Need A Trust? - Team All Trust

Need A
Trust?

The Past, Present, and Future of Wealth is Private.

Trust Overview

Real Estate Overview

A private trust is a legal agreement that allows a trustee to hold and manage assets on behalf of one or more beneficiaries. The main benefit of a private trust is that it can provide a level of legal protection and management for assets that may not be possible with a will or other estate planning tools.

A private trust can be advantageous in many situations, such as;

Sheltering and deferring income, sales, excise, and any form of taxes as tax ‘accepted’ status
Managing assets for minors or individuals with special needs
Private Trust Fund pays all Trustee living expenses and fiscal need
Eliminates probate and probate fees
Can have its own business credit lines
Can own anything a person can own
Can collect payments as profit and accept charitable donations
Is a non-tax filing entity, does not file tax returns
Removes courts, lawyers, judges, and magistrates from any estate decisions
Providing for beneficiaries who may not be able to manage their finances
Keeping assets private and out of the public court system and public records

TRUST TYPES

Statutory and Non-statutory trusts are two different types of trusts that are recognized under the law.

A Non-Statutory Trust

also known as a common law trust, is created by the agreement of the parties involved rather than by a statute. These trusts are typically created for the benefit of the grantor or other individuals and are not subject to the same rules and regulations as statutory trusts. For example, a statutory trust that the grantor creates during the grantor's life is an express, living trust used during the grantor's lifetime to provide for the grantor’s family or other beneficiaries after the grantor’s death. A successor trustee can be assigned in the amended minutes granting a successor trustee the rights to manage the affairs of the trust and its banking services without transferring to a beneficiary.

When educating and coaching people about the value of a private trust, it is essential to emphasize that a trust can provide a level of control and protection for assets that may not be possible with other estate planning tools and operating in a statutory legal jurisdiction. It is also important to note that trusts can be customized to meet the grantor's and beneficiaries' specific needs and can be valuable tool for achieving financial and estate planning goals. Without a private Trust, an individual is forced to use a State created entity that is bound by the codes and legal script that creates voluntary servitude through a commercial matrix.

Contact Team ALL Trust @ info@teamalltust.org to receive a 30-minute $50.00 donation estate plan coaching session. Be bold, correct the mistakes you didn’t know you made, and put an estate plan in place for generations to come!

FREE TRUST RESOURCES

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Donations to the Trust

You personally donate your income to the private trust. And your other business endevours donates to the trust instead of paying you personally.

Donations to the Trust

You no longer have a personal income. The Trust covers your expenses in the form of an allowance.

Donations to the Trust

This Trust is a non-filing lawful entity. This is NOT tax evasion, it is tax avoidance through a legal shelter.

Disclaimer Notice: The content of this website is provided for educational purposes, omissions and errors excepted, and is not legal/lawful advice.

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