Advancing the Kingdom of Yeshua law lesson 2

the word "natural". Statutory law, on the other hand, which is what LLCs and corporations are based on, is legislated by politicians and changes from time to time -- often every year. It can be outrageously complex and has too often been engineered to benefit the few at the expense of the many. In the USA, a 501(c)3 foundation or nonprofit corporation is a statutory entity that is tax exempt, but it has to file reports to the IRS each year to continually re-justify its tax-exempt status. Its status can be revoked or challenged at any time. Some people are accustomed to using Limited Liability Companies (LLCs). Those who already have an LLC and a bank account for it can greatly reduce and minimize the taxes that it owes by establishing a natural law trust and having the trust be 98% owner of the LLC. A trust is a unique legal relationship. According to Scott on Trusts, it is established the moment that legal and equitable titles are separated. A trust has some corporate characteristics, but it is not treated as a corporation. Black's Law Dictionary defines a trust as a "right of property.... held by one party for the benefit of another.” A trust is a contract based on the confidence that one person (the Creator), places in another (the Trustee), for the benefit of a third person (the Beneficiary), with respect to property (Corpus), that has been placed in trust. The Trustees assume a fiduciary responsibility to the Beneficiary, and as such, have a special duty to perform their obligations on behalf of the trust, for the benefit of the Beneficiary. The gift of the properly designed natural law trust is that it is not subject to the millions of statutory laws. It is only subject to the natural law, which does not change. It stays the same, generation after generation, and so the trust set up properly under it can be renewed forever, without ever being subject to the changing whims of legislatures. It controls its taxing process. By giving up ownership and maintaining the right to enjoy the property, it benefits without the legal responsibilities. If your estate is in trust, it is free from probate and avoids inheritance tax. When you die, there is nothing to probate, nothing to tax, nothing for the government, or outsiders, to control. Since a trust is a right and not a privilege or benefit, the government does not have the ability to have the same type of control over your estate as it does with a corporation, partnership, or sole proprietorship. The public is generally excluded from the affairs of a trust. When you don’t own anything, you can’t lose anything. By having your estate in a properly managed trust, you can increase your ability to become judgment proof. The owner knows that by letting go and giving up ownership he is giving up liability yet keeping the benefits. A Financially Private Estate

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