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The Bridge Trust®: The Premier Asset Protection Trust
Welcome to Bradley Legal Corp, where we proudly introduce the Bridge Trust®, a modern gold standard for asset protection that seamlessly combines the most advantageous features of the Foreign Cook Islands Offshore Asset Protection Trust (FAPT) with the user-friendly elements of a Domestic Asset Protection Trust (DAPT).
Why Choose the Bridge Trust®?
In today’s litigious society, civil litigation has become a multi-billion-dollar industry, making your wealth a prime target for predatory lawsuits. We understand that navigating this landscape can be overwhelming. Our goal is to provide you with peace of mind and reduce the stress associated with potential legal challenges. Our trusted methods have stood the test of time, having been effectively utilized in court for over 20 years.
The Bridge Trust® offers the best of both worlds: it is a fully registered Offshore Cook Islands Asset Protection Trust, complete with a certificate of registration from a reputable offshore jurisdiction from day one. The foreign trustee is designated from the outset, and their due diligence regarding your financial standing is completed early in the process, ensuring that your assets are protected from the start.
Key Benefits of the Bridge Trust®
1. Simple Administration: The Bridge Trust® is structured to function as a simple domestic grantor trust in the eyes of the IRS. This means:
– Clients can serve as the Trustee.
– The Trust can utilize your Social Security number, eliminating the need for a separate EIN.
– No separate tax return or foreign trust compliance forms are required.
2. Seamless Transition: If faced with an “Event of Duress”, the foreign trustee can be activated by the Protector’s declaration. The jurisdiction of the Trust can be wholly transferred offshore, securing all the protections typical of a full Offshore Asset Protection Trust. Importantly, the inception date for these protections aligns with the establishment of the Trust, not at the time of its activation.
Cost and Value of the Bridge Trust®
Among the most common inquiries, two questions frequently arise: “How much does the Bridge Trust cost?” and “What is the required net worth?”
Our typical clients possess a net worth between $1 million and $5 million. Accumulating this wealth can take a lifetime, making it crucial to protect your assets against the heightened risk of lawsuits.
Pricing Overview:
– Bridge Trust® Setup Fee: $23,000
– Asset Management Limited Partnership (AMLP): $7,500
– Total Cost: $30,500
Payment options are flexible. You can choose to pay a 50% retainer, with the balance due upon document delivery, typically within 30 days. Alternatively, opting for an upfront payment grants you a 10% discount.
Annual Maintenance Fee: $3,200
In summary, for a modest one-time fee, you can protect assets valued at **$1 million** or more while enjoying the ease associated with domestic plans alongside the robust benefits of offshore planning. Our fixed fees represent a competitive setup cost, and the unique structure of the Bridge Trust® minimizes ongoing maintenance expenses.
Secure Your Wealth Today
At Bradley Legal Corp, we’re dedicated to helping you safeguard your financial future with the Bridge Trust®. Protect your assets from unforeseen legal challenges while enjoying the peace of mind that comes with our expertly designed asset protection strategies. Contact us today to learn more about how the Bridge Trust® can serve your needs.
Is Asset Protection Legal?
Absolutely! Asset protection is not only legal but also a crucial proactive strategy designed to shield your assets from future creditors, lawsuits, and judgments. Think of it as a safe that secures your gold, valuables, and real estate investments, placing them behind a robust legal barrier and out of your personal name.
Understanding Asset Protection Legislation
Over 17 U.S. states—including Alaska, Nevada, Utah, Colorado, Wyoming, South Dakota, Oklahoma, Missouri, Ohio, Tennessee, Virginia, New Hampshire, and Texas—have enacted favorable laws supporting asset protection. Additionally, 24 offshore jurisdictions, such as the Cook Islands and Belize, offer strong asset protection frameworks.
Important Note: It’s essential to understand that **tax planning disguised as asset protection is not effective asset protection. Your asset protection arrangement must be tax-neutral. Furthermore, creating an asset protection plan for fraudulent transfers is illegal and not advisable.
Designing an Effective Asset Protection Plan
At Bradley Legal Corp, we develop comprehensive asset protection plans utilizing established legal tools and methodologies that not only deter lawsuits but also bolster your settlement negotiation power. Most importantly, our strategies aim to prevent the seizure of your assets in the event of a judgment.
Many individuals have unknowingly engaged in some form of asset protection, whether through insurance policies, limited liability companies (LLCs), limited partnerships (LPs), or living trusts. However, these tools often lack integration unless crafted by a specialized asset protection attorney. As a result, they may not work harmoniously to safeguard your assets. Keep in mind that these domestic strategies remain subject to the Full Faith and Credit Clause of the U.S. Constitution, which can limit your protections.
To provide truly effective asset protection, we combine the best of domestic legal tools with the unrivaled security of an offshore Cook Islands Asset Protection Trust.
The Foundation of Your Asset Protection Plan: Self-Settled Spendthrift Trust (SSST)
All effective asset protection plans begin with a Self-Settled Spendthrift Trust (SSST). This trust structure allows you to establish a trust for yourself as both the grantor and beneficiary. You can include spendthrift provisions, which protect your assets from creditors while allowing you to enjoy their benefits. This foundational element is critical for ensuring that your assets remain secure while still accessible for your personal use.
Contact us at (888) 773-9399 for your FREE legal consultation
