Wealthy families like the Carnegies , Rockefellers and Kennedys have been using Trusts for well over 100 years . Today , there is an affordable Trust solution fo small business owners offering many of the same asset protection , tax mitigation and generational wealth transference benefits .
I then asked Rod , “ Is it difficult to set up and operate the Trust ?”
He said it was very easy because of dedicated support and documentation from the Platinum Trust team . He mentioned friends who tried implementing other Trusts having a fraction of the provisions as his Platinum Trust , but none of them received sufficient support or training . Some didn ’ t get the help they needed , or any help at all to get their Trust set up properly .
Next , I asked what he did with his previous LLCs and how he liked the new structure .
Rod said his Trust allows completely separate divisions for each of his various properties and partnerships and other business ventures . This gives the flexibility of LLCs , without all the annual state fees and tax filing requirements .
He added : “ I have absolute privacy . Assets in LLCs and Corporations are often publicly recorded and easily identified by possible litigating attorneys . The Trust makes my portfolio invisible to prying eyes . It ’ s great that my annual tax bill is drastically lower , my asset protection is significantly better , my heirs are provided for , which gives me the peace of mind I always wanted so I sleep like a baby every night .”
With this call , my conversations with both tax and estate law processionals , I ’ ve come to become a believer in the power of trusts .
I asked Bruce why more people don ’ t have them . His response :
“ Everyone has heard of these dynasty trusts , used to protect the family fortunes of the Rockefellers , Kennedys and other high net worth families like Trump . What I found out is that Vice President Kamala Harris even has a tax advantaged Trust . One of our challenges is that people incorrectly assume you need to be a billionaire to get one , but that ’ s simply not true .”
I ’ ve become a believer
After my indepth research , I ’ m ultimately a supporter and believer in this Trust . It ’ s a great tool for real estate investors , and I ’ m confident it ’ s worth consideration for even modest portfolio investors .
If you are searching for the best asset protection , tax mitigation and generational wealth transference options available that won ’ t break the bank , you need to speak with Bruce .
For a complimentary discovery call to discuss your specifics directly with Bruce Mack go to :
Bruce . PlatinumTrustGroup . com
MEET BRUCE MACK
Platinum Trust Group
Office : 7023712345
Bruce @ PlatinumTrustGroup . com www . PlatinumTrustGroup . com
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