Directed Trusts – Empowering Families and Their Advisors

The Directed Trust, only codified and available in a handful of states across the country including South Dakota, continues to drastically change the trust world through putting direction and control over many important aspects of trust administration back where it belongs…into the hands of settlors, beneficiaries, and their advisors. Essentially, through bifurcating fiduciary roles and 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 while having influence over discretionary distributions without disrupting planning objectives or the integrity of the trust instrument.

For more information around how the directed trust concept works to empower settlors, beneficiaries, and their advisors while revolutionizing the trust and wealth management industry, click here and watch the short video below.

South Dakota’s directed trust statute has been recognized as among the best in the nation. As a South Dakota chartered trust company, Bridgeford Trust Company can work collaboratively with clients and their long-time trusted advisors while delivering industry leading fiduciary capability. Contact us to learn more.

Delivering Direction and Control Podcast Series – Episode 15 with Ann Zuraw

Episode 15 is now available on Bridgeford Trust Company’s Delivering Direction and Control Podcast Series! Head on over to our podcast page at bridgefordtrust.com/podcasts to hear the latest episode!

Episode 15 features David Warren – Co-Founder/Chairman of the Board of Bridgeford Trust Company and President/CEO of Bridgeford – and guest, Ann Zuraw – President of Zuraw Financial Advisorsfor a discussion on her background and how it has shaped her firm’s investment strategy, values and commitment to serving and empowering women to take active roles in their own financial future. David and Ann also discuss modern trust laws and the unique advantages that South Dakota trusts present in terms of security and privacy as well as taxation and overall flexibility.

Our Podcast Series was developed to educate, challenge, and inspire listeners. As we interview experts in the trust planning arena, we keep listeners updated on developments regarding modern trust law and provide practical discussion on the powerful planning opportunities available to advisors around the country and the world – all in an effort to deliver far more direction and control to clients and their advisors than ever before.

You can listen on our podcast pageSoundCloudiTunesSpotify, and iHeartRadio. We hope you enjoy Episode 15!

Bridgeford Trust to Sponsor STEP Orange County’s 2021 Virtual Conference

Bridgeford Trust is excited to be the Title Sponsor for the 10th Annual Institute on Tax, Estate Planning and the World Economy, presented by STEP Orange County. Taking place on February 8-9, 2021, this much anticipated virtual conference presents the latest issues for U.S. and international private client planning.

For a myriad of reasons, including asset protection and privacy, international families from around the world are seeking U.S. trust solutions, and looking specifically to South Dakota because of its leading and progressive modern trust laws. Below are links to educational pieces that may be of interest to advisors working in the international space with clients interested in a U.S. trust solution.

Foreign Grantor Trust – https://www.bridgefordtrust.com/services/foreign-grantor-trust/

Common Reporting Standard – https://www.bridgefordtrust.com/common-reporting-standard/

Our team will be attending the virtual conference and if you are going to be there as well, we encourage you to access our virtual booth from the STEP OC Showcare platform. You can visit our booth through the “Exhibitors” category to learn more about our company, view resources we’ve provided, and chat with our team!

There’s still time to register, so be sure to visit the conference website by clicking here.

STEP Miami Regulation S and US Trusts Event: Video Presentation Available

On January 13, 2021, STEP Miami – led by Branch Chair, Ceci Hassan – held a very timely and informative virtual event to discuss Regulation S and US Trusts. The event featured presenters, David Warren, Co-Founder and Chairman of Bridgeford Trust Company, Sergio Alvarez-Mena, Of Counsel at Jones Day, Kristen Rice-Gonzalez, Partner at Baker & McKenzie LLP,  and Dave Diamond, President of The Northern Trust Company of Delaware.

The speakers took attendees through the Regulation S dilemma where there is a US trust with foreign persons and limitations on investments that may apply under the parameters set forth by Regulation S. They also reviewed different state law perspectives (South Dakota, Nevada, and Delaware) and discussed possible solutions.

If you missed the event, we encourage you to watch the full presentation by clicking here. And please reach out to us via our contact form should you have any questions on the content that was presented; we’d be happy to discuss further!

Delivering Direction and Control Podcast Series – Episode 14 with Martín Litwak

Episode 14 is now available on Bridgeford Trust Company’s Delivering Direction and Control Podcast Series! Head on over to our podcast page at bridgefordtrust.com/podcasts to hear the latest episode!

