by The Benefactor
Updated as of June 8, 2016
Q: How long does it take to set up a Natural Law Trust?
A: Usually two business days, from the time that our trust writer receives your order. Typically it can be two business days, but it depends upon questions he will ask you, your answers, his work load, how fast you respond, what special documents may be needed, customizations, unique arrangements, etc. For example, he might make you settler (grantor) and beneficiary, or he might make you trustee, depending on your particular use of the trust, intended relationship, and availability of friends or family members to fill any of those roles. Sometimes a client is asked to find someone who is willing and qualified to play the role of trustee, and sometimes clients can take longer than expected to negotiate that arrangement with their friend or family member. So that timing depends upon the client, not upon our trust writer. If the client plays the role of trustee, then a decision has to be made as to who will fill the roles of settler and beneficiary. This is all arrived at in one-on-one discussions with our trust writer, and then it is up to the client to decide. Once all this is clear, our trust writer can basically produce the trust documents within two days.
Q: What is the difference between trusts and other legal entities based on natural law, and ones based on statutory law?
A: Statutory law consists of millions of laws. They change every year and are so numerous and complicated that they require well paid lawyers to keep up with them. They have created a whole industry of lawyers that parasite off society because of it. Such laws are generally designed to benefit the few at the expense of the many — the lawyers, the politicians, the big corporations, and the cabal’s favored interests. Legal entities set up under statutory law are subject to those millions of laws, and require expensive and complicated legal expertise to defend them.
Natural law, by contrast, has been around for millions of years, and will continue to be around for millions of years. It rarely changes. It’s basically, “Don’t lie, don’t steal, and don’t violate the rights of others.” It is the closest thing to natural law, or universal law, that is active in human affairs. It was the basis of the US court system until 1938. It is still the underlying authority, and is now returning in force. Witness the work of Kevin Annett and others, to expose the Pope using natural law courts.
Trusts and legal instruments that are created under natural law have far greater freedoms. They are subject only to the natural law, and are thus sovereign and immune from the ever-changing statutory laws. They can go on generation after generation, well into the Golden Age, and flourish, because they’re based on what is timeless.
Q: Please explain what is the Protector, Creator, Trustee, Beneficiary?
A: The words Creator, Grantor, and Settlor refer to the same person . . . the person who has the trust created and who places assets into it. The Trustee is the person in whose care and stewardship the trust is placed . . . who assumes the responsibility for the safety and proper administration of the trust’s assets. The Beneficiary is the person (or entity) for whom the assets are being held, for distribution at a later time. The Protector is the person appointed by the Creator and/or the Beneficiary to hire and fire trustees. Not every trust has a Protector; whether one is appointed is the sole choice of the Creator and/or the Beneficiary.
Q: You said I don’t own the trust, therefore I don’t have to pay taxes. So who owns the trust?
A: No one owns it — it owns itself. That’s the whole point — to remove “ownership” (and therefore liability) from the individuals.
Q: Do I get an EIN for the natural law trust? How long would it take to get that #?
A: [The EIN is for those who wish to open a bank account for the trust in the United States of America. It stands for Employer Identification Number, and even if you have no employees, the trust still needs to get the number from the IRS, for banking purposes only.]
For those living or banking in other countries, each country may have its own national business entity identification number that may need to be acquired to open a bank account in that country.
You only need the EIN, or equivalent number in whatever country you are in, if you are going to open a bank account for the trust. The EIN is “for banking purposes only” — not for filing tax returns. Do NOT file any tax return for the trust! The EIN is required by the banks in the USA for opening accounts.
The EIN is very simple, easy, and quick to get, and it is free. It is done online on the IRS website and our trust writer can show you how to do it. Once the form is filled out, it just takes a few minutes or seconds for the system to generate it.
Q: One thing that concerns me, is simply that, as you mentioned, this trust is not understood by lawyers. It sounds like if there is ever some problem, the only person that could deal with it is your friend.
I wonder if he goes away, where that leaves me. What or how would a situation like this be handled with this setup? In other words, I am concerned that only one person understands this and handles this type of trust.
A: It is incorrect to think that it is understood by only one person. There are hundreds of thousands and perhaps millions of people throughout America and the world who use such trusts and understand them. While it is true that the science and art of such trusts have not been taught in the cabal-influenced law schools, and thus perhaps less than 1% of 1% of the Bar-licensed attorneys understand them, there are a few.
There are more non-Bar member natural law lawyers and paralegals that are educated in them.
In essence, it’s a simple contract between the settlor/creator and the trustees. It is handled like any other contract between two or three people. Bar-licensed attorneys want you to use theirs, so most of them give the natural law trusts a bad rap, yet many of them sell their versions online, as “asset protection trusts”, “irrevocable trusts”, etc.
While our trust writer is the best in America that I’ve seen, there are many natural law professionals around the country who understand this type, this category of trust. We would certainly miss the quality of our trust writer’s work if he were to retire or become unavailable, but there will always be others who will carry the torch.
We have known our trust writer since the early 1990s, and he isn’t going anywhere any time soon. It is highly likely that before he becomes unavailable for further consultation, he will have informed us of people he has trained, or who think like he does, in whose care he can leave us.
Q: Your House of Freedom trust sounds very good to me, although all the set up sounds like a total life makeover for me.
A: No, it is not a “total life makeover”. All it is, is acquiring a wonderful instrument with which you can do many things. You don’t HAVE to do ANYthing in particular with it. It’s entirely up to you. Neither our trust writer nor we can advise you what to do with it. But we’ll share a simple thing that CAN be done with it, by anyone who acquires such a trust. One can do all banking, business, and commerce in the name of the trust. That way, when customers or clients pay for anything, or one receives money or payment for anything, it goes to the trust. For nontaxpayers, filing is not an issue, but even for filers, one would have no income in one’s personal name to report. So even if one files, it is more possible that one may not owe anything.
The trust can pay all one’s bills, as well as whatever other distributions one designates, assuming sufficient money has been put into the trust, such as humanitarian donations, investments, business expenses, etc. One can write checks out of it the same way one would out of one’s personal or corporate name if one had no trust. One can use the Visa or MasterCard debit card to withdraw cash out of it just as one would do in one’s personal name.
Thus, the reason we say it is not a “total life makeover”, is it is not as complicated as you seem to be imagining. It’s really very simple. You could just continue doing everything you were doing before. The only difference is, now you could be doing it in the name of the trust.
Q: Can I put my IRA into the trust without triggering a taxable event?
A: If you take an IRA out of your name, it will trigger a taxable event, even though the trust may be tax exempt. So, the taxes would occur before you can put the assets into the trust. A better way would be for you to make the trust the beneficiary of the IRA. Then, that would be a non-taxable event. It would be an exchange for beneficial interest in the trust. So, you can name the trust as beneficiary of the IRA, and use the trust to hold other assets as well.
Q: I would like to see what a trust looks like . . . any site?
A: Your trust will be emailed as a Microsoft Word document attachment. Then it is recommended for you to print it on paper, if you wish, and insert it into a 3-ring binder notebook. This is because over time, many of the documents being added to the trust will have original wet ink signatures, and sometimes notarizations on them. In addition, it is always good to have a hard copy, in case anything happens to your computer. Our trust writer would only post-mail something to you if his signature is needed on anything. The main corpus consists of about 30 pages, but many more pages will be added as the trust develops over time. Plus the manual is about 15 pages.
Bigger is not necessarily better. If the trust had 100 or 300 pages, it might contain a lot of unnecessary stuff that would make it more complicated than it needs to be. In this case, a trust with shorter text and lesser pages is actually more powerful and beneficial, because we have distilled the essence of the best legal and asset protection principles down into the most concentrated and user-friendly form.
These materials are proprietary and are not published on any website anywhere. If you find any on a website, it would be very advisable to avoid using them, because our trust writer and us have decades of experience in eliminating so much of the nonsense out there and retaining only the trust documents and language that are most essential, correct, and beneficial for everyone concerned.
Further, you wouldn’t want to use anything that has been exposed to the public. The corpus of the trust is very private. It is never to be shared with anyone except your closest family and friends and/or whomever you may bring into the trust as any kind of officer or partner. Only a few pages are to be shared with the bank — the minimum necessary to get an account open. Our trust writer will show you which pages. All the rest of the trust is never to be shown to any institution or agency, without the consent of the trustees. The privacy of it is one of its protections. That’s why you really don’t want to be asking me for a website where you could “see” the trust.
We can send you an attachment of a trust indenture generic title page and first page, if you wish, so you can see what they look like. That’s all we are at liberty to show you at this time, until you have become a paid and registered trust client.
Q: I have some concern about doing business over the phone to Hawaii.
A: Why? Most people shop online from around the world. You are not doing anything illegal, unethical, or that would need to be hidden. Other than not showing most of the actual trust contents to most outside parties, the fact of setting the trust up and having a trust is no secret. After all, if you’re going to bank with it, you make its existence known to the IRS, to get an EIN. (Or for those in other countries, the equivalent business identification number from your tax agency).
The IRS (or tax agency in your country) will have the trust name, your name, your Social Security Number (if you are going to be the trustee and signatory), and other pertinent details. Our trust writer will provide the directions and instructions for you to make the application. It only takes a few minutes to get the EIN. The EIN is “for banking purposes only”, NOT for filing tax returns. The IRS will never ask you for a tax return on the trust. So don’t volunteer it.
So if the IRS knows all about your trust, who else would you wish to hide your communications about it from? Do you think the National Security Agency will be listening to the phone calls or intercepting your emails? Who cares? Let them listen! It may bore them to death. There is absolutely nothing of any great interest to them in your getting involved with this.
We have much to protect, but nothing to hide. We walk into the bank with a few pages from the trust and open a bank account. We provide our SSN as the signatory, and the EIN for the trust. The bank has all the info about the trust in their computer records.
So this is all done in the full sunshine of daylight. Our trust writer and his clients talk openly all the time on the phone about every intimate detail of the trusts and related business affairs. We email such details back and forth likewise, without encryption. We have been involved with these trusts this way since 1993, and our trust writer since sometime in the 1980s. So have countless other people worldwide. We’ve had no problems. So what are you worried about?
Q: This natural law trust seems to be designed specifically for US citizens.
A: It wasn’t “designed for US citizens”. It existed long before the USA ever came into being. It is ancient. It was simply adopted and utilized a lot in America. Since more people from the USA seem to use it than other countries, more US laws have been located to authenticate it, but it can be equally authenticated in any country. It is used throughout the world. Everywhere, the natural law exists, and has pre-dated statutory law. It is the right of all human beings everywhere to enter into private contracts with each other . . . as long as doing so doesn’t violate the rights of anyone else. This is surely verified by numerous Supreme Court cases in most countries.
Also, although natural law instruments are better than statutory ones, in general, our trust writer also arranges for statutory entities to be set up if you need them — whether they be corporations, foundations, IBCs, statutory trusts, or whatever, in any jurisdiction in the world. And he can help you structure asset protection layering between them, if you wish.
Q: But I am a Canadian citizen and most of my close family are EU – European Union citizens (German citizens) and not US citizens.
A: That’s absolutely fine. It is equally applicable to all countries. That is the appeal of it. Natural law is universal; and therefore any trust based on it is more simple, more flexible, and more international than statutory entities.
Q: US banks are obligated to inform the Canadian revenue agency about all my assets held in the US banks. [This question applies to readers anywhere in the world, outside the USA.]
A: The assets in the trust will not show up anywhere as being “your” assets. They will belong to the trust, not to you.
Q: Since we are not able to meet your trust writer in person and he has no webpage, no proven records of successful practice, how can we be sure that our assets, properties and a business would be safe in the trust that he designs?
A: Meeting our trust writer in person would not guarantee that the trust he sets up for you would protect you. If our trust writer had a website, that too could be misleading, as many websites are. It is not the meeting or the website that gives credibility. We can assure you that the trust will protect you, and that our trust writer is honest and of integrity, but you also don’t know us. I understand. The way that you can know, is by understanding some very simple things.
One, no government anywhere has any right to prevent you from entrusting your assets to anyone else, including a trust.
Two, if you transfer ownership of your assets to another entity, you no longer own them. If you no longer own them, no one can take them from you.
Three, the trust that our trust writer sets up for you is written in plain, simple, easy-to-understand English. It is not complicated and it does not require a law-school-educated attorney to understand. You can understand it yourself, just by reading it. In reading it, you can see very plainly that it protects you, it protects your assets, it gives you control, removes liability, and allows for nearly infinite flexibility.
Four, this flexibility allows you to structure it and operate it just about any way you want to . . . as long as you aren’t violating the rights of anyone else. This means that you are in the driver’s seat . . . and you won’t need to trust us, or our trust writer, or anyone else. If you can trust yourself, you will see in the trust document that it will give you whatever arrangements you want.
Q: Would your trust writer help us to understand how payouts for our employees will be taken care of, in a precise, timely and safe way?
A: Yes, our trust writer will be available for ongoing consultation, however, you don’t really need him to answer a thing like that, because you would administer your affairs pretty much the same as you would without the trust. The only difference is you are doing it in the name of the trust. Otherwise the rest of your individual, business, commercial, and investment affairs are the same. The only time you would need to consult him is if it specifically pertains to any aspects of the trust that are perhaps not already covered in the trust manual.
Q: How can we be sure that unauthorized people will not be able to access our trust bank accounts?
A: Most of the answer to that question would come from other sources, because the issue would not be with the trust . . . it would be with other policies of security at the bank or mechanisms of security on your computer. The trust itself only authorizes the people to have access to the bank account whom you designate. If you designate no one other than yourself, then that is the way it will be. You can be the sole authorized signatory on the bank account for the trust if you wish to be. If anyone else were to access the bank account without your permission, it would not be the fault of the trust . . . it would be the fault of insufficient bank security or insufficient security on your computer, your identity, etc.
