PRPs are programs protecting and exempting funds, death benefits, and distributions from lien and seizure from creditors, including bankruptcy scenarios. California state creditor law includes PRPs.
Funded with exemption rights, not transferring or gifting assets.
PRPs protect all assets, earnings, gains, and future values during accumulation and after disbursement for lifetime benefits as well as death benefits for heirs.
When properly structured, PRPs capitalize on significant tax benefits and earning profits rather than incurring costs for the duration of the program.
PRP Tax Benefits:
California case law tests key variables in PRPs.
Components to include in your PRP:
Crawford Trust partners with an industry leader in PRP administration, TRUST-CFO®. TRUST-CFO® developed the required Plan analysis, including upfront funding and annual benchmarking, and future plan distribution testing, maximizing Plan strength if and when tested.
Learn which Californian creditor and tax exemption protection rights apply to you and which rights you may forfeit and which will help safeguard your assets.