Do you offer an Asset Protection Trust?

• Yes, this entity can be created with the assistance of an affiliate.
• An Asset Protection Trust is usually synonymous with an Irrevocable Trust or a Foreign Irrevocable Trust. This entity provides asset protection but generally requires that the Trustee position (the controller of the Trust) be given to a 3rd party, like a bank and Trust company or a specialized law firm.
• An Irrevocable Trust is a specialized entity that should be used in specific situations as a Holding Company. The high cost of formation (5 digits) and the cost of maintenance (usually paid as a percentage of the Irrevocable Trust to the Trustee) makes it cost-prohibitive for many clients.