Preservation Trust

The Pooled Preservation Trust is a flexible trust option designed to comply with Court Orders and/or voluntary spendthrift protection needs associated with the receipt of legal settlements or other financial allocations. The trust is designed to enable a trust beneficiary to receive a specified level of income from the trust, as well as pre-determined cash outflows for other items, while also protecting the remaining corpus of the trust from unintended or wasteful dissipation.

In many cases, the beneficiary of the Preservation Trust establishes the trust him/herself in order to provide the long-term security of income from the trust, with other non-discretionary disbursement options, while also providing long-term growth potential of the corpus of the trust. Flexibility and customization are the key features of these periodic disbursements from the Preservation Trust.