The Trust was designed with consideration to the recognized works of Professor Austin Scott, author of the definitive law on trusts, titled “Scott on Trust”, and updated for compliance with the Uniform Trust Code and the Restatement Third of Trusts.
Our Copyright Spendthrift Trusts are in compliance with all Internal Revenue Service Statutes and Codes on Estates, Trusts and Beneficiaries, as well as with “Scott on Trust”, the Uniform Trust Code and the Restatement Third of Trust. Relevant IRS code sections are Title 26, Subtitle A, Chapter 1, subchapter 1, Part 1, Sections 59, 67, 543, 553, 927 Subpart A Section 641; Section 643, Subparts A, B, C and D, and including Section 651, Sections 672, 673, 674, 675, 676, 677 and 678. The Spendthrift Trust is recognized by the IRS as a complex, discretionary non-grantor irrevocable Trust. This Trust is designed to be recognized by the IRS as a legitimate Trust under the IRC.
Because of key factors and characteristics, The Resolute Trusts have become the ideal entity for asset protection and tax planning. Our copyrighted trust provides tax advantages and ease of management that meets the requirements and standards necessary to enjoy these advantages.