Trusts are no longer the sole territory of the rich. Recent tax law changes, evolving legal paradigms, and technology advancements have made estate planning with trusts the norm for the average family.

Examples:

  • A Medicaid qualifying trust can help protect the home of a senior from seizure by the state when they can no longer afford to pay for long-term care

  • A trust-controlled stretch provision can help spread the beneficiary payout terms of your IRA and/or 401k plans over many years, thus avoiding a lump sum payout that is highly taxed or being split with a former spouse in the case of a divorce

  • A special needs family member may have their SSI disability payments put at risk if they received a lump sum payout rather than having it allocated to a Special Needs Trust

Our revocable living trust product offering will help keep all assets in your name, under your control and freely available to be changed at any time by you online.

Our revolutionary online Funding Kit will help avoid the tedious and time-consuming procedures of having to retitle of your assets to your trust for trust-funding purposes. We handle all this with our live, close support Client Management Service (CMS) team.

Most Important – the REAL question is NOT how much money you have but WHAT you want to do with it! We once did a trust for a parent whose modest estate consisted of a $38,000 mutual fund. His reason – he thought his family would argue over his assets. He was right, they did — but he had a trust in place and the assets went exactly where he wanted them to go! Additionally, with a trust they are kept private unlike with a Last Will & Testament.

The online platforms are very simple estate documents that demand the use of a lawyer to create any variation. They do not offer the depth of customization or knowledgeable client management service support that we do. Most of the items that are most often requested by our clients are not available on those platforms (Generation holding trusts, Medicaid Qualifying Trusts, 401K stretch trusts, Asset funding kit, etc.) without significant additional legal fees. The biggest service DIFFERENCE is that we have pre-negotiated trust company fees to dramatically lower your estate’s cost at settlement and its ongoing administrative fees which are documented up front!

  1. You have a secure password for your documents and you are notified every time you access these documents to assure that that access is authorized

  2. Our data is stored at DocuBank, where over 1,000 law firms store their data

We offer the ability for you to restate your trust, keeping its original date of origination but enabling you to use our platform for online updating and adding new sub-trust features.

Our primary trust is a Revocable Living Trust, it uses a funding ledger to identify and transition title of your assets to your trust which is created by you, you are the named trustee while alive, and you are the beneficiary while alive - so you are in total control. This makes trust funding very simple to use and update as life changes. If you have payable on death assets (Qualified plans, Annuities, Retirement plans or insurance) they need to have the plan or policy administrator retitle those assets to the trust. We provide a form letter to the administrator to retitle these assets.

Yes.

We offer a default situs (location of trust establishment) for Nevada or South Dakota the lowest tax environment and most friendly trust judicial venue for all our clients if they wish to take advantage of our Nevada or South Dakota corporate trustee services and Nevada or South Dakota lawyer in the trust package. There is now a Uniform Trust Code that assures that the basics of our system are in alignment with all 50 states. We also offer a word document version of our documents if local state lawyers determine they need to make changes in the Will or POA documents that have variation by state.

“I do not want to have my assets outside of my control until after I die.”

“I do not want my children’s spouses or ex-spouses to have access to my assets; I want only my blood line descendants to have access.”

“I want to protect my business and legacy from lawsuits.”

“I do not want my IRA or 401K to pay out a lump sum to my heirs.”

“I do not have long term care insurance and with costs over $100,000 per year I understand Medicaid can take my home when I run out of cash.”

“I am concerned that my kids or grandkids may succumb to addictive behavior after my passing.”

“I have accumulated millions in my lifetime and I want them to be distributed as a legacy for many generations.”

“I have a child who will need support for the rest of their life.”

“I want my children and grandchildren to know my reasoning for creating the trust, how I earned this legacy, and the values important to me.”

“When I die my spouse may get remarried, and I want to make sure their new spouse doesn’t spend down the legacy I created for my kids.”

“What happens if there is a family emergency that is beyond what the annual trust payment might be?”

“I am living in a high tax state and want to maximize my SALT deductions.”

“I am concerned that my estate is beyond the federal minimum estate tax of $11 million for a single person.”

“South Dakota and Nevada, I understand are favorable trust states.”

“Why would I want a corporate trustee rather than my brother-in-law?”

“I trust my investment advisor; can they continue to support my family through the trust?”

"I want to make sure my CPA has oversight of the trust company and trust investment advisor.”

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15400 Pearl Road, Suite 200 | Strongsville, OH 44136 | 888-544-2619

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