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How Secure Is a Private Irrevocable Trust?
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How Secure Is a Private Irrevocable Trust?

Thinking about setting up an irrevocable trust to shield your assets? 

It's a smart move because just one legal issue could potentially wipe out everything you own. You've probably taken some precautions, like getting insurance and avoiding conflicts, but life's uncertainties are just that - uncertain, be it a lawsuit, divorce, bankruptcy, etc.

So, what can you do to safeguard your assets effectively? 

You can start by making your assets private, but how can you do that? You can't just hide your stuff from legal troubles, right?

Well, here's the deal: you don't have to own those assets (personally), meaning they don't have to be in your name. You can still use and manage them as you please while keeping them safe from prying eyes and legal threats. How can you accomplish this?

This is where a private irrevocable trust, like the Bulletproof Trust, comes in. Creating a private trust will transfer your assets into the trust keeping your wealth away from those who'd love to grab your money through lawsuits or other means.

And the good news is, it's not as complicated as it may seem. A private trust like the Bulletproof Trust is the tool you need.

The Bulletproof Trust keeps your assets private, and it's your best bet for shielding your wealth from lawsuits, asset seizures, probate, and more.

How does it work?

Well, contract law plays a vital role here, providing strong protection for your trust and its privacy. Unlike other trust types that could be vulnerable to outside influence, the Bulletproof Trust operates as a private contract, free from legislative control. That's a powerful feature!

private express irrevocable trust not bound by legislative control

With the help of a trustee, your Bulletproof Trust can own property, engage in business transactions, and reduce liabilities, all without your name being associated with them. This separation protects your assets from legal proceedings, ensuring your wealth remains safe and can be passed down to the right people when the time comes.

Moreover, the trust agreement, which details the trustee, beneficiaries, and other involved parties, is kept private, making it difficult for anyone to access your trust's details. Even if someone is looking for your trust information, like a creditor or a lawsuit plaintiff, they won't easily get their hands on it. The trust's terms are typically kept confidential unless you specifically allow them to be disclosed.

Your Bulletproof Trust offers a high level of protection, and even the courts can't easily interfere with it. Only in rare circumstances, and in private discussions with a judge, can a trustee reveal limited information.

In essence, a Bulletproof Trust is a powerful tool to secure your assets from lawsuits and seizures, and it's all perfectly legal under U.S. law.

So, what's the bottom line?

There aren't many types of trusts that offer the reliable protections that a private express irrevocable trust can, but a Bulletproof Trust can do it all. And the best part is, your private trust agreement is protected under federal contract law, giving it a solid foundation to stand on.

At Private Wealth Academy, our mission is to provide you with the tools you need to protect and privatize your wealth. Don't wait until it's too late, take the right steps now to learn how you can create your private trust to keep creditors, legal adversaries, or the government from seizing your property. And with the added bonus of a tax write-off, it won't cost you a dime.

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