UltraTrust Irrevocable Trust Asset Protection

Tax

Financial Planning, Tax

Defer Capital Gains Tax

  Defer Your Capital Gains Tax on Any Highly Appreciated Asset(s)   Capital gains taxes on highly appreciated assets may be postponed up to 30 years based on the life expectation of the seller. Earnings from re-investments may also be tax-deferred. Minimum requirement: US$500,000 short term gain, US$1million long term capital gain.   Qualifying appreciated assets include the sale of your real estate, the sale of your business, your stocks, bonds, collectibles, art work, antiques, boats, planes, ANY HIGHLY APPRECIATED ASSET(S), a note receivable that is at least 2 years old, your lottery winning, etc.   The transaction is engineered and implemented by a domestic VERTEX TRUST® customized to fit your financial goals.   Generally, the asset(s) are transferred to your domestic VERTEX TRUST® at fair market value, custom financially engineered in accordance with your mortality tables and your financial goals. Your domestic VERTEX TRUST® will postpone taxes up to 20 years, 30 years if your transaction is taken internationally.   Under certain implemented financial conditions, your heirs may get your money “potentially tax-deferred” i.e. you die earlier than your expected mortality tables.   “Knowledge” is our most important “product.”   This financial platform is complex. One size does not fit all.   It requires careful drafting, attention, and competent professional implementation.   It’s a legitimate, logical, and suitable method of tax deferral.   To see if you qualify, contact us directly. Ultimately, these financial transactions are complex to explain, not done over the internet, telephone, fax, Email, or snail-mail.   There are two bridges. The first is easier to cross, you merely pay the toll. The other is “tax-deferred ” but you have to drive an extra mile in order to cross.   The tragedy of life is that so few people know that the “tax-deferred bridge” even exists.   You’re “thinking outside the box.”

Tax

Defer Income Taxes: Deferred Compensation Planning

  Defer Income Taxes and other “Earned Income Streams      Watch the video on Defer Income Taxes: Deferred Compensation Planning   Like this video? Subscribe to our channel.   Originally engineered for “Nat King Cole.” Mr. Cole said to the IRS, “it’s extremely unfair that you take 84% of my money.” (70% Federal, 14% California piggy-back)   Affluent brokers, investors, entertainers, personalities, physicians, entrepreneurs, industrialists, key employees, senior executives…Deferred Compensation Planning is under the jurisdiction of an International Tax Treaty. The only thing higher than an International Tax Treaty, is the Constitution of the United States.   This deferred compensation planning is strictly for U.S. Citizens who spend less money than they make. It’s extremely attractive to affluent brokers, investors, entertainers, personalities, physicians, entrepreneurs, industrialists, key employees, senior executives, …any highly compensated individuals or with commercial rights to income streams such as patents, royalties, rents, day trading, etc. any income stream.   The downside is that, you must have surplus income, greater than US$150,000 over your living expenses.   The objective is to defer Income Taxes on your “earned excess cash” over your requirements to live on. This planning when properly implemented by a qualified competent professional, will reduce your tax burden from 50% down to less than 10%. Once implemented, your plan will be able to utilize it’s strategic tax treaty position to achieve certain other financial goals, all under the (legal) jurisdiction of the International Tax Treaty.   This Deferred Compensation Planning may be equated to your self directed IRA (Individual Retirement Account) or Self Employment Plan (SEP) or (KEOGH):   Contributions are Tax-Deferred (postponed) Investment earnings are Tax-Deferred (postponed) Withdrawals are Taxable There are NO legal requirements for withdrawals thus, deferred The objective of your Foreign Deferred Compensation Program is to defer Income Taxes on your “earned excess cash” over your requirements to live on.Depending on your life expectancy tables supplied by the IRS and your financial goals, this money may be Tax-Deferred over your life-time. If your “Income-Stream” qualifies, contact us directly. It requires careful drafting, attention and professional implementation. It’s a legitimate, logical, and suitable method of tax deferral. Ultimately, these transactions are complex – one size does not fit all, not done over the internet, telephone, fax, Email, or snail-mail.

Estate Planning, Tax

What’s an Estate Tax?

