Asset Protection Services of America Trust

Irrevocable Spendthrift Trust

Asset Protection Services of America Trust is a Distributor of Benson Financial Trust copyrighted materials. On November 29, 1999, the first "Master Spendthrift Trust", a "Non-Grantor, Irrevocable, Complex, Discretionary, Spendthrift Trust", was filed with the U.S. Copyright Office, and Copyright Registration Number TXu928247 was issued for it as an original work. The Copyright Office noted that it was the first and only trust in American history that had ever been copyrighted.

The substance and form of the original "Master Spendthrift Trust", and the current "Benson Financial Trust", were first constructed in the early 1970’s. The original series of Master Trusts were created by Robert N. Benson, Esq., who was a Harvard educated attorney and a protégé of Professor Austin Wakeman Scott who taught at Harvard Law School. Professor Scott is the renowned author of “Scott on Trusts” recognized as the leading treatise and authority on Trust Law in the United States. Mr. Benson studied and taught classes under the guidance of Professor Scott. After graduating from Harvard, Mr. Benson became a partner in a prominent Wall Street Law Firm providing his legal acumen to high-net-worth individuals to plan and protect their estates through various Irrevocable Spendthrift Trusts which are the predecessors to the subsequently copyrighted Master Trusts, copyrighted under the authority and approval of Mr. Benson.

In approximately 1995, Mr. Benson partnered with Tarrant County Judge George W. Boring who, utilizing paralegal Richard Ronald, formed a new Law Firm offering Trusts to everyone - not just the wealthy. Mr. Richard Ronald partnered with attorney Robert N. Benson to refine and copyright various trusts, including the "Master Spendthrift Trust", which subsequently became the current "Benson Financial Trust". Over 125,000 people have taken advantage of Mr. Benson's trusts created and sold over the last 50+ years. Read our Client Testimonials today.

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(Last Updated April 2, 2025)