Interesting to note John, that according to “financial planning experts” the first “Trusts” were established as far back as two thousand years ago during the reign of Augustus Caesar.
It is held that when a Roman citizen wanted to pass his property to his children whilst married to a woman not of Roman origin, the property could not pass to the children. The solution they came up with was to will all his property after his death to a Roman friend who promised to use the property in order to take care of the children. Apparently that is how they circumvented “the law” by trusting a friend to do with the property as he saw fit after his friend’s unfortunate death, and thus the term “Trust” was established. Wonder what happened to the poor woman?
In modern times people still “entrust” property into such a written agreement.
In 1969 a man with two daughters and a deceased son left a will with his estate split in three. The two daughter beneficiaries got their inheritance as the will dictated and the deceased son’s two young sons received their share in trust to be held until they turned 25 to then be released to make provision for tertiary education expenses. The assets in the trust were however released by special accommodation and signature long before the boys became of age or 25 for that matter and quickly disappeared down the throat of an alcoholic step-father. The man was the grandfather of the elder brother who now sits here typing out the next step on his journey. By the age of 25 I knew exactly what it felt like to have my beneficial trust violated.
When you have a Trust created on your behalf you willingly transfer all your property, assets, bank accounts, securities, real estate to a person or persons you “Trust”. You no longer own these assets, the “Trust” does under the presumption that you still have access to all these assets while you are alive. You may instruct the Trust to pay out all income to you during your lifetime, and on your expiration from this dimension whatever is left would be transferred to your beneficiaries. You instruct the trustee(s) in the Trust as to who has access to it after your demise and your property will avoid probate after you death. All very simple unless you apply the trust rules to your biological offspring or “children” without giving it a second thought.
Once again my trust was violated. This time through a process called registration of live birth. What I did not understand or realised, is that shortly after my children’s birth I voluntarily created a legal entity through the filling in of a form given to me in the hospital where they were born. I associated this legal entity with my biological offspring, abandoned ownership of this legal entity by filing the form without any express claim as holder in due course and allowing the government to assume ownership of it as its legal property under maritime/admiralty salvage law and I essentially allowed my children to be “con-verted” into chattel property.
Consider the implications. If you did likewise, your children are now regarded as priority stock in a corporation and you don’t even act as if you are the owner of this corporation but as a mere employee. Technically speaking, you don’t even have a final say regarding the welfare of your children and recent news events prove this fact, never mind being able to protect their assets as beneficiaries of the National Trust. Why? Because people are too busy acting out the role of “law abiding” citizens as lucrative “tax payers” to recognise the truth hidden in plain sight.
Definitions:
Is there a solution for this dilemma? Yes, the numerical number 5 and a bunch of St. Joseph’s lilies.
Write down the five words on your mirror, “Quit working for the taxpayer”, act upon that and send someone you truly trust a bunch of St. Joseph’s lilies.
Johan
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