Properly constructed trusts with a spendthrift provision provide the ultimate form of protection against lawsuits, creditors, liens, and judgments that may happen. Western society is litigious making the risk of being sued high.

Placing your assets into a trust takes risk off the table, protecting your hard work and your family's wellbeing. If you make a mistake in business, get sued frivolously, or experience a serious accident resulting in a potential lawsuit your assets will be safe. Whatever situation may come you can have the confidence and peace of mind knowing your assets and legacy are secure.

Once your Estate Trust is set up and your assets are transferred into the trust you will no longer hold property and investments in your name. Or if you choose, you can hold certain assets, or items in your personal name and decide what other things you want to be held in the Trust.

This ability to choose increases your privacy and is a significant benefit to the safety and well being of your family. Identity theft, money scams, stalking, corporate espionage, and a variety of other risks are real concerns for a lot of people today. Creating an added layer of privacy and safety for your life and business affairs is a major benefit accomplished with our trust strategy.

Unlike other similar tax deferral strategies such as Roth IRAs and 1031 real-estate exchanges that have limited benefits, this trust strategy offers business owners and investors the maximum flexibility in terms of investment options, capital mobility, and timing.

These three strengths give a definite competitive advantage in today’s market, helping people de-risk their investments and improve their ability to make wealth.

When you begin the Sovereign Trust journey, you will naturally go through a succession planning process. Setting up a Sovereign Estate Trust prompts the questions of “what to do when” or “ how do I handle "X?”.

When we implement your Estate Trust we will answer these questions together and put a plan into action to care for your future, and the wellbeing of your family and loved ones. We find clients achieve real satisfaction in planning for their future, setting up their estate for wealth transfers, and creating protection from unforeseen events. 

The Sovereign Estate trust offers the maximum advantages in terms of tax savings, derived from its ability to defer taxes on passive income.

When income is held in “The Trust” otherwise known as “ The Corpus of the Trust” it can be continually reinvested, untaxed, compounding the growth of your wealth significantly faster, and with far less risk.

The Estate trust gives Trustees the ability to almost entirely provide for the well-being of beneficiaries through the trust. There are only a small number of expenses that are not permitted.

Essentially, the trust can pay for the beneficiary's housing, education, health care, and a variety of daily needs and living expenses directly from the trust. When you have a discovery call we can talk about all these advantages in great detail, and explain to you how it works.

• Trusts are used to transfer and manage property or assets.
• Trusts are independent legal entities created through a contract.
• A Trust is an entity that empowers trustees of the trust to have and hold all control over that property or assets, without owning them.
• Trustees have legal title and control, but do not own or have a beneficial interest in trust property.
• The terms and conditions of the trust, as defined in the trust agreement, strictly determine the form of the trust used and the needs of the people it is created to serve.

To establish a trust, consideration (money typically) is transferred from a settlor into a trust account, to be managed by another person (known as the trustee) with the understanding that the trust (controlled and directed by the trustee) will hold the property and assets or use them in a way that is directed or established as laid out in the terms and conditions of the trust, for the benefit of the beneficiaries.

The beneficiary is the individual, entity, or organization who is entitled to the beneficial interest, or equitable interest in the trust estate. The beneficiaries rights are also determined by the terms and conditions of the trust agreement.

(1) Trustee: Holds and manages the trust, acting for beneficiaries per the trust terms. If unable, a successor takes over. Trustees can be individuals or entities.

(2) Settlor: Also referred to as the Creator, Trustor, or Settlor. The Settlor, initiates a trust for beneficiaries. They fund the trust initially but cannot be the trustee or beneficiary. Post-establishment, trustees add assets to the trust for beneficiaries.

(3) Beneficiaries: Benefits from the trust without management rights or access to trust records. They hold a beneficial interest, not equitable title, in trust assets.

(4) Compliance Officer: Ensures the trustee's good faith and compliance with trust terms and laws, potentially acting as a trustee or altering trustee appointments.

The Sovereign Estate Trust is legally known as a: Irrevocable, Non-Grantor, Complex Trust, with a Spendthrift provision.

No they are not. They can vary significantly, and are not easily compared without reading the actual trust agreement (the document that defines the terms and conditions of each specific trust).

No they are not. They can also vary significantly, and are not easily understood without reading the actual trust agreement (the document that defines the terms and conditions for each specific trust).

An “Irrevocable trust” simply means any trust where the grantor (or settlor) cannot change or end the trust after its creation.

A spendthrift trust is a type of trust that has a specific “spendthrift” provision in the trust agreement that explicitly limits the beneficiary's access to assets. Therefore, a spendthrift trust is a trust that is created for the benefit of a person that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary.