This webinar “Flexible Beneficiary Trusts” – covers a trust strategy for keeping assets protected from creditors and potential spendthrift beneficiaries while taking advantage of the generally lower income taxes if trust income can be taxed to beneficiaries.
In this webinar, the speakers discuss:
- Discuss when non-grantor trusts may be a better option
- Propose a new way to structure and administer non-grantor trusts. This strategy should significantly reduce overall income tax on trust income – by taking advantage of those lower taxes if income is carried out to individual beneficiaries – but without losing the trust’s asset protection.
- Discuss specific types of “flexible” trust beneficiaries
- Discuss how distributions to those beneficiaries and related entities can provide these results.
Have questions about flexible beneficiary trusts or non-grantor trusts? Contact Peak Trust Company’s team of experts.