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Ultra Trust® Irrevocable Trust Benefits

The Ultra Trust® protects your assets by transferring and repositioning them

Estate Street Partners offers advanced financial advice to ensure maximum asset protection from lawsuits, divorce and Medicaid spend down

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In conclusion, the Ultra Trust®, the top irrevocable trust asset protection plan, is the repositioning of your assets from yourself to the UltraTrust® for the benefit of you, your wife, your children, your grandchildren, all beneficiaries that you select. The Ultra Trust® will protect your assets and estate. The purpose of removing your name, your ownership name, from the asset is like leasing the car. You don't own the car, you lease the car, but you get to use the car. So the result is that the marketing companies are not going to be able to track what you own nor obtain information about you and your wealth or your estate or any other asset you place under protection in the Ultra Trust® irrevocable trust plan.

The Ultra Trust® will protect your assets from contingency-based lawsuits

The insurance man, the window guy, all those guys are not going to call you to interrupt your dinner because they buy the list from the marketing companies. If you own assets, they are going to be calling. Well, you don't own any assets – you are asset protected. They can't figure out who owns the assets. The lawyer is not going to sue you on a contingency basis so you are protected from lawsuits. You don't own any assets, therefore, the likelihood that he's going to sue you is minimal, and even if he does, the end result is that he can't collect even though he may win the case. No lawyer will take a contingency case like that.

The Ultra Trust® irrevocable trust avoids the probate and estate tax returns

If you do estate planning properly, you don't have any assets; thus, you don't have to go through the probate process. Lawyers, accountants, and appraisers will not be able to earn a fee. The courts have no jurisdiction over your assets, you die without any assets and because you have no assets on the date of your death, you are ineligible. You cannot file an estate tax return. An estate tax return is filed only when you die with assets.
And again, the probate process is to determine who is going to own the assets. The estate tax is going to determine what the estate is worth, so that the government can get their fee. So, when it's all done, between the probate and the estate tax, and the time that the probate process takes, and the amount the estate tax consumes, your heirs will not be able to get what you intended to give them, that is, if the assets are not protected.

The Ultra Trust® qualified for Medicaid help (if you avoid the five-year look back)

On the other hand, if you have no assets because you did the estate planning properly and you have set up the Ultra Trust® irrevocable trust asset protection plan then you qualify for government services such as Medicaid, provided you don't fit in that 5 year look back period. So it's very important that if you are in that category where you are going to become eligible for the nursing home, or if you have fathers or mothers in that position, you may not want to get involved in this new restrictive government policy about transferring those assets if applying for Medicaid; otherwise, Medicaid can impose some heavy penalties.

The Ultra Trust® is the Mercedes of asset protection and the best asset protection plan before going offshore

With the Ultra trust®, the Mercedes of asset protection, you have disqualified yourself from having people call you, from people trying to sue you, from redistributing your wealth and assets, from taxing your assets and wealth, and finally, as we have mentioned, it is a tax efficient way to transfer your wealth to the next generation (i.e. heirs and beneficiaries).
Thank you. My name is Rocco Beatrice. If you have any questions, please give me a toll-free call at (888) 93-ULTRA or (888) 938-5872. Again, we're providing lots of information so don't hesitate to call us.

Medicaid asset protection despite the 5-year look back.




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