Thursday, October 31, 2013

Important New Video and Blog, Watch it Now, and Share it with Friends

Hi,

Please Take the Time to Review this Important and Valuable Knowledge Based on Secrets of the Wealthy to Better Navigate the Seas Ahead with Safety and Security, and arrive at Your Desired Destination ahead of Schedule and Beyond Expectations.  Pass it on to Friends, Family, Business Associates, and anyone else you care about!


We recently received a copy of this MUST READ Wonderfully Written email letter,  http://pros.palmbeachletter.com/1307PBLIFLPN150/LPBLP848/Full?h=true    (Please read the newsletter before continuing)





 We were Very Excited to see a Respected Financial Professional with a loyal following touting a little known Secret of the Wealthy to preserve, protect, and grow their wealth in a safe, guaranteed, liquid, tax advantaged manner.  We have been working with this concept for several years with much success, and are committed to the very Best in Designing these vehicles for maximum efficiency and performance.  Design is the key.   

We are not suggesting you Sign up with the newsletter to access this information.  We will Share IT WITH YOU in a Personal, Confidential, and Unique Customized package as our way of getting you started with a Living Legacy.  This Valuable and Timely knowledge will make a Huge Impact on your future, and the lives of those you know.  Of Course This is not for everyone, and yet we feel strongly this IS information everyone has a right to know, and then they can decide for themselves if it is something they want to Pursue. We not only setup these plans for Individuals, Families, and Companies, We also work with Community Banks, Foundations, and Trusts to Employee This Time Tested Strategy. Knowledge is Power!  

We are Fortunate to attend an Invitation Only ThinkTank once a year with the Top Professionals who are committed to excellence and the highest level of service and client advantage in working with this information.  We Appreciate You forwarding this information to your circle of friends who you know are committed to the highest level of stewardship and legacy, and want to work with the Best we know of in terms of commitment to Wealth Preservation and Legacy, A Secure and Tax Free Retirement, Safety and Liquidity.  If you or Your Friends are not 100% Sure you will have a Great Retirement, This is for You!  Thanks so much for your help in getting this Valuable Information out to those you care about, and have a great rest of the year!

Feel free to call or email with questions or to see how this might apply to your specific situation if it sparks your interest.  Our business is by referral, and yet, in these Changing Times, we feel compelled to request HELP in getting these closely guarded “Secrets of the Wealthy” out to everyone we can, so they can apply them in their own lives, and the lives of those they care about, insuring a better future for them and their loved ones.

Thanks so much for your attention, and interest, and for making a difference in the lives of those you care about, we hope to hear from you Soon.

Special Bonus!  Consult with us if you also want to receive information about the Threats to your Retirement Funds, and how to unleash your IRA and Unlock your 401k.  This may prove to be the most valuable information you will ever receive about saving and rejuvenating your Retirement, and building a Better more resilient Community to live in.



Wes and Susan
970.744.4626

http://www.worthangroup.com/privatized-family.html




WJ Dye

Friday, September 6, 2013


Top 10 Reasons to Support Locally Owned Businesses


Support your Local Businesses and Your Community, it makes us all stronger!
http://www.ilsr.org/wp-content/uploads/2010/12/10reasons-2012.pdf




Talk to us about using your Retirement Funds to Fund Local Businesses, Growing a Stronger and More Resilient Community to Live In!


Susan is reaching out to families and businesses during Sept., it is Life Awareness Month!  She will be passing on valuable information to think about from time to time during the month.  Be sure to check the blog from time to time.  Call her to discuss your needs, wants, and concerns!  970.420.9018

Some Helpful and Timely Information from a Blog:


Help Change Lives—Submit Your Story

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Summer, 22, was going to be a first-time mom. Each month she would go into her insurance agent’s office to pay the premium on her car insurance, and during one of those visits her agent, Christie Trahan, asked her about getting life insurance coverage as well. Summer said she’d think about it, as she was a student living on her own, making it paycheck to paycheck as a waitress.
After asking her over the course of several months, Christie felt she needed to ask Summer one last time: “Are you sure you don’t want to buy that life insurance?” At $12 a month, Christie felt that this policy was affordable even for a working student and mom-to-be. Summer agreed, saying that she knew it was the right thing to do, even though her own mother had advised her to wait.
It’s fortunate that Summer bought that policy. Watch her story:

