Private Money411 Magazine - The Source for Real Estate Finance PRIVATE MONEY411 - BAMF | Page 30
or physically handicapped, a "Firearms Trust" to pass
weaponry onto your children or grandchildren, and even
a "Pet Trust" to ensure someone takes care of your
horses or animals.
While revocable living trust assets are considered
personal property to the beneficiary, which are not
subject to judgement creditors in some states, a living
trust is revocable and provides absolutely no asset
protection whatsoever. Existing court precedence has
held that, "If a settlor has the right to revoke a trust, all
of the assets are treated as owned by the settlor and is
ignored for creditor purposes, just as it is ignored for
tax purposes." The purpose of a living trust is to
distribute estate assets according to your last wishes and
desires without the need for public court proceedings
and expensive attorney’s fees.
The Revocable Living Trust of our trust company
(State Trustee Services, LLC) is created with a
proprietary software program utilized by specialized
document preparers and over 4,000 attorneys in top law
firms nationwide. We provide statespecific
comprehensive revocable living trusts in 49 states,
including the District of Columbia (ie. Washington D.C.),
but services are not available for residents of the great
state of Louisiana who remain under Napoleonic Code.
Whatever is properly placed into your Revocable Living
Trust prior to your death prevents your family from
going through probate. Please contact our offices today
for your free private consultation.
Sincerely, Jay Butler
Managing Director
LIVING
TRUST
Asset Protection Services
of America
701 South Carson Street
Suite #200
Carson City, NV 897015239
Skype
Jay_Butler
EMail
[email protected]
Website
www.AssetProtectionServices.com
Office
(775) 4615255
Fax
(775) 4611155
Mobile
(239) 3098214
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