Transferring Wealth

There are three major roles in an asset protection dynasty trust: the Trustee, who owns and controls assets within the trust, as well as its distribution; the Grantor, who creates and gives life to this type of succession plan; and one or more Beneficiaries. Usually, the Grantor is also one of the beneficiaries.  

This kind of arrangement can deny creditors claims against a Grantor or Beneficiary because technically, Beneficiaries do not own anything - even though they have full beneficial use over the assets. Secondly, it's up to the Trustee whether a distribution request from a Grantor or Beneficiary will be granted (they never say no for either party). A court cannot force anyone involved with an asset protection dynasty trust or its Beneficiary (s) to make any distributions. 

The Rivsafe works similarly to asset protection dynasty trusts. The Rivsafe custodian is like a Trustee, and you are both the Grantor and Beneficiary. Depending on how you set up the Rivsafe, your descendants may also be beneficiaries after you die.   

When a distribution request is initiated by your chosen Rivsafe Co-Signer, it must receive a sufficient number of approvals from the persons (or entities) that you designate beforehand as "Rivsafe Protectors." Because the Rivsafe Protectors have the discretion to decline the transaction, you do not have control of the assets.  In the digital asset world, the saying goes that "he who controls the private keys to a digital asset, owns the asset," and that is the case here, as well.   

When you die, the digital assets in your Rivsafe will naturally pass to your descendants (or other heirs or your business partners), depending upon how you set up the Rivsafe. The Rivflow Team is, of course, ready to assist you in this process to ensure that everything is done properly.