As you can see, a policy that costs just $12 a month can change lives—making the future brighter and better for a child or a family, despite the tragedy of a parent dying.
It’s stories like these—realLIFEstories—that help us all understand what insurance reallydoes and why we need to take action now to get the insurance coverage we need to protect our loved ones financially. That’s why each year the LIFE Foundation asks insurance agents and advisors to submit stories of their own to the LIFE Foundation’s realLIFEstories Client Service Recognition Program, which demonstrate how the insurance they helped a family put in place made a difference in a time of need.
If you or your family have benefited from life, disability or long-term care insurance and you’d like to share your story with the American public, send this link along to your agent, as they will need to fill out the application: www.lifehappens.org/reallifestories-program-application. If you are an agent or advisor reading this blog, click on the above link and submit your story to the LIFE Foundation.
These stories change lives—Isn’t it time to be a part of that?

Are You Ready Financially?

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Fifty percent of the US population accounts for just 2.7% of all health-care expenditures, while 5% accounts for 49.5% of all health-care expenditures, according to Kaiser Family Foundation.
The life expectancy at birth of an average American was 62.9 years in 1940, five years after Social Security was created. Life expectancy today is 78.7 years (source: Center for Disease Control). As a result of this increased life expectancy, it will take $293,000 to pay for post retirement health care that’s not paid by Medicare, according to Kaiser. Are you financially prepared for this?
Are you financially prepared to raise your children? A child born in 2012 will cost a higher-income family (those making at least $105,000 of before-tax income) $399,780 in 2012 dollars (i.e., a present value amount) and $501,250 in inflation adjusted dollars through age 17, and this does not including college (source: Department of Agriculture). How will this be paid if you were to die or become disabled today?
Are you going to rely on your family business? Only 30% of family businesses survive into the second generation, 12% into the third and only 3% to the fourth and beyond. Many times this is due to a lack of planning and a lack of cash. You can provide the planning. Life insurance can provide the cash.
A Crisis of Underinsurance
According to LIMRA Statistics from 2012, both men and women are less likely to own life insurance today than they were in 2004, and the likelihood of being without life insurance has dramatically increased for every age group since that time.
• Only 61% of men and 57% of women have some sort of life insurance coverage—half as many in 2004.
• The likelihood of husbands having any life insurance has declined across every income level—low, middle and affluent, since 2004.
• Women of all ages average smaller amounts of individual life coverage than men of similar ages.
• On average, women have $129,800 of individual life insurance, while men have $187,100 of individual life insurance coverage.
September is Life Insurance Awareness Month (LIAM), and it is time to take personal financial responsibility to determine if life insurance should be part of your planning and how much is appropriate. Whether you choose to research online or pick up the phone to call your agent or advisor, now is the time to take action. Do it today!

14 reasons why life insurance is the best

How great is life insurance? Pretty darn great.
In honor of Life Insurance Awareness Month, we're looking at some of the great things life insurance does for America, from protecting families to employing millions.
These statistics are proof that what you're doing matters. And that you should probably go out and do some more of it.

Call Susan to Discuss, 970.420.9018
Page 1 of 8

Slideshow: 6 famous brands started or saved by life insurance

If not for life insurance, Disneyland might have existed only in Walt’s imagination. Stanford University might have been a short-lived tribute to a son who died young. James Cash Penney’s personal depression during the Great Depression might have shuttered the J.C. Penney chain. McDonald’s might have only served a few hundred thousand. Today’s home chefs might not be getting pampered.
Check out this slide show to learn how life insurance played a key role in either the creation or survival of some iconic American institutions.
Next: Disneyland

Good News!


