Passive Income Blog

A great piece worth pondering, related to this previous post.  The following was written by a friend of mine, Chad Cameron…

I have a good friend who is an event planner. One if her favorite events she told me in enthusiastically great detail was the planning of a murder mystery dinner party.  A fun loving family hired her to plan the and get all the necessities for the party. There was catered food, appropriate costumes to acquire, a really great venue to rent …… and a murder to plan.
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I came across a website the other day where the owner of the site declared himself an ‘Unemployable Hobo.’  I was intrigued and read on.

Here is what is written on his site:

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“Playing for Change is a multimedia movement created to inspire, connect, and bring peace to the world through music. The idea for this project arose from a common belief that music has the power to break down boundaries and overcome distances between people. No matter whether people come from different geographic, political, economic, spiritual or ideological backgrounds, music has the universal power to transcend and unite us as one human race. And with this truth firmly fixed in our minds, we set out to share it with the world.”

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It doesn’t interest me what you do for a living.
I want to know what you ache for,
and if you dare to dream of meeting your heart’s longing.

It doesn’t interest me how old you are.
I want to know if you will risk looking like a fool for love,
for your dream, for the adventure of being alive.

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The second section of “Self-Reliance” offers more suggestions for the individual who wants to achieve the desirable quality of self-reliance. Emerson begins with a directive: “Let a man then know his worth, and keep things under his feet.” Material objects, especially those that are imposing—Emerson cites magnificent buildings and heroic works of art, including costly books—often intimidate people by making them feel of lesser worth. This feeling of inferiority is a mistake: Humans determine an object’s worth, not vice versa.

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This is a post I put together reviewing one of Emerson’s most talked about essays, Self-Reliance.  By gathering various online reviews and summaries, I put together an overview of his Self-Reliance essay here.  My comments are posted at the end of Part 2, enjoy!

“Self-Reliance” is an essay written by American Transcendentalist philosopher and essayist, Ralph Waldo Emerson. It contains the most solid statement of one of Emerson’s repeating themes, the need for each individual to avoid conformity and false consistency, and follow his or her own instincts and ideas.

Click on image to view full essay

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Piercing Asset Protection Structures

How does the asset protection corporate veil get pierced regarding an offshore bank account? Well a court order to get the information regarding a bank account, a trust, a corporation or a foundation is going to be required.

Such court orders are generally reserved for serious criminal matters like narcotics, terrorism etc. Civil matters from countries outside of the jurisdiction where the bank is would rarely if ever result in the production of a court order for information.

Be Prepared

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Thousands of lawsuits are filed daily, many without any merit, filed by people looking for easy money. In our lawsuit-plagued world, proper structuring to separate yourself from your assets, and all of the potential liability that follows, is almost a necessity… or should be anyway!

“If you and your family have assets, including cash, stocks, property, businesses and inheritance, then you are vulnerable to losing everything you own by a single lawsuit or judgment brought against you,” warns Kevin Wessell, CEO of Offshore Company, a leading asset protection and offshore services company in business since 1977.

“Everyone is vulnerable and everything you own can be taken away in a split second by one simple court judgment brought against you. Think of a simple everyday situation that can happen to anyone. You are driving your car, minding your own business when suddenly you are involved in an accident. The other driver decides to file a lawsuit against you. The plaintiff’s attorney not only investigates what your insurance policy covers, but what your assets are worth, including money in the bank, stocks, home, properties and businesses you and your family own. The plaintiff’s attorney now has an idea how much you are worth and how high they can set the lawsuit. In this simple everyday situation, one split second (the accident) could cause the loss of everything you and your family owns,” cautions Mr. Wessell.

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