This writer has been using this type of trust since 1993 and banking with it since 1996. So have many of our friends. We have done commerce with them, investments, business, banking, international transactions, all kinds of things. We have never had a problem with them. If they are designed and operated correctly, you will have no problem. And they have gotten better and better. The version our trust writer is providing now has improved, year after year. He keeps adding refinements, adjustments, and improvements.
Q: We would most likely need to attend one of you and your trust writer’s special introductory workshops in order to get a deeper understanding about what are the benefits of the natural law trust.
A: Believe it or not, we don’t conduct workshops. You are overcomplicating things. You need to relax! It is really simpler and better than you seem to be imagining. We think companies that run big promotions of trusts or other legal entities with seminars and so on actually do less good for their clients than our trust writer is doing. Precisely because he has so few clients, and is so little-known, he is able to act more like a friend and give more personal attention. Companies that run workshops, on the other hand, are less personal, and will be less caring, with less personal concern or attention.
Our trust writer has an excellent history of avoiding trouble, and his clients have generally avoided problems with the trusts as well, due to the proper design of the trusts, and the recommendations he provides for proper operation of the trusts.
You are more fortunate than you may realize, to have the offer to be introduced to him. He is not famous or high profile and we want to keep it that way. Neither he nor we have advertised his services. We were invited a few times to speak on certain conference calls about the credit card debt cancellation and the trusts, but frankly, we didn’t want to be going that high profile, talking to thousands of people. But people kept asking, and so we finally consented. But otherwise, we have not publicized our trust writer’s services, and neither does he. You are very fortunate to learn about him.
If you found information about this on a website, neither he nor we posted it. Someone else posted it, usually without even our knowledge or consent. Other than that, our trust writer’s business has always been by word of mouth only, and good reputation.
(The question below adds more to this thought about learning, so please read that too.)
Q: I would like to learn more about the whole philosophy of this trust.
A: Thank you for showing so much interest, and we are glad you wish to learn. However, our trust writer and us have chosen to go a different way than most natural law trust purveyors. Where many of them get overly wordy and complicated and develop it into a business and almost an academic institution, we have preferred to take more the spiritual approach, which is to keep it simple, concentrate the best of all approaches into a shorter form, free up the user’s time, and leave more time free for spiritual practices and quality time with the family.
After all, money, possessions, asset protection, physical things, and all the concerns about them, are not everything. You know that the meaning of life is much deeper.
There are complicated websites and extensive natural law seminars, books, and verbose speakers who will hold forth for hours about all manner of trust philosophy and so on. In the end, we observe that they end up providing no more real benefit than we do, by keeping it simple. In fact, simplicity can be more effective than complexity and time-consuming learning curves.
Q: I would like to know which banks in my area will open accounts for these trusts.
A: The willingness to open the accounts for these trusts is not determined by which institution it is. Since natural law instruments have not been as uniformly understood by banks as statutory entities, it often more depends upon which employee you are speaking with in the bank, and what mood they happen to be in that day. It is really that subjective.
One of the best ways to have a higher likelihood that the bank will open your account, is if you have already banked at that institution for years, in your personal name or some business name. If the institution knows you . . . if they have long since done their “KYC” – Know Your Customer – on you . . . if they consider you to be an upstanding citizen and bank customer, and especially if you have developed a bit of a friendship with any of the bankers working there, then they may be willing to open the account for the trust, even if they are unfamiliar with such trusts and wouldn’t do so otherwise for someone walking in off the street. They may open the account because they know you will be the signatory, and they are comfortable with who you are.
Further, if you have been following the global reset news, you know that there are powerful developments moving the entire world more towards a natural law banking system. Therefore, it is increasingly likely that more and more banks will be more than happy to accommodate customers with natural law instruments.
In the meantime, if you need to approach an institution where you don’t already have an existing relationship, then just walk in with the pages from the trust that our trust writer will have indicated you should take (and no more), and ask them. If they say no, then they have probably done you a favor . . . because their very unwillingness to welcome such a virtuous relationship shows that there is something questionable about their own policies and practices. So, go down the street and try another institution.
It only takes trying a few, to find one that will say yes. We have never heard of anyone not being able to find an institution that will open the account.
Remember as well that you can have checking accounts at other types of institutions, such as investment houses, securities brokerages, online payment processors, and credit unions. They too are known to have opened accounts for these trusts. Hence, you have other viable options besides just banks.
Q: I need to know that the trust will work in other countries, otherwise it is no good for me.
A: Your words evidence a kind of fear, hesitation, nervousness, apprehension, as if you have been taken advantage of in the past, and you are wary. If so, we are sorry. We quite understand . . . we too have been burned many times. Been there and done that. But don’t let it lose your faith in humanity, in divinity, or in existence. The world is not so bad as it may seem sometimes.
No, our trust writer is not going to give you any “guarantees”. He has no need to do that. This is what trusts are all about. It is saying to the government, “We trust each other more than we trust you.” It is getting the government out of the picture. It is saying that we don’t need the government to protect us. In fact, we need to be protected FROM the government.
I am saying to you, that hundreds of thousands of Canadians, millions of Americans, and people all over the world, have been using this type of trust for decades, for centuries. It will not serve you, dear one, to challenge one of America’s best trust writers to “guarantee” you something. He will just walk away and wish you a nice day. He will realize you are not ready for this.
We will extend the friendship to you by simply assuring you, as one divine being to another, that the trust will work just fine where you are, and if you choose to go with it, you will find integrity, happiness, peace, harmony, and gratitude in your relationship with our trust writer, and with us . . . more and more so as the years pass. You will find that the price of it will seem smaller and smaller as the years pass. It is a one-time lifetime fee. The benefits of the trust will go on showering upon you and your descendents generation after generation, long after the initial fee for it will have been forgotten or seemed like peanuts.
Q: Are there any other costs or fees besides the $2500 setup cost?
A: No. There are no annual fees or further costs or fees to be paid to our trust writer’s trust, unless you engage him for any special consulting needs that are above and beyond the normal consulting he provides that is directly related to the creation of the trust and the commencement of your operation of it.
Q: I am very interested in this and wonder whether a single trust could be set up for both my wife and myself?
A: Yes, the great thing about these trusts, is not being subject to the millions of ever-changing statutes, but rather only to the everlasting and ever-the-same natural law, you basically have limitless freedom and flexibility to design, adapt, modify, and operate the trust any way you like, as long as you don’t use it to violate the rights of anyone else.
You and your wife can be co-trustees, and you can make the powers, responsibilities, and privileges of each of you as specific or as general as you wish. You can also make her protector, who has the power to hire and fire trustees; or you can make her manager, managing trustee, successor trustee, or beneficiary. Or, if you really want to give her complete freedom, you can set up an entirely separate trust for her, and encourage her to be trustee of it. There are discounts for multiple trusts ordered at one time. (1 for $2500; 2nd @ 2050, 3rd @ 2050, etc). There are lots of ways you can go.
