Asset Protection Planning

How is an APT Funded.

Funding can occur during your lifetime by gifting and sale transfers and/or it can be funded following your passing or the passing of your spouse

• Assets that are gifted while you are alive (including appreciation on those assets) will not be included in your estate upon your passing, for Federal Estate Tax purposes.
• If you will not have a taxable estate, then an APT may be created or funded following your passing or the passing of your spouse.
• The primary APT can be divided into as many "sub" APTs as needed upon your passing. Each beneficiary may then take over as trustee of his or her own APT for his or her benefit.

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