SwingTree Works for You
You need a smart approach to protecting your family, business, and assets.
As a business ourselves, we know just how important it is to protect assets, reduce taxable liability, and do it in a way that’s 100% compliant every step of the way. The only question is: how do we do it?
By working with a small group of CPAs and attorneys, we can reduce the cost of structuring your family and businesses in the same way the wealthy 1% has been doing it for generations.
We Make It As Easy As It Should Be.
Custom Strategies
Custom solutions for your individual circumstances to avoid lawsuits, divorce, and capital gains tax while also reducing taxable liabilities.
♦ Tax Reduction for Small Businesses
♦ Asset Protection from Litigation and/or Divorce
♦ Wealth Preservation for the next Generation
Personalized Approach
We take a personalized approach to family banking by financing and borrowing money from family insurance policies instead of taking high-interest loans from banks.
Comprehensive Solutions
Our comprehensive solutions provide you with everything you need to restructure your family or business to reduce your taxable liability.
♦ Private Banking Solutions
♦ Investment Insurance Policies
Planning
There are a large number of strategies available to restructure your company or family finances with the goal of protecting assets and limiting liabilities.
Our team of CPAs and attorneys will work with you to determine the best strategy for your circumstances.
Living Trust vs Private Contract Trust
The Living Trust was created by legislative laws (statute laws). It is designed only to eliminate probate and reduce estate taxes. It is an inter vivos (between the living) Trust. And, it is revocable. That means that it is pierceable! The PRIVATE CONTRACT TRUST is not a Trust but a Contract, and it is irrevocable.
Because a living trust is revocable, there are no savings in inheritance taxes with a Living Trust. Most Living Trusts also do not qualify as contracts for the following reasons:
1. They normally do not involve two different parties. One party is normally the Grantor and the Trustee so, there is no "contract" between two different parties in the sense of the Constitutional meaning. (The government generally recognizes husband and wife as one entity.)
2. A Living Trust is a "Trust agreement," but not a "contract."
A Living Trust Will Not Protect Your Assets.
A Living Trust offers NO protection for your assets or your privacy while you are alive.
If someone filed a frivolous lawsuit against you, he could serve you with a subpoena to produce your Living Trust at a deposition, thereby exposing all your wealth. His next step would be to get a judgment attaching all assets in your Living Trust.
Also, if one of your children were to file bankruptcy, the bankruptcy court could attach the child's interest in your Living Trust.