corporate-transparency-act-podcast

corporate-transparency-act-podcastEpisode 37 is now available on Bridgeford Trust Company’s Delivering Direction and Control podcast series! In this episode, David Warren – Co-Founder and Chairman of Bridgeford Trust Company – sits down with guest, Mike Montali – CEO of Harbor Compliance. Listeners will discover the fascinating journey of Harbor Compliance, from inception to their exponential growth in becoming a leading provider of compliance solutions for businesses and nonprofit organizations. Their purpose-built software platform and managed services are designed to streamline the complex landscape of multistate government licensing compliance, allowing businesses and organizations to effortlessly put compliance on autopilot, ensuring seamless operations and peace of mind.

As they continue their conversation, David and Mike take a focused turn towards the Corporate Transparency Act (CTA) and its implications. We learn how Harbor Compliance’s cutting-edge technology securely handles the requirements of the CTA, from information collection to storage and filing, providing a “single source of truth” for those who are affected by the new reporting requirements with absolute minimal disruption to their business.

You can listen to our latest episode on Bridgeford’s podcast page, Apple PodcastsGoogle PodcastsiHeartRadioSpotify, and SoundCloud.

Bridgeford Trust Company’s Delivering Direction and Control podcast 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 trust 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. Check out all of our episodes here: bridgefordtrust.com/podcasts.

If you have questions on any of the topics discussed in this latest episode, don’t hesitate to reach out to us via our contact form or call us at (605) 224-9189.

step-oc-sponsor

step-oc-sponsorBridgeford Trust Company is proud to be the title sponsor of STEP Orange County’s 12th Annual Institute on Tax, Estate Planning, and the World Economy! Taking place on February 15-17, 2024, at the Balboa Bay Club in Newport Beach, California, this much anticipated event presents the latest issues for U.S. and international private client estate planning with a stellar line up of presenters.

David Warren – Co-Founder and Chairman – and Doug Mikkonen – Senior Vice President and Senior Trust Officer – will be attending this year’s institute and would love to talk with you about the South Dakota Advantage and how we may be able to collaborate to best serve the international community.

If you are going to be there, be sure to stop by Bridgeford’s exhibit table or contact us so we can meet at one of the events or grab a drink or dinner together. If you are not attending the conference, but are in the area, please reach out to Bridgeford Advisors’ California office to connect another time!

The Power of U.S. Trusts for International Families

The United States continues to be the jurisdiction of choice for international families because of powerful modern trust law planning tools available in top-tier jurisdictions such as South Dakota, including Foreign Grantor Trusts and Domestic Asset Protection Trusts as well as progressive privacy trust laws and tax planning opportunities. These are just a few of the unique planning solutions available under South Dakota law that are important for families across the globe to consider when selecting the best U.S. trust situs.

As you talk with our team at this year’s institute, we encourage you to ask any questions you have on these planning nuances and learn how Bridgeford Trust Company offers domestic and international families across the country and around the world a conflict-free, personalized, and non-institutionalized approach, embracing a new trust industry paradigm that has emerged.

We hope to see you in California! If you would like additional details about the event, visit STEP OC’s 2024 Institute website at: https://february2024.stepoc.org/.

life-insurance-podcast

life-insurance-podcastEpisode 36 is now available on Bridgeford Trust Company’s Delivering Direction and Control podcast series! In this episode, David Warren – Co-Founder and Chairman of Bridgeford Trust Company – sits down with guest, Steven Zeiger – Managing Director of KB Financial. Steven utilizes the only patented prudent processes for life insurance selection and retention and joins David for an intriguing discussion on the legal guidance on life insurance illustrations from FINRA, the UPIA, adjudicated lawsuits, NYS DFS, the CFP Board, and the NAIC. Steven is well known in this area of study and has been asked to educate members of STEP, NAEPC, PLI, NYC EPC, the ABA, the CFA Society, FI 360/Broadridge, and dozens of other groups on the application of prudent investor guidelines to life insurance product selection and portfolio management.

