FAQ
FAQ - Frequently Asked Questions about Common Law Trust.
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 as...
Wed, 22 Jul, 2015 at 7:12 PM
I have no particular opinion other than I generally prefer common law entities over statutory ones. In addition, please be aware that the kind of common law...
Wed, 22 Jul, 2015 at 7:16 PM
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 ...
Wed, 22 Jul, 2015 at 7:20 PM
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 o...
Wed, 22 Jul, 2015 at 7:21 PM
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 my partner Randall s...
Wed, 22 Jul, 2015 at 7:25 PM
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 diffe...
Wed, 22 Jul, 2015 at 7:27 PM
Yes. Exempt statutory entities like 501(3)(c)s don't have to pay taxes either, but the difference with the particular design of common law trust that Ra...
Wed, 22 Jul, 2015 at 7:30 PM
BEFORE the RV, the cabal has already been "closely monitoring where every dollar goes", and has ALREADY caused countless problems for peaceful, ha...
Wed, 22 Jul, 2015 at 7:36 PM
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 docu...
Wed, 22 Jul, 2015 at 7:37 PM
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 a...
Wed, 22 Jul, 2015 at 7:39 PM