CLTS Asset Protection Trust
Education & Implementation Process
How To Establish Your CLTS Asset Protection Trust
Welcome To The CLTS Asset Protection Trust Education & Implementation Process
An Overview Of CLTS’s
Asset Protection Trust
Above is an introductory video which provide an overview of an Asset Protection Trust.
*This process is for approved CLTS Prospective Members who have completed their AOK Agreement Process.
Important Note: The process laid out below is required for all new CLTS prospective members. Individual email, phone and/or text communications are prohibited by CLTS by laws. All communications, Q&A’s and/or comments are required to be discussed and managed during your scheduled CLTS meeting times.
The Process To Implementing Your CLTS Asset Protection Trust:
To complete your Asset Protection Trust process, CLTS conducts a 6 (six) week educational structure as described below. These 6 (six) week education and implementation programs are conducted once per calendar quarter.
The 6 (six) week educational process includes 1 (one) weekly live presentation via Zoom. Each weekly live presentation will follow the educational curriculum shown below. Q&As will be conducted at the end of each live presentation. Recordings of each live educational presentation and associated Q&A will be uploaded to your member online portal approximately 36 hours after the live presentation. You may access your member online portal 24/7 from any computer or mobile device.
Each live weekly presentation will cover a specific topic related to Asset Protection Trusts as seen below, to include but not limited to: reading / supplemental materials as well as detailed descriptions of your homework assignments to be conducted between each live event.
After Week 2 (two), you will have a 2 (two) week break to follow specific CLTS instructions prior to the start of the Week 5 (five) live presentation. But completing these tasks prior to the start of Week 5 (five), CLTS will gift you a copy of your personalized draft Asset Protection Trust.
During the Week 5 (five) live presentation, CLTS will provide you your second and final set of specific instructions in order to produce your second CLTS gift in the form of your final Asset Protection Trust and associated Trust EIN. Final Asset Protection Trusts are produced in electronic PDF format and delivered to you by the start of Week 6 (six).
During Week 7 (seven) you will receive training from CLTS on how to initiate and operate your new trust. And during Week 7 (seven) CLTS provides you a final live presentation on how to operate your trust during your first 180 (one hundred eighty) calendar days.
Your Asset Protection Trust 6 (Six) Week Curriculum:
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Topics To Be Discussed:
Intro to ‘What Is An Asset Protection Trust’.
Why & How Someone Would Implement An Asset Protection Trust.
Supplemental Materials:
Downloadable PDF reading materials in relation to Asset Protection Trusts.
Homework Assignments:
No homework assignments for this week.
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Topics To Be Discussed:
Trust Related Parties (Trustor, Trustee(s), Beneficiaries).
Selecting Your Trust Related Parties.
Data Gathering Form.
Trust Related Assets (Permissible & Non Permissible Assets).
Supplemental Materials:
Downloadable PDF Reading Materials.
Digital Asset Protection Trust Data Gathering Form.
Digital Asset Protection Trust Asset Form.
Homework Assignments:
Following this week’s instruction, you will complete your Asset Protection Trust Data Gathering Form as well as your Asset Protection Trust Asset Gathering Form.
You will be provided approximately 2 (two) weeks, prior to your Week 4 live presentation, to complete this week’s homework assignments.
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Topics To Be Discussed:
Draft Trust Review (Review Of An Asset Protection Trust).
Trust Related Edits (Permissible & Non Permissible Changes / Edits).
Supplemental Materials:
For completing Week 2’s homework assignments, CLTS will gift you a copy of your personalized draft Asset Protection Trust.
Digital Asset Protection Trust Edit Form.
Homework Assignments:
This Week your homework assignment will be to follow this week’s live presentation to review your draft Asset Protection Trust, and to utilize the Digital Asset Protection Trust Edit Form to supply CLTS with any permissible edits / changes to your draft trust.
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Topics To Be Discussed:
Final Delivery Meeting (Review of Final Trust & EIN).
Trust Related Income & Expenses (Trust Generated Income, Loans To Trust, Permissible & Non Permissible Trust Related Expenses).
Procedural Prudence & Bookkeeping.
Supplemental Materials:
For completing Week 4’s homework assignments, CLTS will gift you a copy of your personalized final Asset Protection Trust as well as your trust related EIN.
Homework Assignments:
There are no homework assignments for Week 5. This time should be taken to become familiar with your new final trust copy and EIN.
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Topics To Be Discussed:
Your First 180 Days
Creating Your Own Procedural Prudence
Perfecting Title / Ownership of Trust Related Assets
Trust Banking
Bookkeeping
Identifying A Tax Professional To Generate Trust Accounting Documents (Itemized Profit & Loss Statement, Itemized Balance Sheet, Itemized Tax Liability Statement)
Supplemental Materials:
A detailed video presentation uploaded to your online portal which you can visit anytime during your first 180 days to help guide you on your new journey.
Homework Assignments:
There are no homework assignments for Week 6. This time should be taken to begin your first 180 day process in becoming familiar with the operation of your trust.
* Your 6 (six) week curriculum will be supplemented by free access to your own member online portal. Week 4 is a biweek in observance of the Thanksgiving holiday. Approximately 36 hours after a live presentation event, CLTS will upload a recording to your online portal in case you are unable to attend a live event. Your online portal will be broken into the 6 (six) week format as seen above, with each week containing a video of the live presentation, supplemental documents as well as detailed descriptions of your weekly homework assignments.
Asset Protection Trust Live Presentation Schedule for Q4 2023
Instructional Class #1 (Week 1)
Duration: Approximately 2 hours
Live Zoom Log In Coordinates Will Be Uploaded To Your Member’s Online Portal
Recording To Be Posted Within Your Member’s Online Portal Approximately 36 Hours From The Completion The Live Event
Instructional Class #2 (Week 2) - Week 3 is a bi-week.
Duration: Approximately 2 hours
Live Zoom Log In Coordinates Will Be Uploaded To Your Member’s Online Portal
Recording To Be Posted Within Your Member’s Online Portal Approximately 36 Hours From The Completion The Live Event
Instructional Class #3 (Week 4)
Duration: Approximately 2 hours
Live Zoom Log In Coordinates Will Be Uploaded To Your Member’s Online Portal
Recording To Be Posted Within Your Member’s Online Portal Approximately 36 Hours From The Completion The Live Event
Instructional Class #4 (Week 5)
Duration: Approximately 2 hours
Live Zoom Log In Coordinates Will Be Uploaded To Your Member’s Online Portal
Recording To Be Posted Within Your Member’s Online Portal Approximately 36 Hours From The Completion The Live Event
Instructional Class #5 (Week 6)
Duration: Approximately 2 hours
Live Zoom Log In Coordinates Will Be Uploaded To Your Member’s Online Portal
Recording To Be Posted Within Your Member’s Online Portal Approximately 36 Hours From The Completion The Live Event
Thank you visiting the CLTS Asset Protection Trust Implementation Process Page.
For information on how to enroll in one of our quarterly eduction and implementation programs, please contact your CLTS team member.
We look forward to meeting with you.