| Secular Trust |
| A secular trust (also known as a reverse rabbi trust) is an irrevocable trust, which is similar to the Rabbi Trust intended to compensate an employee later for services rendered presently. The purpose of this trust is to provide protection to an employee for deferred compensation that would otherwise be unprotected from the employer's creditors. Unlike qualified plans, in this case the employee's benefits are vested, which means that the employee is entitled to the funds is they leave the employer. Another way of saying that is that the employee is not locked in as a slave for "x" number of years before entitlement. |
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| Estate Planning & Asset Protection |
| Learn on this site how to do good estate planning and good asset protection. Learn also how to coordinate your business planning with your estate planning. |
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