Bulletproof Trust Secrets
Can C-Corp Hire Employees and Send Assets To Pass-Through Trust
Yes; however, most will hire someone as a 1099 Independent Contractor so there is less paperwork, having to filing of taxes, take out withholdings, etc.
Will I Get The Bonuses / When Will The Bonuses Show Up
Inside the Member's Area - anything with additional lessons or bonuses will have the text written below saying something like: Again, a new lesson will often unlock every X hours or days. This allows students to read and absorb the materials at a ...
Can a Corporation Have The Same Name As The Owner
C-Corps can have any name, even that of the owner. The suggestion to NOT name an entity after an owner/trustee/grantor only applies to a trust so it's not seen as a Grantor/or/Family Trust.
Which Is Best: One C-Corp (Corporation) OR Multiple C-Corps (Corporations)
Most owners have multiple C-Corps if they have multiple businesses. The more that is separated, the more protection that is offered should one corporation be subject to a lawsuit.
Can A Policy (Life, Health, Auto, Home, Etc.) Be Transferred Into The Trust's Name
Typically yes; however, it is not proper for every type of insurance. It is often seen as beneficial for only vehicles and homes to have the insurance policy in the trust's name (especially if a mortgage/loan is still being paid off for these ...
How Does One Utilize A Surety Trust or Is Public Market Insurance Better
For the single home owner, it is suggested one obtain regular public market insurance (Geico, State Farm, Progressive, etc.). If the property or asset is within the trust, the trust will apply under its name - the same as if a company owned the ...
If One Owns A Corporation and Trust - How Does One File a UCC-1 Without Conflict of Interest
One should (really must) have three Trustees for each trust. Have one trustee sign on behalf of trust and another person sign as president of C-Corp. This shows there were multiple parties and avoids the conflict of interest issue in court.
How Does One Keep Track of Multiple Trusts And Their Records
We suggest just use Google Drive (free) to organize all of one's files. Keep a folder named "XYZ Trust" and another for "ABC Trust" - ad infinitum. Then use a Google Spreadsheet, which works just like a Microsoft Excel, to keep track of finances. ...
How Does One Change an LLC Into A C-Corp or S-Corp
It is best to ask one's State Corporation Division or a qualified CPA within the area, but often it will require a new filing. Apple LLC and Apple Inc. are considered unique and separate entities, each having a unique name. If one owns Apple LLC and ...
The State Won't Allow Physical Filings for UCC-1 - It's Only Allowed Online - What Now
Some states have moved to online filing for UCC-1s, but this does not inhibit a trust from printing out a UCC-1 and not filing it. The non-filed UCC-1 is simply there to show proof of an agreement regarding a debtor/creditor relationship, in addition ...
How Does A Trust Help With A Divorce / Separation
From the desk of Carlton Weiss, Just clarify at the outset that those who mistrust — miss trusts. Those who mistrust are those who make a serious mistake. What I will be discussing is the mistake of missing the point about Express Trusts and the ...
Do Secured Party Creditor (SPC) Methods Work
A UCC Financing Statement (UCC-1) is a very mighty financial instrument indeed, but only when used for the right situation. Filing a lien on a trust one did not create and did not act as trustee for is inherently fraudulent – that is demanding a debt ...
Does Sovereignty / Sovereign Citizen Methods Work
Sovereignty does not exist sadly. Carlton Weiss discusses this in much more detail, but it breaks down like this... to be truly sovereign in olden times one needed nothing less than: A plot of land that one has absolute title to, even stronger than ...
Can Anyone Trust The Grantor / Friend / Neighbor - What If They Try To Steal The Trust's Assets
If a grantor/friend/neighbor tries to make a grab for a trust's assets - do not worry. A trust means the grantor must lose ownership AND control. Finally, what will a grantor care about signing a piece of paper granting a grain of sand to The Board ...
Should One Turn an LLC Into A C-Corp
A C-Corp offers much better protections over an LLC (LIMITED Liability Corporation); the primary word being "limited" which declares it to not be fully shielded from larger lawsuits. There is still a liability if a lawsuit goes over ~$250,000 ...
If Pass-Through, Holding or Master Trusts Do Not Have Bank Accounts - How Does One Transfer Assets To Them
It's true, no bank account is required for Pass-Through, Holding or Master Trusts; however, if one wishes to transfer assets there are many ways of doing so. Most students take money from the public bank account(s) and transfer it into gold and ...
Does One Really Need A Friend or Neighbor To Create The Trust - Can One Use A Family Member
Yes, one must use a friend or neighbor in order to pass The Control Test. A family member, partner (even if homosexual marriages are not legal in one's state) or significant other is considered "too close" to pass The Control Test.
Do Billionaires Use A Bulletproof Trust
Absolutely! Billionaires (not everyone is "in on the know") are often seen using trusts, but more specifically Bulletproof Trusts. If it seems too incredible, just check this recent discovery out: ...
How Can One Prevent The Coming "Mandatory Vaccinations" By The Governments
Many have heard our private talks regarding the forced/mandatory vaccinations the government will place upon its citizenry. The solution has always been presented by placing one's body within a Bulletproof Trust. Since an irrevocable express trust is ...
