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UFB Newsletter Issue #071 Illegal Aliens
August 30, 2007

The Key To Family Business Success
ISSN 15465640

Understanding Family Business brings you articles and tips from Family Business Experts who understand family values and business systems.

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Understanding Family Business

August 30, 2007 Issue #071

Illegal aliens

On the macro level, every American is being impacted by the immigration problem. As citizens, we are all being held hostage by politics and politicians who will not act to secure our borders, will not enforce the immigration laws already on the books, and will not stop the financial attack on our economic system (medical, welfare, etc) caused by illegal aliens.

The influx of illegal aliens has overwhelmed our law enforcement system - further stressing already over-stretched resources. The statistics regarding crimes committed by illegal aliens are appalling - and nothing is being done to change the status quo. provides some information...

Number of Illegal Aliens in the Country 21,068,096

Money Wired to Mexico City since January, 2006 $36.7 billion

Cost of Social Security Services for Illegal Aliens since 1996 $397.5 billion

Number of Children of Illegal Aliens in Public Schools 4.1 million

Cost of Illegal Aliens in K-12 Since 1996: $ 14.5 billion

Number of Illegal Aliens Incarcerated 344,314

Cost of Incarcerations Since 2001 $ 1.5 billion

Number of Illegal Alien Fugitives 655,821

Skilled Jobs Taken by Illegal Aliens 10.1 million

On the micro-level, here is an incident that can be a lesson for all of us.

A friend has a son in the Navy who was being deployed to the Gulf. He sold his car to an illegal alien. He was paid in cash and he signed over the title of the car. The seller did not get a signed bill of sale for the transaction.

Here is what happened. The buyer did not register the transaction. Three months later he was involved in an accident that caused over $7,000 damage. The buyer has now "disappeared" and the lawyers/collection people are coming after the "owner" of record to recover the damages. The family has had to incur the cost to engage an attorney and are not sure of the outcome.

Lesson here - if you or someone you know is selling a vehicle, make sure seller and buyer each sign a "bill of sale" that includes all of the pertinent information including date, description of the vehicle, VIN number, mileage, price, drivers license number and other contact information.

Hope this "heads up" helps to save you or someone you know some money and aggravation.


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Family eBusiness

Retirement and Passion...

No!! We're not resorting to supermarket tabloid tactics and sleazy headlines to titillate you!

Yes, we could have logically put this topic in the Family Business section of the newsletter... our article on Succession Planning Obstacles shows how succession planning can't move ahead unless the retiring parent's financial needs and interests are provided for.

So, how does that succession planning obstacle tie in with family ebusiness?


After financial security, retirement is about pursuing... interests, passions, things that have been left on the sidelines while the family and family business were the prime focus.

Exploring interests, writing about them, sharing them with others... even making money from them!... A web site these days, perhaps even a web business...

Watch this short video and see how one retiree combines SBI and his passion about amateur radio.

That's it for this issue. If you have any comments, or if there are any topics you'd like to see covered, please let us know.

Comments, requested topics, blog messages...!

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