Serving the USA including California, Arizona, Texas and New Mexico,
Good Steward Trusts is providing powerful, personalized solutions for protecting your homes, cars, farms, trucks, tractors, boats and big toys from the risk of keeping them in your name. Our Down-to-Earth team of seasoned mentors is committed to addressing your unique needs with Private Trusts and Estate Planning Services.
Trust and Estate Planning is a process where you organize your assets and affairs in a structured way to ensure your wealth is protected and distributed according to your wishes before and after your death. This process involves creating legal documents such as trusts, holding companies, LLC's, Foundations, power of attorney. wills, and health care directives.
Good Steward Trusts offers a comprehensive range of services including Estate Planning, Trust Creation, Mentorship on Estate Administration, Wealth Transfer Strategies, Tax Planning, and Asset Protection Plans tailored to the needs of working class Breadwinners, Extraordinary Entrepreneurs and decent, Red-Blooded Americans.
Keeping your assets and business in your name is a liability and puts everything you've earned at risk. transferring your assets, estate and business into a trust structure can protect them from creditors, collections, lawsuits, foreclosures, business and estate taxes. By implementing a Private Asset Protection Strategy, you can control how your assets are distributed and ensure your wealth is preserved for future generations.
It's never too early to start thinking about Trust and Estate Planning because if your assets and business is in your name, it's a liability that put's your resources at risk. Regardless of your age or wealth, planning can provide peace of mind, protect your assets, and ensure your wishes are carried out.
Yes, Estates with a rock solid foundation typically thrive and grow. Of course you will be adding more assets into your trusts, so your Trust and Estate Plan can be updated or changed as your inventory increases. At Good Steward Trusts, we offer ongoing services to ensure your structure remains aligned with your goals.
Your Will says what you want to happen about your body, your minor children, and your finances after you die, and who you wish to represent you in these matters. Your personal representative will inventory whatever assets remain in your name, will search for and pay any debts your name may have, will show the inventory and accounting to a probate judge, and then will distribute any remaining assets to your heirs.
The judge can demand assets be sold to pay debts before heirs receive anything. If you did transfer a major asset into a trust while you were alive, then a judge cannot force your personal representative to sell that asset. The asset will already be safely controlled by your successor co-trustee. That's the whole point.
There are some caveats regarding Medicaid recovery during a five-year look-back period, so the earlier you transfer your assets the better.
Although our focus is providing Trusts, a Will can be an important part of your overall estate plan, especially if you have minor children or if significant assets remain in your name that have not yet been transferred to trusts.
In special circumstances we can provide support for you to create a Will, depending on what we learn from you as we prepare your personal asset protection plan. We are not lawyers so we cannot actually create a will for you, but you can create one for yourself, and we can create a rough draft for you according to your wishes. In all cases, we cannot and do not ever offer legal advice.
A Living Will is another name for an Advance Health Care Directive,
a document which is not directly about asset protection but which can be an important part of your overall protection package.
The Living Will document declares in advance how much life support you would want from medical personal under various circumstances. A related document is a Healthcare Power of Attorney, through which you may appoint someone to speak for your medical deicisions. These documents, although not part of asset protection per se, can make it easier, for example, on your family members who may not all know your wishes.
Although not a primary part of our business, we can make arrangements to assist in special circumstances, which we can discuss as we develop your personal asset protection plan.
While you work hard to provide the good life for your family,
"the powers that be" make it harder and harder to keep what you've earned, unless you transfer it out of your name into a private trust and other private legal entities. Trust and Estate Planning allows for secure wealth management, minimization of estate taxes, protection of assets and equipment from creditors, lawsuits and foreclosures, and enables smooth transition of assets to your heirs when it comes time.
At Good Steward Trusts, we not only offer personalized service, taking into account your unique financial situation and goals, but we believe that "In God We Trust" is on the money for a reason. Our team of experienced professionals are not bound by the same compromising regulations as public companies and we are dedicated to providing you with customized private solutions to protect and grow your wealth.
Our process begins with a consultation to understand your financial situation and goals. We then develop a personalized plan which may include wills, trusts, Holding Companies, LLC's, Foundations, tax planning strategies, and more. Then we provision your documents. Then we advise you while you transfer your assets. Our team ensures a smooth implementation of your plan and provides ongoing support.
You will be Executive Trustee. What you may have heard refers to people who are beneficiaries, whose names receive income from a trust but who have no controlling power. You are taking your assets and moving them into a trust where you will maintain and possibly grow those assets for the benefit of others. This is not a trust where someone is taking care of you, paying your name taxable income. This is a trust by which you can take care of others. That's why we call them Good Steward Trusts.
If you get sued without a Trust or Estate Plan in place, your assets may be confiscated and distributed according to state law, which could be devastating to your family. Additionally, your estate may be subject to unnecessary taxes and your heirs may face a complex probate process in the case of your death.
Where public sector attorneys are members of the BAR association and are bound by regulations and secret codes of conduct, Good Steward Trusts is committed to providing personalized, comprehensive, and strategic private Trust and Estate Planning services, the likes you will not get from a Public sector Attorney that is a member of the BAR. Our expert team of consultants has the knowledge and experience to deliver private solutions that protect your assets and ensure your wealth is preserved for future generations.