Again, this depends on the level of knowledge, experience, consciousness, and mastery of the user / client / operator. If you are living a degree of individual sovereignty consciousness and are comfortable managing your affairs according to natural law, transcending ever-changing manmade statutes, then yes, the NLT could be totally sufficient for you. That is how perhaps the majority of NLT trustees operate.
It also depends on the size of the company and the level of activity of the business organization. If the business already has a substantial presence in the marketplace in a statutory entity and has a lot of clients, customers, sales, employees, and significant interaction with the establishment system, then it might be perhaps easier for the owner(s) of that business to keep the statutory company operating as before.
Then he can assign up to 95% of the company’s income to the trust, which sits in the background. It will not be 100% secret, as it will show that the majority of the company’s income and profits are going to the trust – – but at least the information about its existence and its nature will be very quiet. Such information will not be volunteered or disclosed to most parties. It will be only at the absolute minimum, and only on a need-to-know basis.
The reason for up to 95% is, you don’t want to assign 100% of the company’s assets and profits to the trust. This is because that would look suspicious to the tax authorities, and they would most likely conduct an audit on the company. But, giving the majority of a company’s income and profits to an outside entity is done all the time. Most companies do this with offshore trusts or other types of tax shelters, because they don’t know about the NLT. The NLT is the best of them all. In any case, assigning 90% or 95% or even up to 98% to the nontaxable entity is very common in business and would not raise any eyebrows.
