Objective. Creative. Personal.

Objective. Creative. Personal.
We grow confidence and instill trust.
For more information about our services or questions
about this brochure, please contact Addicus directly at:
662.550.2051
[email protected]
Enjoy our interactive flipbook online, click here
Vision leads. Reason rules. Dedication delivers.
“
The way a team plays as a whole
determines its success. You may have
the greatest bunch of individual stars in
the world, but if they don’t play together,
the club won’t be worth a dime.
“
- Babe Ruth
We are Addicus. We help you win.
ATTORNEYS
PROFESSIONALS
ADDICUS
BROKERS
BANKERS
CPA
REAL ESTATE
AGENTS
INSURANCE
AGENTS
YOU
401(K)
AGENTS
Addicus is a multi-family office (MFO) specializing in the
financial lives of high-net worth individuals and multi
generational business owners.
What is a multi-family office?
Addicus is an independent organization that provides a
variety of services including coordination of professionals,
estate and tax planning, risk assessment, and strategic
advice. A multi-family office supports multiple clients in
developing and managing their entire enterprise.
At Addicus multi-family office, our fiduciary approach
ensures we are not promoting any particular financial
institution or product, we work with our clients and utilize
our expertise and substantial resources to solve problems
and help our clients meet and exceed their goals.
We Are Addicus
We mind the facts, so you are
free to mind your business.
What we do
We help you win in the small matters of life, as well as in the large and
more complex situations. We deliver objective, creative, and personal
advice. To our clients, we are known for our ability to positively
influence progress and our dedication to winning. We hold ourselves
accountable to your short-term goals and long-term vision.
You can rely on Addicus to be your indispensable confidant and
unemotional sounding board when you are confronted with tough
financial or family decisions. During times when your business meets
unexpected risks or opportunities, you can count on us to be your
invaluable strategic advisor.
We know you worked hard to get here. Your passion is to keep
winning. Our goal is to help you win big. Count on Addicus to use
expertise, real-time data and technology to plan your next move.
Money affords
wealth affords
We
WeHelp
AreYou
Addicus
Win
Why it is important
You, like other successful individuals, are focused on doing what you
do best and have limited spare time. We place a high value on your
time and are always working on your behalf to answer the demands
of your business enterprise. We recognize that our ability to fulfill
your need for accurate, real-time information and advice is the difference between an opportunity seized and one lost.
you the comforts of living,
you a future of comfort.
How we are different
As a successful professional or business owner, you surround yourself
with the best counsel. They know part of your financial picture, but
your picture constantly changes. Who is ensuring these advisors are
keeping up and have the correct information? Whose job is it to keep
an eye on your global strategy and not just a snapshot of it?
Our clients find that Addicus is the one advisor they simply cannot do
without. While individual experts deal with micro complexities, at
Addicus we think globally. This macro view allows us to proactively
address constantly changing competitive and financial landscapes.
We Are Addicus
Our commitment
In your world of business and wealth creation, we recognize the
difference between success and failure is access to timely, accurate,
and complete information. To honor your trust in us, we hold integrity as our core principle. This ensures we bring unbiased advice to the
conversation and eliminate problems before they occur.
At Addicus, our clients expect us to have control over the details that
impact both their business and personal wealth development. We
constantly meet and exceed that challenge by putting together the
right combination of systems, technology, and personnel. As our
client, you will find our team works side-by-side with your advisors to
provide you the most comprehensive and objective advice.
We keep our eyes on you...
so you can keep your
We
WeHelp
AreYou
Addicus
Win
MANAGING
PARTNER
MARKETING
CONSULTANTS
MANAGING
DIRECTOR
OPERATIONAL
CONSULTANTS
EXECUTIVE
ASSISTANTS
COMMUNICATION
DESIGNER
TECHNICAL
ANALYST
CORE TEAM
FINANCIAL
INTERNS
DATA
MANAGEMENT
LEGAL
ADVISORS
TEAM
MANAGER
INSURANCE
PROFESSIONALS
TAX & ACCOUNTING
PROFESSIONALS
eye on the ball.
