Stop Overpaying Your Taxes(1st Edition)
Authors:
Dohn Thornton, Jinean Florom, Mark Julian
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ISBN: 979-8853153127
Book publisher: Independently published
Stop Overpaying Your Taxes 1st Edition Summary: What is a Spendthrift Trust? In its simplest terms, it's a contract. The benefits of the Trust are designed to grow assets for the Trust's Beneficiaries.Trusts have been used for centuries, in one form or another, to build and protect a family's wealth for generations. The most famous family in our country and its Trust is the Rockefellers.There are two main types of Trusts in the United States — Statutory Law Trusts & Contract Law Trusts. The majority of the Trusts in this country are Statutory Law Trusts. If you go to an attorney and say you are interested in getting a Trust, there is a 99.999% chance the attorney will recommend a statutory law Trust.This book will introduce and educate you on the benefits of the Non-grantor, Irrevocable, Complex, Discretionary, Spendthrift Trust.
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