A simple will, just isn’t enough!   Your government wants two-thirds (2/3). Rocco Beatrice   You will need more estate planning under the new 2001 Tax Act. The dreaded phase-ins have created a double layer of laws affecting (1) estate taxes and (2) gift taxes all which will be repealed.   Estate Taxes is the only voluntary tax in the Internal Revenue Code.   You can avoid estate taxes with an irrevocable trust.   A will does not avoid estate taxes.   PLANNING FOR YOUR ESTATE   If you don’t “own” any assets in your name, you don’t qualify for the Probate Process and you don’t qualify to pay Estate Taxes.   What’s an Estate?   ESTATE…is about “what’s it worth?” The Fair Cash Value of anything (in your name) on the date of your death.   ESTATE TAX Anything in your estate (in your name) is taxable up to 55% for 2001 and slightly reduced thereafter under the new law. Anything NOT in your name, is NOT taxable.   PROBATE… is about “who get’s what?” Anything in your Trust, avoids probate. Anything NOT in your Trust, goes to probate , with or without a will.   TRUST An “artificial legal person” created by private contract, under contract law..   WILL A listing of your wishes to be executed on the date of your death. A will is NOT a substitute for a trust. A will does NOT avoid probate.

Estate Planning, Tax

What’s Probate? Avoid Probate & Estate Taxes with Trust

What’s Probate?    Watch the video on What’s Probate? Avoid Probate & Estate Taxes with Trust Like this video? Subscribe to our channel.   “The Probate Process is a RE-DISTRIBUTION of Your Wealth by the Judicial System”   Each of the 50 state courts have judicial probate procedures to ascertain that your wealth is RE-DISTRIBUTED according to your will, or … if without a will, the court will decide who will receive your wealth.   The Probate Process (RE-DISTRIBUTION of your wealth) begins after your death. Everything you “own” in your name on the date of your death is inventoried, appraised, categorized, and accounted. First, the courts will investigate and validate your will to make sure there’s no foul play. Next, all claims are investigated and validated. Next, creditors and taxes are paid then the heirs get what’s left.   The Probate Process is a Public Procedure/Public Information is available to anyone wishing to know the details of your will and assets. Your Will is a Public Record. All creditors, long lost relatives, or anyone can file a claim against the decedent’s assets. The courts will then have to investigate and validate all claims against the estate. The process takes time, it’s expensive, and totally unnecessary. Courts fees for adminstration, accountants, appraisers, lawyers, and other administrators all earn a fee. The government is the largest heir, they get paid before any final distribution to the heirs. With or without a will, everything in your name will have to go to probate.   With The ULTRA TRUST® you don’t qualify for the Probate Process because you don’t “own” anything in your name on the date of your death.   Lawyers, appraisers, accountants, court administrators, etc. will not be able to earn a fee. And, because you died without any assets, you don’t qualify to file or to pay estate taxes.   You can avoid probate with any trust but you can only avoid estate taxes with The ULTRA TRUST®. For additional resources click here:   What’s an estate tax? Estate Planning & Trusts Estate Planning & Trust Services About Probate:   PROBATE…is about redistribution of your wealth . Anything in your Trust, avoids probate. Anything NOT in your trust, goes to probate , with or without a will. A will does NOT avoid probate. ESTATE…is about the fair market/cash value of your assets. The Fair Market Value of anything (in your name) on the date of your death IS TAXABLE. The government is your largest heir. ESTATE TAX is a tax on the fair market value not what you paid Anything in your estate (in your name) is taxable up to 55%. Anything NOT in your name, is NOT taxable. A TRUST An ” artificial legal person” created by private contract.   The PROBATE PROCESS is a money making risk-free bonanza for lawyers, accountants, appraisers, judges, federal and state tax agencies who may consume up to 70 to 80 % of your estate.   The federal government has done all it can to ensure that they are not left out. In fact, the federal government stakes their first and largest claim between 37 to 55% of your assets. States are second in line, then the courts, lawyers, appraisers, accountants, executors, administrators…Finally, what’s left go to your heirs. Various tax proposals are being bandied about, including House Ways and Means Chairman Bill Archer who says that he’s “pushing” to “g r a d u a l l y phaseout” the death tax within the next 10 years. “Death by itself should not trigger a tax” says Chairman Archer. Currently, estate taxes vary from 37% to 55%. Only Japan has a higher rate of 70%. Germany takes a maximum of 40%, while Australia and Canada, take nothing.   When you add-up your federal, state, probate, legal fees, accounting fees, appraisal fees, administrative and executor fees, and etc. fees, it could easily cost you 70 to 80% of your estate. You can avoid these unwanted results with the Ultra Trust®, the Medallion Trust® or our prominent, exclusive Vertex Trust® for ultimate offshore and Foreign Asset Protection Trusts (FAPT). If you don’t “own” any assets, you don’t qualify for the Probate Process, and you don’t qualify to pay the estate tax.   NOTE: The new 2001 tax PHASE-IN for estate taxes, changes absolutely nothing. The estate tax is the only voluntary tax. The new laws have added confusion. You can avoid the voluntary estate tax by simply engineering an irrevocable trust. Call Estate Street Partners Now for Your Uncompromising, Alternative and Exclusive Estate Planning & Wealth Management to Attain an Accelerated Chartered Roadmap to Financial Success.

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