CFPIT® Standard of Care - Certainty. Flexibility. Preferability. In Tandem.
CFPIT® Solutions Toolbox:
Tailored wealth preservation solutions that have dynamically determined degrees of Certainty. Flexibility. Preferability. In Tandem. :
- CFPIT® fortifies and augments plans (tools/strategies/instruments/entities) with greater certainty, flexibility, and preferability, all in tandem. This gives clients the results they want, in the manner they want, with the ability to change them when they want, by reconfiguring some of their existing assets.
- CaFaP fortifies and augments plans with greater certainty and/or flexibility and/or preferability individually, with OR without reconfiguring any existing assets.
Net Result: If you don’t want …, but would rather …, you can get it your way; here’s how to get it …”:
- “I don’t want to have to use a credit shelter trust, I would prefer to leave it all to my spouse outright.”
- “I prefer NOT to leave it all to my spouse.”
- “I don’t want the children to have to wait until the second death to enjoy their inheritance.”
- “I would NOT want to make gifts.”
- “I want to gift to the grandchildren only.”
- “I want it left in trust instead of being paid to them outright.”
- “I want to guarantee $xxxx a month to my surviving spouse.”
That's not a problem, we can solve that with …:
Here’s how to get it … solutions and alternatives:
“Want more certainty … here’s how to get it …”
- “It isn’t enough to ensure that the proceeds will be received, I need to also ensure that they will be used as intended.”
- “I want to guarantee the funds to enable a specific distribution in the right form, at the right time, to specific beneficiaries, not just insert a provision that will provide them with the right to receive it.”
- The solution mitigates against the goals/dispositive intent failure causes and/or
- The solution provides the configurations of the failsafes to ensure that the heirs will realize the same results as if the goals/dispositive intent had actually been realized.
“Want more flexibility … here’s how to get it …”
- “I want REAL flexibility that doesn’t require me to transfer assets to the beneficiaries now but rather allows me to maintain possession of the property, yet still provides me with the ability to amend it in the future. I don’t want flexibility which is given only to the next generation (or their fiduciaries) to make adjustments after I make transfers to them now.”
- “I want my funding vehicles to have maximum flexibility , allowing me to fetch their maximum ( “trade-in/resale” ) value whenever I want , and not be impacted by their surrender charges.”
“Want more preferability … here’s how to get it …”
“I want … / I don't want … / What will ‘doing it my way’ cost?”
- CFPIT® Price Out/ Hurdle Rate : quantifying the cost of the preferred alternative
“I want to absorb these risks at this level … / What will ‘doing it my way’ cost?”
Isn’t there a better way to do this so that she can get the assets outright to allay her fears, while at the same time find some other way of dealing with losing the credit shelter amount?
YES! There’s another option that allows the assets to be paid directly to her and would replace the “credit amount” entirely, or some portion thereof, on a discounted basis, using a solution. Consider various solution alternatives vs. the cost of taking away her ability to receive the assets outright.
Isn’t there a better way that won’t potentially expose the assets to creditors once the assets are retitled from jointly held to individually held, in order to take advantage of two credits?
YES! There's another option: you can hedge against that risk by using a solution to replace any assets that may be ultimately attached by creditors. Consider various solution hedging alternatives vs. the cost of forfeiting your ability to take advantage of two credits.
“Want more certainty, flexibility, and preferability in tandem … here’s how to get it …”
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