There are a large number of illegal tax avoidance schemes in existence today. They are typically promoted with the promise of reducing or eliminating income and other types of taxes. It's important to avoid them, while ensuring your assets are secured by an effective, yet legal asset protection tool.
The Spendthrift Trust was originally designed to protect the family fortune from the reckless spending of an irresponsible Beneficiary. Today, it is used as an effective estate/financial planning tools that offers protection from lawsuits, creditors, divorce, and/or probate. What makes it unique are the provisions that work together to ensure the utmost levels of privacy, protection, and reduction of taxes: Spendthrift, Non-Grantor, Irrevocable, Complex, and Discretionary. Using this structure, Trustees can ensure proper guidelines and to prevent penetration of the corpus, ensure assets are not handled irresponsibly, and make complex financial decisions for the Trust, including the distribution of funds to or on behalf of beneficiaries but not directly to their creditors. The Spendthrift Trust is a legal, financial strategy with provisions that protect the wealth of families for generations to come.
BENEFITS
Provides a SHIELD against personal liability through protection from lawsuits, creditors, and against loss of real property to eminent domain and ensures SECRACY - as the Trust is a private entity with a confidential record-keeping system. Enhances SAVINGS by bypassing the probate process and eliminating associated fees and inheritance taxes, eliminating capital gains taxation, and deferring tax on extraordinary/stock dividends.
April 2024
31
1
2
6pm TRUSTUP: PRESENTATION
3
4
6pm TRUSTUP: Advanced Training
5
12pm TRUSTUP: Trustee Orientation
6
7
8
9
6pm TRUSTUP: PRESENTATION
10
11
12
12pm TRUSTUP: Trustee Orientation
13
14
15
16
6pm TRUSTUP: PRESENTATION
17
18
6pm TRUSTUP: Advanced Training
19
12pm TRUSTUP: Trustee Orientation
20
21
22
23
6pm TRUSTUP: PRESENTATION
24
25
26
12pm TRUSTUP: Trustee Orientation
27
28
29
30
6pm TRUSTUP: PRESENTATION
1
2
6pm TRUSTUP: Advanced Training
3
12pm TRUSTUP: Trustee Orientation
4
TrustUp will make licensed attorneys and IRS Enrolled Agents available who are the only licensed professionals authorized to provide legal or tax information specific to its unique, copyrighted, specialized financial/legal instruments. TrustUp is a servicing firm, not a law firm or tax firm. TrustUp's sites and services do not create or imply an attorney-client relationship. Your use of its sites, services, other resources and information are not intended and should not be taken for your personal use. The law varies from jurisdiction to jurisdiction and is subject to interpretation dependent on each set of facts and each court’s interpretation of law. The law is specific to the subject matter of concern, and no general information or legal instrument is guaranteed to fit every circumstance. Furthermore, the information contained on this site or in connection with our services may apply differently for individuals based on their specific circumstances. The information posted here or presented by an associate is for general informational purpose only. TrustUp does not intend for you to solely rely upon the information on its sites. All liability with respect to actions taken or not taken, based on the contents of this site, are hereby expressly disclaimed. The content on this posting is provided “as is;” no representations are made that the content is error-free.