Episode 14 features David Warren – Co-Founder/Chairman of the Board of Bridgeford Trust Company and President/CEO of Bridgeford – and guest, Martín Litwak – Founder and CEO of Untitled. Martín is a lawyer, entrepreneur, author, speaker and experienced subject matter expert and this episode explores his work with international families and wealth structuring, wealth preservation, and fund structuring. Martín is also CEO of Smart Structuring, a blockchain interface that allows trustees to save and manage trusts in a secure, perpetual and transparent way and this episode discusses this intriguing solution to privacy concerns in the trust industry.

Martín is also Founder of The 1841 Foundation, a non-profit that promotes tax competition as well as strong property and privacy rights around the globe. We encourage you to follow the work that Martín is doing with this organization by connecting with The 1841 Foundation on Twitter by clicking here.

Our Podcast Series was developed to educate, challenge, and inspire listeners. As we interview experts in the trust planning arena, we keep listeners updated on developments regarding modern trust law and provide practical discussion on the powerful planning opportunities available to advisors around the country and the world – all in an effort to deliver far more direction and control to clients and their advisors than ever before.

You can listen on our podcast pageSoundCloudiTunesSpotify, and iHeartRadio. We hope you enjoy Episode 14!

Webinar Recap – The U.S. as the International Trust Jurisdiction of Choice for Privacy, Asset Protection, and Tax Planning

This webinar was originally produced on Wednesday, December 16, 2020. We hope that you enjoy the full recording of the presentation and additional resources offered below.

As the U.S. has become both a tax and privacy haven, wealthy families from around the world are seeking U.S. trust solutions. During this webinar, David Warren – Co-Founder and Chairman of Bridgeford Trust Company – examined various worldwide factors for this historic movement of money into the U.S. including FACTA, CRS, secrecy v. privacy, tax evasion v. tax planning, and asset protection. The presentation also considered and objectively compared U.S. trust jurisdictions, accentuating the vital importance of selecting the correct U.S. trust situs for international families. International trust providers operating in the U.S. were also considered and juxtaposed with U.S. trust companies regarding expertise, client service, and regulatory expertise and oversight. David concluded with a discussion of various privacy, tax, and asset protection planning tools available to international families in the U.S.

You can download a copy of the slides by clicking here.

During this webinar, attendees:

  • Gained an understanding of CRS (Common Reporting Standard) and its huge impact on the international community.
  • Developed an appreciation for the difference between secrecy and privacy, and why it matters in the planning process.
  • Examined U.S. trust jurisdictions and understood the vital importance of proper situs selection for international families.
  • Explored specific privacy, tax, and asset protection planning tools available in the U.S. for international families using a foreign grantor trust.
  • Compared trust providers and examined important factors and attributes relative to trust company selection.

If you have any questions regarding the material covered in this webinar, please contact us via our contact page.

Bridgeford Trust to Present on WealthManagement.com’s Upcoming Wealth Planning Forum

WealthManagement.com — considered the leading resource for wealth advisors and planners — is presenting a series of live, interactive panel discussions on December 15, 2020, focusing on the current state and future direction of wealth planning. The panels feature executives from WealthManagement.com’s 2020 award finalist firms and industry experts.

Bridgeford Trust Company was honored to be named a finalist for WealthManagement.com’s 2020 Industry Awards over the summer. To read more about our nomination, click here. To visit our profile on WealthManagement.com, click here.

David A. Warren, Co-Founder and Chairman of Bridgeford Trust Company, will be presenting on this upcoming panel discussion entitled “How Family Offices are Evolving to the Priorities of Growing and Protecting Wealth.” As one of the most important challenges facing family offices is how to balance investment growth and investment risk, this session will discuss how family office wealth management is transforming by innovating and extending investment services offered, industrializing business structure and operations, and unlocking digital and technology.

The panel members bring decades of experience as successful entrepreneurs and professionals working with family offices, families and their investments, and include:

  • David A. Warren, Co-Founder and Chairman of the Board, Bridgeford Trust Company
  • Bill Woodson, Executive Vice President, Head of Wealth Advisory and Family Office Services for Boston Private
  • Jack Swift, Chief Executive Officer, the Tifin Group
  • Steve Lockshin, Founder and Principal, Advice Period

During the discussion, these family office wealth management experts will offer new ideas and approaches to protect, improve, and grow your family office while avoiding common pitfalls.

