Specialized Beneficial Spendthrift Trust

Foundation in Established Law: Created in alignment with the principles of Scott on Trusts and the Restatement of Trusts, ensuring legal robustness.

IRS Compliance: Structured to comply with specific sections of the Internal Revenue Code, catering to tax efficiency and compliance.

Beneficiary Provision: Designed to adequately provide for beneficiaries while maintaining trustee control over the trust corpus and assets.

Asset Protection: Offers strong asset protection through complete ownership transfer to the trust, the involvement of a third-party grantor, and the integration of discretionary and Spendthrift provisions.

Tax Efficiency on Capital Gains and Income: Avoids capital gains tax on capital assets and passive income by empowering the trustee to withhold distributions during the taxable year.

Innovative Tax Avoidance on Property Sales: Utilizes a debt demand note issued to the seller of property, allowing the seller to sell at cost basis and receive non-taxable capital returns.

Strategic Ownership Control: Ensures the trustee has full control over trust assets, aligning with the trust’s core objectives and beneficiary interests.

Flexibility in Administration: Allows for changes in the trust’s administrative situs, potentially reducing tax liabilities and adapting to changing circumstances.