● Every aspect of it is lawful. It is guaranteed by the U.S. Constitution, Supreme Court and other court decisions.
● It is easy to establish, can be maintained by you and involves minimal paperwork. It greatly reduces or eliminates fees.
● It is lawful in every state. A Spendthrift Trust properly established in one state can operate in any other state.
● It is made irrevocable to avoid any questions as to ownership of the assets.
● It prevents any information about your assets, liabilities and heirs from becoming public.
● It can operate any lawful business anywhere in the world. It has limited liability and most of the advantages of a corporation with none of the disadvantages.
● It has no periodic reports or accounting to make to any state or government.
● It has the same constitutional rights as any individual, that is, the right to privacy, freedom from unwarrantedsearchand seizure, to refrain from self-incrimination and all other rights.
● When the Spendthrift Trust is used in a legal manner and under the provisions of the Spendthrift, it is totally impenetrable by creditors, agencies, governments and is immune from transfer by operation of law.
● Your personal bankruptcy has no effect on the Spendthrift Trust assets.
WHO CAN BENEFITS FROM A SPENDTHRIFT TRUST?
EVERYONE!!!
PROFESSIONALS – DOCTORS, DENTISTS, CHIROPRACTORS, ENGINEERS, ETC.
Reduce or eliminate the need for liability insurance
Render yourself virtually judgment-proof
Potentially controls your taxes
Maintain privacy
RETIRED PERSONS
Potentially reduce income taxes
Maintain privacy
INVESTORS
Protect your investments from a financial reversal
FOREIGNERS
Maintain privacy while enjoying the benefits of controlling Real Estate in the United States