More than half of Americans believe that their children and grandchildren will have a lower standard of living compared to their parents. We believe one of the greatest gifts you can leave your children and grandchildren are the same financial advantages that the “Pension Generation” has enjoyed. The SmartIRA™ is IRS accepted.
We have created the SmartIRA™; a revolutionary process which converts IRA’s and ROTH IRA’s into accounts that can replace the impact of pensions and even Social Security. It is tremendously sophisticated but surprisingly cost-effective and simple to implement.
SmartIRA™ is the first custodian neutral trusteed IRA ever available to advisors. While many families have used the SmartIRA™ to replace the impact pensions for their heirs others have used it to prevent unintentional disinheritance, asset protection, distribution control and to avoid high attorney fees. The SmartIRA™ is the most powerful planning tool since the ROTH IRA.
A tool to create a real stretch IRA solution, provide creditor protection for non-spouse inherited IRAs, and create a pension plan for your heirs thru the RMD rules. Our Trusteed IRA is also custodian neutral. Industry first. IRS accepted.
Life throws all sorts of curve balls at your clients. How many of your clients would like to create a “pension plan” of sorts that is asset protected for their heirs?
The SMART IRA™, Wealth Advisors Trust Company first SMART Solution, allows the owner of an IRA to designate a trust to administer the distribution of IRA assets to beneficiaries over their lifetime, allowing the “myth” of the Stretch IRA to become a reality
The owner of an IRA signs the SmartIRA™ beneficiary designation form today. At death, a trust is automatically created, providing restrictions varying from Required Minimum Distributions to Stated Percentages of the account to be distributed annually to heirs. In some cases, some IRAs may qualify to have distributions to heirs for health, education, maintenance and support. Wealth Advisors Trust Company has already created the Trust Document.
- Much more cost efficient to work on keeping assets than getting new assets
- Ease of Adoption
- Increased monetization value of Advisors practice
- Offer clients a multi-generational wealth management solution