SPECIAL TEAMS
FINANCIAL & INVESTMENT
PROFESSIONALS
Our team
As our client you will have the Addicus core team fully engaged in
developing world-class customized solutions. With an objective lens,
we organize all your information into the proper order and ensure we
do not miss a single relevant fact.
With Addicus you will benefit from the experience of seasoned
advisors and our Special Teams. Together we bring you the expertise
required to satisfy your immediate short-term needs and secure your
future objectives. You can rest easy - our core team coordinates all
efforts on your behalf.
You may have excellent counsel already, and they know many of the
facts, but there are often gaps in information and lack of communication between advisors. More than likely, there is no one keeping all of
your advisors on the same page. If this sounds like your situation,
Addicus can help.
Our Process
Your focus is to win, ours is
to create the playbook so you do.
When we are referred to a new client, we typically have very little knowledge of their particular situation or the
obstacles blocking them from their aspirations of success. However strong their thoughts may be, they may not have
fully considered everything they want from life, or the ultimate purpose of their wealth. They likely have one or more
pressing matters. Before offering solutions, we begin a discovery process to understand our clients vision and align it
with their current facts and circumstances. After careful consideration and analysis, we develop a customized framework of objectives and strategic solutions that ultimately develops into a personalized playbook.
We begin with a face-to-face meeting to discuss your personal and business financial
structures, your current initiatives, your long and short-term goals, and most importantly,
your dreams, aspirations and vision.
DISCOVERY
We collect an extensive amount of personal and business documentation to develop an
accurate global picture. We do this to ensure we properly understand the facts, why things
were done, and how the current plan fits with your wishes and desires.
DUE DILLIGENCE
We analyze your current global structure and overall financial situation and evaluate your
advisor network. Based on the facts and our discussions, we develop our analysis into
ambitious but realistic objectives and planning strategies.
ANALYSIS
We assess the strengths and weaknesses of your current structure and financial decisions.
Once all identification has been completed, we draft outlines of potential solutions. We
then work with you to prioritize solutions for implementation based upon your goals,
priorities, and vision.
IDENTIFY OBSTACLES
& OPPORTUNITIES
We discuss projects of top priority, agree upon a course of action and move forward with
the proposed strategic planning options that you have consented to pursue. Afterwards,
we create a budget and timeline for completion for the top 3-5 projects.
SCOPED
ENGAGEMENTS
We categorize your plays by priority and type: Structure, Estate, Tax, Capital & Protection.
We then execute these plays with your existing advisors or recruit talent from our Special
Teams to ensure all resources execute with precision, proactively addressing communication gaps. We continually reassess your global situation and adjust the playbook to align
with any changes to your goals and external factors.
CLIENT
PLAYBOOK
We
Your
ArePlaybook
Addicus
1. Structure Plays
Strategy
The structure of your businesses significantly impacts the plays
Addicus creates and executes in order to help you maximize your
personal wealth. Therefore, the structural plays are the foundation
for all other plays we create for you, and thus are established first
in your playbook.
Development
We carefully examine all facets of your business to determine how
these things affect your end goals of creating, protecting, utilizing
and transferring wealth.
Execution
We inspect every aspect of your current entity structure for gaps,
mistakes, effectiveness, efficiency, flexibility, and opportunity;
compiling our findings into a detailed report. This report is the
basis for determining any needed revisions to your current structure. We then develop a customized action plan and recruit the
best fit team. Our structural plays typically result in an iterative
process of action plans in which the first few recommendations are
intended to set the foundation for future action plans in order to
meet the established objective. As progress is made, we will
continue to reassess and make needed adjustments accordingly.
Project Examples:
+ Family Holding Company (FLP) Structuring
+ Structuring Mergers & Acquisitions
+ Partnership Capital Tracking
+ Domestic Asset Protection (DAPT)
& Offshore Trusts
+ Medical-Stark/Anti-Kickback Planning
+ Business Succession Planning
+ Asset Ownership & Transfer Coordination
+ Multi-Owner Tiered Control of
Entities & Assets
+ Cash Flow & Tax Efficiency Among Entities
+ Entity Operating & Stockholder
Agreement Evaluation
Your Playbook
2. Estate Plays
Strategy
Estate planning can be a very complicated process since it involves
financial goals, family concerns, and other intimate relationships.