The “how” of it is better discussed with our trust writer. Our role is mainly just to satisfy your “whether” questions — whether you wish to order such a trust, and whether you have the $2500 to pay for it. If you have both the money and the desire to proceed, then the “whether” is complete. Then let us know, and we will connect you with our trust writer. Then he will take over the dialog with you from there, and he will entertain all the “how” aspects of it with you.
Q: Can I put all my assets into one trust?
A: You could, but it is not recommended. The traditional cardinal rule among all wealthy people who use trusts is, have a different trust for each different asset. Have one for each house, one for each car, one for each business, one for each investment, etc. etc. In the early 1990s it was rumored that the Rockefellers had as many as 7000 of these trusts. The reason is, what if you were to put all your assets into one trust, and then some problem were to arise with it? All the assets might be at risk.
It is rare and unlikely that the trust would ever be successfully attacked, legally, or that it would be penetrated. In fact, we have NEVER ONCE heard of that happening with the trusts that our trust writer sets up. But what if you had made the mistake of appointing co-trustees who later became disagreeable with you? If a conflict between trust officers were to arise, could they take your assets from it?
Again, these trusts are set up so ingeniously and so beautifully, that their very design minimizes the chances of problems. The design is fabulous, and so if the trust is operated according to the guidelines suggested, and if you are not using the trust in dangerous or questionable activities, then it is extremely unlikely that the assets in it would ever be at risk. But the whole point of asset protection is to maximize the security of the assets. Thus, the traditional cardinal principle is, “have a different trust for each different asset”.
Q: What is your feeling towards a Private Interest Foundation as opposed to a Trust?
A: I have no particular opinion other than I generally prefer natural law entities over statutory ones. In addition, please be aware that the kind of natural law trusts that our trust writer sets up can operate as foundations. The only possible disadvantage we can think of is that if you are accepting donations and you want the donors to be able to write off their donations on their tax returns as tax deductible, then your foundation may have to be a statutory entity. I’m assuming that’s what you are referring to in Canada, as a Private Interest Foundation. In the US, a 501(3)(c) can operate as a foundation and be tax exempt, but it is a statutory entity and thus is subject to a long list of regulations. It does, however, offer the benefit that donors to it can have their donations be tax deductible.
If your foundation is philanthropic and will be giving donations rather than receiving them, then our natural law trust could be set up that way and would be far superior, in our opinion, because it would have no tax agency or government filing requirements and would therefore be subject only to natural laws — i.e. don’t lie, don’t steal, don’t violate the basic rights of others, etc. It would be free of the millions of ever-changing statutes legislated by politicians and lawyers every year.
Or, if your foundation will be receiving donations, but you don’t care whether the donations will be tax deductible for the donors, then too, the natural law trust would be superior.
Q: Does the set up include bylaws and shares set up of the corporation?
A: The bylaws of the trust are in the indenture, in the corpus of it. They’re not termed “bylaws”, but that’s basically what they are. Shares of the trust are called “units”. These are all explained in the indenture and in the manual. However, the trust is not properly called a “corporation”. A corporation is a public entity that is generally statutory. That’s why these trusts are sometimes called “unincorporated business organizations”.
Q: Is there an ongoing process as growth of the trust/foundation needs?
A: Absolutely. That’s the whole purpose of it. If there were no ongoing process and growth, expansion, then it would just be a dormant entity and have little or no purpose. Most users of these trusts add documents to the trust on an ongoing basis, recording every significant transaction in a 3-ring paper binder notebook and in the computer files. Guidelines for all this are included in the indenture and in the manual that come with the trust.
Q: After the trusts are set up can we move most of our money into the trusts from the RV?
A: Yes. It is best to have the trust set up prior to the RV and also the currencies exchanged into the trusts prior to the RV. If you have our trust writer set the trusts up for you, then upon your request, we can also provide you a template document you can adapt for your trust called “Addendum to Schedule “A” Personal Property – [Foreign] Currency exchanged into the trust”. As you know, there is not supposed to be any capital gains tax imposed on ANY Dinar or Dong holders anywhere, but it is to be designated as a “currency exchange” and not an “investment”. However, even if the IRS does try to impose a capital gains tax, it would be totally inapplicable to exchanges conducted for currencies owned by these trusts, because they are exempt. That is, providing the exchange has been documented PRIOR TO the RV. That’s why we recommend that the “Addendum to Schedule “A” Personal Property – [Foreign] Currency exchanged into the trust” be notarized, to prove that the date of execution was prior to the RV date.
Q: Can one trust have the money in several different banks or will we have to divide the money up into different banks and have a trust for each bank? (FDIC has been bankrupt since 2008 and is no protection)
A: One trust can have as many bank accounts as you want, in as many banks as you want. However, it is also recommended to have a different trust for each different asset.
A separate note unrelated to the trusts, though, is that a much safer banking system is coming. Some say it is already here. The RV is just a part of this new worldwide system which is asset-backed and which would make FDIC much stronger, or even redundant and unnecessary.
Q: Can the trust invest and not have to pay taxes on the profits? (You mentioned them as being 100% tax free)
A: Yes. Exempt statutory entities like 501(3)(c)s don’t have to pay taxes either, but the difference with the particular design of natural law trust that our trust writer sets up is that his trusts file no returns. To me, that is at least as significant, if not more so. The privacy, independence, freedom, and sovereignty that that absence of sending in tax returns confers, are priceless and unsurpassed.
Q: After the RV the US Treasury will be closely monitoring where every dollar goes, will this cause a problem?
A: BEFORE the RV, the cabal has already been “closely monitoring where every dollar goes”, and has ALREADY caused countless problems for peaceful, harmless, and life-supporting people everywhere! People think reports are only issued for transactions $10K and above, but FINCEN, Echelon, and other systems have been tracking every dollar down to the penny in REAL TIME for YEARS.
The DIFFERENCE with the NEW system is that the tracking may continue, but the world monetary system will be in new hands . . . hands that are more compassionate, more interested in alleviating suffering than causing it, more interested in letting people live free, and more in tune with universal law.
So . . . everyone who is harmless, who has the best interests of all life at heart, and who isn’t planning to use their money to dominate, exploit, divide, conquer, parasite, violate, or abuse . . . will THRIVE and FLOURISH in the new system, uninterfered with . . . in complete freedom. We would say the only people who should be concerned about the tracking are those who plan to violate the ethics of the universe with their funds.
Whether the funds are in one of these trusts that we are recommending or not, makes no difference in that respect. Our natural law trust is among the best on the planet . . . but even so, it’s like having the best computer. It’s still a neutral device. What is done with it depends upon the consciousness and the ethics of the user. One can have the best trust and still commit evil acts with it. That is exactly what members of the dark elite have been doing. They have been using these very same trusts. That’s why they have not legislated against them, and will not do so. But the effects of their use of such wonderful instruments have been harmful to society, as you know. It is time for those of the Light to use these very same instruments, of such advanced powers of asset protection, for spreading the Light and the Good.
