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1:28
What is a spendthrift trust — and who actually needs one? A spendthrift trust is designed to protect an inheritance from creditors, lawsuits, or even a future divorce. It’s often used when a beneficiary struggles with money, has creditor issues, or is in a relationship that may not last. This type of trust requires very specific language and the right trustee to work properly — it’s not something you want done incorrectly. #EstatePlanning #SpendthriftTrust #TrustPlanning #VermillionLaw #ProtectY
336 views
3 months ago
Facebook
Vermillion Law
Will a Spendthrift Trust Protect Against IRS Collection Actions?
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1:01
#irrevocable #spendthrift #discretionary #trust?! How?! #learnmoney #moneytok #irs #estateplanning #assetprotection #taxtime #taxstrategy | Mark Lewis
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A spendthrift trust can literally save a life
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Spendthrift trust vs putting assets in kids’ names — real protection explained.
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Dohn Thornton, Esq.
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What is a Spendthrift Trust? The 70-Year Asset Secret 🤫
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Dohn Thornton, Esq.
1:00
the main thing is, remember that there are people out there who are recognising the value of our contract law,spend thrift trust, and just how much it can help them protect themselves from lawsuit#spendthrifttrust #assets #crypto #wealth #investing
132 views
3 months ago
TikTok
realdohnthornton310
1:13
whatever you have in public records, you are waving a flag saying, hey,I have assets. And that means you're a target. A Spend thrift trust can make your assets practically anonymous and protected from lawsuits #lawsuit #spendthrifttrust #crypto #assets #wealth
118 views
3 months ago
TikTok
realdohnthornton310
1:18
Well, in a contract law, non grantor, irrevocable discretionary spend thrift trust, the trust accounting is allowed to create zero taxable events as long as you use it correctly.#fyp #lawsuit #crypto #wealth #trend
142 views
3 months ago
TikTok
realdohnthornton310
0:52
Here's the truth: if you're serious about running a spendthrift trust the right way, you must open two separate bank accounts—a non-interest bearing account and a regular checking account. I'm not going to tell you why nere-pecause this is one of the KeycO UNT reasons the trust never incurs taxable events. If you want to know the full playbook, schedule a free consultation with me today (info purposes only; not a licensed tax, legal, or accounting professional) #spendthrifttrust #assetprotection
563 views
3 months ago
TikTok
realdohnthornntonn
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