At Addicus, we have considerable experience and expertise in this
subject and can address your personal and economic interests.
Development
We factually understand your present estate tax situation and
communicate your current plans of transfer to heirs. We are driven
by a deep understanding of your desire to see your wealth accomplish good, and not be confiscated by tax. We can relate with the
fears of losing control and architect innovative plans to accomplish
the mission while honoring your living legacy.
Execution
We start by asking questions to determine your estate goals and
objectives. At Addicus, we recognize every family is unique. No one
wants to pay unnecessary estate tax, and most want to leave a
legacy to their children and/or grandchildren; however, personal
goals and concerns can dramatically affect the estate strategy that
is best for you. After determining the goals and objectives, we
evaluate your current estate plan micro-analytically, develop a
plan, seek your approval, and work with your advisors and our
special teams to execute the play according to our process.
Project Examples:
+ Basic & Advanced Estate Planning
+ Tax Mitigation & Maintenance of Control
+ Lifetime Wealth Transfer
+ Estate Settlement & Probate
Administration
+ Wealth Preservation & Distribution
Strategies
+ Family Continuity Planning
+ Succession & Philanthropic Considerations
+ Private/Public Foundation Planning
+ Charitable Remainder Strategies
+ Charitable Lead Strategies
+ Grantor Retained Annuity Trusts
+ Family Governance Planning
+ Trust Governance and Trust
Protector Structuring
+ Domestic Asset Protection Trust
+ Captive Insurance
We
Your
ArePlaybook
Addicus
3. Tax Plays
Strategy
Project Examples:
As a closely-held business owner, few things are equally important
+ Tax Return Coordination
+ Income Tax Mitigation Planning
+ Corporate/Real Estate
Simply not having the right corporate structure or not paying
Transaction Planning
to your overall financial health as issues involving income taxes.
yourself correctly can have a massive impact. Inaccurate tax filing
can have disastrous effects and is very common. Additionally, there
is a void in the marketplace for proactive tax planning as most
advisors unfortunately think they are already doing everything to
+ Entity Valuation
+ Estates Accounting & Tax
minimize your tax liability.
+ Non-Qualified Deferred
With our expertise and talented Special Teams network, Addicus
+ Captive Insurance Planning
+ U.S. Possession Country Planning
+ Gift & Gift Tax Planning
+ Corporate Tax Coordination
+ State Income Tax Planning
+ Sales/Use Tax Planning
+ Family Income Shifting
while keeping you safely compliant with the law.
Return Coordination
Compensation Plans
Development
can design a strategy to significantly reduce your tax burden, all
Execution
Addicus begins the process with a review of your present standing
in terms of annual income and tax liability. We look for wasted
deductions that will ultimately cost you more in future taxes than
you currently save. We analyze your structure for maximum
efficiency and opportunity. After our initial review, we design a
plan to address any issues and capitalize on all opportunities, seek
your approval, and then execute. Once implemented, we work
with you continually to ensure you understand the plan and are in
compliance with all requirements.
Your Playbook
4. Capital Plays
Strategy
The capital structure of your business and personal assets is critical
to a functional and efficient financial model. To promote wealth
building it is essential to manage borrowing costs, have flexibility
in lending covenants and mitigate risks of structural changes.
Development
We review every aspect of your finances and leverage looking for
opportunities for improvement. These improvements are designed
to enhance flexibility, reduce cost, and mitigate risks.
Execution
Addicus starts with an overview of your existing capital structure
and leverage. We examine both personal and business assets
including your primary residence, rental properties, commercial
properties and financing related to your businesses and/or
partnerships. We then analyze all areas of leverage for risk exposure, flexibility and efficiency, and determine how to best execute
the play. We review all of our findings with you and outline the
objectives for a revised capital structure play. Once approved, we
aggressively work to determine the best alternatives to the current
capital structure, seek approval with necessary financial institutions, and coordinate it with the existing playbook.
