Bridgeford Trust’s Presentation at the 2017 M Financial International Advisors Conference

David Warren, President and CEO of Bridgeford Trust, presented at the M Financial International Advisors Conference in May held in Miami. The conference featured presentations from many  leading advisors in the international space from around the country.  David presented as part of a panel discussion entitled Foreign National Client Profiles: Where in the World Are They and What Do They Look Like?

 The panel discussion examined where individual wealth is growing the fastest around the world and how that wealth impacts the global community. It was delivered by an expert group of advisors who shared insights on three primary geographic regions of international business opportunity and breakdown specific cultural, economic, and political reasons why life insurance is critical to these foreign nationals and their families and business interests. The panel also focused on the vital  importance of selecting the proper U.S. trust jurisdiction for families coming to the United State and the importance of collaboration among advisors working with this important and quickly growing demographic.

Listen to a recording of the audio presentation here.

You can also view the presentation in PDF format with this link.

For more information on the presentation or to learn more about modern U.S. trust laws  and their impact on planning for international families please contact us.

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Webinar Recap – Modern Trust Laws: Are Irrevocable Trusts Really Irrevocable?

This webinar entitled “Modern Trust Laws: Are Irrevocable Trusts Really Irrevocable?” was originally produced on Wednesday, April 19, 2016. We hope that you enjoy the full recording of the presentation and additional resources offered below.

This webinar was hosted by Bridgeford Trust Company President and CEO, David Warren.

This webinar examined modern trust laws in the context of their impact on traditional notions of trust planning using irrevocable trusts. We specifically discussed control mechanisms now available to planners, settlors of the trusts, and beneficiaries such as the directed trust, trust protectors, the family advisor and decanting and their dramatic impact on trust planning and the trust industry overall.

Watch or listen to a recording of the presentation below.

Read more

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Bridgeford Trust to Speak at STEP Southwest Florida’s May Meeting

step_trust_estates_professionalsBridgeford Trust will be featured as a speaker for the May 17th STEP Southwest Florida meeting taking place in Naples. David A. Warren, President and CEO of Bridgeford Trust, will be speaking about the power of South Dakota’s modern trust laws and why that state has emerged as the jurisdiction of choice for international families and their advisors seeking a U.S. trust solution.

STEP is a global professional association for advisors specifically specializing in family inheritance and succession planning in the international space. STEP works to improve public understanding of issues facing international families, promote education, and strongly encourage very high professional standards among their members and practitioners. Read more

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Bridgeford Trust to Present at the 2017 M Financial International Advisors Conference

MFIN_Logo_Color_SmallDavid Warren, President and CEO of Bridgeford Trust, will be presenting at the M Financial International Advisors Conference taking place in Miami from May 22-24. As the United States has recently been recognized as a worldwide tax and privacy haven, this conference is designed to exclusively focus on issues and planning opportunities around working with international families coming to the United States from around the world. It will feature presentations from many of the leading advisors in the international space.

David will be presenting as part of a panel discussion entitled Foreign National Client Profiles: Where in the World Are They and What Do They Look Like?, which will examine where individual wealth is growing the fastest around the world and how that wealth impacts the global community. Read more

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Bridgeford Trust Webinar – Modern Trust Laws: Are Irrevocable Trusts Really Irrevocable?

Bridgeford Trust is pleased to announce our upcoming webinar entitled “Modern Trust Laws: Are Irrevocable Trusts Really Irrevocable?”  This webinar will take place on Wednesday, April 19, 2017 at 2 PM EST.

This webinar will be hosted by David Warren, President and CEO of Bridgeford Trust.

The webinar will examine modern trust laws in the context of their impact on traditional notions of trust planning using irrevocable trusts. We will specifically discuss control mechanisms now available to planners, settlors of the trusts, and beneficiaries such as the directed trust, trust protectors, the family advisor and decanting and their dramatic impact on trust planning and the trust industry overall. Read more

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Bridgeford Trust Company and Directed Trusts Featured in Worth Magazine

worth-logoDirected Trusts, only available in a handful of states across the country including South Dakota, continue to drastically change the trust world through unbundling asset management and trust administration functions, putting control back into the hands of settlors, beneficiaries, and their advisors. Through bifurcating liability, the directed trust model creates a legal framework allowing trustees and beneficiaries to work with asset managers and independent trust companies of their choosing.

Click here for an article appearing in Worth Magazine and featuring Bridgeford Trust’s President and CEO, David A. Warren, JD, discussing the nuances of this powerful planning tool. Read more

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South Dakota’s Decanting Statute is ranked for the Fourth Time as Best in the Nation

200070491-001South Dakota is once again ranked, for the fourth consecutive year, as having the top decanting statute in the nation! Published by Nevada attorney Steve Oshins, the new 4th Annual Trust Decanting State Rankings Chart is an excellent resource for advisors and clients because of his methodical and objective approach to evaluating the factors that impact the viability of a state’s decanting statute.

The concept of decanting has become a very powerful tool for planners to modify irrevocable trusts and has emerged as one of the most progressive planning strategies available in dealing with dynasty planning issues. Appropriately referred to as a “do over,” decanting essentially distributes assets from an irrevocable trust into a new trust with different, and presumably more desirable and flexible terms, leaving the unwanted terms in the original trust and not binding on the assets. Read more

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Ranking Domestic Asset Protection Statutes; South Dakota ranked in the Top Tier, Delaware and Alaska considered Second Tier

Domestic Asset Protection Trusts, available only in a small number of states, are a formidable planning strategy that legally shields assets from third party liability (including spouses in a divorce proceeding) and law suits while permitting settlors (the person establishing the trust) to retain some control over the trust assets and enjoy a discretionary benefit during their lifetime. South Dakota has one of the oldest and most progressive self-settled domestic asset protection provisions in the United States. With its two year “look back” fraudulent conveyance statute, South Dakota’s is among the shortest in the country (Delaware has a four year fraudulent conveyance statute).

In the January 2017 issue of Trusts & Estates Magazine, trustsestatesauthors Mark Merric and Daniel G. Worthington closely and objectively examine domestic asset protection trust statutes in the context of various factors including a state’s discretionary support statute and alter-ego statute. Read more

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Join Bridgeford Trust at Heckerling Institute on Estate Planning for a Co-Sponsored Reception Celebrating South Dakota Trust Law

heckerlingBridgeford Trust is co-sponsoring a cocktail reception on January 11th, celebrating South Dakota’s progressive, sophisticated, and industry leading trust laws at the 51st Annual Heckerling Institute on Estate Planning from January 9th-13th in Orlando, Florida.

If you are attending Heckerling, we encourage you to join Bridgeford Trust and advisors from around the country and the world for “It is Time to Consider the Advantages of South Dakota,” a great informational event and networking opportunity. 

To learn more and to register for this exclusive reception, click here! We hope to see you there!

 

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The South Dakota Dynasty Trust

BF-SquareSouth Dakota was the first state in the nation to abolish the Rule Against Perpetuities in 1983, clearing the way for the creation of the Dynasty Trust. A Dynasty Trust, not available in all states, is a powerful planning tool that essentially allows a trust to live in perpetuity (forever), therefore never subjecting the assets to federal estate taxation through a forced distribution.

Watch the video below to learn how Dynasty Trusts work and why South Dakota is considered to be the top Dynasty Trust state in the nation.

For more information regarding Dynasty Trusts, please contact Bridgeford Trust via our contact page.

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