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27

Dec

Cash Gifting FAQ

Posted by randy  Published in How To Achieve Optimal Wealth
Frequently Asked Questions

What exactly is cash gifting?

Private cash gifting is a concept embraced by private groups of individuals and has been in existence for many years. Our private activity does not involve network marketing, multi-level marketing, or a business or commercial activity. There are no business transactions, investments and/or securities involved in this activity.

The concept of private gifting is based upon the fact that both American and Canadian citizens as well as other countries, have the Constitutional right to gift property, cash and other assets, and are subject to the rules and regulations established by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.

The law states that one or more individuals can give a gift to another individual of up to $12,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. These gifts are not included in the gross income of the recipient.

Is it legal?

Absolutely. Churches, civic groups and people from around the world have participated in organized gifting for over 300 years. Laws state that it is legal for individuals to exchange gifts. In the United States we have the Preamble, the Constitution and the Bill of Rights to protect a private citizen’s rights to earn, pay taxes and give away property and cash as long as it is done according to the laws and codes of this country.

Click here for more details regarding the legality of cash gifting.

There are many people doing cash gifting, why should I join your team?

In all honesty, you should join our team because we mean it when we say we want to see you succeed. Not only that, we are members of the first no 1 up cash gifting club that is modeled directly after the law of giving and receiving. In other words, there is absolutely no pass ups whatsoever.

This means, once you join and become a member by registering through a REAL registration system, pledge your desired gift and pay your tracking and hosting system fee, you’re INSTANTLY in a receiving position. That’s right, NO MORE 1UPS.

Why would ANYONE want to join a no up cash gifting program?

Great question.

People make a wise decision to join a no 1 up cash gifting program for two major reasons.

#1 – There is absolutely no qualification process so new participants NEVER have to pass anyone or any cash up to their inviters.

#2 – Bottom line, this private, no up cash gifting program is so easy to introduce to people because EVERYONE can see the value in not ever having to pass 1 up.

The no 1 up cash gifting concept is so powerful, even people participating in a 1 up program offer it to entice new members to join their program. GO FIGURE!

Is this a pyramid?

Not at all! A pyramid is associated with an investment scheme, a company or a business. We are not a company, just a private sharing club. We have zero sales quotas, we do not sell positions and we do not have an ever-widening base to the structure, which just keeps going and going.

A pyramid never allows anyone coming in on the bottom to ever reach the top. Everyone gives the same gifts, works together in a team and receives the same gift. In a pyramid, only those at the top profit while those at the bottom never reach the top. In a pyramid, people can and have lost their money.

A pyramid is also not to be confused with Network Marketing. Although Network Marketing is a legal and viable source of income, when was the last time you, or anyone you know able to start at the bottom of the company and reach the top position? NEVER! We are neither a networking company nor a pyramid scheme.

How did this concept begin?

Giving private gifts to one another is an expression of kindness, which has been going on for centuries. Very much like the traditional Barn Raising where an entire town would come together to help a family in need.

The combined charity and synergy of people helping each other can create miracles! Governments have allowed its practice for individuals to share their wealth with families, friends and others. It has been a means of helping and blessing others on special occasions or when the need arises.

Many cultures gift as a matter of course. Asian, Jewish and South American communities gift individuals within their culture on a regular basis so that they may start a business or buy a home. They in turn gift someone else to help enhance their lives. Habitat for Humanity is a great example of private gifting. Everyone participates with their time, their talents and materials to build a home for someone else.

Some participate with a hammer, some with nails, some with food and others with the monetary gifts to purchase the supplies, but all create a team that works together to bless someone’s life. Ever see “Extreme Makeover?”

How does this no 1 up cash gifting work?

This no 1 up cash gifting activity is offered only by means of an exclusive one-to-one invitation. When someone accepts the invitation, they move through a natural progression from the giving to the receiving stage of the activity. In this activity, there is no fixed hierarchy of individuals who have an advantageous position or unfair advantage over new participants. Nor are new participants required to pass up anyone or anything.

Once you have pledged your gift, you are instantly in a position to receive.

I’m broke. How can I give someone a Gift?

Napoleon Hill in his famous book Think and Grow Rich said a BIG secret to wealth was OPM! Using other people’s money! How bad do you want success!?
Click here for some great ideas!

CLICK THE LINKS FOR INFO

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