Bulletproof Trust Secrets
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).
Can One Name Children/Minors As Successor Trustees
No. Everyone must be of legal age and preferably knowledgeable from our training to be a trustee. Trusts are extremely difficult to administer if one knows nothing about them.
Can A Check Made Payable To LLC Be Deposited To Trust Bank Account
No; however, the LCC/entity can sign a check over to the Trust - which then allows the Trustee to deposit said check into the Trust bank account now.
Can An LLC/Corporation & Trust Have Same Name
Yes; however, the difference will be easily distinguished by the company information proceeding the name. The LLC will show as "ACME LLC" but the Trust will show as "ACME Trust" as is required by law. In fact, no company may contain the word "TRUST", ...
Can Trust Protect Against Vaccinations, FDA & SWAT Raids, Etc.
There is a mixture of elements involved in this issue, namely that vaccinations focus on a personal/public health issue while raids occur due to the property being in the public domain rather than the private (thus a Real Estate Secrets issue). On ...
Can This Work With Living Wills, Do-Not-Resuscitate, Living Trusts & Last Wills
Yes/No. It all depends on the situation and how it is applied. Living Wills are separate from the trust and have to do with one's personal health (not as a Trustee) and therefore is suggested for everyone! Get a "printable Living Will form free" by ...
Can One Move An Asset With A Lien Attached To It - Into The Trust
Typically an asset with a lien cannot be moved into a trust unless the trust will continue making payments on the loan. Both a vehicle and home can be sold with liens attached to the asset. NOTE: A mortgage is not a lien, no lien is placed until a ...
What Cases Support The Private Express Trust
THE ROCKEFELLER TRUST CASES Gary Allen ‘The Rockefeller File’ 1976 Press, Seal Beach California Standard Oil Trust involved in Rice vs Rockefeller 134 N.Y. 174, 31 NE 907 Watson vs. Standard Oil Co., 49 Ohio 137 30 NE 279 BUSINESS TRUST LAW CASES 13 ...
How Is Trust Res Distributed at Termination to Beneficiaries and Capital Certificate Holders
Those details are covered inside the Indenture, specifically: 8.04 Ownership of Capital Certificates shall not entitle the Exchanger to any legal or equitable title in the Trust, nor to any undivided interest therein, nor management thereof, except ...
Can a Trust Start a C-Corporation or S-Corporation
Yes, a trust (with an EIN) can start a C-Corporation, but not an S-Corporation. S-Corporations do not allow trusts these same rights. The trust cannot serve because only a natural [living] person can serve as a corporate officer. Although a private ...
Real Estate Deals are Private, Given There Isn't a Loan, Right?
Not really. Most real estate is publicly registered and must be taken into the private realm before it should be placed inside a Private Express Trust. To do this, we have documentation on Allodial Land Patents which essentially combines legal and ...
Does a Hard Money Lender Constitute a Private Contact Between Individuals OR Would Form a Minimum Contact
Most hard money lenders take a lien against the property as collateral. If that's the case, there will be evidence of dealing in the public forum. Also, real estate is registered in the county, which puts it into the public forum jurisdiction to ...
What's A Holding Trust And Why Does One Need So Many
Each holding trust is ideally for one limited purpose: to interact with a chosen public forum by limited interaction with one public entity. By using holding trusts as the go-between from the public entity to the private Master Trust, no public ...
Can A Private Express Trust Operate Privately While Having Control Over A Public Entity
A private trust can hold interest in and/or liens over entities in any jurisdiction and operate from without those jurisdictions, i.e. foreign to those jurisdictions, as long as the trustee does not make minimum contacts into those jurisdictions by ...
Is There An Offer For Pre-Made Trusts
No. We share the knowledge and sample documents to assist in successfully creating and administering the trusts.
What Is The Benefit of A Private Express Trust vs Corporations
The private express trust is governed by its indenture (trust contract), unlike the corporation which is a government franchise and governed by statute. Trustees are the sole authority and are afforded more leverage than a board of directors of a ...
What Is The Benefit Of A Private Express Trust Versus A Statutory Trust
If one wants to use the statutory courts, whether federal or state, to have jurisdiction over the trust affairs and assets then create a statutory trust. Private express trusts are just that, private. They are the only truly private form of ...
