If you think you’re paying too much in taxes and/or you need to lock down your personal and business assets with 100% lawsuit-proof asset protection, visit Calendly link below and schedule a free one-on-one consultation with me.

www.calendly.com/dohnthornton/30min

If you want to get some more information about this amazing tax reduction and asset protection strategy, go to this website:

I’m Dohn Thornton. I’m a Senior Trust Specialist. I’ve been an ultra-successful real estate investor in Florida since 2003. I’ve dominated the short sale market in Florida for almost 20 years. I decided that I was paying WAY too much money in taxes all these years and, luckily, I found out about this incredible strategy that helps me legally reduce my taxes to almost ZERO, while getting 100% lawsuit-proof asset protection. I decided to get the word out to as many people as possible so that they can also help keep more of their hard-earned money in their pocket.

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I am not a licensed tax advisor. I do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction….(read more)

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As people start to age, concerns about their financial future usually start to arise. These concerns may be exacerbated by a lack of knowledge on how best to manage their finances, which could lead to issues like overspending and investments that don’t yield expected returns.

Thankfully, in the United States, there are various means of securing one’s financial future, one of which is through a financial trust. There are different types of financial trusts, two of which are The Spendthrift Trust and Self-Directed IRA.

The Spendthrift Trust is a type of trust that is set up for the benefit of an individual, commonly known as the beneficiary. The trust ensures that the beneficiary’s inheritance is protected from unwanted situations, such as frivolous spending, bankruptcy, or legal judgments. The trustee, the person chosen to manage the trust, ensures that the funds are managed prudently and distributed according to the terms of the trust.

On the other hand, a Self-Directed IRA is an investment account that allows individuals to invest in various investment options, such as stocks, bonds, mutual funds, real estate, and precious metals. Unlike a traditional IRA, which would limit investment options to traditional investments like stocks and bonds, Self-Directed IRAs give account holders greater control over their investment decisions.

While both The Spendthrift Trust and Self-Directed IRA have their advantages and disadvantages, they serve different purposes, and choosing one over the other ultimately depends on the individual’s financial goals and circumstances.

For instance, if an individual is concerned about overspending or lacks financial discipline, The Spendthrift Trust may be the better option. It ensures that their inheritance is protected, and the trustee can manage the funds according to the terms of the trust. The Spendthrift Trust’s terms and conditions outline how funds are distributed and, in some cases, sets limitations on the amount and frequency of the distributions.

On the other hand, if an individual wants more control over their investment portfolio, a Self-Directed IRA is a better choice. They have more investment options and can select investments they are comfortable with, thus potentially yielding higher returns. Additionally, Self-Directed IRA owners are not limited to traditional investment options and can choose from a wider range of investment options.

In conclusion, both The Spendthrift Trust and Self-Directed IRA have their advantages and disadvantages. When deciding between the two, individuals should carefully assess their financial goals and circumstances to determine which option will best serve their needs. Part 2 will cover the advantages and disadvantages of each option in more detail.