How will the upcoming election affect our customers?

election

It is an election year. This brings for many, including myself, an air of uncertainty. Which Party will control the White House and what does that mean to me? One of my main concerns is the tax implications of a Democratic White House. The experts seem to agree that we are in for higher taxes if the Democrats win. For our customers it means less net dollars in your check in the coming years. It also means you will pay higher taxes on any lump sum transaction you may be considering in 2009. This creates some urgency to consider these possibilities and plan accordingly.

If you count on a particular amount in your regular checks you should begin planning for the possibility of less. You may also want to consider doing a lump sum transaction before the election as opposed to waiting until next year. A transaction this year could mean you will receive much more than in future years.

This sort of foresight and planning can amount to tens of thousands of dollars to you in the future. Do not become a victim of political circumstance. Take charge of your situation and prepare. Too often I am approached by customers who are forced to make fast and or forced decisions when circumstances arise that cause financial strain. Yes these can be unforeseen, but in my experience, most can be avoided with a little planning. Decisions that are forced are often expensive. Take this opportunity to get answers and know your options before the powers that be force a decision on you.

Oh, and maybe you will consider voting and have things turn out your way in the first place.

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Celebrating our 15th year in business.

Welcome to my Blog! I am new at this whole blogging thing, so over the coming months I would appreciate any feedback you may have to offer about the subject matter or my company.

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This year we are celebrating our 15th year in business. I can say that I am grateful to have been in a business that has given me the opportunity to share in the financial success of so many for so long. When we entered into the business of providing lump sum cash alternatives to lottery winners and structured settlement holders, we had no idea that an entire industry would grow around us. We only knew that lottery winners and settlement holders were asking us for an alternative to waiting for their spread out payment streams. They wanted to do more in their lives. We found a way. Since then we have helped thousands of our customers gain control of their money and their lives.

Recently I was asked why what we do here is important. I answered simply that we provide a means to an opportunity our customers would not have access to otherwise. It has often perplexed me that our customers are not given free access to their money. And I often hope that some time soon the powers that be would see the error in their ways and give our customers that access. That, of course, would put us out of business. So be it. Yet here we are 15 years later going strong. Perhaps one day in the future things will change and everyone will have the absolute freedom to do as they please with their money and assets. Government and insurance companies will stay out of the business of those they serve.

Until then, to our past customers I would like to say thank you for so many years of success stories. To our future customers, rest assured we will always be here to assist you if you need us.

Have a healthy and prosperous 2008.

Thomas Balletta
Prosperity Partners

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