Pure Contractual Trusts

Generally, a trust can be defined as a person
holding something of value from another person for
the benefit of a third person, under some agreement
or contract. All parties must remain faithful to the
contract during its life. There are many "statutory" trusts
including family and living trusts, which are vulnerable to
attack and subject to certain reporting requirements.

We invite you to set aside your prior thoughts regarding
trusts and concentrate on the more specific area of the
"right of private contract" which has not been overturned
in over 7,000 cases.

The Pure Contractual Trust derives its power and correct
legal standing because it is based on a right guaranteed by the
Constitution. The term "trust" is used in the name, to
reference the underlying form. Therefore, a Pure Contractual
Trust is a private contract in the form of a trust.
The Pure Contractual Trust should not be confused
with other groups who sell or manage trusts that are
either statutory or common law. The Pure Contractual Trust
would only distinguish or defend itself under the right of
private contract.

The Private Contractual Trust is both powerful and
flexible, and cannot be intruded on by any statute,
regulation, or agency. It has no annual reporting or
public notice of officers or its affairs.

The three primary parties to this contract are: The
Exchangor, Trustee and Certificate Holders. After
the Creator and the Trustee initiate the irrevocable contract,
assets may be exchanged for management under the terms
of the trust in exchange for Trust Certificates, setting out
certain distribution rights.

Remember, to have things available for use and enjoyment
is more important than ownership.

The next post will explain the two functioning characteristics
that a contractual trust structure must have.