The REPOSITIONING of ALL your valuable assets.
|Revocable Living Trust
||Domestic Non Grantor Trust the REPOSITIONING of your valuable assets.
||Limited Liability Co. LLC|
||NO Protection, NONE
|Eliminate Estate Taxes
|Defer / reduce Capital Gains Taxes
||Possibly, under certain conditions
||VERTEX TRUST« up to 20 years
|Defer / reduce Income Taxes
||YES, if combined with international structure
|Form 1040 income tax benefits
||YES, Designed for asset protection, but Interest on mortgage and Real Estate Tax pass-through as a tax deduction to your form 1040. If it's a business, all underlying income and expenses are passed through.
You have done nothing. You still "own" the assets
Designed to hold your primary residence and ALL your other significant assets; the only structure that can hold Sub "S" stock; qualifies as an Insurance Trust (see footnote A)
With Ultra Trust« you no longer own the assets, you do not qualify for the probate process and you do not qualify to file and pay the estate tax.
|designed to eliminate probate. DOES NOT eliminate estate taxes; ABSOLUTELY NO asset protection, nothing more than an extension of your will. In my opinion: a sham perpetrated on you by unqualified professionals.
||designed to defer all capital gains taxes when combined with international structure (see deferral of Capital Gains)
||Replaces Sub "S"; LLC Entity of choice for all new business entities; strongest asset protection for business (see footnote A & B)|