New York Life's dividends to policyholders to rise 8% in 2013

Photo credit: jscreationzsPhoto credit: jscreationzs
New York Life Insurance CompanyNew York, announced in its third quarter earnings results, released Monday, that the company's dividends to participating policyholders will increase by $100 million in 2013, an 8% rise over the company’s 2012 payout. 
Mark Pfaff, New York Life’s executive vice president of agency operations, says the dividend distribution is in part a result of the “ongoing strength” of the company’s whole life portfolio, robust earnings, operating cost savings and growth of the company’s capital surplus, which now exceeds $19 billion.
Neal Strauss, vice president and senior credit officer of Moody's Investors Services Inc., New York, adds that New York Life’s financial strength is mirrored in the company’s sterling credit rating: AAA, Moody’s highest rating.
“New York Life has a strong market position and brand, a diversified product portfolio, as well as capital adequacy and liquidity,” says Strauss. “Plus, the company has a very strong distribution field force.”
Pfaff says that New York Life’s career agency workforce, which numbers more than 12,000 agents, now has as a significant presence in the U.S.’ burgeoning cultural markets, including the African-American, Asian-American and Latino-American markets, The company invested “heavily” in these sectors three years ago, he notes, by recruiting and training agents to serve them.
New York Life recorded a 4% increase in agent recruitment over the same period in 2011, with 2,396 new agents hired through Sept. 30, 2012. In addition, 79% of the new agent hires in 2012 have been either women or individuals representing cultural markets.
“We're now seeing the pay-off three years out,” he says Pfaff. “We’re on track to attain our sales goals in these markets.” 
New York Life’s agents recorded an increase of 11% in sales of recurring premium whole life insurance over the third quarter of 2011; The company’s annuity sales also rose 16%, driven by income annuity sales, which are up 17%.
“This is our best year ever in terms of sales of income annuity products,” says Pfaff. “We should have well over $1 billion in sales through 2012. In respect to variable annuities, we expect to achieve an 8% to 9% growth in sales for all of 2012. And that’s on top of the 22% sales increase we recorded last year.”
Pfaff adds that New York Life’s “case rate” (or the number of sales) also grew 6.5% in the third quarter. For all of 2012, the case rate is expected to be up by 7-8% compared to 2011.  
Sales of New York Life’s flagship product, whole life insurance, also are up 20% through the third quarter, says Pfaff.
Mutual fund sales in the third quarter increased 10% compared with the third quarter of 2011. The gain, New York Life reports, reflects the "consistent investment performance from the company’s investment boutiques in both income-oriented and capital appreciation funds."
While touting New York’s robust third quarter results, Pfaff says that several macroeconomic factors remain concerns for the company moving into 2013. Among them: Congressional action to reign in the deficit by, among other possible measures, eliminating or watering down the tax-favored treatment of life insurance; the slow-growth economy; and continuing low interest rates.

Thursday, September 5, 2013

Q:     What do these companies all have in Common?

A:      They all Utilized the Cash in their High Cash Value Policies to Start Their Companies or Maintain their Cash Reserves    

Wednesday, September 4, 2013

Note!!  We Suggest you set aside a few minutes to watch the Important and Valuable Video Below!

This information is not meant to alarm or frighten you, just to give you more choices in making astute and sound financial decisions about your future plans



“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.”

We have been encouraging everyone to become aware of the changes in the economic and financial system that may be working against your sincere efforts to successfully steward your retirement and personal funds.  The Public Banking Institute is at the forefront of the efforts to educate citizens, municipalities and state governments on the need to setup Banks that are not subject to these new pressures and devastating circumstances.  We Highly Recommend and Encourage you to watch the following video, and read or watch any other educational material the Institute has provided to help you in your efforts to protect and steward your funds.  As you know, we are helping individuals, families, and companies to protect and grow their holdings with Privatized Savings and Loan or Private Reserve Banking programs, something which the Wealthy have been using for over 150 years to address their needs, and now are proving to be ahead of their time in dealing with todays problems.  

Please Watch This Video Now!        http://safeshare.tv/w/jkbxcFMkyu



Contact us with questions, or to learn more:

Thursday, August 29, 2013

Value Your Business!


Value Your Business!  (Ask for Discount Code)

Knowing the Value of Your Business has many Business Benefits.  Now you can save Thousands of Dollars $$$$


We are offering a Trial, and also a Discount to Use The Best, Patented, User Friendly Software for CPA's, Attorneys, and Business Owners.

1.  Giving them more control and saving time
2.  Saving Thousands on a Costly Time Consuming Process
3.  Gives you access immediately to Needed Information
4.  Gives you a Full Report for Multi Use Business Valuation

This is a Great Article on Business Valuation Rule of Thumb, Recommended Reading for Busy Professionals




After Reading we Suggest You Watch the Informational Videos on THE Business Valuator