Therefore, anyone using these trusts in that way, should have absolutely no problem being tracked, being watched, and being recorded as to what they do with their funds. They can be PROUD of what they are doing, and HAPPY to be seen in the full sunshine of broad daylight! You will find with these trusts and with the educational orientation from which our trust writer and we come, that we stand with such strength in the law, and in our decades of successful experience with these trusts, that we have nothing to hide and are not very interested in trying to be unseen. The only thing that we keep unseen, really, is the corpus of the trust. That is never given to any agency or any bank or institution. Only certain pages from it are shown to open bank accounts, as necessary, and no more. The trust is NOT publicly recorded anywhere. It is this privacy of its content that is part of the reason for its strength of protection. But other than that, we do everything in the full sunshine of broad daylight, and have no worries about any “tracking” or “monitoring”.
Q: How would you put a sole proprietorship business into a trust?
A: Step 1, follow the instructions in the trust manual for adding assets into the trust. Transfer the assets of the sole proprietorship into the trust via documents that you create and add into the trust notebook. In most cases, there is no wisdom in posting or recording these documents publicly. It is a private transaction.
Step 2, begin having all monies that were previously paid to the sole proprietorship, now being paid to the trust.
Step 3, likewise, begin paying all expenses and expenditures that were previously being paid by the sole proprietorship, now from the trust.
Q: Is it possible to have only one trustee or is it required to have at least two?
A: It is generally required to have two. They don’t both have to be current; one can be current and the other can be successor, if you prefer. Sometimes you can function for a while with only one, but it isn’t recommended. The trust would be orphaned, adrift at sea without a rudder, if anything were to happen to the one and only trustee. For that reason, most banks will not open an account for a trust unless it has two current trustees, OR one current trustee and one successor trustee.
Q: I have gone over the information you sent me about the natural law trust. I also looked it up on Google and it seems great but also somewhat complicated, so I’ll have to look it over again and see what questions I have.
A: It is good for you to know that via Google you will encounter a sea of websites with all kinds of opinions all over the map about trusts. Very few of them are even discussing the exact TYPE of trust that our trust writer sets up, and among those, none of them know about the superior legal simplicity, purity, and style with which he writes his. This is because his is private, and is not discussed on any website, except in one or two places where people posted our one-page letter about them.
If you like absorbing a vast variety of opposing opinions, many of which contain disinformation or misinformation, because your intellect is huge and you can handle the controversies with ease, then fine — survey the Google landscape. But if your intent is more practical, and you simply want to have the very best and most user-friendly protection, with the lowest likelihood of any problems, it would be good to simply be grateful that you have already found the best. Don’t confuse yourself by the others.
Q: I wanted to ask you if you had a chance to ask your trust writer if he knows an accountant in this area?
A: Yes, he responded saying:
In the past, only had a tax preparer here [he is very aggressive with his work], did my own accounting…
Go with a reputable accountant, if needed…yellow pages…
or, just use a conscious book-keeper, …
or, get a good computer program [quick-books, turbo-tax]
Q: Would we need an attorney?
You would almost never want to consult an attorney regarding the content or the functions of these trusts, because they are written under natural law, whereas attorneys, by definition, usually specialize in statutory law. They are dangerous because they are brainwashed by it and will not only fail to be of help regarding natural law trusts, but they can actually cause harm by their misunderstanding of them and disinformation about them. Therefore it would be rare that you would ever want to consult an attorney regarding any trust business. If you do, it should focus on the transaction, whatever is the subject of the consultation, and NOT the content or design of the trust. Very little information about the structure of the trust should be given to any attorney — as little as possible.
Q: Has your trust writer created many Natural-Law Trusts for residents / citizens of: (a) Canada, (b) United Kingdom, (c) countries in Africa, (d) Central- and South American countries, (e) Caribbean countries?
A: If the trust were a statutory one, we would need to consult our trust writer to find out specifically for clients in which countries he has created trusts, to answer your question exactly accurately. But the fact that it is NOT statutory, but rather is operating on the higher and more evolved plane of natural law, meaning that it this is not a necessary question for you to ask. Suffice it to say, our trust writer is a world traveler and has clients in many countries. Natural law goes everywhere. Hence it is not necessary to determine whether the trust is applicable to any country in particular.
Q: From the info about the trusts, it seems that nothing on the trust documents created by your trust writer is treated as being confidential. It is accessible to whoever, while it is on the internet.
A: All of the information in the trust is intended to be private and confidential, with the exception of certain pages which need to be presented to a bank to open a bank account for it. The list of those documents comes with the trust. Otherwise, none of the rest of the trust is ever to be presented to attorneys, government agencies, or other institutions. None of it is to be recorded publicly. Nevertheless, we are also not fanatical about secrecy or encryption on the Internet. While it is true that trust documents emailed back and forth could be intercepted, we have never heard of that causing a problem for anyone. Part of the reason for this is that only the initial setup documents are emailed. Later, whatever documents the client may adapt for placing assets in the trust and conducting other trust business, are done by the client according to guidelines and templates our trust writer will have provided. Those documents would be never seen by our trust writer and never sent over the Internet unless the client wishes to do so, for some reason. Therefore they can, and should, remain private.
In conclusion, we have been very impressed over the past two decades to see how our trust writer has distilled the crème de la crème of much more complicated and verbose trusts into the minimum simplicity that is most potent and effective — as well as easily understood by non-lawyers. In fact, most lawyers overcomplicate things. That’s how they make their living . . . by people paying them to figure out the vast complexities of the laws, when in fact the truth, when stated eloquently, is really very simple. our trust writer has bequeathed that precious golden elixir of simplicity to us.
Q: You mentioned that it was not very easy to find banks in US who accept to open bank accounts for this kind of Trust because it’s not well known. I live in France and would like to know how to find here the banks who accept it if they don’t have a clue what it’s all about?
A: It is beautiful to hear from you. It is perhaps an exaggeration to say it is “not very easy to find banks in US who accept to open bank accounts for this kind of Trust”. It is actually much easier than that phrase may reflect. The most institutions we have ever had to apply to within a two week period, to find one that would say “yes”, was five. Many people interview more banks than that just to see which one they prefer. In the 23 years we have been learning about these trusts, not once have we ever heard of anyone, anywhere in the world, who was not able to find a financial institution that would open an account for it.
Q: I would like to use only so called “Cooperative” Banks (would correspond to Credit Union type in US). What questions should I ask them, for me to know if they can or would be willing to open an account?
A: Let them see certain of the documents. See the list of pages to take to the bank, in the House of Freedom instructions included with the trust. Bring copies of each of those documents on the list to the institution at which you wish to open the account. Don’t bring any other parts of the trust, even if they ask for them. If they are not satisfied with the items on the list, then thank them politely and go to a different institution.
