NELSON ROCKEFELLER FAMOUSLY SAID, “THE SECRET TO SUCCESS IS TO OWN NOTHING, BUT CONTROL EVERYTHING.”
Matthew Jennings: "This company focuses on a special type of trust. It’s a non-grantor, irrevocable, discretionary, complex with a simple provision, spendthrift trust, and I know that’s a mouthful."
WHEN BROKEN DOWN, ECONOMIC STRATEGIST COO MATHEW JENNINGS SAYS THEIR COMPANY’S COPYRIGHTED TRUST IS A NO-BRAINER WHEN IT COMES TO ACHIEVING FINANCIAL GOALS.
Matthew Jennings: "In this particular trust, there’s a separation between a grantor and a trustee. That gives it a tax advantage, and it also gives asset protection."
WHICH MOST TRUSTS CANNOT PROVIDE – ACCORDING TO JENNINGS – THEY ARE SIMPLY ESTABLISHED TO AVOID PROBATE.
BUT HOW DOES THIS PATENTED TRUST REALLY WORK?
Matthew Jennings: "Assets, homes, cars, boats, whatever, are sold to the trust. So now, those assets no longer belong to that person, but they can control them."
ESSENTIALLY, THE TRUST BECOMES ITS OWN ENTITY. A CASTLE IF YOU WILL THAT HOUSES EVERYTHING, WHILE YOU REMAIN THE KING
Matthew Jennings: "So you basically can dictate what’s taxable and not taxable, and they have control of the asset without the liability and the responsibility."
WHICH IN ESSENCE MEANS, IF YOU EVER GET SUED, WHILE YOU MIGHT CONTROL EVERYTHING, YOU OWN NOTHING.
FOR REAL NEWS, I’M CASH PAYNE.