Online Business Valuation: The BizEquity Solution

By Scott Gabehart, Certified Business Appraiser and Vice-President of Valuation Support and Services for BizEquity
The recent article by Mark Cohen in the New York Times titled “Do You Know What Your Business is Worth? You Should” contained a number of relevant insights related to the valuation of privately-held companies – including the “commanding” title itself.  Interestingly, the first part of this title happens to be our primary tagline at www.bizequity.com.
Singlemost Important Piece of Advice
Cutting to the chase, my analysis led to the conclusion that the primary or singlemost important sentence in the piece was:
     “….it helps to have at least a basic understanding of the valuation process.”
The implication was, it seems that many business owners do NOT have a basic understanding of the valuation process.
Enter BizEquity
Pioneered by experienced entrepreneurs and valuation experts alike, there is now a tool available which can help the business owner to “Optimize, Optimize, Optimize” as Mr. Cohen puts it convincingly in his final comments.  Importantly, the employees of BizEquity are devoted to the development and implementation of a comprehensive suite of business valuation methods which will allow the user to generate a credible, reliable and accurate estimate of fair market value on a going concern basis – from the perspective of both an “asset sale” and “stock sale” paradigm.
Why Do Online Tools Disappoint?
There are several online valuation tools or calculators which can be located via the internet which run the gamut from extremely basic calculators with 3 or 4 entries to complex discounted cash flow applications based on Excel spreadsheets and the Capital Asset Pricing Model  complete with “beta” and a staggering number of assumptions stemming from modern portfolio theory.  Neither of these options can truly help the typical small business owner determine value or understand what truly determines business value.
The primary reason why a business broker (such as Barbara Taylor in the Cohen article) using many of the current online tools (calculators are a better description in many cases) would be disappointed in the valuation estimate is their inability to properly gauge cash flows for valuation purposes (whether in the form of “discretionary earnings” or “net cash flows” or “after-tax profits”).  Even those tools which fall in between the two extremes just identified are unlikely to “hit the mark” for this key metric.
Unless the valuation algorithm specifically addresses owner or officer compensation in a robust manner, the results will be more than disappointing. More specifically, the earnings stream most suitable for a small company is reflective of a “return on the owner’s labor” as opposed to a “return on investment” perspective.  Most specifically, it must reflect the “pretax, cash equivalent financial benefits available to a single owner working on a full-time basis” in order to pass “the smell test”. 
Such a tool must also be able to account for other “outliers” so to speak, ranging from a variety of non-recurring or non-operating expenses/revenues to the imputation of a market level rent burden if the subject company happens to own the underlying real estate. Without these adjustments, valuation results based on pretax profits or an unadjusted EBITDA will almost always fall short of what would be deemed a “credible” estimate.  Contingent liabilities and net operating loss carryforwards are examples of balance sheet adjustments which must be captured in order to derive a credible estimate of “equity value”.
Through literally years of trial and error, BizEquity has managed to work all of these key valuation elements into their algorithm. By accurately determining the proper earnings/cash flow amount, other key value determinants can be utilized to build the proper valuation multiple or capitalization/discount rate.  Factors such as size, expected growth and profit margins, customer concentration, importance of owner-operator to business performance along with other financial statement ratios can be used to assess areas such as liquidity, solvency and activity as compared to industry benchmarks.
Second Most Important Piece of Advice
The second most important piece of advice from Mr. Cohen’s article, in my opinion, reads as follows:
     “But some are starting to treat the act of valuing their business as an integral part of running it.”
Naturally, treating the valuation process as part of day to day and strategic planning requires the “basic level of understanding” referred to earlier.  BizEquity wants to do more than just provide a bottom line number.  The unique and patented user interface allows the user to visually note how a changing variable can impact the final estimate of value – in real time. 
In addition, the firm is in the process of publishing a series of blogs which, from start to finish, will educate the owner on key concepts related to business valuation.  These blogs will, in part, be incorporated into a new book that Mr. Gabehart and Mr. Carter are currently writing called “Valuation 2.0”.  This unique book will be the formal link between the business owner and their quest for knowledge in the valuation realm. Beyond providing a user-friendly overview of the business valuation process, this book will also give the readers added insight into how to use the online tool – both in general and with respect to maximizing business value over the long run.
Final Comments
As noted by Mr. Cohen, it is certainly true that small business owners are, almost without exception, extremely preoccupied with “the day-to -day demands” of their companies.  And yes, there are many instances when there is “something to be said for having a real person trained at valuations”.  As I have duly noted in my blogs, it is clearly the case that “there’s an art to doing a valuation.”  Finally, I have no doubt that there are many online tools which would produce different results from what a hands-on and experienced business broker would surmise as being the correct value.  Even “reasonable” professional appraisers would admit that a given company’s value can easily range up or down by 10% to 15% around some hypothetical average or probable value.
Despite these admissions, I have seen firsthand that we can assist business owners with efficiently (but steadily) learning about business valuation and how it relates to both their day to day operations and long term planning. After four years and literally millions of dollars in invested capital by the former credit card giant Advanta and now the new owner Mr. Michael Carter, we have introduced an “online tool” which we hope will become more of a “way of thinking” than a once in a while application.  Our forthcoming book will deal with this in detail as we delineate the finer points of what we term “Enterprise Value Management”. In short, all roads lead to “value”. 
Based on my experience as an internal auditor, business broker/middle market specialist, real estate agent, securities agent and certified business appraiser, I have spent most of the past two decades immersed between buyers and sellers of privately-held businesses of all types and sizes.  Along the way, I have written two major books (covering business brokerage and business valuation) and developed/taught an MBA level course on private firm valuation for the highest ranked international MBA program in the entire country.  All of this experience is being incorporated into the development of BizEquity with the ultimate goal of teaching business owners how to value their most precious assets – and how to “optimize” this value.
Contact Us at Worthan Group for a Confidential Discussion of your Needs, and a Trial Account for The Business Valuator.  We also offer Business Succession Services, Retirement, and Executive Benefits
970.744.4626