Should One Get An Attorney To Help Complete The Trust
The trust is inherently private, and thus can be completed privately by oneself; however, if legal counsel is wanted for any questions in the trust's execution a Constitutional Attorney is best fit for this type of trust (private irrevocable express ...
How Does One Get This Bulletproof Trust Setup Immediately - What Are The Next Steps
The Trust Indenture (documents to fill out) is found in Section 2: BULLETPROOF TRUST SECRETS currently. One can fill in the blanks found in the trust indenture by following STEP #3: LIST OF REPLACEABLE TERMS IN TRUST INDENTURE. Once these terms have ...
How Does One Obtain a Special Deposit Non-Interest Bearing Checking Account - What If One Already Has a Different/Savings Bank Account
One can request a conversion of their current account into a non-interesting bearing account (and special-deposit too). The bank has a right to deny the special-deposit request, but asking kindly will often bring the results desired. The conversion ...
Legal Counsel / Attorney to Help Setup One's Trust
Yes, if one is looking to have an attorney draft the trust, rather than give legal counsel - one will require a local (state) attorney that is willing to put aside their BAR License to work in a private capacity. Further, insure that they are ...
Does The Trust Require An Address
The trust does not need an address unless it is interacting with the public. The address can be a P.O. Box or it can be one's home address, it typically does not matter. If building corporate credit with the trust then do not use a P.O. Box for the ...
How Does One Transfer A Business Into The Trust
Regarding ownership transfers, always keep a paper-trail for evidence by utilizing the Private Security Agreement template found in Section 2. Beyond this, it is as easy as changing names on one's state website regarding ownership. NOTE: If the ...
Must The Grantor and Trustee Be Together When Signing The Trust Indenture for Notarization?
No. The Grantor and Trustee can use an online notary service (search Google) to obtain a notary instantly, even when the parties are on different continents! If an online notary is not an available option, there is the ability to have 2 signatures ...
What If The IRS Audits The Trust
The IRS typically audits what it has a paper trail for. So if required to file a tax return for the trust, they are able to initiate an audit process. Typically, it works like this: If one has submitted a return, there is very little that can be ...
If A Spouse Is Signed To A Contract - Do Both Parties Need Consent To Transfer The Asset Into The Trust
Yes, all signatures/authorizations are needed. If all holder's in equity are not made aware of the transfer, it could be held fraudulent/invalid. NOTE: Land is different, in that allodial title in fee simple is obtained and then equitable parties are ...
How Does A Trust Avoid Probate
Probate occurs if one does not name a beneficiary for an account (IRA, 401K, etc.) the funds will go into the estate and will be distributed through probate causing delays, reducing the amount received by the beneficiaries, and limiting payout ...
Transferring CD Account Funds To Trust Account
A certificate of deposit (CD) is a bank account that gives one a defined rate of return for holding the money in the account for a designated period of time, often three months or longer. An ordinary CD generates a 1099 form reporting the interest ...
Donation Limits For Trust
There is a limit to the amount of all charitable contributions allowed during a tax year (for private and statutory trusts). One's total charitable deduction can't exceed 50% of one's personal adjusted gross income (AGI) to public charities (100% for ...
How Does One Transfer Assets (Home, Car, Etc.) Into Trust
If the Grantor is the equitable/legal title holder of the asset, it may be granted into the Trust (without a necessity for probate). No matter the asset, it can be granted into the Trust's ownership. Passing assets to heirs can be done by a ...
What Is The Difference Between a Will and Trust
Wills May Turn One's Heirs Gray! Think about who distributes the money: a network of accountants, lawyers, appraisers, administrators, trustees, executors and…the courts. When does one get their money? ‘After’ everyone else gets theirs ‘After’ all ...
Corporate Double Tax Applies When
One must have associates AND joint business interests AND (3) of the next four characteristics: Limited Liability Free Transferability of Interests Continuity of Life Centralized Management
Can One Receive Social Security Payments Into The Trust
We don’t suggest setting up a trust for Social Security. Often the benefits of a private express trust give a retiree the ability to improve their livelihood by wearing the protection of the trustee’s armor, allowing for compensation in administering ...
Louisiana Has French Civil Law vs English Common Law - What To Do
The French civil law applies to any Louisiana state citizen who claims their natural rights without federal jurisdiction, e.g. not claiming to be a 14th Amendment Citizen. The laws are similar, save three scenarios: (1), gifts are more easily valid ...
Can The Irrevocable Trust Indenture Be Modified
Yes, this is known as consent modification. 1) Get authorization from the grantor/creator + all beneficiaries + all trustees to make any and all changes to the trust indenture. When a minor or unborn person is a beneficiary, consent on the ...
Can The Trust Receive Credit Cards - What About Debit Cards
Yes, a trust can apply for credit cards. This will create minimum contact in the public, so utilize an Operating Trust; however, we typically suggest a C-Corp to build corporate credit. Debit cards are often issued on trust bank account opening, if ...
Can The Trust Hold The License Needed (Contractor, Driver's, Etc.)
Yes, the trust can hold any license for any activity. Sometimes the laws/rules don’t allow for a trust to get a specific license. Often it's best that the trust doesn’t get the license, but it does all the banking and operating. Instead simply get ...
Deposit Social Security Into Trust Account
The Social Security office will not deposit the checks into a trust account. The reasoning is the taxpayer is the one who paid in, and must receive said benefits until death (a trust can live forever).
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