You can learn more and register for this upcoming forum at: https://wealthiescircle.com/digital-forum-wealth-planning/.

Bridgeford Trust to Sponsor STEP Miami’s Upcoming Webinar on December 9

The world is changing rapidly in terms of artificial intelligence, healthcare, geopolitical shifts, biotechnology, and more. What are the most important trends to focus on for you, your family and your business? Bridgeford Trust is looking forward to sponsoring this upcoming webinar hosted by STEP Miami on December 9 from 12:00pm-1:00pm EST.

The webinar features Jamie Metzl, a leading futurist, geopolitical expert, science fiction novelist, and media commentator and a Senior Fellow of the Atlantic Council who has served in the White House, State Department, and United Nations. In February 2019, Jamie was appointed to the World Health Organization expert advisory committee on developing global standards for the governance and oversight of human genome editing. His latest book, “Hacking Darwin: Genetic Engineering and the Future of Humanity” is just an example of Jamie’s wide breadth of knowledge he provides.

In 60-minutes, Jamie will dive into three key topics for our future, impacting all aspects of our lives:

  • Hacking Darwin: Genetic Engineering & the Future of Humanity. Far sooner than most of us think, the genetics revolution will transform the world within and around us; how will this impact us?
  • Rising China and the Shifting Geopolitics of Asia. Fast-rising China is not just changing Asia, it is fundamentally transforming the global order; how businesses and others must prepare.
  • Competition & Innovation at the Technology Frontier. Converging political, geopolitical, and technology revolutions are making now the greatest moment of global change since 1945; where are we headed and key principals for the rising tide.

STEP members can learn more and register at:
http://events.r20.constantcontact.com/register/event?oeidk=a07ehfbjcmae7d57a61&llr=56x6kmeab.

Webinar – The U.S. as the International Trust Jurisdiction of Choice for Privacy, Asset Protection, and Tax Planning

Bridgeford Trust Company invites you to join us for this free one hour-long webinar on Wednesday, December 16th at 2pm EST.

As the U.S. has become both a tax and privacy haven, wealthy families from around the world are seeking U.S. trust solutions. During this webinar, David Warren – Co-Founder and Chairman of Bridgeford Trust Company – will examine various worldwide factors for this historic movement of money into the U.S. including FACTA, CRS, secrecy v. privacy, tax evasion v. tax planning, and asset protection. The 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. International trust providers operating in the U.S. will also be considered and juxtaposed with U.S. trust companies regarding expertise, client service, and regulatory expertise and oversight. David will conclude with a discussion of various privacy, tax, and asset protection planning tools available to international families in the U.S.

During this webinar, attendees will:

  • Gain an understanding of CRS (Common Reporting Standard) and its huge impact on the international community.
  • Develop an appreciation for the difference between secrecy and privacy, and why it matters in the planning process.
  • Examine U.S. trust jurisdictions and understand the vital importance of proper situs selection for international families.
  • Explore specific privacy, tax, and asset protection planning tools available in the U.S. for international families using a foreign grantor trust.
  • Compare trust providers and examine important factors and attributes relative to trust company selection.

We look forward to you joining us!

Delivering Direction and Control Podcast Series – Episode 13 with Christian Graham

Episode 13 is now available on Bridgeford Trust Company’s Delivering Direction and Control Podcast Series! Head on over to our podcast page at bridgefordtrust.com/podcasts to hear the latest episode!

Episode 13 features David Warren – Co-Founder/Chairman of the Board of Bridgeford Trust Company and President/CEO of Bridgeford – and guest, Christian Graham – Director of Relationship Management at GlobeTax – for a discussion on foreign tax recovery and the specialized services GlobeTax provides to enable all financial industry participants to benefit from the recovery of over-withheld taxes.

Our Podcast Series was developed to educate, challenge, and inspire listeners. As we interview experts in the trust planning arena, we keep listeners updated on developments regarding modern trust law and provide practical discussion on the powerful planning opportunities available to advisors around the country and the world – all in an effort to deliver far more direction and control to clients and their advisors than ever before.

You can listen on our podcast pageSoundCloudiTunesSpotify, and iHeartRadio. We hope you enjoy Episode 13!