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Nexxess Trust Executive Summary

title 26 trust

The Nexxess Trust is an irrevocable and complex trust that offers ultimate privacy, tax advantages, and asset protection to its clients from the moment of creation. Unlike living trusts which only bypass probate, Nexxess Trusts offer benefits both during life and after death. Nexxess Trusts are spendthrift trusts which are legal entities that allow for the transfer, control, and management of assets for the benefit of the beneficiaries while protecting the assets from creditors, deferring taxes, and minimizing legal and estate tax complexities.

The trust is structured to be Complex, Irrevocable, and Non-Grantor to protect it from any creditor or IRS claims. The Spendthrift Provision is a critical element of the trust document that protects the corpus assets from creditors, except for a few exceptions. The Discretionary terms and conditions of the trust give the trustee(s) sole and absolute discretion in determining the distribution of the corpus assets to beneficiaries. The trust also maximizes five living benefits: Ultimate Asset Protection, Asset Control, Asset Privacy, Tax Advantages, and Peace of Mind. Finally, the Internal Revenue Code provides specific rules for discretionary trusts, which offer advantages such as not being subject to capital gains taxes when selling assets as long as the proceeds are returned to the Trust corpus.

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Client Testimonials

What our Honorable Clients think about us?

D. Krueger, San Luis Obispo CA

Gratitude Abounds, Inc

"I wanted to let you know how much I have appreciated the people and services. Everyone has been extremely helpful and made themselves available to assist me with personal questions and additional information. I feel confident that I have made a good choice for my financial needs."

S. Fox, Avon OH

Brainview Training Institute, Inc.

"Thank you for your answers. I feel a little bit uncertain that's why I ask so many questions. I just want to do everything legally. So thank you so much for all the hard work you do in our behalf. Thank you, thank you, thank you! And thank you for being patient with me.

D. Toth, Farmington Hills MI

Dokido, Inc.

"John, your 3 chapters 8-10 are awesome in your Fortress binder. I like the 6th line of defense... Offshore! I carry this binder everyday to Panera Bread."

C. Praamsma, San Marcos CA

The Cyrus Group, Inc.

"Thank you John for all you did with getting in and getting us set up. Those are the times when integrity is tested to the max and you came out smelling like a rose! We FINALLY have our Caye Bank account opened and ready to invest. Much appreciated."

B. Minter, Las Vegas NV

New World Wellness Concepts, Inc.

"Thank you for taking time out during your vacation to reply to my email. As always, the information you provided is most helpful. Thank you as well for addressing my questions on last Tuesday's public call. The masterful way you wove my questions into your informative discussion was quite impressive! I am scheduled to speak with Joe Craft this morning for further clarification regarding the Roth IRA questions. I will also reach out to Brian Davis as you suggest. Thanks again!"

B. Roberts, Grandview TX

Whitestone Corporation

"Anyone who is in business or is thinking about opening a business of any size or magnitude needs the resources that you offer. Having dealt with them for the last 4 years, the peace of mind that comes with each question or phone call is worth every dime. As a business owner I have little time to think or to worry about trivial situations or issues. A call to Judy is a joy. A call to John is proof of a commitment and a passion rarely seen in the business arena. You can rest at night knowing John has the answers."

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