TRUST FACTS
A Simple Understanding
Privacy and Inheritance Security Asset Protection Strategies
In this ‘lotto law suit’ society we live in today, one successful suit against you or your family and your entire life work can evaporate with a judge’s order, turning a happy retirement into a financial nightmare.
Maybe you’re 25 years into a marriage contract or currently giddy about enjoying happy nuptials with your mate to-be, beyond any consideration of what happens to your pre-marital assets when and if some day in the future you are served with divorce papers. Maybe you have invested 30 years in developing a strong business and now in the twilight of life you’re thinking about what to do with the business; whether to leave assets to your children, grandchildren, or other love ones. Whatever your circumstance, if you don’t know how to avoid probate court Uncle Sam’s minions and lawyers can take a significant portion of the estate’s assets. You need to plan ahead and protect your sweat equity with the best vehicle available – a Trust.
A Trust by far is unquestionably the best form of asset protection vehicle available today and an Irrevocable Express Trust or an Offshore Trust offers the best Trust protection against:
- Abusive Lawsuits
- Personal, Private & Government Lien Claims
- Over-taxation, Inheritance Taxes and Estate taxes
- Invasion of Privacy Regarding Business and Personal Finances
- Loss of Legacy Assets
- Unfair Probate Court Rulings
A Trust Lets You Live Thru the ONCE Concept; – “OWN NOTHING, CONTROL EVERYTHING!”
A TRUST: WHAT IS IT?
Black’s Law Dictionary defines a Trust as “A right of property, real or personal, held by one party for the benefit of another.” In practical terms, a Trust is the relationship created when someone (referred to as a “Settlor” or “Grantor”) transfers control of their property and assets to one or more people (referred to as “Trustees”) for protection, management and growth for the benefit of one or more people (Beneficiaries). Additionally, there are many types of Trust in use for a variety of reasons, although the core reasons are those outlined above. For instance, there is the Corporate Trust, Land Trust, Charitable Trust, Living Trust and the Private Trust. There are also revocable (can be revoked or terminated) and irrevocable trusts (meant to be permanent; cannot be overturned or terminated).
Two primary general categories of Trusts are Statutory Trusts and Pure Trusts. We are only speaking of the Pure Trust in this instance. The Irrevocable Express Trust is one form of a Pure Trust that is created under the common law right of contracts as guaranteed in Article 1, Section 10 of the U.S. Constitution. In Schumann-Heink v. Fulsome, 159 NE 250, 58 AIR 485, the court refers to this when they state the following, referring to the common-law Trust;
“They are created under the common law of contracts and do not depend upon any statute.”
The Pure Trust’s legitimacy has been certified time and time again by the Supreme Court of the United States. The Pure Trust is the ultimate in privacy and confidentiality. In terms we all understand, a Trust protects you from:
- LAWSUITS
- PROBATE
- INVASIONS OF YOUR FINANCIAL PRIVACY
- ESTATE TAXES
Asset Protection Systems cannot be altered in any way by:
- DEATH
- INSANITY
- INCAPACITY
- BANKRUPTCY
- And it is not subject to THIRD PARTY LIABILITY.
A Trust can render your assets JUDGMENT proof! To maximize the benefits of a pure trust it must be “irrevocable”, although there are times and for strategic reasons why you may utilize a revocable Trust, such as when purchasing certain land titles. If the trust is “revocable” the settlor can change his or her mind and cancel (terminate) the whole Trust. It does not protect against judgments and probate rulings; or income, inheritance, transfer or estate taxes, and under federal law the total value of the assets of a revocable trust are placed in the estate for tax purposes.
In Greek mythology it is said that Plato set up the 1st trust in 400 BC taught to him while in Egypt, Africa studying under the learnt elder scribes. One of the first Trusts set up in America before the Constitution during the Confederation of States was set up for Governor Robert Morris of the Virginia Colony. It was named “North American Land Company” and still exists today.
The Constitution and various U.S. Supreme Court decisions guarantee all aspects of a Pure Common Law Express Trust. It is relatively inexpensive to establish or maintain and can be done without an attorney with the proper paperwork. A Pure Trust is lawful in all 50 states and can oversee business in multiple states and jurisdictions. A Pure Trust changes the title of your assets from your personal name to the name of the Trust, but you can access and use all Trust property and Trust assets during your entire lifetime. Beyond your lifetime, whomever you desire to benefit from the Trust you created will continue to benefit from and be blessed through the existence and proper management of the trust by the surviving trustees, who are authorized to continue to manage and administer all affairs of the Trust and grow the assets of same in perpetuity, from generation to generation. As trustees grow old, they exercise the authority to appoint successor trustees before they resign or die to continue the management and guidance of the Trust. That makes the Trust the perfect structure for creating a foundation of true generational wealth. That is the supreme purpose of an Irrevocable Express Trust, the most common form of the Pure Trust that we teach.
A Pure Trust prevents information about your assets, liabilities, and heirs from becoming public. A Pure Trust has most of the benefits of a corporation with none of the disadvantages, because you can use it to reduce most taxes and legal liabilities. A Pure Trust can operate anywhere as a lawful business. It has no periodic disclosures or accounting to make to any state or local government. The Pure Trust has the very same constitutional guarantees as any individual (natural man and woman), including freedom from unwarranted search & seizure, the right to refrain from self-incrimination and all the other rights granted to us under Common Law and Natural Law.
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You and your guests are INVITED! Every Monday @ 9pm EST to a FREE Introduction to the Private Family Express Trust. Have all your questions answered.
Conference Line: 667-770-1469
Conference Pin Code: 9465927#
Thank You,
Private Economic Community Administration
“Ground Floor ACCESS To Economic Empowerment”