The defining characteristic of all estates is that they provide merely passive value. Except for some part of the securities portfolio, they do not interact with the market to produce any active value. And this is precisely why they are not business assets.
But to hold your wealth in this form will diminish its value, because the tax system is biased against passive, non-business estate holdings, penalizing their owners, especially upon death.
Transforming your Passive Estate Value into Active Income Value
The Estate Income Plan will transform your current passive estate value into active income value through the sale of estate assets to a Purpose Trust created especially to serve your needs.
Such a sale releases the active value of those assets by turning them into commercial investments, a transformation the tax system recognises, not imposing capital gains tax upon relevant disposals.
This newly created active value then provides a return of income which, in contrast to the arbitrary accumulation of passive capital values, is structured to fit your real lifetime income requirements. |
