A
PURE TRUST is one in which three parties of the trust (Settlor,
Senior Trustee & Beneficiary) are in fact, three separate entities.
These three entities become ONE through this
TRUST, thus creating an
entity in itself.
It is based on what is called
COMMON LAW. This is a PURE contractual
TRUST called a "Declaration of
Trust." It is recognized by most governments and governmental agencies
throughout the world.
One person cannot totally
control and hold possessions or assets of the
TRUST. This would be a
conflict of interest and can destroy the credibility of the
TRUST. The
most important thing to remember is to keep with the form of a
PURE TRUST, you must have three separate
entities holding the three different positions which is a Settler,
Senior Trustee & Beneficiary.
Set up a
TRUST right away! If you’re operating
without the protection of a TRUST, you are vulnerable to every type of
lawsuit available in your country. One stupid, frivolous lawsuit could
wipe out years of work in a matter of weeks by not having a
TRUST.
Don’t delay too long without doing something. That’s the best advise
we can provide!
The professionals at
ASHERON can create corporations and trusts from any venue you desire
but you have to be serious; you have to contact Asheron now in order
to avoid costly problems that could arise in the future. Don’t wait
until it’s too late!