Delivering

Direction and Control

Non-Traditional Assets

Bridgeford Trust Company understands that trusts were not created just to hold liquid investible assets. To the contrary, they were created to hold and transfer a myriad of property interests in a tax efficient manner while maintaining control over assets for the benefit of beneficiaries. For this reason, trust planning and the ability to work with non-traditional assets in trust is clearly an essential component of overall wealth planning, particularly for affluent and ultra-affluent families.

However, many bank trust departments refuse to work with non-traditional assets, forcing wealthy families to appoint individual trustees to handle non-traditional assets. This is ironic since non-traditional assets are typically the most complicated to administer and carry the most liability.

“Multi-family offices with independent trust powers are far more flexible with regard to holding non-traditional assets and are both objective and creative in addressing the overall wealth management needs of the affluent.”

As an independent trust company with access to one of the most progressive trust jurisdictions in the nation, Bridgeford Trust Company has the ability, desire, and infrastructure to work with non-traditional assets in trusts. Remaining true to our commitment to serve affluent families with unique wealth planning needs, we will explore holding the following non-traditional assets in trust:

  • Real Estate (Commercial and Residential)
  • Closely Held Stock
  • Partnerships
  • 831(b) Micro Captives
  • Artwork
  • Automobiles
  • Cryptocurrency

For more information on cryptocurrency and its integration within trusts, contact subject-matter expert and Bridgeford Trust collaborator, Sweetwater Digital Asset Consulting, LLC.

For any questions or more information regarding Bridgeford Trust Company’s work with non-traditional assets in trusts, call (605) 224-9189 or contact us online.

Subscribe

Connect with us online to stay on top of today’s latest developments regarding modern trust law and discussions around powerful planning opportunities! You can sign up to receive insights via our blog or through our social networks.

Click here to learn more and subscribe.

© Copyright 2024 - Bridgeford Trust Company

The information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal and/or tax advice for any individual case or situation. The information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship. All information and material appearing on bridgefordtrust.com is copyrighted. Reproduction in whole or in part is not permitted without written permission.
You are now leaving Bridgeford Trust Company's website and are being redirected to a website that is external to and independent of Bridgeford Trust Company.