Does One Need A Lawyer To Set Up A Private Express Trust
No. In fact, a member of the BAR cannot create what one can create privately themselves. BAR membership is governed through the Inns of Court by the Templar Temple, a private corporation whose only allegiance is to the City of London, a private ...
What Is A Private Express Trust Organization
As defined by Alfred D. Chandler, Esq. in a report submitted to the Tax Commissioners of Massachusetts on unincorporated associations circa 1911: “Express trusts put the legal estate entirely in one or more persons while others have a beneficial ...
Does One Need to Name a Successor Trustee
This depends on the individual bank one is opening an account with. For example Chase requires a Successor Trustee, but TD Ameritrade requires a Co-Trustee, and other banks only require one Trustee to sign. Call the bank before the appointment to ...
Does One Need to Name a Beneficiary
Every trust MUST name a beneficiary, but it does not need to be named in the Trust Corpus documents. In fact, it is explicitly stated that for privacy concerns, the beneficiary will be named in the Trust Minutes of the very first Trust Meeting. The ...
Can Someone Be Grantor/Creator + Trustee + Beneficiary
No. A contract between only (1) party is invalid, contracts require (2) or more parties to be considered valid. One can be Grantor and a/the Beneficiary. There is no conflict of interest being Grantor & Beneficiary because Beneficiary cannot ...
Where Should One Get Their Notarization Completed
We suggest getting the notary service at any local bank. When one sets up an appointment, let the person/booking portal know the requirement of a notary. The bank will deliver this service for free often, saving $25 to $35 per notarization. One can ...
What Does One Need To Open A Trust Bank Account
First, ensure the Trust Corpus and forms are properly filled out (do not sign them yet). Next, get the EIN from the IRS, online. With these materials in hand, set up an appointment for one of the following banks: Chase Bank TD Ameritrade PNC CitiBank ...
How Is The Trust Used When Having A W-2 Job
If one is paid under an their SSN (Social Security Number) then reach out to the employer and correct any information returns they have (W-4, I-9, 1099, W-8BEN, etc). Sign the sheet replacing NAME with the TRUST NAME and sign NAME, TTEE (shorthand ...
How To Have A Sole Proprietorship Placed In A Trust
Follow the instructions in the program for adding the an entity's assets into a trust (Private Security Agreement with property recorded in Schedule A). One can only transfer the assets of the sole proprietorship into the trust. Because a sole ...
Can One Put an IRA or Retirement Pension Into Trust Without Triggering A Taxable Event
No, one cannot put their individual retirement account (IRA) in a trust while living; however, naming the trust as beneficiary is acceptable. If one takes an IRA out of their name, it will trigger a taxable event, even though the trust may be tax ...
Why Can A Trust Not Be Sued
The best place to look, is at the most well-established trust we know, the United States of America Inc. This trust/corporation has ruled numerous times on laws that Congress passed that interfere with contracts of it's sub-corporations (Persons, ...
What About Personal Income Taxes
Yes it's true that Steve Miller, former Director of the Internal Revenue Service (IRS ) admitted at a Congressional hearing that the taxes collected by the IRS are not mandatory – but voluntary. When questioned at the House Ways and Means Committee ...
What Can Private Express Trusts Do
1. Assets are protected 100% — #1 enemy in the world is litigation. 2. Protection from creditors. 3. Protection from liability suits. 4. Protection from malpractice suits. 5. Protection from employees. 6. Protection from personal bankruptcy. 7. ...
How Much Does A Trust Cost
Anywhere else, the answer is $2,000 to $7,000 to buy a 'custom' trust. We believe a trust is useless without understanding. The true value is in the knowledge of how to create and operate the trust. Once a person invests in the knowledge, there are ...
Why Should Someone Get The Trust
The Private Express Trust protects a person, their family and assets, limiting tax liability, inheritance taxes and funds that go directly to the government, as well as preventing garnishment of wages. With other trusts one would need a lawyer to ...
What Codes, Statutes or Body of Law Does The Trust Follow
The Trust is founded in Natural Law (and some Common Law), different from Admiralty Law which is practiced the world-round. In fact, to secure a judgement over any Common Law Trust, one must first find a COURT OF EQUITY that has venue AND ...
IRS Says Irrevocable Trust Is Responsible For Taxes
Here is what the IRS website says itself in quotes, "An irrevocable trust is a trust which the grantor has no control over" and cannot be repealed or annulled. "The trust will be responsible for reporting income on form 1041." Every word on the IRS ...
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