Life insurance illustration comparisons are confusing and misleading according to industry regulators, but independent research can provide the clarity that fiduciaries crave in terms of easing their frustrations related to life insurance: conflict of interest and lack of transparency. Independent research offers the “full story” that is not available with typical life insurance illustration analysis, and research helps advisors understand which policy will lead to a better outcome for their clients. This episode expands on Steven’s life insurance guidance and research as well as Monte Carlo simulations for life insurance.

You can listen to our latest episode on Bridgeford’s podcast page, Apple PodcastsGoogle PodcastsiHeartRadioSpotify, and SoundCloud.

Bridgeford Trust Company’s Delivering Direction and Control podcast 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 trust 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. Check out all of our episodes here: bridgefordtrust.com/podcasts.

If you have questions on any of the topics discussed in this latest episode, don’t hesitate to reach out to us via our contact form or call us at (605) 224-9189.

step-silicon-valley

step-silicon-valleyBridgeford Trust Company is looking forward to being the featured speaker at STEP Silicon Valley’s February meeting, scheduled for Thursday, February 22, 2024, in Palo Alto, California. If you’re in the area, we invite you to join us for an educational session led by David Warren, Co-Founder and Chairman of Bridgeford Trust Company.

During the presentation, David will guide attendees through an overview of powerful modern trust law planning tools available in top-tier trust jurisdictions. With a primary focus on asset protection, privacy, and tax planning, he will provide valuable insights into how these tools keep control where it belongs – with families and their advisors through the use of directed trusts and trust protectors. David will go on to offer an objective comparison of top-tier U.S. trust jurisdictions, while emphasizing the vital importance of selecting the proper trust jurisdiction under current statutory guidance and emerging case law. The presentation will also review the “Death of INGs” in California, highlight information on newly enacted directed trust law in California and the Uniform Income and Tax Act and its potential implications, as well as consider whether there is a fiduciary duty to move trusts to a more favorable trust jurisdiction for tax and asset protection planning.

Event Information

  • Date: Thursday, February 22, 2024
  • Location: Fleming’s Prime Steakhouse & Wine Bar (180 El Camino Real, Palo Alto, CA 94304)
  • Agenda:
    • 4:30-5:00pm – Arrival/Networking
    • 5:00-5:15pm – STEP SV Update from Mark Jamison, Chairman STEP SV
    • 5:15-6:30pm – Presentation/Q&A
    • 6:30-7:30pm – Networking/Wrap Up
  • Register at: https://bridgeford-stepsv.eventbrite.com

If you have any questions on attending this complimentary event, please reach out to Melissa Roberson, Global Marketing & Digital Media Director, at mroberson@bridgefordtrust.com. We look forward to seeing you there!

Bridgeford Trust Company is looking forward to sponsoring the 42nd Annual International Tax Conference, hosted by the Florida Institute of Certified Public Accountants and the Florida Bar Tax Section, taking place on January 18-19, 2024, at the JW Marriott Miami. With changes and developments happening in international tax every day, this conference provides the knowledge needed for international tax professionals to assist in the various challenges they face in this dynamic field.

David WarrenCo-Founder and Chairman of Bridgeford Trust Company – and Chris Halverson – Managing Director of Bridgeford International and Senior Trust Officer at Bridgeford Trust Company – will be attending the event and would love to talk with you about why South Dakota is routinely ranked among the best trust jurisdictions in the United States because of its powerful modern trust law concepts around asset protectionprivacy, and sophisticated tax planning which are outlined in this education piece.

As a South Dakota chartered independent trust company, we are passionate about “big ideas” and have embraced the new trust industry paradigm with a conflict-free, personalized, and non-institutionalized approach that allows us to deliver unmatched direction and control to clients and their advisors. David and Chris would be happy to discuss these concepts and more in greater detail, as well as how we can collaborate to serve families across the nation and around the world.