If the institution at which you are applying is at a significant distance from you, then you could fax or email the documents. If you can physically visit the institution, then simply walk in and bring the papers. Ask any questions you wish to ask, but the main request is to have their legal department or trust department look over the papers you have brought, and tell you whether they would be happy to open an account for that trust. They may have some questions they wish to ask you. It is usually nice to politely provide the answers, if the questions are reasonable.
As to credit unions in the USA and their equivalents in other countries, we have found in the USA that they are willing to open the account only if the signatory’s credit rating is at a certain level — we believe it was in the 600s. Since they are a credit union, they care more about the credit score of the personal signatory than they do about the structure of the trust or what kind of laws it is based on. The same kind of priority might exist at equivalent institutions in other countries as well.
Q: Is there some special reason why some banks accept and others do not? Or is the possible refusal due only to the fact that they just don’t know how the Private Natural law Trust works?
A: It is the latter — as you have said — they are usually not educated in natural law.
Q: In this case, would there be any document to show in order to educate them on that subject?
A: One of the best is the book “The Creature from Jekyll Island”, by G. Edward Griffin, which tells the true story of the Rothschilds, Rockefellers, Morgans, and other banking families in Europe and America, from the 1700s to the present . . . and the monetary system that took over the world as a result. It explains the central banking system, the largest of which is the Federal Reserve in the U.S. Once a reader understands what is in that book, he or she will appreciate the wisdom of basing the design of a trust on the natural law . . . and he or she will understand why the Rothschilds, Rockefellers, and other banking families have used these very types of trusts for their own asset protection.
Whether you wish to bother educating your prospective banker, or whether it is easier and more desirable to simply go to a different institution where perhaps they already understand some of these things . . . depends upon how much you like the particular institution in question. We have never had to bother educating any bankers, because all we do was apply at two, three, or four institutions, and one would always say “yes”. We didn’t think it was important for us to take the time to find out WHY they said “yes”. They may or may not have much education in natural law or the history of banking, but if they said “yes” to opening the account, who cares what their educational background is? You would then perhaps only care about that if you were to develop a friendship or a close working business relationship with that banker.
Q: You explain that it’s recommended to have a different trust for each different asset. If I buy a house or whatever and have some personal assets, this should then be in one trust. Then should I have another Trust for my donations and fundings (free energy, eco-housing, new technology projects etc) or is it necessary to separate these 2 as well?
A: This is an adjustable concept depending upon your asset protection comfort level. In the early 1990s, it was rumored that the Rockefellers had over 7000 of these trusts. And who knows how many sub-trusts they had under those . . . and sub-sub-trusts, etc.
The point is, “never put all your eggs in one basket”. The more your assets are spread around in different entities, the greater the protection. But each individual has to decide for himself or herself, how safe or how dangerous one’s life is, what level of divine protection one’s estate may have, and therefore how many potential enemies or thieves one’s estate may be facing . . . or not facing. If the threat is low, then less trusts are needed. It’s that simple.
Q: If I need several trusts, is the price cheaper?
A: The first trust is $2500, and then it is $2050 for each additional trust.
Q: As the Trust documents will be written in English, do I need to get them translated into French by an official or sworn translator or is there a way to get the document accepted worldwide in English by the banks in order to open an account for the trust?
A: This depends upon how English-speaking your prospective bank or financial institution is. That will vary on a case by case basis.
Q: Whoever is placed into a trustee position will be able to know exactly how much the Grantor has in assets, correct? So if that’s correct, how does one protect their assets from being publicly exposed by these trustee friends? A non-disclosure agreement? It seems even if they’re bound by an NDA, most people gossip, and now and then the story gets out regardless.
A: No, your trustee only has whatever information you give him. If you are manager of the trust, that role includes the ability to bank, be the signatory on bank accounts, add assets into the trust, take assets out, and you can organize it so that the trustee is informed of, and signs on, only those transactions on which you wish to include him. If that is “none”, then it will be “none”. It’s up to you.
This is much stronger than an NDA. A trustee or trust officer can only take what he knows exists. If he doesn’t know it exists, there is no way he can even have the thought of taking it.
For example, we have a friend as co-trustee with us on a couple of trusts, but he hasn’t the foggiest idea what these trusts have. Nor does he have access to those assets, because he lacks the information about them. And we would trust him with our lives . . . but after all, he wouldn’t even WANT to know what the trusts have . . . or otherwise, if he did, and if anything were to happen to those assets, he could be erroneously suspected. So he doesn’t even KNOW about them.
Normally a trustee is signatory on trust bank accounts, but as manager you can organize it so that the trust only authorizes you, not the trustee(s), to be signatory.
Q: You wrote there are a plenty of non-Bar member natural law lawyers and paralegals all over the world who are educated in Natural law Trusts in case of need. Does your trust writer have any connections in France in case I would need some help later on with my trust(s)?
A: We don’t know, but we can share this with you . . . every important question like that, which our trust writer’s clients have ever had, has always been answered, one way or the other. If he doesn’t know of the type of professional someone may be looking for in a certain country, our trust writer and us both have ways of finding out. Our worldwide network is rich enough to allow us to follow many different leads to get to any type of expertise we may need anywhere. However, the good news is also that the need for complex expertise pertaining to these trusts is very rare. Most of the time, the trusts are simple enough to operate anywhere that no extra special expertise is needed.
Q: I read that it only takes from a couple of days to max one week to put up the Trust, no matter in which country it is going to operate.
A: Our trust writer can create it in two business days . . . but he asks the client who you want as beneficiary, who you want as trustee, and other officers and so on. Usually it is the client who takes a few days figuring out the answers to these questions. As soon as the client has given our trust writer all the answers he needs, he can generally have the trust produced in one day.
Q: You recommend to have it ready before the RV. What problem might there be if the RV happens before I get my trust set up?
A: It would only be a problem if a capital gains tax is imposed on the CE. Many experts don’t believe there will be one, but others say there will be. The trust eliminates that risk. If the trust isn’t in place and the CE is done in one’s personal name, or in the name of a statutory business entity, then the capital gains tax may apply. If the CE is allowed to proceed without any tax on ANY of the currency holders, then it is not an issue. Then the trust is just an excellent instrument for other types of asset protection, for prevention of future tax filings on income, for efficiency in organization and distribution, and for the best in estate planning.
Q: I understood there wouldn’t be any capital gain taxes on the CE, as it’s just a Currency Exchange and not an investment.
A: We hope that turns out to be correct. There has certainly been a lot of controversy on this issue. The Golden Age is in the process of dawning, as you know. This will be a time when forced and involuntary taxes will no longer exist on this planet. Powerful forces are at this very moment overhauling the central monetary and banking structures on this planet, as you know, in preparation for a universally prosperous, debt-free, slave-free, and tax-free system globally. But whether the tax will have ended by the time of the RV and the GCR, only time will tell.
Q: If I move my house ownership into a PST, will it trigger a due on sale clause in the mortgage?
A: Not typically. You might check with the banker/mortgage contract. The exchange of a house into a trust where you are the settlor and beneficiary is a non-taxable event. We never had a client who received a due on sale demand, because you are not selling the house; you are exchanging into trust.
