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©Copyright 1999-2003  Estate Street Partners, LLC, All Rights Reserved
The letter you'll never want to write.I. M. Brooke

Dear Creditor:  

Please accept my apology for being delinquent on your bill.

In reply to your request to send money, I wish to inform you about the difficulties I’ve had in making ends meet. I have been trying to get a handle on my shattered financial condition, and I've come up with a few possibilities.  It seems that the problem is largely due to various laws, taxes, and insurance policies that "I must pay, first."  My research has identified numerous federal laws, state laws, county laws, city laws, corporation laws and swarms of other laws, too numerous to mention.  I'm also narrowing down a myriad of taxes, but it’s seemingly hopeless. 

Through these laws, I am "compelled" to pay state sales taxes, state income taxes, federal income taxes, property taxes, business and operating taxes, numerous other business taxes, gasoline tax, phone tax (including, telephone internet national access contribution tax, and I'm not even on it), sewer tax, cigarette tax, meal tax, amusement tax, computer tax, and various other excise taxes.  I am required to have a business license, driver's license, license for my car, motorcycle license, and a license for my dog.  Last weekend a friend of mine was married and had to get a marriage license.

For "my own safety" I am told to carry health insurance, life insurance, dental insurance, disability insurance, long term care insurance, property insurance, liability insurance, collision insurance, theft insurance, burglary insurance, accident insurance, business insurance, flood insurance, unemployment insurance and old age pension insurance.

My very small business is governed so much by others, that I sometimes wonder who owns it.  I am inspected, expected, suspected, disrespected, rejected, examined, re-examined, informed, required, commanded and compelled to provide a seemingly inexhaustible supply of information to just about every Tom, Dick, and Harry who says he's from the alphabet soup government agency.  I’m spending up to 40% of my time filling out forms and other mandatory reporting or they say, I'm going to be penalized, imprisoned, or both.

I can tell you honestly that but for a miracle that happened, I could not have enclosed this check.  A very dear relative of ours, died a few years ago, and the estate was finally settled.  After the attorneys, accountants, and appraisers finished settling the probate jail process, paid court costs, federal and state inheritance taxes, I was left with just enough money to pay your bill.  Do you think it’s possible that I will be required to pay taxes on this money too?  If this is so, would you please be so kind to send it back.

Sincerely yours,

I. M. Brooke

=========================================
Have you thought about your financial goals?

"For thinking outside the box?" 
 YOU'RE AT THE RIGHT PLACE !!
Your financial goals should be:

1.  To become " judgment proof "  preservation and legal protection of  your wealth,
2.  To defer, (postpone) your capital gains taxes. [Federal 20-28%, + your state tax],
3.  To reduce, defer, possibly eliminate your income taxes. on your "income streams" [Federal 39.6% + your state],
4.  To eliminate the "probate jail process."  In some states "probate jail"  could take three plus years and consume 7% to 15% of your gross estate,
5.  To eliminate ALL inheritance taxes, [Federal + state up to 65% of your gross estate].  Inheritance taxes when combined with probate costs, could consume up to 80% of your gross estate.    

The key:  FINANCIAL ENGINEERING
 
Estate Street Partners, LLC
71 Commercial Street #150
Boston, MA 02109
(508)429-0011 phone
(508)429-3034 fax
RBeatrice@TaxDeferrals.com email
Additional office (by appointment only):
Estate Street Partners, LLC
2235 E. Flamingo Road, Suite 201-G
Las Vegas, NV 89119
(702)615-7616 phone
(702)796-6694 fax

©Copyright 1999 -   Estate Street Partners, LLC, All Rights Reserved
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