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FAQ - Frequently Asked Questions about Common Law Trust.

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.
 Randall can create it in one day . . . but he asks the client who you want as beneficiary, who you want as trustee, and other officers and so on. Usually i...
Wed, 22 Jul, 2015 at 8:08 PM
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?
 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...
Wed, 22 Jul, 2015 at 8:10 PM
I understood there wouldn't be any capital gain taxes on the CE, as it's just a Currency Exchange and not an investment.
 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...
Wed, 22 Jul, 2015 at 8:12 PM
If I move my house ownership into a PST, will it trigger a due on sale clause in the mortgage?
 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-t...
Wed, 22 Jul, 2015 at 8:13 PM
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?
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.
Wed, 22 Jul, 2015 at 8:15 PM
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?
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, ...
Wed, 22 Jul, 2015 at 8:17 PM
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?
 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 ...
Wed, 22 Jul, 2015 at 8:20 PM