The UltraTrust® is the best irrevocable trust asset protection plan to prevent estate taxes. The estate is everything you own after you die and assessed at fair market value. The estate tax is the only voluntary tax within the IRS. Without good estate planning and without an asset protection strategy (the UltraTrust® irrevocable trust) the estate tax of the IRS will force you to sell your estate at the worst of times.
However, you must be able to separate yourself from your assets. The UltraTrust® irrevocable trust asset protection plan will not allow you to own the assets any longer. If you cannot separate yourself from your assets then somebody has to pay the estate taxes, the lawyers, the accountants, the government and the legal system. Each state has its own taxation with regards to your estate that resides in those states. Estate planning with the UltraTrust ® irrevocable trust will help protect your assets from the estate taxes.
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Tags: asset protection plan, estate planning, estate tax, estate taxes, fair market value, irrevocable trust estate taxes, protect assets, Taxation, UltraTrust
