.

The article has nothing to do with the heading "swiss annuity vs IRS". Most Swiss annuities are compliant with US tax laws. And since they provide tax-deferred inside buildup, there is no taxable income to disclose to IRS until the contract is surrendered or withdrawals are taken.

This article should be deleted since you posted it on another thread already.

And it's a double post: http://benefitslink.com/boards/index.php?s...c=43396&hl=

Wow! There must an alternate universe that Lance inhabits.

The man that has been removing the posts can give the details.

I am going to Switzerland to learn more about Swiss Annuities, so start thinking of questions.

Leaving Thursday for Switzerland to study how to use a Swiss Annuity to asset protect homes etc. Was told that if you disclose it is legal in US and is a great way to asset protect things, without using trusts. Also told that they had other great uses. A publisher wants a book on point. Anyone with questions please contine to contact me. So far they were great questions. 516 9385007 lanwalla@aol.com Lance Wallach

I would be concerned about the advice you receive from a Swiss firm about applicability of US laws (tax, insurance or otherwise) to the purchase of Swiss annuities. The information then can give you will likely be correct for Swiss residents, but may or may not be correct for US residents. Moreover, since so-called "Swiss annuities" are a form of variable annuities that provide a choice of index and a choice of currency, they are securities under US law. It is my understanding that recommending them to US residents would likely violate US securities laws. While writing a book in general terms is not a "recommendation" per se, having people contact you so that you can guide them through the process is likely to violate US securities laws. Be careful. You may come back from Switzerland unable to discuss what you have learned. You are highly focused on getting on IRS's bad side. The SEC is every bit as tough.

You are correct on all counts. Need the info for a book. Not selling anything. They already told me this, as did my atty. but as always thanks for the good advise Need some a watch or another swiss army knife?

Back with great suff for the new book for Wiley and Bisk, maybe they will give members a discount, mention my name to buy two but pay for three. That is what some of you sell to your clients. lol Ron anything illegal about me buying a lot of Swiss Francs as a hedge agains the Obama Dollar, sure to be a great investment.

Doing a book on why asset protection trusts dont work and solutions. Anyone want to help?

Can still use one more person on this, thanks.

Still can use help thanks.

Thanks to all that helped. Still need a little help for the book with asset protection, thanks.

Can use one more person

Just a little more help from an atty needed, thanks

Still need some content.

Still need help thanks

still need help

need help with gifts and estates book/

Was just told about raid yesterday. Anyone have knowledge about IRS raid on Benestar?

Nothing about it on their webpage Benestar.

I was told IRS took all computers etc

Lance, this is nothing more than a rumor, which is not useful to anyone.
If you have additional details or sources of information, please post them.
Thank you.

More importantly, stop asking the same question on multiple threads.

Au contraire, Mr. Rigby. It is greatly useful to one person.

The rumor (I wonder who started it?) is Mr. Wallach's excuse for resurrecting his tiresome old posts, which (bottom line:) serve as a cover for him to advertise here for free. Boo. Hiss.

Seriously (not), since Lance is THE expert in this field, having never lost a case, I'd expect him to have the answers about the "raid on Benestar." Well, as long as he asked, "someone" told me that the "raid" was nothing more than a visit to pick up some extra computers for the SEC.

Now, I'm going back to ignoring him and using the [Report!] button.

now you scammers cant sell the abusive plan anymore. go on the net and find a new scam to sell.

On or after June 1 IRS will start the fines.

Another two calls already this morning.

43 calls this month about fines.