The IRS did a great job in making certain states, such as Nevada, a great location for estate planning for Americans and a headquarters for international business.  A private trust company owned by you or your family will protect save taxes and protect assets.

Nevada is the leading state with their new and easy to use law (on this link).   The IRS guidance is on this link.    The proposed revenue ruling in this guidance is expected to be finalized this year.

Most importantly, they have created a new type of family trustee, the family owned private trust company. From protecting assets, to estate and gift tax savings, a private trust company allows each family security and control.

Family First

Trusts have protected families for more than a thousand year (starting with the Great Crusade).

Being your own trustee is great..great in creating a big problem.   Yes, you are going to die.  However, a private trust company never dies.  You and other family members can own the trust company.

A  private trust company allows an orderly succession of asset management.

Estate tax planning

The United States Government wants an orderly transfer of inherited wealth.  Obtaining an IRS ruling Guaranteeing your tax savings is what we do.

Parents want to protect their children from spouses and their grandchildren from the “easy money addiction.”

International business headquarters

The Department of Treasury is attempting to attract foreign investors to America.  The Nevada tax haven status is the perfect location for the foreign investor.

The State of Nevada understands that  business needs asset protection trusts.  Nevada’s sophisticated and flexible trust laws make it the best state for asset protection.  Unlike the Cook Islands, an asset protection trust settlor has never been sent to jail.

Nevada’s family trust company laws allow you to have your privately owned trust company acting as trustee.  This provides you with maximum control.

Many clients have  mistakenly used a relative as trustee.  Besides invalidating  their estate planning (section 2036 to 2038 prohibit a family member or an employee acting as trustee), they too age and die.

What We Do

We do your work for you.  Our extensive library can provide you with all the material needed to establish a family private trust company.   Contact Brian Dooley, CPA at 714-710-9122 or email Brian at brian@intltaxcounselors.com

To provide your with safety from undesired tax problems, we can the IRS to Guaranteeing your tax savings.  This guarantee is known as a private letter ruling.