MYTH #2 – A Common Law Trust cannot be pierced
FALSE. Just because it’s a Common Law trust doesn’t mean it can’t be pierced. If it’s not a private Express Trust, it can be pierced and the assets will most likely be seized.
What this boils down to is…
Also, any trust which is founded in common law – is utilizing a PUBLIC BODY OF LAW. That means it cannot be private. And privacy is also what I think all of us are about in this day and age.
If you are looking for a private trust – then you need to create a trust according to the U.S. Constitution (Article 1, Section 10, Clause 1 specifically).
If you have a common law trust – don’t let yourself become another victim of the IRS.(which isn’t a federal agency – so they can pierce common law trusts). Get a Bulletproof Trust which is 100% PRIVATE & SECURE.
Learn More About Bulletproof Trust
COMING UP: In a few dayswe’ll be revealing the scammers who are teaching people to establish fraudulent trusts. I guarantee #1 on the list is going to shock you. So, keep a look out for those emails so you can steer clear & stay safe!
Tomorrow we’ll be covering MYTH #3 that has to do with applying for credit cards with the trust. This simple mistake could change the entire jurisdiction of your trust – so watch out for tomorrow’s email!
Your friends in finance,
Private Wealth Academy
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