Monday, July 23, 2007

Results of Very Non-Scientific Poll

Several weeks ago I sent out an email regarding a case where potential clients had decided it was just easier to pay over 900K in taxes than worry about executing a tax saving strategy.

I asked my readers for any responses as to whether or not there was a certain amount of money one had to have in order to not make an effort to protect close to one million dollars.

I was actually hoping someone might reply in the affirmative and tell me why they felt that way. 100% of the responses I received all stated that no matter how much money they already had, it was worth it to them to hold onto as much of that 900K+ as they could.

After reviewing all the email replies, I realized I was hearing only from a very select savvy group. After all, those who read my emails and educate themselves on protecting their assets are the ones motivated enough to send in a reply.

I doubt anyone not worried about a mere 900K going to the tax man is even on any of my email message lists. I'm also thinking anyone on the fence probably isn't going to speak up and write to tell me they have more money than they know what to do with.

So, my poll really wasn't unbiased afterall. Thank you to all who took the time to send a comment. I hope to be able to assist you in the future keep as much of your asset as possible when it's time to sell.

You are the ones learning how to protect what it's taken so long to build and I'm with you all the way!

Paula Straub

Fill out a Qualification Questionnaire and see if you qualify to hang onto your capital gains.