PCT01-A - Different Kinds of Trusts

REPORT #PCT01A: DIFFERENT KINDS OF
TRUSTS
© Copyright 1994 Sovereign Services ALL RIGHTS RESERVED
Introduction
There are many different kinds of trusts - almost as many as there are writers of trusts.
Also, each writer of trusts has his or her own perspective of what a trust is and what
he or she means by terms like "trust."
In Build Freedom literature we basically refer to three different types of trusts:
1. The Wyoming Trust;

2. The Build Freedom Trust;
3. The Pure Contract Trust.
The Wyoming Trust

The Wyoming Trust is a common-law trust based on the laws of Wyoming. It's a
very simple do-it-yourself trust. You simply buy a form, you fill it out, sign it, and get
it notarized. There's no need to file it with the County Recorder, though this may be
necessary if real property is to be exchanged into the trust.
Although the Wyoming Trust includes a clause that states that it is not a statutory
trust, bureaucrats would certainly claim that it is subject to their statutory control.
Arizona has a statute that describes certain trusts, and stipulates that these trusts are
subject to statutory control, and that for purposes of registration, reporting, and
taxation are treated the same way as a corporation. I don't know to what extent there
are similar statutes in other states (and countries).
The Wyoming Trust provides minimal privacy and asset protection. Its advantages
include that it's cheap, easy to set up, and can be used to open a bank account. It's
appropriate for a resourceful person who wants to operate a business or activity that
doesn't in itself attract undue attention. The user has to provide his or her own
trustees.
If a Wyoming Trust is attacked or challenged by bureaucrats or a court, I suspect they

will "beat" or "pierce" it without too much trouble. In other words, it's unlikely to
stand up.
So you use the Wyoming Trust primarily for convenience. You never have any
significant assets in it, or its bank account(s). In my experience the bank's legal
department recognizes it as a "legal entity." So it's very useful to open up bank
accounts with.
The Build Freedom Trust

The Build Freedom Trust is for free-enterprise entrepreneurs who want to establish
and operate a real or true free-enterprise company completely outside any orthodox
legal or political systems. The Build Freedom Trust is based on the Build Freedom
Code. Its unit of account is the gram of gold. It can be used for a wide range of
enterprises, ranging from a small home-based business to a large international
holding company. It meets the requirements to be listed on the Free Market Share
Exchange in Orange County, California, a voluntary free-enterprise institution. The
Build Freedom Trust is designed to have any number of shareholders.
The "Build Freedom Shift" has been described as the shift of economic activities
from the public and private sectors into the free-market sector. The Build Freedom
Trust can be the ideal vehicle to shift some of your business activities into the real or
true free market. A major international holding company, based in Pennsylvania has
reorganized itself as a Build Freedom Trust and declared itself a "Build Freedom
Territory."
Build Freedom Holdings, the company that owns and manages "Build Freedom
Headquarters" is organized as a Build Freedom Trust. If you seek recognition or
protection from legal or political systems other than those in Build Freedom you
shouldn't use the Build Freedom Trust. Nevertheless, three trust experts, including an
attorney, have indicated that the Build Freedom Trust is a very solid private contract
because it's compatible with common law and it includes a private dispute resolution
procedure. (Governments usually operate on the basis that they are a party to a
contract, because it's their function to resolve disputes resulting from the contract.
This is one of the reasons governments claim give them a right to intrude in the affairs
of a contract. In the case of the Build Freedom Trust they can make no such claim.
This also applies to the Pure Contract Trust.)
The Pure Contract Trust

