How does a Wealth Transfer Plan differ from an estate Plan?

There are many differences, but the five most important differences are:

1. A Wealth Transfer Plan is a Lifetime Plan that attacks your tax problems immediately and solves them during your life. Your Lifetime Plan dovetails with your Estate Plan (really a death plan, because your will and revocable trust only speak after you are gone).
2. A Wealth Transfer Plan is designed to get ALL of your wealth — every dollar of it — to your family. For example, if you are worth $11 million your family would receive the entire $11 million... all taxes, if any, paid in full. (Take a moment... add up the amount of your current worth). Unfortunately, an Estate Plan only tries to reduce your estate tax burden.
3. A Wealth Transfer Plan allows you to (a) stay in control of your assets — including your business — for as long as you live, yet (b) removes your assets from the IRS estate tax roll. An Estate Plan can never accomplish these two tax feats.
4. A Wealth Transfer Plan protects your assets from creditors and other third parties during your life and after death. An Estate Plan only has a limited ability to protect assets, but only after you die.
5. A Wealth Transfer Plan is designed to accomplish your specific objectives — for yourself, your family and your business... During you life and after you pass on. There are two kinds of objectives: (1) your desire to beat up the IRS... legally (an easy task for a Wealth Transfer Plan)... and whether dead or alive; and (2) the human side of the planning process (objectives like educating your children and grandchildren... treating the children "fairly"... maintaining your lifestyle), particularly while you are alive. An Estate Plan just can not get the job done in terms of satisfying ALL your objectives.

Does the new estate tax law in any way impact or change the information on this website?

The answer is specific: "Yes" in the short-run (during the years 2001 through 2010); "No" in the long-run (after 2010). For a more detailed answer and exactly how you must plan because of the new law, read:

• "The New Estate Tax Law: A Mixture of Confusion and Uncertainty (but Opportunity Knocks)" Please Click Here
• "How to Plan Your Estate under the New and Old Law — Strange, but both are Current Law" Please Click Here

How can you and The System achieve results that other professionals fail to achieve?

The tax law and economic forces that impact the Wealth Transfer area are simply much too complicated for any one person (or firm) to know. I certainly don't know it all. I operate on the theory that all of the smartest people — in the Wealth Transfer area — don't work for me. So to create The System (described in the tutorial letter) required the input, knowledge and help of a large number of other competent and experienced professionals. This group of professionals is called The Network.