Trust Newsletter #9: Transfer Chattel To Trust

Hi Folks

Mark Pytellek here again, of Private Trust Makers (PTM), the makers of your Trust.

Here’s the next chapter of the Non Registered Trust story on how you can engage your Trust to favor your financial future.

To all our valued Trust clients, including the most recent new ones, welcome to our monthly free educational circular as part of our program to educate and upskill our Trust clients so they learn to competently use their Trust without having to run to and rely on lawyers or accountants, thus saving you time and money. The earlier Trust Newsletters are available, free, on our website www.solutionsempowerment.org within the “Non Registered Trust” section under the tab “Resources”

Today’s subject matter topic is “Transfer Chattel To Trust”, one of the major reasons we are approached to explain.

Notice 1 the information delivered below is not legal ad-vice.
Notice 2 I am not a practicing lawyer nor a Certified Accountant.
Notice 3 the information delivered below is strictly private and confidential, delivered for your personal benefit

Transfer Chattel To Trust

With the ever increasing level of financial and economic instability throughout the world, many people are feeling their ownership of important assets are increasingly at risk or threat by various “pirates” in the public realm, you all know who we mean, and hence the Trust vehicle is uniquely in a world of its own. Nobody can attack and take chattel or property held in Trust without first obtaining the consent of all parties to the Trust.

You may transfer any chattel, that is – any moveable property you own, from your name to the Trust, such things as;

Money,
Gold Shares, Gold Certificates, Gold, Silver & other precious metals,
Other Certificates,
Interest in goods, business, other,
Jewelry,
Livestock,
Cars, Machinery, Machines,
Cryptocurrency, wallets,
Shares,
Other

We’ll discuss property transfer in Trust Circular #10.

Time of Purchase

The process of entering chattel in Trust name at the time of the purchase or other transaction (barter, exchange, gifting, inheritance etc) is easy. Usually the vendor-seller will ask you what name you wish the receipt or invoice be in. Most transactions, particularly private ones, you simply provide the name of your Trust. Nobody ever objects to a Trust name being the purchaser or transactor. When dealing – transacting with some public entities, these often require recording of the purchaser as <Trustee Name> ATF (As Trustee For) <Name of Trust>. Examples are the State Department of Transport, Tax Offices, Banks and some others.

In the above ten examples, in almost all cases only the Trust name is required.

The rare exceptions where the Trustee name will also be required, as well as the Trust name, is number 8 above, where let’s say you may wish to hold your cryptocurrency in Trust, the only way you can transact between a Bank and the Cryptocurrency online wallet is to open your Trust Bank account is to open it as <Trustee Name> ATF <Name of Trust>.

Literally anything of value can be held in Trust and hence protected from pirates and parasites.

Subsequent To Date Of Purchase

To transfer pre existing chattel – assets that are held in your name to that of a Non Registered Trust requires only a single additional step.

You may transfer any chattel, that is – any moveable property you own, from your name to the Trust, simply by;

Holding a meeting with all parties to the Trust (Can be conducted in person live, by telephone conference, zoom meeting, or simply in your head if you are the sole Trustee!) for the purpose of proposing the required transaction – chattel transfer with a date of settlement of the transaction and any relevant details, proposing a vote on moving the proposal and then recording the outcome of a vote in your document titled “Minutes of Meeting”.

If the majority elect to move the proposal, the decision recorded is your evidence the transaction is to take place and when.

If the transaction is ever challenged by any internal (to the Trust) or external party you only need present your “Minutes of Meeting” to validate the authority to have undertaken the transaction.

One can take the process a step further if the transaction is serious, involves multiple parties, has a cantankerous or untrustworthy party to the transaction, could potentially give rise later to a litigation issue, or other, by completing an Affidavit immediately after the meeting of the Trust parties, to officially record the transaction details under penalty of perjury, as well as having one other party to the Trust also complete their own Affidavit as witness. This will make any challenge to the recorded Minutes of Meeting dissolve instantly before any court.

We hope this information was useful and of benefit to you.

Look for the next Trust circular for further insights into practical and exciting applications of the use of your Trust.

Kind Regards

Mark Pytellek
Principal
Private Trust Makers
in conjunction with
Solutions Empowerment^®