Q: I currently have a hard money loan for a mortgage and will need to refinance in 6 months. Will banks or credit unions or mortgage brokers be able to get me refinanced with the house ownership being a PST?
A: The banks will look at the value of the property, and who can carry the note, not who owns it. House would now have a lien on it, under the name of trust.
Q: Doesn’t the PST (pure sovereign trust) exist outside of the statutory foreclosure laws and they would not be able to foreclose and thus they would not want to refinance me?
A: If there is a default on the loan, they will attempt to foreclose on property, no matter who owns it.
One must still stand up to the fraudulent gov/bank, and say,
1) prove to me [under penalties of perjury] that real money actually came out of your pocket, and you have a valid loss;
2) show me the original note; and
3) who has the note now…. ???
Q: Would having my house owned by an LLC which is controlled by the PST be a solution, but the LLC would need income to justify the mortgage loan?
A: We would suggest exchanging the house into the trust. It’s much safer and more private. Use an LLC just for business and public view, if at all. The trust can also be a member of the LLC, and own 98% of it.
Q: Does the second trustee know what assets are in the trust?
A: YES. If you appoint a second trustee, when setting up the trust they will get full disclosure of the assets in the trust. They will also have to be part of the decision making with future assets. If it is a small trust, meaning it doesn’t have much in the way of assets or activity, then perhaps a second current trustee is not even needed. A second current trustee may be more merited if the trust has a lot of activity and needs more officers to assist. Or a second current trustee could be desirable if the primary trustee has a colleague, business partner, or friend with whom he or she wishes to work and share control. The second trustee has to be non-family-related to the primary trustee.
But, if there is no second trustee, then there absolutely MUST be a successor trustee. Having a successor trustee is a good idea anyway, sometime . . . because what would happen if the existing trustees leave this Earth or otherwise resign or become unavailable? Then the trust is orphaned and left adrift upon the sea. So, whenever convenient, each current trustee should have a successor trustee appointed . . . a trustee to take over if and when the current trustee is no longer serving the role.
If there are two current trustees, then it is not as urgent to have a successor trustee. But if there is only one current trustee, then it is mandatory to have a successor trustee appointed immediately. The banks will require this, if a bank account is to be opened for the trust.
Q: Does the protector know what the assets are?
A: YES, because the idea behind the Protector is to have somebody who can watch over the Trustee, and terminate the Trustee for any misconduct. So if you choose to have a Protector (optional), then they must know about the assets in the trust in order to make sure the Trustees do not misuse them.
Q: Besides opening accounts, when does the trustee have to sign? Do they have to sign in person? Does the second trustee have to sign in person?
A: The trustee needs to sign whenever there will be changes made to the trust. If your question is does the second trustee have to sign in person at the bank while opening a bank account it will depend on the bank. So you need to ask the bank you will open the account at if the second trustee needs to sign in person.
As to signing other types of trust documents, no, signing them in person is not required. It can be done via paper post or electronically — whatever is acceptable to the trust officers involved.
Q: What is the sovereign domicile of the trust? Can it be registered outside of my home country?
A: If you open a bank account in your home country then the sovereign domicile of the trust is still your home country, because you will get an identification number from whatever authority the banks require in your country. It can be registered in other countries following each country’s own national business entity identification number that may need to be acquired to open a bank account in that country. You will need the identification number equivalent in the particular country in which you are opening a bank account.
Q: Is there a limit to the number of bank accounts or locations of accounts you can open under one trust?
A: NO, as long as the bank is willing to open an account for you, then you can open as many accounts at different banks as you wish.
Q: Can a natural law trust be sued?
A: YES it can just like any other trust. However, House of Freedom trusts are above and beyond most natural law trusts. That is why we refer to the governing law of HoF trusts as “natural law”. There is an understanding of natural law arising and reawakening on the planet. That is basically the law on which House of Freedom trusts are based. It may have its local applications in regional statutes, natural law, and the UCC, but its central domicile is in the universal natural law.
As a result, we are aware of no HoF trust that has ever been sued. One of the reasons is that the trust officers keep most of its documents private, and never give copies of most of the trust to any agency or institution. It is not a public trust and it is not registered anywhere. Therefore if a would-be attacker wants to sue it, how is it going to make the suit intelligent? It won’t have enough information about the trust’s officers and activities to structure the suit intelligently. While this may not guarantee that the trust will never be sued, it does vastly reduce the likelihood of it. And it further reduces the likelihood that any such suit, if it were initiated, would be successful for the attacker.
Q: As far as appointing a trustee, do you recommend choosing a trusted friend or a hired “trustee”?
A: The answer varies, depending upon the situation. If the trust is designed mainly to transfer assets to children or grandchildren, a relative or close family friend would seem the logical choice. If the trust consists primarily of real estate, family businesses or other assets that require ongoing, active maintenance, a family member or close relative probably makes the most sense too. The good things choosing family and friends as trustees bring to the table are knowledge of the family history and circumstances. The bad are the biases, unsettled feuds and biased emotions. A hired trustee brings experience, objectivity, and professional resources to help ensure that the trust is administered according to the appropriate terms. The risk with hiring a trustee is entrusting an outside entity with permanent powers over the management of your assets. In practice, this may mean that a hired trustee is stricter in making distribution decisions than you might wish.
Q: Is the list of assets the only proof you need that the asset is indeed under the trusts name?
A: This would be the case only if the asset does not have any accompanying document. However if there are documents you can include like a notarized Exchange to Trust Minute, it would be more satisfying to an outside party as proof. You can also include auto and mortgage titles for cars and houses. Always include copies of what documents you have and can include per asset. If it is some purchased item and you still have the proof of purchase, that would be good to be included to show its value.
Q: Does the creator/manager/beneficiary have the ability to use checks, cards and pull cash from the account without the signature of the trustee?
A: Yes, if the trustee has signed a minute giving the manager that power. But keep in mind, if the creator, beneficiary, and manager are the same person, it would be in the role of manager that this person would be exercising that power. This is because the creator will have relinquished authority at the beginning of the creation of the trust, and the beneficiary role is a passive one, not an active one. So regardless of whether it is the same person, it is only as manager that one would be executing banking transactions and other trust business.
Q: What are ALL the ways in which the creator can protect the trust from misconduct from the trustee?
A: You can write an agreement of fiduciary duty which will outline what are the trustee’s responsibilities and capabilities. You can also have a Protector who can watch over the Trustee, and terminate the Trustee for any misconduct. While it is a good question, the good news is that we have never heard of a HoF trust creator or protector who has had to fire a trustee. Therefore this may not be “ALL the ways”, as you say, but it is a question you can revisit later with our trust writer, to see what more he wishes to add. For now, it is not an issue that is likely to be a problem for you.
Q: Can the Settlor/manager make changes to the trust at any time? If not, who can?
A: The Settlor/manager can only make changes with the agreement of everybody else. No one person can modify the trust without the agreement of others. However if you want to give a certain role independent powers then you can also write that into the trust. You can structure the trust any way you want, with the agreement of everybody.
