Revolve Law Group LLP Aligns with TRUST-CFO, Protecting Californians’ Wealth and Mitigating Taxes Using Private Retirement Plans - Yahoo Finance
Newport Beach, CA --News Direct-- Revolve Law Group
It is no secret that California continues to see a mass exodus of residents, due largely to astronomical taxation and creditor-friendly courts and legislation. To help residents stay, Revolve Law Group utilizes one of California’s oldest state exemption statutes. Aligning with industry leader TRUST-CFO®, Revolve Law Group has effectively advised business and real estate owners how they can help mitigate tax on both income and capital gains, while also securing the ancillary benefit of asset protection, through properly structuring a private retirement plan.
California Code of Civil Procedure 704.115 - California’s own private retirement statute – permits a California resident to receive a creditor exemption for a “private retirement plan (PRP)” in which “all funds, distributions, and death benefits” are exempt from creditor attachment and seizure. This safe, time tested, and cost-effective planning tool for California residents is of great support to those building private equity, business interests, real estate or any other investment for their future retirement. The contents of each private retirement plan under this code are fully exempt from both bankruptcy and non-bankruptcy lawsuits, and the PRP hedges against excessive taxation on active earnings, passive income, and capital gains.
In their alliance with industry leader TRUST-CFO®, the state’s largest PRP administrator, Revolve Law Group is able to empower Californians with a superior tax solution that proves to be a vital tool for those looking to stay in California.
“Our world revolves around our clients, and as such, we remain committed to discovering solutions that can make their world as lucrative for them as it can be. Through partnerships with leading organizations like TRUST-CFO®, we are elevating our clientele’s financial legacies, one private retirement plan at a time.”- Kimberly Wright, Esq, Founder and Managing Partner, Revolve Law Group LLP
source: https://finance.yahoo.com/news/revolve-law-group-llp-aligns-230000895.html
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