[Provo, UT, 3/31/2015] - McCullough Sparks, an asset protection law firm in Utah, uses the 541 Trust™ to keep client assets safe from bankruptcy and other financial threats. A trust with generations of legal precedent and immense flexibility, this is a strategy that few others can match. Prospective clients can contact the firm to schedule a free consultation.
Preserving wealth is just as important as accumulating it, yet the former can be extremely difficult in today’s legal climate. Methods like offshore trusts and DAPTs that many espouse are full of vulnerabilities, which make them unreliable when challenged by the courts. These heavily marketed options have a high failure rate, and rarely work as promised.
There is a great need for a truly reliable asset protection instrument that can stand up to bankruptcy, lawsuits, divorce, and other threats. The 541 Trust™ that McCullough Sparks offers is the answer to this need; far from a new, untested method to protect wealth, it is based on generations of legal precedent and has succeeded against a wide range of challenges.
Shield Wealth from Bankruptcy with the 541 Trust™
McCullough Sparks is well-versed in the many facets of asset protection, and they have been using the 541 Trust™ for over a decade with success. Thus, they have an in-depth understanding of how it works, and have built a solid track record over the years. The firm serves a wide range of clients, from homeowners with modest wealth to professional athletes with millions to their name.
The 541 Trust™ is named after Section 541 of the bankruptcy code, which shows that the trust is protected from bankruptcy even if the grantor maintains a special power of appointment. Assets in the trust do not need to be disclosed on a bankruptcy questionnaire, and it completely eliminates personal ownership. It is legal in all 50 states, and can include any type of asset in any location.
McCullough Sparks believes that there is never a need to place assets outside of the US, as there is a domestic option that is cheaper, simpler, and stronger than any offshore trust. The firm encourages interested parties to contact them, in order to discuss the specific details of the 541 Trust™.

About McCullough Sparks
McCullough Sparks is a law firm that deals in asset protection and estate planning. By using only sound methodologies with significant legal precedent, they have helped many clients avoid the common pitfalls of wealth preservation.
For more information on the practice and their services, interested clients can visit www.assetprotectionatty.com.