And, remember, the settlor relinquishes authority at the beginning of the trust. So, if the same person is also the manager, then it would be in the role of manager that this person would make changes to the trust with the agreement of the trustees.
Q: Who holds the debit card for the bank account in the trusts name? In other words who has access to the assets of the trust?
A: The trustees have the legal access, but in practice, the manager can have the practical access, if that is the desire of the manager and the trustees. This means that the trustees would have basically signed a minute authorizing the manager to have such access, and then the manager would handle the day to day practical business of the trust according to the agreement s/he will have signed with the trustees. The terms and conditions of that agreement are entirely up to the preferences and the discretion of the manager and the trustees.
Q: Doesn’t the creator co-signing on documents put the entire trust at risk?
A: To think that the creaetor co-signs on the trust documents is a mistake. This is not the case. Remember, as we have said, the creator (settlor) relinquishes authority at the beginning of the trust. Yes, you are right — if the creator were to have signatory power over the whole trust, it would place its assets at great risk. In fact, that would transform it from an irrevocable trust into a revocable one. That is precisely why HoF trusts are irrevocable. By having the creator relinquish control at the beginning, it makes the assets irrevocably protected within the trust.
A funny story about this occurred in 2013, when a HoF trustee went to a branch of Chase Bank to open an account. The bank refused to open the account on the basis that the trust gave the settlor no signatory authority over the entire trust. When we communicated this to our trust writer, he laughed and said “Of course that is what they would like! By giving the creator signatory power over the whole trust, it makes it a ‘grantor trust’ — and it is thus revocable. It makes it a lot easier to penetrate and get at its assets.” So, that is why we keep the HoF trusts irrevocable.
Q: Can the creator act as “witness” to the trustee? Do you have to have a witness to the trustee and is this referred to as an executive secretary?
A: YES, the creator can act as “witness” to the trustee. And YES you do have to have a witness to the trustee. We refer to it as executive manager. But remember, the creator relinquished its control at the beginning, so any use of the act of witnessing would only be in another capacity, such as manager.
Q: Can you recommend a wealth manager or trust lawyer that I can hire to discuss ongoing questions?
A: You may be assuming that the trust is complicated, as are most other trusts out there — including both statutory trusts and natural law trusts. By contrast, HoF trusts are simple enough that it has been very rare that any of our clients has had to hire a professional to provide assistance with them. Should such a professional be needed, then yes, of course, let us know what specific type of expertise you need, and we may be able to refer you to the right professional.
Q: Can a layperson act as trustee or do they have to have extensive knowledge of the law?
A: A trustee does not need to know the law well. It is to your advantage to find somebody you know you will always get along with, and with whom it is easy to communicate. It is more important that the trustee be willing to follow your wishes without questioning them, than to have a trustee that is knowledgeable. Then that means if there is any particular type of legal knowledge you need, it would be more your responsibility to learn it. This way, you are still the one calling the shots, even though you have willingly and purposefully turned over the “legal” control of the trust to the trustees.
Q: In what instances would the trustee be ordered to go to court?
A: The only instance is if the trust is sued or somebody within the trust wants to sue the trustee. We have never heard of this happening with any HoF trust clients.
Q: In the case of wanting to secure and protect a large sum of money (large lump inheritance) into a trust, would it benefit the owner of the assets to become the creator/manager/beneficiary or to be the trustee?
A: The answer to this is basically yes. As to whether the asset owner elects to be creator/beneficiary/manager — OR — trustee, depends upon the various factors discussed in our “Roles of Creator, Beneficiary, and Trustee” document that you receive when you first become a client. It is based on that document that you decide which role(s) you wish to play.
Q: The person I have most favored to be the trustee on my trust has doubts and resistance about it. She has been doing research and is about to back out of helping me, due to her worrying about being liable should assets be transferred wrong, etc. etc. I was told that there is no liability of the trustees, if they carry out their duties. My trustee is very concerned that people could come after her, or that she would be liable for taxes, etc. I really need to get educated on this otherwise I can’t go forward as I can’t put anyone in a position of liability.
A: In essence, this is a very fortunate and evolutionary development which allows you to get really clear about the actual nature of your relationships. This trust business has given this benefit to thousands of people. Friends and family members whom we thought were really like-minded and trustworthy were not so much; and others whom we doubted were actually more like-minded and more trustworthy than we thought. It reveals who your true friends are.
The best kind of person to fulfill your trustee role is one who is both spiritually harmonious and intellectually comfortable with the role. Gaining a degree of comfort is not necessarily dependent upon having a lot of knowledge about how to be a trustee. It really has more to do with how much that person trusts you, and likewise, how much he or she trusts himself or herself. Hence if you really wanted someone to be trustee but she has doubts and fears about it, it may be that no amount of discussion and reasoning about it would change her mind . . . because perhaps there is something fundamentally lacking in her spiritual harmony with you or her own trust of herself.
Hopefully that perspective about her is incorrect, and it is simply a matter of her not having sufficient information about the role. She really needs to know that there is hardly any work to do, and there is really no liability and no risk to her. But the fact that she is expressing doubts and resistance without even asking more detailed questions about the risk, and the fact that she wasn’t even willing to discuss it, is what indicates that no amount of discussion or favorable information would change her mind.
It also means that even if you were able to persuade her to say “yes”, she might turn out to be not such a good trustee, because she may continue to suffer from unreasonable paranoias, no matter how much you try to show her that they are unreal.
That is where the universe is giving you an evolutionary experience . . . in gently influencing you to reconsider. Perhaps there are other people in your sphere of friends and acquaintances whose virtues and compatibility for the trustee role might be more than you had considered at first.
Q: I understand that if I am a signatory for the trust on a bank account, my Social Security Number will have to be given to the bank. My issue with having the SSN associated with the name I thought was mine [your personal name in ALL CAPITAL LETTERS] on a bank account for the trust is a litigant got a judgment against me in small claims court and last week the bank withdrew $1,500 from my account unbeknownst to me for this judgment. So if the SSN were not attached to the account, this could not have happened. So I am studying how to do banking without any SSN whatsoever.
A: That’s a simple misunderstanding. We state very clearly in all our trust materials — read them more carefully — that the trust is NEVER held liable for the debts or obligations of any trust officer — and that will include you. Regardless of whether you are the trustee and your SSN is on the bank account as the trustee, or you are playing some other role, no agency has ever penetrated any of our House of Freedom trusts for the debts and obligations of its officers. Trust money is legally separate money. That is part of what “asset protection” means. If the trust couldn’t do that, it wouldn’t be worth the paper it is written on.
With all the extreme corruption out there in most fields of commerce and legal affairs, of which everyone is aware, we never cease to be amazed at how religiously the system consistently honors the rights of these trusts. It is, no doubt, because the elite themselves use them . . . and they don’t want their sanctity disturbed. If your money had been in one of these trusts, they could not and would not have levied the account, even if your SSN had been on the account as a trust officer.