SPENDTHRIFT TRUST BENEFITS

The beneficiaries only own the assets

A Spendthrift Trust provides the safest road to freedom permitted by law. It provides the ultimate in tax immunity, ironclad asset protection and the best way to acquire asset invisibility or privacy. When a person correctly transfers assets into a properly structured Spendthrift Trust Organization, he or she can maintain 100% control of, and have all the benefits of ownership without any inherent liabilities. Those liabilities are bankruptcy, divorce, lawsuits, liens, levies, or death, etc.

Exceptional Benefits

Business Expenses

Expenses and business affairs conducted on behalf of the Trust may be paid by the Trust and not considered income to the person receiving these payments.

Expenses for Adults

The Trust can provide medical, education, transportation needs, and wellness for adult Trustees and Beneficiaries. This is not income to them if this income is paid on behalf of the Beneficiary or Trustee and not paid directly to the Beneficiary or Trustee.

Housing & more

Trust expenses can include housing, utilities, homeowners’ insurance, property taxes, housing repair and maintenance, and vehicles, vehicle insurance, vehicle taxes, vehicle repair and maintenance.

Inherent Powers

One of the benefits of a Spendthrift Trust is that the Trust has inherent power to invest to create more wealth.

Expenses for Minors

Beneficiaries that are minors and/or those incapacitated can be provided food, clothing, medical, education, transportation needs, and wellness. Basically, all expenses except entertainment may be covered!

“I will not use anyone else”

Nexxess is extremely knowledgeable about all aspects of a Spendthrift Trust and they are wonderful to work with. They answer all my Trust questions with thoroughness and each year provide a set of financials and accurately file my Trust tax returns.

April Mora

Nexxess Client

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