The Pure Contract Trust is a superb method to increase your privacy and safeguard
your assets. It is best described by outlining the 10 reports which make up the Pure
Trust Package, which provides you with most of the information you need to decide
whether the Pure Contract Trust is something you may want to use.
PCT01: Introduction to Trusts
A brief history of trusts. Why people use trusts. Benefits of trusts. Introduction to
the Pure Contract Trust.
PCT01A: Different Kinds of Trusts
In addition to the Pure Contract Trust, Build Freedom also provides the Build
Freedom Trust and the Wyoming Trust. This report explains the essential
differences between these three kinds of trusts.
PCT02: The Power of the Pure Contract Trust
The Pure Contract Trust is a common-law constitutional entity not subject to
statutory control or regulation. Its power stems from 6 main features:
(a) Every aspect of it is backed by the U.S. Constitution, U.S. Supreme Court,
and other court decisions;
(b) It's not subject to statutory jurisdiction - report PCT05 describes how to
defend against bureaucrats, using the Jurisdictional Challenge and other
methods;
(c) The sanctity of contract - described in report PCT08;
(d) The sanctity of records - described in report PCT06;
(e) The trustees are provided and are Sovereign Individuals as described on
page 8;
(f) The "embarrassing issue" principle - described below.
PCT03: Privacy and Asset Protection
Why you need privacy and asset protection; the Sovereign Individual paradigm;
the right to contract; why corporations provide so little protection; overcoming
ignorance and fear; probate costs and death taxes; the Pure Contract Trust and its
advantages.
PCT04: The Pure Contract Trust in a Nutshell
The features and structure of the Pure Contract Trust; common-law vs. statutory
jurisdiction; what you get for your money.
PCT05: The Jurisdictional Challenge
The power-message principle - in this context, messages that make bureaucrats
leave you alone; important case law citations; the Constructive Notice form to
use for the Jurisdictional Challenge.
PCT06: The Sanctity of Records
Analysis of the Hill v. Philpott case - if you voluntarily provide bureaucrats
with records, you surrender your constitutional rights; if the bureaucrats forcibly
seize your records, they are often prohibited from using these records against
you, even if the records indicate what they might consider "crimes."
PCT07: Understanding Common Law
Analysis of the Hale v. Henkel case - the basic rights of the Sovereign
Individual precede and are senior to the U.S. Constitution and the organization of
the state; what you need to know about common law.
PCT08: The Sanctity of Contract
Analysis of the Dartmouth College v. Woodward case - Article I, Section 10 of
the U.S. Constitution: "No state shall pass any law impairing the obligation of
contracts."
PCT09: Pure Contract Trust Questions and Answers
More than 50 important questions and answers regarding the Pure Contract
Trust.
The "Embarrassing Issue" Principle
There is a very powerful legal principle you can apply to reduce the risk of being
attacked by government marauders. I call it "the embarrassing issue principle." I
recently heard a story about a prosecutor saying to a judge, "But your honor! You
can't allow this matter to be entered as evidence, because if you do, it'll destroy the
judicial system!"
Suppose you operate some business or activity which is perfectly legitimate, but
some bureaucrats don't like it, and they've passed some unconstitutional statute or
regulation prohibiting it. Suppose you have taken a certain legal precaution such that
if the government criminals haul you into court, they'll be unable to prevent you from
bringing one or more "embarrassing issues" before the court. As soon as they
discover your precaution, they may very well back down and leave you alone.
In 1993 government agents raided the free-enterprise bank of Anthony Hargis in

Orange County, California. They illegally seized money, records, and computers. The
contract Hargis has his clients sign, includes several "embarrassing issues." Hargis
also submitted an "Affidavit of Truth," containing certain "embarrassing issues" to the
appropriate government agencies. Earlier this year they returned everything they had
seized.
Hargis told me that there are certain issues that make the bureaucrats tremble. They
couldn't prosecute Hargis, because if they did, they would not have been able to
prevent Hargis from introducing certain issues into court as evidence. The
bureaucrats know that if these embarrassing issues are introduced in court, they will
most likely lose. So they just back off completely.
The Pure Contract Trust contains in the contract itself eight of these embarrassing
issues. If bureaucrats were to challenge the Pure Contract Trust in court, it would be
virtually impossible for them to prevent these eight embarrassing issues from being
raised in court.
The reason why this stratagem is possible is that certain "judicial irregularities" (to
put it mildly - judicial fraud is more accurate!) were perpetrated in order to subvert
the government system to its current degree of unconstitutional oppression. Many
senior bureaucrats are aware of what has been done to subvert the system. They don't
want the "judicial irregularities" exposed, because they know they can't defend them.
So, in the case of Anthony Hargis's free-enterprise bank, they backed off completely
with their tails between their legs, when their weak spots were challenged. Exactly
the same is likely to happen if they try to attack the Pure Contract Trust.
Other reports in this series:

#PCT01 - #PCT01A - #PCT02 - #PCT03 - #PCT04 - #PCT05 - #PCT06 - #PCT07 -
#PCT07A - #PCT08 - #PCT09
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REPORT #PCT01A: DIFFERENT KINDS OF

In Build Freedom literature we basically refer to three different types of trusts:

1. The Wyoming Trust;

The Wyoming Trust

If a Wyoming Trust is attacked or challenged by bureaucrats or a court, I suspect they

The Build Freedom Trust

The Pure Contract Trust

The "Embarrassing Issue" Principle

In 1993 government agents raided the free-enterprise bank of Anthony Hargis in

Other reports in this series:

Home | Report Directory

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