Group Discussions

 

Tuesday 10/14/14

Discussion open 9:02 pm EST -11:50 pm EST

Song: Every Praise

Prayers : DNC

Recite of Pledge ~ Blk Pearl

Mission & Vision Statement ~ Blk Pearl

Roll Call ~ 16

Minutes taken by Blk Pearl - 10/09/14 Read & Approved

Welcome ~ Beloved

 

Annoucements

 

 DNC: Comment ~ It's very important for each and everyone of you GET OUT & VOTE!!

If you know someone who hasn't register to vote, please encourgage them and let them know how important it is to vote and let their voices be heard!

 

Beloved will be "Fasting & Praying" on Friday 10/17/14 for 24 hrs for our "Break through for the RV." 

If you are interested in joining Beloved during her fasting please let her know.

 

We invited a Guest Speaker~ Terry D. to come & speak to The G.E.M. ~ GROUP on Annunties

 

Terry D:

 

Terry begin explaining what are Annunities?

 

An annuities are contractually-executed, relatively low-risk investment products; the insured (usually, an individual) pays a life insurance company a lump-sum premium at the start of the contract.  That money is to be paid back to the insured in fixed, incremental amounts, over some future timeperiod (predetermined by the insured). The insurer invests the premium; the resulting profit/return on investment fund the payments received by the insured, and, compensate the insurer.

Conventional annuity contracts provide a predictable, guaranteed stream of future income until the death(s) of the beneficiaries(s) named in the contract, or, until a future termination

date – whichever occurs first.

 

There are 4 diffrent types of Annunities:

 

1. Fixed ~  (Terry's Favorite) The insurance company agrees to pay you no less than a specified rate of interest during the time that your account is growing. The insurance company also agrees that the periodic payments will be a specified amount per dollar in your account. These periodic payments may last for a definite period, such as 20 years, or an indefinite period, such as your lifetime or the lifetime of you and your spouse.

 

2. Index ~ (Terry' Favorite) The insurance company credits you with a return that is based on changes in an index, such as the S&P 500 Composite Stock Price Index. Indexed annuity contracts also provide that the contract value will be no less than a specified minimum, regardless of index performance.

 

3. Variable ~ (High Risk) You can choose to invest your purchase payments from among a range of different investment options, typically *mutual funds.(a sub-account inside your annuity) The rate of return on your purchase payments, and the amount of the periodic payments you eventually receive, will vary depending on the performance of the investment options you have selected.

 

4. Immediate ~ Usally a structure settlement order by the courts.  Sometimes use in Lottery winnings, for payout amounts.

 

Terry's recommendation on a "Bond" is very dangerous. I is set-up to be used as an

I.O.U. ~ DO NOT INVEST !

 

After serveral questions & answers from our members, we continued our discussions on the topic of

"Trust & Corporate Sole"

 

Terry D blessed our group by iintroducing us to

"Judge Bernie"

 

Bernie is a Religious Court Judge operating in accord with the laws of the State of Wyoming with the complete authority of a recognized, incorporated City Government. He is not a Bar Licensed attorney.

Since 2006 hes now living in Panama.

In 1997, Bernie began writing corporation sole for clients. The aim: maximum protection and minimum taxation as permitted by existing laws.

 

What is a Corporate Sole?

 

A Corporation Sole (also known as Corporation Sole office) is created by an existing religious society (that is you and at least one other person, a spouse, a family member, a friend etc. who have been following the same faith or have held the same belief in religion or spirituality for some time). Note: The term Religious Society refers to a group of two people or more who share the same religious OR spiritual beliefs).

The Corporation Sole office is the interface between the religious society

(or the unincorporated church if you represent a church)

and the outside world, and has the official duties of managing the affairs of the group

(that is the members of the religious society, you and at least one other person) out of which the office was created.

As an example of managing the affairs of the group, the Corporation Sole (with you as the Sole Administrator and decision-maker) may choose to pay for college tuition, or pay for trips, or purchase a home or a vehicle (the titles of which are held by Trusts we create) for the benefit of one or more members of the religious society.

 

Judge Bernie strongly suggest & encourage everyone invested in the Iraqi Dinar to create a

Chartiable Religion Trust & assign your currencies to the Trust BEFORE the RV

 

What is a Chartiable Religion Trust?

 

A Religious Trust can mimimize the tax bite on a windfall profit like the RV!

 

1. The Religious Trust is tax immune ~  IRS Code Section 508(c)(1)(A).

2. The Religious Trust files no tax return ~  IRS Code Section 6033(a)(3)(i & iii).

3. There are none of the problems with these Religious Trusts that are so common with Common Law, Contract Trusts.

4. This Religious Trust is not a Grantor Trust. Grantor Trusts are created by the Grantor, for their own benefit. You might be a donor, but not the grantor.

5. It is completely legal for you to assign your interest and the potential proceeds of any investment program you may have, and transfer that ownership to a Religious Trust, either for consideration or as a donation.

 

What is Judge Bernie cost to create a Corporate Sole & Chartiable Religion Trust?

 

Corporation Soles -  $8,000 ea. (Pre RV)

Charitable Religious Trust -  $1,000 ea (Pre RV)

$10,000.00 Post-RV.  ~ Post-RV, the Corp Sole has a Religious Trust included post-RV

It will normally take 24 to 48 hours to create your Trust, discounting Saturdays.

 

For more information on Corporate Soles & Chartiable Religion Trust pleae visit Judge Bernie webite at:

http://www.theultimateinassetprotection.com/ or you can join his weekly call ~

every Saturday at 9:00pm EST 425-440-5100 ~ pin 217398#

 

The G.E.M. ~ GROUP was given an extremly amount of information from both Terry D & Judge Bernie....even the information on opening a "Bank Account & Living in Panama!" was very informative.

We are very grateful for the knowlege that was given & welcome them back again anytime!

 

Our meeting was closed out in prayer by Cancer Free ~ 11:50 pm EST

 

 

 

 In Attendances

 

Beloved

Blk Pearl

  Dance All Night

Cancer Free

Keeping It Real

Peacemaker

Faith Forward

Michigan

DNC

The Author

Fabulous Girl

Diva Girl

Tessie

Hope44

Hot Chocolate

 

 

 

 

 

 

*Staff & Positions

 

Beloved ~ Management

DNC ~ Management Assistant

Blk Pearl ~Executive Assistant & Board Moderator

Fabulous Girl- Back up- Board Moderator

Keeping It Real ~ Advisor