Hi John,
Thank You for
this platform.
With the upcoming
Worldwide Currency Revaluation drawing nearer, and nearer the recipients of
great wealth may want to know about the greatest secret of the ultra
rich. I'm sure they'll want to thank you for your generosity.
The greatest
secret of the ultra rich for avoiding the hated income tax is a common-law
trust, more commonly known as a "contractual agreement" (which is
misapplied since in Common-Law, there are NO agreements, only contracts). This
tool of the super rich is guaranteed by Article 1, Section 10 of the U.S.
Constitution, which states in part that a citizen has the right to contract.
Further, Article 1, Section 10 states:
"No state shall pass any law impairing the Obligation of Contracts,..."
Note that the State can not pass laws which control or influence the "contractual agreement."
A common-law trust is a contract NOT formed by a contract-with-the- State as is a corporation or a statutory trust. It (the common-law trust) is created by a contract between "private people" each of whom has the "Constitutional protected" Right of Contract.
"No state shall pass any law impairing the Obligation of Contracts,..."
Note that the State can not pass laws which control or influence the "contractual agreement."
A common-law trust is a contract NOT formed by a contract-with-the- State as is a corporation or a statutory trust. It (the common-law trust) is created by a contract between "private people" each of whom has the "Constitutional protected" Right of Contract.
Whereas defined pursuant
to; Supreme Court Annotated Statute: HALE V. HENKEL 201 U.S. 43 at 89
(1906) Hale v. Henkel
was decided by
the united States Supreme Court in 1906. The opinion of the court states:
"The "individual" may stand upon "his
Constitutional
Rights" s a CITIZEN. He is entitled to carry on his
"private" business in his own way. "His power to contract
is unlimited."
He owes no duty
to the State or to his neighbors to divulge his business, or to open his
doors to an investigation, so far as it may tend to
incriminate him.
He owes no duty to the State, since he receives nothing there from, beyond
the protection of his life and property. "His
rights" are
such as "existed" by the Law of the Land (Common Law) "long
antecedent" to the organization of the State", and can only be
"taken from
him by "due process of law", and "in accordance with
the Constitution." He owes nothing" to the public so long as he
does
not trespass upon
their rights."
Statutory v.
Non-Statutory
The first and
most fundamental issue that one needs to understand is the distinction between
a statutory trust and a non-statutory trust. A non-statutory trust is generally
referred to as a common-law trust.
Statutory trusts
are those, which like corporations, are established by and through a law
created by the legislature of each state. Such trusts are imbued by the
legislature with certain "financial advantages" (e.g. exempting
certain property from state taxation of one form or another). However, such
trusts are 100% within the regulatory control of the state. If the legislature
were to change its mind tomorrow and withdraw the trust's financial advantage,
they would be doing nothing wrong and you would have no recourse. When you
place property in a statutory trust, you are in effect saying to the
legislature, "I agree that this property is within the state's
jurisdiction and it would be really great if you'd treat me fairly in the
future." Placing one's property within a statutory trust also makes that
property ripe for administrative levy and/or seizure in the event that a tax
agency makes a claim against the people who established the trust, or
against the trust directly.
Conversely,
common-law trusts are not created by legislative fiat, but are created in the
realm of Equity and under a "People's" un-a-lien-able right to
contract.
"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."
Croker v.
MacCloy, 649 US Supp 39
[A contractual
organization is] "created under the common-law of contracts and does not
depend upon any statute for its existence."
156 American Law
Review 28
It is important
to know and understand that an organization (such as a common-law trust), which
has "not been" created under state authority, generally cannot be
regulated, and most state laws (codes written to effect corporations)
"have no legal force upon such an organization." We say that such a
trust cannot "generally" be regulated, because we wish the reader to
over-stand that there are certain activities that are inherently subject to
state regulatory control [e.g. hauling toxic waste on the highway] and if a
common-law trust were to engage in such an activity, then it would be subject
to state regulatory control.
Another advantage
of a common-law trust is that the trust possesses the same rights, liberties
and immunities (speaking in Constitutional terms) as the trustee.
"The fact
that a business trust is not regarded as a legal entity distinct from its
trustees, if a true trust…may result in this advantage to the trust, which a
corporation does not possess: The trust consists of individuals…who are People,
and who, therefore, are entitled to certain rights and immunities such as those
guaranteed by the privileges and immunities clauses of the Federal
Constitution, which do not apply to Corporations." Morrissey v.
Commissioner of Internal Revenue, 296 US 344 (1935)
This is an
important concept that translates into important real-life benefits. Most
"organizations" are statutory fictions and are subject to virtually
every law on the books. They are also obligated to open their "books and
records," upon demand, to allow the corporate government to explore
whether or not some violation (of a virtually endless list of laws) has
occurred. Statutory entities may also be prohibited from activities from which
"People" with un-a-lien-able rights cannot be prohibited.
Common-law trusts
are not bound by laws controlling the actions of corporations. Common-law
trusts are not bound by "public policy" decisions of the legislature
that are masquerading as "law." Common-law trusts need not open their
books to anyone unless ordered to do so by a true judicial warrant issued by an
appropriate court. Common-law trusts may freely engage in any activity that any
American people may engage in (provided that the trustee is a people of a state
of the Union).
"These
trusts - whether pure trusts or partnership - are unincorporated. They are not
organized under any statute; and they derive no power, benefit, or privilege
from any statute."
Hecht v. Malley,
68 L ed 949
"A Pure
Trust is not subject to legislative control. The Court holds that the Trust
is...not subject to legislative restriction as are corporation and other
statutory entities created by legislative authority."
Croker v.
MacCloy, 649 US Supp 39
"A Pure
Trust derives no power, benefit, or privilege from any statute."
Crocker v. Malley
264 US 144
See: http://www.scribd.com/doc/202780282/Special-Report-Secrets-of-Asset-Protection-Common-Law-Trust
3 comments:
I found this blog very informative and I would like to see some more blogs on this topic.
Low Cost Offshore Asset Protection Trust
Where does one find an attorney who can draw up such a trust? If banks are a bad place to keep your money, where then does one keep it safely?
Where does one find a lawyer to draw up a trust as described here? In my area, no one seems to understand this trust. Also, where does one keep money safely, if not in a bank?,
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