Project Examples:
+ Real Estate Investment Analysis
+ Real Estate Financing & Transactions
+ Lines & Letters of Credit
+ Asset Backed Lending Strategies
+ Lending Bids & Selection
+ Loan Underwriting Support
+ Receivables Credit Insurance Consulting
+ Primary & Vacation Mortgages/HELOC’s
+ Residential Construction Loan Structuring
+ Investment Credit Facilities
+ Wire Transfer Coordination
+ Evaluation of Banking & Deposits Products
We
Your
ArePlaybook
Addicus
5. Protection Plays
Strategy
Project Examples:
For most of our clients, not losing what they already have is their
+ P&C Assessments
+ Risk Mitigation Strategies
+ Specialty Lines of Insurance
+ Captive Insurance
+ Receivables Credit Insurance Consulting
+ Personal & Business Insurance Review
+ Property & Casualty Insurance
+ Insurance Company Bid & Selection
Asset Protection (DAPT)
+ Domestic
& Offshore Trusts
“your best offense is to have a strong defense.” Addicus specializes
+ Corporate Entity Structuring
+ Disability Insurance
+ Life Insurance
+ Health Insurance
+ Key Man Strategies
+ Bank Owned Life Insurance (BOLI)
first and foremost goal. Which is why our standing philosophy is
in intercepting problems before they occur.
Development
Your Protection Plays will be closely integrated with the rest of
your playbook to make sure you are never exposed to unnecessary
risk. We strive to know everything about anything that could pose
as a liability to your wealth and work to mitigate those risks as
quickly and efficiently as possible.
Execution
We begin by carefully analyzing your current protection strategies
and products for overlaps, deficiencies, and opportunities. Additionally, we review the ownership and legal arrangement of your
assets looking for vulnerabilities while taking note of your need for
flexibility. Based upon our review and conversations with you
during the discovery phase, we work with you to set goals and
objectives. A plan is then drafted to address any concerns and
leverage all opportunities. We seek your approval and work with
the necessary professionals to implement. Our standard procedure
is to document, diagram and globally communicate changes in
strategy to ensure everyone on the team is in sync with the plan.
“
“
Talent wins games, but teamwork and
intelligence wins championships.
- Michael Jordan
We Case
Are Addicus
Studies
We take over your matters, so you can
enjoy what matters most.
Our successes
When business events demand choices and life events’ generate changes, our clients call on the
Addicus team. The following case studies highlight some of the services our loyal clients have
come to rely on us to provide. These scenarios will give you an inside look into what benefits
you can expect from working with Addicus.
Disclaimer: In order to protect the identity of our clients, the names, exposing facts, or other
details herein were changed to promote confidentiality. These scenarios are meant to provide
the reader with examples of situations some of our clients have faced and the solutions Addicus
was able to offer them. Some outcomes are described as “expected” due to the current and
ongoing status of the below scenarios. Although these scenarios may or may not be familiar to
your situation, Addicus develops customized, strategic solutions for each client; therefore, Addicus cannot guarantee exact or similar results, even though situations may appear to be similar.
Our Successes
Scenario One: Dr. Julia Jones, MD, P.C.
Global Restructuring for Private Medical Practice Owner
Client profile
Our client is a medical professional who possesses a thriving orthopedic
practice and is successful and well respected in the community. Our client
believed she was paying too much in income taxes and felt that her current
CPA had failed to be proactive in reducing or mitigating these taxes.
Benefits Realized:
+
Realized $1,000,000 in
Additional Retirement Assets
Tax Bill by
+ Reduced
$100,000 Annually
+
Achieved a Tax Refund
of $175,000
Client challenge
Dr. Jones had gaps in her corporate structure that unnecessarily exposed
her to tax and legal liability. The entire focus of her CPA’s tax plan was to
defer as much money into qualified retirement plans without considering
the costs associated with doing so. Her current CPA also failed to consider
the impact of regulatory or tax changes on her ultimate goal of retirement.
Plan for
+ Developed
Early Retirement
Additional uncovered opportunity
+ Reduced Liability Exposure
Dr. Jones and her family had done little to no estate planning and she had
given little thought to her children’s inheritance and future wealth management. Also, believing her practice had minimal value following her retirement, Dr. Jones had not considered the potential for a lasting legacy that
could provide retirement assets and continued income.
