Episode description
This document explains the differences between statutory and common law trusts, arguing that common law trusts offer superior asset protection and privacy. It emphasizes the importance of understanding the legal distinctions between these trust types and highlights the potential benefits of common law trusts for asset preservation, business operations, and shielding assets from government seizure. The text cautions against improper trust administration and advocates for using professional trustees, especially in business contexts. Finally, it addresses government misinformation campaigns aimed at discrediting common law trusts.
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