RECAP – WHY SHOULD I CHOOSE A PRT?

  • Compared to the exotic and potentially ineffective (in California) traditional foreign and domestic asset protection strategies, the PRT has a California Statute and an abundance of case law in support if its use.
  • The PRT allows Californians to convert their otherwise non-exempt and exposed personal assets to “EXEMPT” private retirement assets by simply enhancing (using in advance) their California retirement exemption.
  • The PRT protects retirement assets in both civil lawsuit and bankruptcy venues.
  • The PRT is “non-qualified” and is not subject to the rule, limitations and restrictions imposed by ERISA qualified plans.
  • The PRT has no early distribution penalties (before age 59 ½ ) or required minimum distribution (RMD) penalties (after age 70½).

Exemption Assessment Calculator

Please contact an attorney at Brown & Streza LLP to take advantage of our PRT Calculator. We will input your financial information and generate a report that shows the current creditor and asset risk exposures you have, as well as the potential for maximizing protection and retention of current and future assets. Please note it does not reveal the specific tax and creditor planning strategies that may apply to your circumstance which can help capture greater tax savings and lost opportunity costs.