Case Studies
Services performed
Addicus goes about the process of collection, assimilation, and analysis of information very differently compared to
other advising and financial planning organizations. By obtaining a complete financial and structural picture of our
clients we can provide premier informed advice and strategies that we know will work within the context of our
client’s existing planning. For Dr. Jones, our unique method of evaluation resulted in the realization of benefits
which far exceeded her original expectations of our engagement.
Solution implementation
Since the most pressing matter to the client was taxes, we began by addressing corporate structure, and thus utilized
one of our outside special teams resources. In this particular case, we consulted a group of tax attorneys who specialize in income tax mitigation strategies.
During the course of our engagement, we addressed liability and tax compliance concerns of Dr. Jones’s cost sharing
arrangement with her other partners by implementing a new LLC formed as a tax-partnership. Further, we put in
place an estate plan that would eliminate the possibility of unnecessary estate tax, avoid probate, and protect the
family’s privacy. We also refinanced this client’s business and real estate assets which allowed for more flexibility,
reduced the current interest rate (locking it in for 15 years) and reduced the monthly debt service amount. We then
shutdown the company 401(k)/Profit Sharing Plan to reduce operating expenses of the practice.
Results & expected outcome
After restructuring the client’s practice and implementing certain tax strategies, we assisted Dr. Jones in screening,
evaluating and ultimately selecting a new CPA. Dr. Jones also recognized additional income while simultaneously
reducing her tax bill by $100,000 annually and received a tax refund the first year of $175,000. She now has a better
developed cost sharing structure with her practice partners and a business succession plan that will monetize her
practice to the tune of $1,000,000 providing cash flow certainty for the building she owns and operates her practice.
By design she is now projected to retire 5 years earlier than previously planned. As a result, Dr. Jones is more secure,
taking less risk, and has enhanced clarity regarding her future.
Assign Payments
INSURANCE
COMPANIES &
THIRD-PARTY
PAYORS
Marketing Fees
JULIA JONES, MD, PC
(S-CORP)
JMJ MARKETING INC.
(C-CORP)
NON-QUALIFIED DEFERRED
COMPENSATION TRUST
(GRANTOR TRUST)
ORTHOPEDICS OF
JACKSON, PLLC
JULIA JONES, MD
Fringe
Salary All Net
Profit Out
Benefi
ts & Sa
lary
Expense Reimbursements
Our Successes
Scenario Two: Smith Family, Real Estate LLC
Estate Settlement and Planning
Client profile
The matriarch of a family died, prompting the patriarch, Allen Smith, to
seek assistance in positioning the assets to provide immediate continued
income and establish a stable legacy for the children and grandchildren.
Since the matriarch would be leaving behind a substantial legacy of real
Benefits Realized:
+ Potential $3.2Million Dollar Tax
Bill Reduced to almost Zero
+
Inheritance Protected and
Transferred Safely for
Next Generations
estate, privately owned businesses, and other assets and investments, the
family was facing almost $3,200,000 due in estate taxes upon her death.
Client challenge
The Smith family had multiple assets of various types, owned in many different registrations, and in numerous states. Each had to be identified,
Organized, and
+ Assets
Accounted For
accounted for, and consolidated in order to complete the estate tax return
put in Place to Safeguard
+ Trusts
Assets for Generations to Come
projected estate tax liability associated with the private business assets Allen
Completed in
+ Probate
Significantly Less Time, Proper
Tax Filings Complete
or do any proactive planning. There was also substantial value, income and
was reluctant to be transferred for estate planning purposes.
Additional uncovered opportunity
For the estate settlement, we had to establish values for all entities and
assets, and in turn used these values to concurrently and proactively engage
in estate planning for the surviving patriarch.
Case Studies
Services performed
To realize the most benefits for the Mr. Smith and his legacy, we first identified the assets, private businesses, real
estate, securities accounts, and shares held in certificate form. This was followed by the creation of a comprehensive
balance sheet. We then provided assistance with the opening of the probate estate, transferring assets, and getting
the business assets valued and accounted for.
We worked with a broker to consolidate all of the securities assets, assisted in establishing the necessary transfers,
supporting the accounting, and completing the final valuation of a new family enterprise. We then completed the
basic and advanced estate plan, documented all transactions, and provided the valuations to the accounting firm.
