Aaron Scott Young Presents:

Building YourCorporateFortress

About UsOur mission is to help entrepreneurs start,

grow, and profit from their business.

• Corporation, LLC, and Non-Profit Formation• Lawsuit Protection Planning• Estate Planning• Corporate Compliance Services• Trademarks

• Asset Protection

• Tax Reduction

• Veil Protection

• Exit Planning

What You Really Want

• Receiving The Life You’ve Dreamed Of

• Asset Liberation

• Cash Expansion

• Life and Muscle For Your Business

“Begin With The End In Mind”

-Stephen Covey

The Blueprint

Key To Your Success

Building Your Fortress

Business Risks

• Copyright Disputes• Your kids• Accidents on the job• Contracts / JVs• Hiring & Firing• Discrimination & harassment claims

Free Risk Assessment

A Link to complete this assessment will be provided at end of presentation.

Why Should Entrepreneurs Use Corporate Structures?

• Asset Protection• Tax Savings• Protect Against

Creditors• Estate Planning• Prestige and Credibility

“I decided to become an LLC because I owned property, and the thought of it being taken away if I was sued was a scary thought! Also, it made me feel like a professional business lady, and I like tricking myself into thinking that I am.”

- Michelle Ward, When I Grow Up Coach

Making The Right Choice

Sole Proprietor

• Total Risk (No Liability Protection)• Limited Deductions• Limited Business Financing Options

Ideal for a C-Corporation

• Multiple Employees• Angel or Venture Funds• Visions of Going Public• Stock Incentives• Multiple Rounds of Funding

Ideal for an S-Corporation

• Home Office• Few Employees• One Owner• Freelance Work• Zero Desire For Investor Funds

Ideal for an LLC

• Management Flexibility• Small Group Of Engaged Owners• Good Choice For Real Estate• Flexibility In Distribution• “In kind” Investment For Membership

I AM NOT THE CORPORATION:

THE CORPORATION IS NOT ME!

You Can Turn Everyday Expenses

IntoBusiness

Deductions

Corporationsand LLC’s

can providea life of deductions

Pre-Tax LifeAccounting Fees, Advertising, Air Conditioning,

Airplanes, Assistants, Automobiles, Baby Sitting, Bad Debts, Sponsorship, Boats, Bonuses,

Bookkeeping, Alarm Systems, Business Awards, Business Consultants, Disability Plans, Decorating,

Entertainment, Legal Fees, General Business Insurance, Vehicles, School, Health Clubs, Research, Medical Bills, Interest, Travel, Equipment, Seminars,

Technology, Insurance, Entertainment, Braces, Education, Property, Loans, Massage, Gardening,

Logo’s, Web Design, Professional Services

IRC 74 Achievement Awards

Safety: $1,600 a Year

Longevity: $1,600 a Year

$3,200

Hire Your Kids

$6,350 Tax FreeUnder 18 Years of Age

EducationSEMINARS

100% tax deductible to the corporation and are not included as part of your income.

EDUCATIONAL ASSISTANCE

$5,250 a year which is not included in your gross income.

VirtualAssistant

Medical Plans• Major Medical – Your corporation can cover

100% of medical plans.

• Cafeteria Plan – Covers expenses like, Chiropractic, Massage, Acupuncture, Naturopathic, Child Care, Etc.

• Physical Fitness Facility On Site

Must Follow The Rule!

Client Gifts

Retirement

Fund your own tax-sheltered pension plan SEPor a 401(k) plan. Not only can you contribute but

your company can also contribute up to $40,000.

Your Car is A Goldmine!

Tax CreditTax Deduction

$7231 Average A Year

As Prescribed By Your Dr.

If your doctor says your health is in jeopardy then you may be able to write off the remedy

you choose to get healthy.

Deductionsas a W-2 Employee

=NOT MANY

Deductionsas a Business Owner

=TONS OF THEM!

BigBenefits

=BIG RESPONSIBILITY

TheBiggest Mistake

Corporate OwnersMake!

Failure To Document

BusinessDecisions

FormalDocumentation

proves that you and the company are separate.

Corporate Formalities

Documentation and procedures business entities are required by law, to maintain the

liability protection afforded to corporate owners.

I AM NOT THE CORPORATION:

THE CORPORATION IS NOT ME!

Exposed

• Audit• Lawsuit• Divorce• Partnership Break-up• Bankruptcy

Greatest Exposure

$1,000,000,000Targeted Toward Audits and Collections

Fox News, Feb. 17, 2012

Failure to Document

DISALLOWED

45%

Lawsuits In America

5% Of World’s Population

75% Of World’s Lawyers

94% Of World’s Lawsuits

U.S Legal System is the World’s Most Costly

“As the U.S. experience has shown, excessive litigation creates enormous costs for businesses, workers, consumers, and the overall economy.”

- Lisa A. Rickard, president of the Institute for Legal Reform

How To Acquire Wealth

1.) Win the lottery

2.) Win a lawsuit

3.) Inherit

“Nobody’s going to sue me”

57% of lawsuits are filed against businesses making a

million or less

"Piercing the corporate veil has become the most litigated issue in corporate law today. In

every case, the plaintiff’s intent is to acquire the personal and business assets of the company,

and at least half of them win.“

- Wake Forest Law Review

There are over100 Reasons

The courts will holdBusiness OwnersPersonally Liable.

Common Mistakes

Co-Mingling Funds

• Keep Personal and Corporate Funds Separate

• Document All Transactions Between Stockholders and Officers

Failure to Sign on Behalf of the Corporation

Always Use Your Title

By: Aaron Young, President

Common Mistakes

Failure to maintain minutes and resolutions

Common Mistakes

• A summary of a board meeting showing significant issues discussed.

• Minutes identify decisions made at a specific time and location.

• Essential tool in establishing legal separation between owner and company.

• Courts may request corporate minutes as evidence.• All 50 states require, by law, that minutes be

prepared and maintained in a written form. • The memory of the company.

Minutes

Resolutions

• A written document that describes an action taken by the board of directors or managers.

• A resolution is a permission slip from the Board to the President.

I AM NOT THE CORPORATION:

THE CORPORATION IS NOT ME!

256 Formal Documents

Are You In Compliance?

“If you've failed to keep proper corporate records and if you are ever sued - you have a 50-94% chance of losing your personal assets

in order to satisfy a judgment.”- Cornell Law Review

No Matter Where You Are Now It Is

All Fixable

Free Risk Assessment

Please Visit: CutYourRisk.net and complete the assessment

You Will Receive A Corporate Consultation Assessment