At https://natural-law-trust.brillianceincommerce.com, if you scroll down near the bottom, you see “U.S. Court Precedents Validate the Rights of a Private Contract Trust Organization“. That gives legal-minded people some insight and comfort.
In addition, the Convention of 1 July 1985 on the Law Applicable to Trusts and on their Recognition at The Hague, Netherlands, became international law, never overturned and still in force today. See:
- https://www.hcch.net/en/instruments/conventions/full-text/?cid=59
- https://assets.hcch.net/docs/8618ed48-e52f-4d5c-93c1-56d58a610cf5.pdf
- https://www.hcch.net/en/instruments/conventions/status-table/?cid=59
In addition, Croker v. MacCloy, 649 US Supp 39 says that “A pure Trust is non-statutory. The Court holds that the Trust is created under the realm of equity under common law and is not … created by legislative authority.” It is private – – not registered with a statutory body, although assets held might be registered – such as trust owning real estate property that gets listed at the county recorder. The government number assigned to it is used for “banking purposes only” and the trust functions as a pass-through entity regarding income tax. If set up correctly and administered correctly by the trustee(s), tax agencies don’t consider the trust to be taxable as that they view it as a pass-through to the individuals or entities that are possibly taxable.
When a tax ID number (EIN – Employer Identification Number) is applied for, for banking purposes only, for a Natural Law Trust, the online letter that comes from the IRS providing the EIN states that “form 1041 must be filed”, but that only applies to statutory entities. “If no information or return is filed, [the] Internal Revenue Service cannot assess you”. – – Gary Makovski, Special IRS Agent, testifying under oath in US. v. Lloyd. The IRS has no category for “non-statutory”. The NLT constitutes an exception (not exempt – big difference), in the sense that the statutory filing requirements don’t apply to them. This fact has been successfully tested by all NLT clients for several decades. It is a well-established fact.
For further support, read the website of The Art of Passing the Buck – https://passingbucks.com. Their two-volume set of books went through an INTENSE IRS court case, and the IRS was UNABLE TO CHANGE ANY of the text they had written . . . including comments about the IRS’s connection to Puerto Rico. The Art of Passing the Buck has LOTS of court cases listed, including cases where people did things WRONG.
Another of the texts that has contributed to the synthesis that the NLT has incorporated is the book “The Law of Trusts” (Core Texts Series) – Oxford University (Available from Amazon at
https://smile.amazon.com/dp/0198795823/ref=cm_sw_r_cp_api_glt_fabc_PXNG36W94DXHY4NYFCK3)