Ultimately, we transferred the majority of the patriarch’s estate to trusts for the children and grandchildren.
Solution implementation
Addicus completed the probate, worked with the valuation firm and accountant to file the estate tax return.
Integrated Wealth Management and BNY Mellon Wealth Management were recruited to architect and implement
a full asset management strategy for both income and legacy. The wealth managers developed a disciplined plan to
alleviate the family’s concern of losing income or assuring the appropriate legacy would passed on to the next
generation. Addicus Special Teams were utilized to provide accounting and tax management services.
Results & expected outcome
Forming a family holding company (LLC) allowed most of the family’s assets to be consolidated with added protection and estate tax benefits. The plan allowed management of the estate during the Allen’s lifetime and completely
avoided the probate process upon his death. $2,900,000 of projected estate tax was eliminated, which would have
come due within the next 10 years.
Collaborative planning assured the beneficiaries will receive a projected 25% increase in annual income and the
legacy to the heirs is projected to be 10% greater. The annual income tax bill was substantially contained. Positive
impact to the client’s wealth is estimated in the millions, the effects of which will be enjoyed for generations.
Beneficiary
Beneficiary
2.98%*
20.30%*
ALLEN SMITH
Beneficiary
ALLEN SMITH
REVOCABLE TRUST
SMITH MARITAL
(Q-TIP) TRUST
SMITH HOLDINGS, LLC
(CASH & SECURITIES)
4.10%*
SMITH LAND MANAGEMENT, LLC
JJRP HOLDINGS, LLC
(REAL ESTATE)
16.06%*
15.66%*
FAMILY TRUST
JANET SMITH
(QSST)
SMITH FORD DEALER, INC
SMITH BRICK COMPANY, INC
(5% OWNERSHIP)
40.89%*
50%*
ALLEN SMITH 2012
IRREVOCABLE TRUST
50%*
*Membership
Interest
SMITH BRICK COMPANY, INC
(12.5% OWNERSHIP)
JIS HOLDINGS, LLC
(CASH & SECURITIES)
Beneficiaries: Sarah Jones & Josh Smith
SJ HOLDINGS, LLC
(CASH & SECURITIES)
SMITH TIMBER, LLC
(REAL ESTATE & TIMBER LAND)
Our Successes
Scenario Three: John Baker, Multi-Business Owner
Advanced Estate Planning for Closely-Held Businesses
Client profile
The Baker family business produced approximately $175 Million in annual
revenue and a valuation of roughly $120 Million. The family also owned
additional assets worth an estimated $40 Million and faced a projected
major estate tax upon death. John had previously made gifts of a minority
Benefits Realized:
+ Potential Income Tax Liability
of $12Million Eliminated
portion of the core family business to a trust for his children and had
engaged in additional planning. Unbeknownst to him, the planning was
not completed correctly resulting in severe ramifications.
$25Million in
+ Eliminated
Projected Estate Tax Liability
Client challenge
+ Family Business Roles Clarified
Gift Tax Returns
+ Corrected
Protecting Business for
John Baker was reluctant to give up more ownership in the core business
Generation for Estate Planning
due to one of his children’s special needs and concerns over fairness. He
wanted to ensure his participation in any proceeds stemming from the sale
of the company. Due to the deadlock and the estimated value of the
family’s assets, the projected estate tax liability was in excess of $40 Million
not including several income tax issues totaling $10 Million in liability.
Additional uncovered opportunity
Uncovered a point in the company’s performance history allowing it to be
valued at an extremely low level to assist, which provided for transfer.
Case Studies
Services performed
Addicus successfully resolved many of issues regarding the family and business concerns that have potentially led to
financial ruin. We began with a full analysis of the estate, issues, ownership, balance sheet, and other facets to
ensure sound recommendations. We then amended an existing trust for tax efficiency, removed the children as
trustees, appointed a professional trust company and elected a more favorable tax status for the core business.
The business was sold to a trust for the benefit of John Baker removing it from the estate for tax purposes, but
allowed him to participate in the proceeds if the company was sold. We recommended the previously incorrect gift
tax returns be re-filed, effectively established the business as estate tax free for multiple generations. Imbedded
income tax liability was solved by reworking several transactions and implementing a captive insurance strategy.
