it became apparent if I was to be in alignment with my truest self, what I needed to do was discontinue singing and ramp up my playing.

Ask The Right Questions  And You’ll Transform Your Life

I submit that if you put every single activity of your business, work and life through the decision crucible of :

“what do I truly WANT to be get better at?”

You will come to see what you truly desire instead of what you’re supposed to want.  And in focusing on what you truly desire most and then commit to improvement of THAT area, your  life/work/business will be transformed!!

Remember…
“Things don’t improve with neglect....”

Kevin Pritchett, Esq
Founder-Founders/CEO Business Owners Collective(FBOC)

 

 

 

 

 

 

 

What Is The ‘Tax Never’ Bucket ?

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Happy Tax Filing Day Everyone….
(Of course not business owners who had to file last month…)

Kevin Pritchett here with the third in my ‘The 3 Tax Bucket’s Series.

Previously I explained the ‘Tax Now‘ and ‘Tax Later‘ buckets and showed how each is designed to suck your hard earned money from you like a vacuum cleaner.  Today, I’m going to talk about the realm where you want to place as much of your assets as possible…..

‘The ‘Tax Never’ Bucket

I’ll bet 9 out of 10 of you had no idea there was even a ‘Tax Never’ bucket!!!  Well there is….and in fact there are 2 different ways to get there.

Roth IRA
The Roth IRA is a special IRA or retirement account where your money grows tax deferred and then when you take your money out …YOU ACTUALLY PAY NO TAX!!!  Yep…a true TAX FREE realm.

There’s some carve outs…of course…its the government!!

Carve out #1: Income Limits

Specifically,  if you make over a certain amount of income you don’t qualify for the Roth.  If you make less than the maximum income amount you may be eligible for a partial contribution.

A “full contribution” for 2017 and 2018 is $5,500. And if you’re 50 or older, it’s $6,500 because the IRS lets you contribute an additional $1,000. This is called a “catch-up” contribution.

If you qualify for a partial contribution, your financial advisor can help you determine how much you can contribute.

Carve out #2:  Contribution Limits
$6500 is the most you can contribute to a ROTH IRA in 2017 and 2018.   Hard to build up a large portfolio with only $6500 ($5500) per year….THAT’S THE POINT MY FRIENDS.  The government does not want you to build up a big TAX FREE next egg!!.  They want their tax.

But there IS a powerful, super conservative, legal, tried and true technique to build up as big a true TAX FREE income stream as you desire and place as much money in this strategy as you desire….stay tuned tomorrow!!

Remember…..
“Things don’t get better with neglect….”

Kevin Pritchett, Esq
Founder-The Founder/CEO Business Owners Collective (FBOC)

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