NAFEP Launches A New, Low Cost Solution For Self Directed IRAs

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The National Association of Financial and Estate Planning has officially released its latest offering known as the iTrust. This new offering was developed to deliver a simpler, lower cost solution for providing checkbook control for self directed IRAs. The iTrust provides clients with checkbook control for their IRA account via a specially designed Trust. The iTrust enables clients to do what they did with an LLC, but removes state filing fees and franchise taxes in most cases.

The National Association of Financial and Estate Planning has officially released its latest offering known as the iTrust. This new offering was developed to deliver a simpler, lower cost solution for providing checkbook control for self directed IRAs. The iTrust provides clients with checkbook control for their IRA account via a specially designed Trust. The iTrust enables clients to do what they did with an LLC, but removes state filing fees and franchise taxes in most cases.

The iTrust is a Trust created for the benefit of an IRA account. The IRA account holder directs the Trustee/Custodian (American Estate & Trust, LC, a licensed Trust company), to purchase beneficial interest in the Trust. American Estate & Trust funds the Trust and acts as the Trustee. The account holder is appointed as the financial manager of the Trust. Once the iTrust is funded the account holder is able to execute transactions and provide the ongoing support and maintenance of the assets held by the iTrust.

The primary benefit of the iTrust over the LLC is that the iTrust does not have any state filing fees up front or ongoing, and in most cases the iTrust is not subject to state franchise taxes. The iTrust provides a simpler, lower total cost of ownership solution for self directed IRAs versus the LLC version.

Scott Janko
President, NAFEP

For additional information, Contact:
Scott Janko
National Association of Financial & Estate Planning (NAFEP)
PH: (801) 266-9900
FX: (801) 266-1019
scott@nafep.com
http://www.nafep.com
http://www.nafep.com/iTrust/itrust_self_directed_Trust.htm

NAFEP was founded in 1993 and is in the business of providing the legal documents, structures and strategies required to support the financial planning and real estate community in meeting their client's estate planning needs.

NAFEP has a key competency of providing Tax Advantaged Real Estate investment strategies and structures for financial planning and real estate professionals.

These strategies and structures are accomplished through our Self Directed Installment Sale, 1031 Exchange, 1031 Rescue, cost Segregation Studies and Self Directed IRA/401K products and services . All Trust, Trustee and IRA custodial services are provided through NAFEP's sister company American Estate & Trust.

NAFEP services are offered exclusively through Asset Exchange Group and its affiliates.

*NAFEP reserves the right to withdraw this offer at any time without notice.

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Scott Janko
NAFEP
801-266-9900
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