Solution implementation
In addition to the advanced planning described above, basic planning was set up to avoid estate probate and
protect the privacy of the family. Issues of fairness were addressed and the parties would be cared for separately
upon death. We engaged in a number of financing transactions with banks to refinance various aspects of the
family’s debt. The family member with personal issues was removed from day to day operations and ownership of
the business, while providing them a stable income.
Results & expected outcome
The family trusts are now controlled by a professional trustee, but the family still has a significant voice of control
and ability to direct. We were able to entirely eliminate the projected estate tax and balance the estate in a way that
ensured his spouse and children would be able to live independently. We also eliminated a substantial amount of
projected income tax liability, avoiding long term liabilities with the IRS. The estate will now transfer free of tax, free
Membership 37%
of probate, and privately, with all parties being fairly treated.
Membership
interest 63%
SUB TRUST B*
BENEFICIARY:
DAVID BAKER
JOHN BAKER 2011
IRREVOCABLE TRUST
(678 TRUST)
BENEFICIARY DEFECTIVE
JB HOLDINGS, LLC
(S-CORP)
JOHN BAKER
TRUST OF 2003
(IDGT)
WILMINGTON TRUST CO
BAKER CHEMICALS, INC
(Q-SUB)
Beneficiary
SCIN Promissory Note
$6M, Pymnt $800K/yr
JOHN BAKER
SUB TRUST A
BENEFICIARY:
COURTNEY BAKER
Demand Note
due $475,000
Beneficiaries
Beneficiary
100% Membership
Demand P-Note
$1M (Short Term AFR)
RISE & SHINE
RESORT, LLC
BAKER PROPERTIES, LLC
(S-CORP)
DAVID BAKER
COURTNEY BAKER
Demand P-Note
$1.5M (Short Term AFR)
JJB, LLC
(S-CORP, 1M PRIVATE SHARES)
SDB HOLDINGS, LLC
(S-CORP)
JOHN BAKER
REVOCABLE TRUST
BAKER JAMES PARTNERS, INC
BAKER LUMBER
(S-CORP, CASH: $250K)
25% MEMBERSHIP
BAKER ENTERPRISES, INC
(S-CORP, CASH & SECURITIES: $750K)
*Pay Note on Behalf of David $127,405/yr
We Are Addicus
Success starts with a solid game plan.
Let us build yours.
Additional Info
Copyright © 2013 Addicus LLC. All Rights Reserved. Addicus is a Mississippi Limited Liability
Company. Pursuant to U.S. Treasury Regulations known as Circular 230, unless otherwise
expressly indicated, any federal tax advice contained in this communication, including attachments and enclosures, is not to be used for the purpose of (i) avoiding tax-related penalties
under the Internal Revenue Code or (ii) promoting, marketing or recommending to another
party any tax related matters addressed herein.
This information contained herein is provided by Addicus LLC and is intended to provide general
information on a particular subject or subjects and is not an exhaustive treatment of such
subjects. Accordingly, the Addicus Brochure is not intended to constitute legal, accounting,
tax, investment, consulting or other professional advice or services. Before making any decision
future results. Further, some or all of particular items or strategies may be performed by third
party advisors or special team; Addicus makes no warranty for their work. Any Securities that
separate entity from Addicus, LLC. Addicus, LLC is not a broker/dealer, Registered Investment
Advisor (RIA), nor does it conduct any securities business.
Stephen D. Miles
CFP, MANAGING DIRECTOR
Andrew B. Adams
128A COURTHOUSE SQUARE
128A COURTHOUSE SQUARE
OXFORD, MISSISSIPPI 38655
OXFORD, MISSISSIPPI 38655
662.550.2045
662.550.2041
[email protected]
[email protected]
www.weareaddicus.com
www.weareaddicus.com
MBA, MANAGING PARTNER
weareaddicus.com
weareaddicus.com
128A COURTHOUSE SQUARE
OXFORD, MISSISSIPPI 38655
662.550.2051
Email:
[email protected]
Twitter:
@addicustweets
LinkedIn: @addicus
YouTube: @weareaddicus