Restored Truth!

On our coins it says – at least on the Quarters – it has “Liberty” and “In God we Trust” In the book of Mormon we have a title of Liberty – for our faith, family and freedoms etc. ( See below! )

In our national anthem – “America the Beautiful” – we encourage Self control and liberty in law, hopefully that law is just and blind to abuses on any side…

Can we trust man with Power? Often not the powerful have often abused their so called power!

Can we trust God? The faithful do…

Can we use trusts and the laws around them to protect or manage assets that we don’t own but are in other’s Trust?…

Trusts can segregate your assets, thus the liability is limited to the lone asset to which the damage occurred. The court cannot go after you for damages as the item is owned by the trust. The courts cannot go after everything you own. Why? Because you own nothing. i.e. Your auto is in a simple trust. You have an accident while driving the auto. You are at fault. The courts can only go after the trust that contain the auto. Your personal liability is limited to your insurance on the car which is under the trusts name. There is nothing else they can take. They cannot then go after your house, jewelry, paintings, furniture, other cars or properties. You know why? Because they are also owned by another trust (or segregated), etc. , etc. Get it? YOU OWN NOTHING but MANAGE EVERYTHING!

( Above is copied from – https://mntgoatnewsusa.com/trust-workshop/ )

Maybe we should learn more about TRUSTS!

What if your trust is for your SAVINGS Account or INVESTMENT ACCOUNT? How do I get money out of it for myself or others? When thinking about distributions from the trusts, remember that there are normally two key parts:

1. The lump sum or initial principal money (or pther asset) originally granted or put into the trust, such as your currency exchange money or (properties, cars, land, etc.).

• The sum of money generated later from the trust such as income generated from it over time using the original principal asset, such as from investments in the trust. i..e. the trust buys some stocks or an annuity. Yes, you are allowed to have investments in certain types of trusts. These investments can generate income for the trust. Sometimes substantial amounts of income. How you will pay taxes on these incomes depends on the type of trust and how the money is distributed. These are two important factors.

Simple Trusts vs Complex Trusts:.

There is so much more to learn in this area.. This is not even a beginning – it may only be a tease in part…

How come we don’t know more about laws and so many things connected to them?….