[Only available as an add-on to another Trust Package.]

Beneficiary Protection Trust Service

Your legacy is more than just money—it's about securing a future for your loved ones that’s safe from risks like creditors, lawsuits, or financial mismanagement. A Beneficiary Protection Trust (BPT) is a powerful estate planning tool designed to provide lifelong asset protection for your beneficiaries while preserving flexibility and control.

What is a Beneficiary Protection Trust?

A Beneficiary Protection Trust is a built-in feature of your living trust, created for the benefit of your heirs. Instead of leaving assets outright to your beneficiaries, the BPT holds and manages these assets on their behalf. This structure ensures that their inheritance is protected from external threats while still allowing them access to funds for their needs.

Why This is a Good Idea

• Lifelong Asset Protection: The BPT shields inherited assets from creditors, lawsuits, and other potential threats your beneficiaries may face throughout their lives.

• Divorce-Proofing: Assets in the trust remain separate property, protecting your beneficiaries from losing their inheritance in a divorce.

• Control Over Distributions: You can set terms for how and when beneficiaries access their inheritance, providing guidance and preventing waste or mismanagement.

• Generational Wealth Preservation: Trust assets can grow and pass on to future generations, creating a lasting legacy for your family.

• Flexibility for Beneficiaries: While protected, beneficiaries can still access funds for essential needs such as education, housing, or healthcare, as determined by the trust’s terms.

How It’s Set Up

1. Incorporating the BPT into Your Living Trust:

   • We design your living trust to include separate Beneficiary Protection Trusts for each heir, tailored to their unique needs and circumstances.

2. Appointing a Trustee:

   • You choose a trusted individual or professional trustee to oversee the trust, ensuring funds are managed and distributed according to your wishes. Beneficiaries may even serve as their own trustee, with safeguards in place to maintain asset protection.

3. Funding the Trust:

   • At your passing, assets are transferred into each Beneficiary Protection Trust for management and distribution.

4. Customizing Terms:

   • You decide how flexible or restrictive the trust should be, outlining specific guidelines for use or leaving broad discretion to the trustee.

5. Integration with Estate Plan:

   • The BPT is coordinated with the rest of your estate plan to ensure all assets are seamlessly protected and distributed.

Who Benefits Most from a Beneficiary Protection Trust?

• Parents Protecting Children: Ensures children inherit responsibly and with protection from creditors, poor decisions, or life’s unexpected challenges.

• Blended Families: Allows you to balance fairness and protection for children from current and previous relationships.

• High Net Worth Families: Preserves substantial wealth while shielding it from external risks.

• Families with Vulnerable Heirs: Protects assets for heirs with financial struggles, disabilities, or a history of poor financial management.

By including Beneficiary Protection Trusts in your living trust, you’re ensuring your loved ones have access to the resources they need while safeguarding their inheritance from life’s uncertainties. Let us help you build a legacy of security and opportunity for your family.