 
TRUSTS FOR VEHICLES - THE BASICSSpecial Private Asset TrustVehicles are usually required to keep a job. You must have transportation. Most people cannot make an income without their car or truck. You can protect your car, truck, and boats from liens, lawsuits, divorce, and judgments. You decide who will drive, service, care for, and always be in control, without fear or risk. You decide who will safely manage, ride, store, repair, and protect your vehicles.Trusts for vehicles are valid in all states and can last for generations. A trust for more than one vehicle is permitted. You can provide for all family members, your other assets, your home, your banking, and your business too. The trust plan can provide that the trust will be enforced by a person selected by you. Ideally, the trust can also provide for a succession of caretakers in the trust agreement. In some ways, it is better than insurance, and has no monthly fees. Protection is automatic, and privacy is a bonus. Special consideration and benefits are also available. For example, the trust could cut the costs of selling a vehicle, title fees upon selling a house, title insurance, and maybe even transfer taxes. The trust agreement will contain authorization for you to make important decisions. We provide answers to all of your questions. A Private Asset Trust is designed to protect you now, during your increase (or decrease) in personal wealth.
 |