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Benefits and Drawbacks of a (U.B.O.T.)

By   /  Tue 18 Dhul Qidah 1439AH 31-7-2018AD  /  Building Wealth 101  /  No Comments

The benefits of a U.B.O.T. are: Privacy Limited Liability Not subject to probate No state or inheritance taxes Minimize and/or avoid income taxes Maximize depreciation  Reduce capital gains tax Separate investment program The drawbacks of a U.B.O.T. are: The drawbacks of a UBOT are when you create a revocable trust which subjects the trust to […]

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Unicorporated Business Trust (U.B.O.T)

By   /  Tue 18 Dhul Qidah 1439AH 31-7-2018AD  /  Building Wealth 101, Law  /  No Comments

What is an Unincorporated Business Trust? And what are its advantages? UBOT is: An organization created and managed by “trustees” for the benefit and profit of Beneficiaries who hold or may acquire transferable trust certificates. Trust certificates provide individual holders evidence of interest in the Trust estate (asset/income). A power entity by which individuals may […]

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Iron Chancellor of Morocco

By   /  Tue 18 Dhul Qidah 1439AH 31-7-2018AD  /  Her-story/History  /  No Comments

Si Ahmed Ben Musa, better known as Bu-Ahmed, was the last great ruler of Morocco. Seizing power, he kept off for twenty years the wolves of Christendom who were baying at the flanks of the dying Moorish Empire.    Bu-Ahmed was a slave, a Negro almost unmixed, born in the palace of the sultans. He […]

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Oral Statement # 138

By   /  Tue 18 Dhul Qidah 1439AH 31-7-2018AD  /  Daily Affirmation's  /  No Comments

“Atlantis is going to rise again.”                                                          Noble Drew Ali

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