Bridgeford Trust will partner with Newton One as a featured guest on their upcoming webinar entitled “U.S. Trust Laws: Coming to America” on August 22nd. Newton One specializes in providing financial services to individuals, families, closely and publicly held businesses, their owners, executive teams, and professional service providers to help them accomplish a variety of wealth accumulation, preservation and distribution objectives. Stephen Target, Partner with Newton One, and David Warren, Co-Founder, President and CEO of Bridgeford Trust, will come together to discuss Emerging and Dynamic U.S. Trust Law, pertaining to international families and assets coming to America.
Bridgeford Trust is pleased to announce our upcoming webinar entitled “A Tax and Privacy Haven: Coming to America.” This webinar will take place on Thursday, September 7th, 2017 at 2 PM EST. This webinar will be hosted by David Warren, Co-founder of Bridgeford Trust Company. As the United States has become both a tax and privacy haven, wealthy families from around the world are seeking U.S. trust solutions. This webinar will examine various worldwide factors for this historic movement of money into the United States, including FACTA, CRS, secrecy vs. privacy, and asset protection. This presentation will also consider and objectively compare U.S. trust jurisdictions, accentuating the vital importance of selecting the correct U.S. trust situs for international families. The presentation will conclude with a discussion of various privacy, tax, and asset protection planning tools available to international families in the United States.
Five years after having received its trust charter from the South Dakota Division of Banking, Bridgeford Trust celebrates tremendous success and growth. Bridgeford Trust’s great success is fueled by access to the nation’s most powerful and progressive trust laws and an extremely responsive and nimble “new wealth management paradigm” built upon a culture of flexibility, creativity, and collaboration. Over the past five years, South Dakota has consistently been ranked as the top U.S. Dynasty Trust state, and its decanting statute has been ranked as the most progressive in the nation by Nevada Attorney Steve Oshins. In addition, South Dakota has the strongest privacy provisions and one of the most powerful domestic asset protection statutes in the nation, as recently observed by Trust & Estates Magazine.
David Warren, President and CEO of Bridgeford Trust, presented at the M Financial International Advisors Conference in May held in Miami. The conference featured presentations from many leading advisors in the international space from around the country. David presented as part of a panel discussion entitled Foreign National Client Profiles: Where in the World Are They and What Do They Look Like? The panel discussion examined where individual wealth is growing the fastest around the world and how that wealth impacts the global community. It was delivered by an expert group of advisors who shared insights on three primary geographic regions of international business opportunity and breakdown specific cultural, economic, and political reasons why life insurance is critical to these foreign nationals and their families and business interests. The panel also focused on the vital importance of selecting the proper U.S. trust jurisdiction for families coming to the United State and the importance of collaboration among advisors working with this important and quickly growing demographic. Listen to a recording of the audio presentation here. You can also view the presentation in PDF format with this link. For more information on the presentation or to learn more about modern U.S. trust laws and their impact on planning for international families please contact us.
This webinar entitled “Modern Trust Laws: Are Irrevocable Trusts Really Irrevocable?” was originally produced on Wednesday, April 19, 2016. We hope that you enjoy the full recording of the presentation and additional resources offered below. This webinar was hosted by Bridgeford Trust Company President and CEO, David Warren. This webinar examined modern trust laws in the context of their impact on traditional notions of trust planning using irrevocable trusts. We specifically discussed control mechanisms now available to planners, settlors of the trusts, and beneficiaries such as the directed trust, trust protectors, the family advisor and decanting and their dramatic impact on trust planning and the trust industry overall. Watch or listen to a recording of the presentation below.
Bridgeford Trust will be featured as a speaker for the May 17th STEP Southwest Florida meeting taking place in Naples. David A. Warren, President and CEO of Bridgeford Trust, will be speaking about the power of South Dakota’s modern trust laws and why that state has emerged as the jurisdiction of choice for international families and their advisors seeking a U.S. trust solution. STEP is a global professional association for advisors specifically specializing in family inheritance and succession planning in the international space. STEP works to improve public understanding of issues facing international families, promote education, and strongly encourage very high professional standards among their members and practitioners.
David Warren, President and CEO of Bridgeford Trust, will be presenting at the M Financial International Advisors Conference taking place in Miami from May 22-24. As the United States has recently been recognized as a worldwide tax and privacy haven, this conference is designed to exclusively focus on issues and planning opportunities around working with international families coming to the United States from around the world. It will feature presentations from many of the leading advisors in the international space. David will be presenting as part of a panel discussion entitled Foreign National Client Profiles: Where in the World Are They and What Do They Look Like?, which will examine where individual wealth is growing the fastest around the world and how that wealth impacts the global community.
Bridgeford Trust is pleased to announce our upcoming webinar entitled “Modern Trust Laws: Are Irrevocable Trusts Really Irrevocable?” This webinar will take place on Wednesday, April 19, 2017 at 2 PM EST. This webinar will be hosted by David Warren, President and CEO of Bridgeford Trust. The webinar will examine modern trust laws in the context of their impact on traditional notions of trust planning using irrevocable trusts. We will specifically discuss control mechanisms now available to planners, settlors of the trusts, and beneficiaries such as the directed trust, trust protectors, the family advisor and decanting and their dramatic impact on trust planning and the trust industry overall.
Directed Trusts, only available in a handful of states across the country including South Dakota, continue to drastically change the trust world through unbundling asset management and trust administration functions, putting control back into the hands of settlors, beneficiaries, and their advisors. Through bifurcating liability, the directed trust model creates a legal framework allowing trustees and beneficiaries to work with asset managers and independent trust companies of their choosing. Click here for an article appearing in Worth Magazine and featuring Bridgeford Trust’s President and CEO, David A. Warren, JD, discussing the nuances of this powerful planning tool.
South Dakota is once again ranked, for the fourth consecutive year, as having the top decanting statute in the nation! Published by Nevada attorney Steve Oshins, the new 4th Annual Trust Decanting State Rankings Chart is an excellent resource for advisors and clients because of his methodical and objective approach to evaluating the factors that impact the viability of a state’s decanting statute. The concept of decanting has become a very powerful tool for planners to modify irrevocable trusts and has emerged as one of the most progressive planning strategies available in dealing with dynasty planning issues. Appropriately referred to as a “do over,” decanting essentially distributes assets from an irrevocable trust into a new trust with different, and presumably more desirable and flexible terms, leaving the unwanted terms in the original trust and not binding on the assets.