If you have any questions about our time at the conference or would like to connect with our team, be sure to reach out to us. And as always, if you have questions on any of the topics discussed above, call us at (605) 224-9189 or send us a note through our contact form. We hope to see you there!

podcast

episode-30-litigator-judge-trusteeEpisode 35 is now available on Bridgeford Trust Company’s Delivering Direction and Control podcast series! In this episode, David Warren – Co-Founder and Chairman of Bridgeford Trust Company – sits down with guest, Craig Redler – Attorney and Asset Protection Specialist. Craig has over twenty years of estate planning experience and has held positions all over the world including stints with Amicorp in its offices in Auckland, New Zealand and Miami, Florida, as well as Southpac Trust International, Inc. in its offices in the Cook Islands and Tauranga, New Zealand. Craig is the only attorney in the U.S. who has lived in the Cook Islands to work in the fiduciary industry there. These experiences honed his expertise in asset protection, and he now provides asset protection planning services to clients across the country and around the world.

During their conversation, we learn more about Craig’s experiences serving as trustee for domestic and offshore trusts and designing and managing structures on behalf of high-net-worth families worldwide. They go on to discuss why Craig went back into the private practice of law and our shared belief that advisors have a fiduciary duty to research and select the the most sophisticated and powerful asset protection tools for settlors and beneficiaries of trusts.

You can listen to our latest episode on Bridgeford’s podcast page, Apple PodcastsGoogle PodcastsiHeartRadioSpotify, and SoundCloud.

Bridgeford Trust Company’s Delivering Direction and Control podcast 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 trust 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. Check out all of our episodes here: bridgefordtrust.com/podcasts.

If you have questions on any of the topics discussed in this latest episode, don’t hesitate to reach out to us via our contact form or call us at (605) 224-9189.

ings-california

For those of you who couldn’t join us in California for our recent presentation on the Death of INGs, we invite you to watch the full recording of this presentation that discusses California’s move to abolish incomplete non-grantor (ING) trusts and potential “workarounds” as to how clients with existing INGs in California can move forward and retool their trust to salvage essential and very prudent state tax planning.

During the presentation, David Warren, Bridgeford Trust Company’s Co-Founder and Chairman, and William Lipkind, Attorney, Partner, and Chair of Wilson Elser’s Tax Planning & Controversies Practice and a true expert in the ING space, helped advisors and their clients understand that there is still hope for California residents to find victory in the tax space, as there are still powerful tax planning tools and strategies available in top-tier jurisdictions, such as South Dakota, with or without the use of ING.

The Death of INGs – Additional Resources:

  • Listen to our latest podcast episode that goes into further detail on the legislation and how to interpret it.
  • Download a copy of the presentation slides by clicking here.

We hope that you find value in the presentation and these additional resources. As always, if you have any questions, please contact us via our contact form or call us at (605) 224-9189.

modern-trust-law-webinar

If you weren’t able to join us for our recent webinar on Wednesday, December 6, 2023, you can now watch the full recording of this webinar presentation that discusses modern trust law and the evolving trust industry. This webinar offered further conversation on our Independent v. Institutionalized Trust Companies article that has garnered much attention throughout the advisor community as it addresses the U.S. trust industry transformation, a new paradigm, and the influx of international financial services providers and private equity firms all looking for a “piece of the action.”

During the webinar, David Warren, Co-Founder and Chairman of Bridgeford Trust Company, walked attendees through:

  • An examination of the evolution of the trust industry over the past 40 years, what it means, and the opportunities it presents for settlor of trusts, beneficiaries, and their advisors, as well as the vital importance of proper situs selection and trust independence.
  • A cautionary review of how the new paradigm has ushered in large, international, multifaceted, and highly institutionalized financial services providers from all over the world establishing trust companies in top-tier U.S. jurisdictions: an unfortunate development for the U.S. trust industry for many reasons.
  • A consideration of the powerful modern trust law planning tools available in top-tier trust jurisdictions around asset protectionprivacy, and compelling state and federal tax planning – all achievable while maintaining great direction and control over critical aspects of trust administration.
  • An analysis of whether there is a fiduciary duty on the part of advisors and trustees to use top-tier trust jurisdictions in the planning process, and to embrace the new paradigm in the trust world, with a focus on providing truly independent and conflict-free trust solutions for families across the nation and around the world.

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

We hope that you enjoy the full recording of the presentation, and if you have any questions regarding the material covered in this webinar, please contact us via our contact form or call us at (605) 224-9189.

heckerling-2024

heckerling-2024Bridgeford Trust Company is looking forward to sponsoring the annual Heckerling Institute on Estate Planning from January 8-12, 2024 in Orlando, Florida again this coming year. Each year, we look forward to getting together with friends and colleagues in the industry as we share ideas and learn about what’s happening in the trust industry.

