In Virginia and all the other states in the US, people make money in various ways. Some have invested wisely, some own real estate, others have successful businesses. Yes, there are many ways to acquire wealth in the United States. Fortunately, there are also a number of ways to protect your wealth. What’s unfortunate, however, is that many people don’t realize the importance of protection until it’s too late. Someone has sued them, or they’ve gotten outrageously taxed – they don’t realize they need a protection plan in place.
We, at Protect Wealth Academy, want to provide those interested in protecting their finances with the education and information they need. With a plan in place, you can better guard your property (real estate), financials (cash), business, your family’s future, and more.
Here’s some tax/financial information regarding Virginia that may interest you:
- Virginia income tax rates can range from 2% to 5.75%
- The Homestead exemption in Virginia is $5000.
- Capital gains tax rate in Virginia is 5.75%.
- Virginia’s safe vehicle exemption amount is $6000.
- Both Roth IRA creditor protection and traditional IRA creditor protection are in place in Virginia.
- In Virginia, for those 65 and older, the Homestead exemption amount is $10,000.
Asset Protection and Wealth Creation Services for Virgina
It can seem for some individuals, that as soon as they are doing well, their business is thriving, they’ve made some decent money from investments, acquired extremely lucrative real estate, someone tries to throw a wrench in the works. Frequently, this can be in the form of a frivolous lawsuit. Whether you did anything wrong or not doesn’t seem to matter. You’ve worked hard for your money. It’s crucial that you protect your finances, your business, your assets, and your family’s future by having the kind of education and information you need. A plan must be in place to guard you in case of a potential financial disaster. We, at Protect Wealth Academy, can help.
Learn from America’s Greatest Attorneys & Trainers for Virgina
Safeguard your personal property, cash, bonds, stocks, real estate, and other assets against creditors and/or potential litigants to the best of your ability. How? With the information and education you can receive from our team.
Our team of attorneys, advisors, and general experts in their fields have received numerous accolades. Here is a brief sample of what some of our team members are noted for:
- Tax strategist
- Real estate investment
- Market training/trading
- Asset protection
- Retirement investing (IRAs, 401(k)s, etc.)
- Tax reduction
- Tax planning business founder
- … and more
Each team member is highly knowledgeable in their chosen field and all are proficient educators.
Why Choose Protect Wealth Academy?
As a savvy Virginia investor or businessperson, you’re likely interested in one or more of the following: real estate training, stock market training, income tax reduction, self-directed IRAs, bookkeeping, estate planning and/or asset protection. The Protect Wealth Academy team we just mentioned can provide the information you need.
If you’d like to create consistent positive income streams, significantly lower your income taxes, get safe, double-digit returns, and more, we can provide valuable assistance.
Contact us today if you have any questions about our wealth and asset protection training services in Virginia.