Santa Fe Trust, Inc. joins The Estate Planning Team to provide trust services to clients seeking to preserve their wealth through the Deferred Sales Trust™
June 3, 2010
The Estate Planning Team (EPT) is pleased to announce that Santa Fe Trust Inc. will be joining their professional based membership organization as a corporate trustee providing trust services and administration to Deferred Sales Trust™ clients. The Deferred Sales Trust™ is a tax deferral strategy which allows property and business owners to defer their capital gains tax and potentially increase their retirement income.
“We are pleased to be working with the Estate Planning Team members and understand that trust clients need to have a reliable corporate trustee. Our expertise and resources provide a strategic advantage to those looking toward Deferred Sales Trust™ to defer their capital gains taxes,” says Geoffrey A. Madsen, President and COO, Santa Fe Trust Inc.
The American Bankers Association estimates that over the next 20 years approximately $17 trillion will change hands as one generation hands over its wealth to another. Much of this wealth transfer will be highly appreciated real estate and businesses which creates capital gains tax exposure when sold. The Deferred Sales Trust™ provides clients the opportunity to defer capital gains and depreciation recapture tax while creating an income stream.
“We’re ecstatic that Santa Fe Trust Inc. has joined The Estate Planning Team as a corporate trustee for our members’ clients looking toward the Deferred Sales Trust™ to protect the assets they’ve worked so hard for. Our primary goal at EPT is to help preserve the wealth of our members’ clients. I have no doubt that Santa Fe Trust Inc. will provide the personal service and experience necessary to help us achieve this goal,” says Robert Binkele, CEO, Estate Planning Team.
Santa Fe Trust is a privately owned, fully independent trust company established in 1997. In addition to serving trust clients nationwide, SFT provides fiduciary support, including trust administration and record keeping, to hundreds of financial advisors throughout the United States.
The Deferred Sales Trust™ is exclusively marketed by the Estate Planning Team, a professional based membership organization which has grown to provide over 3,600 securities advisors, CPAs, attorneys, insurance professionals, qualified intermediaries, mortgage lenders, banks, title and real estate professionals nationwide with tax, estate, pension planning and asset protection strategies for their clients.
For more information or to register for a free webinar on the Deferred Sales Trust™, please contact Kari Smith (866) 779-5339. To learn more about the Estate Planning Team visit the company website at www.myept.com. To read more about the Deferred Sales Trust™ go to www.mydstplan.com.
For more information on Santa Fe Trust, Inc., please visit their website www.santafetrust.com.
For information regarding this release contact Kari Smith (866)-779-5339 ksmith@myept.com.