If you are attending, we encourage you to learn more about our activity at Heckerling 2024 below as you can attend our sponsored receptions and visit with our leadership team at our exhibit booth!

Pre-Institute Golf and Reception – January 7, 2024

Join us on Sunday, January 7 for a golf outing and cocktail reception in advance of the 2024 Heckerling Institute on Estate Planning. This event is sponsored by Bridgeford Trust Company, Nelson MullinsMadison Insurance Group, and Reid CPAs and includes an afternoon of complimentary golf at the Rees Jones golf course followed by food and drinks at the Waldorf Astoria Golf Club, located at 14224 Bonnet Creek Resort Lane, Orlando, FL 32821.

Golf is scheduled to begin at 12:40pm and the reception will follow at 4:30pm. If you would like to opt out of golf, you are more than welcome to join us at the reception. Click here to RSVP.

Bridgeford Fireside Chat & Reception – January 9, 2024

Come with your opinions and perspectives to share in a lively and highly interactive discussion about the present and future state of the U.S. fiduciary industry at this reception hosted by Bridgeford Trust Company. Join us along with advisors and thought leaders from across the country and around the world for a time of idea sharing and networking while we enjoy various hors d’oeuvres and drinks.

Our reception will be held on Tuesday, January 9 from 6:00-7:30pm in Crystal G1 on the convention floor at Orlando World Center Marriott (8701 World Center Drive, Orlando, FL 32821). Click here to RSVP.

Exhibit Booth #400 – January 8-12, 2024

Stop by our exhibit booth (#400) while you’re attending the conference to visit with our team and learn why South Dakota is routinely ranked among the best trust jurisdictions in the United States. We will also be raffling off a must-have prize so be sure to stop by to check it out and drop your business card for a chance to win!

While visiting our booth, you can:

Questions?

For more information about our activity at Heckerling or to set up a time to meet with our team, please contact Melissa Roberson, Global Marketing & Digital Media Director with Bridgeford at mroberson@bridgefordtrust.com.

We look forward to seeing you in Orlando!

modern-trust-law-webinar

modern-trust-law-webinarBridgeford Trust Company invites you to join us for a free one hour-long webinar discussing modern trust law and the evolving trust industry on Wednesday, December 6th at 2pm EST.

This webinar, hosted by McKonly & Asbury, one of Pennsylvania’s leading accounting and business advisory services firms, offers further conversation on our Independent v. Institutionalized Trust Companies article that has garnered much attention throughout the advisor community as it addresses the U.S. trust industry transformation, a new paradigm, and the influx of international financial services providers and private equity firms all looking for a “piece of the action.”

During the webinar, David Warren, Co-Founder and Chairman of Bridgeford Trust Company, will walk attendees through:

  • An examination of the evolution of the trust industry over the past 40 years, what it means, and the opportunities it presents for settlor of trusts, beneficiaries, and their advisors, as well as the vital importance of proper situs selection and trust independence.
  • A cautionary review of how the new paradigm has ushered in large, international, multifaceted, and highly institutionalized financial services providers from all over the world establishing trust companies in top-tier U.S. jurisdictions: an unfortunate development for the U.S. trust industry for many reasons that we’ll discuss.
  • A consideration of the powerful modern trust law planning tools available in top-tier trust jurisdictions around asset protectionprivacy, and compelling state and federal tax planning – all achievable while maintaining great direction and control over critical aspects of trust administration.
  • An analysis of whether there is a fiduciary duty on the part of advisors and trustees to use top-tier trust jurisdictions in the planning process, and to embrace the new paradigm in the trust world, with a focus on providing truly independent and conflict-free trust solutions for families across the nation and around the world.

You can register for this free webinar by clicking here.

One “Specialized Knowledge” CPE credit is available for this webinar and this program is a live webinar which offers the opportunity to ask questions and interact with our presenter.

We look forward to you joining us! If you have questions on the webinar or any of the topics that we’ll be discussing, reach out to us via our contact form or call us at (605) 224-9189.