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Seminar Materials - Area 51 – Next-Wave Protection Planning

Seminar Materials - Area 51 – Next-Wave Protection Planning

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Materials alone do not qualify for CLE credit.

 

Advanced Asset Protection from Oklahoma

Area 51 – Next-Wave Protection Planning

 

In the remote Nevada desert, close to the dry bed of Groom Lake, is a place called Area 51,

once called “the most famous military installation in the world that doesn’t officially exist.” There,

since 1955, U.S. military and security organizations have clandestinely developed and tested

next-wave weapon systems and platforms. UFO sightings have coincided with Area 51 testing

of experimental aircraft moving at several times the speed of sound through the Nevada night

sky. Rumors that the Oklahoma Family Wealth Preservation Trust was developed in Area 51,

while not true, are understandable.

 

Learning objectives:

 

The Preservation Trust as the flagship of the estate plan

When using a Preservation Trust may constitute a “best practice” when estate planning for . . .

o The Oklahoma family farm or ranch

o The client active in, or retiring from, a high-risk profession

o The family business enterprise

o Inherited IRA creditor protection (see-through, or accumulation)

Materials alone do not qualify for CLE credit.

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