It is not necessary for a contract to be supported by a monetary consideration.Su,Your decision should be easy.

The LO and the Lender certainly care to some extent, but it is rooted in the monetary nature as to the level of care, which is simply how the world works.

While I didn't need to spend the time and money to get the determination letter, I sleep better at night knowing that I don't have to worry about the IRS coming after me at some point in the future because my plan administrator might have screwed up (accidentally or purposefully).Here is the current recap from the IRS on ROBS transactions:http://www.irs.gov/Retirement-Plans/Employee-Plans...Here are a couple noteworthy (in my opinion) parts:Regarding the use of ROBS by business owners:  "Overall, the research we conducted and the responses we received to the compliance checks indicated that while some of the ROBS were successful, many of the companies in the sample had gone out of business within the first 3 years of operation, experiencing significant monetary loss, bankruptcy, personal and business liens, or had their corporate status dissolved by the Secretary of State (voluntarily or involuntarily).

Are you completely removed from the day to day decisions and just treating it as a monetary investment?

The return to your cousin does not have to be monetary.

I would set personal monetary goals like live at home and save 75% of what you make.

I'm going to do great for my true enjoyment of this, not only because of the monetary possibilities.

So for instance, the person who brings in the most money has the largest share of the company since he has a monetary loss that could occur.You will define all of this inside your company's operating agreement.

He teaches a class called Financial Freedom and it is in my top 5 must attend classes for anybody who ever relies on a monetary system.

The reason why I ask is if you gain some monetary benefits from it, you could contact website owner/webmasters and offer to split profits with them to put your tool on their site.You can also submit your tool to many software download sites.