Saving Money and Time for Doctors!

Saving Time and Money for Doctors!

Get 21 hours of Category 1 CME credit !!
|Wes Dye and Worthan Group offer:

Earn 21 Hours of Category 1 Continuing Medical Education (CME)


The Doctor’s Wealth Preservation Guide
The 7th Edition 2011
To Order a copy of The Doctor’s Wealth Preservation Guide – WITH CME CREDITS
for the price of $50.00 (more than 50% off retail), contact us, info below.
Doctors have been clamoring for Category 1 CME credits on issues that will help them, protect their assets from creditor, become more business savvy, reduce income, capital gains, and estate taxes, and grow wealth in a secure manner for retirement. You can stop wondering why no accrediting body has been able to approve a book on such issues because now one has.
The Doctor’s Wealth Preservation Guide has just been approved for 21 hours
Now doctors can learn something new and useful instead of taking the same typical CME courses that everyone loathes taking. You can now earn Category 1 CME and not feel like you are wasting your time fulfilling your continuing education requirements.
Making money in the medical profession is hard enough, keeping it is an entire other matter.
Roccy shows you how to avoid being a target of litigation, retire wealthy, move money to the next generation, all in tax efficient manner.
What are people are saying about this book:
The Doctor’s Wealth Preservation Guide is the new physician’s financial bible. No physician should practice medicine without one.”
Kathryn Serks from The American Academy of Physician and Surgeons.
Roccy – A well–earned thanks for greatly simplifying my life with a much improved proper corporate structure.
Separate well-earned thanks for your expert yet understandable tax and asset protection planning. This will make a huge difference for my family.
And finally, I literally owe you my financial life, for helping me escape from Xelan.
Thank God I read your book.”
Tim Kriss – Neurosurgeon
Wealth Preservation Guide is now APPROVED for continuing medical education.
 
REVIEW THE TABLE OF CONTENTS
To view the Table of Contents of the book, please click here.
Asset Protection – Learn how to protect your personal and business assets from disgruntled patients, creditors and divorce through the use of domestic and offshore planning tools.
Estate Planning – Learn how to avoid the most common estate planning mistakes that could cost your heirs $500,000 – $3,000,000 or more and learn how to avoid the 70-83% tax trap.
Income Tax Reduction – Learn how to reduce your income taxes by $25,000 – $200,000 annually while avoiding the tax avoidance shams in the marketplace.
Financial Planning – Learn how to protect the principal of your investments while still giving yourself the opportunity for upside growth if the stock market performs well.
Office Management – Learn several practical and easy to implement solutions that will help you run a more efficient and financially sound medical practice.


Roccy DeFrancesco, JD
Author and lecturer Roccy DeFrancesco, JD has spent the better part of a decade helping doctors keep their hard earned money. His doctor’s book should be on the shelf every person connected to the medical profession. Contact Us now, Sign up for Your Continuing Education.


Wes Dye, CWPP, Chartered Trust Officer, State Representative, Asset Protection Society

http://www.worthangroup.com