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Page 1: Article State and Federal Realities

8/10/2019 Article State and Federal Realities

http://slidepdf.com/reader/full/article-state-and-federal-realities 1/4

http://passingbucks.com/articles/index.html

ArticlesThe following articles will, hopefully, help you understand more about inheritance andopen your eyes to a better way to handle these matters.

The Living Trust Dilemma

nheritance !cam

Loss of nheritance

"hat s #our "ill, Trust or $%& 'issing(

 )o *ontest( )ot+

'arriage -ow to et %etter esults without a 0renup

etting #our 1air !hare

!tructuring of 0artnerships and Trusts

The %ig 2mpty !pot: -ow To 1ind 3ualified Trustees

Trustee %aby !teps

etting the Trust !tarted

ood to o

%eneficiaries who nherit

Trusts one %ad+

4 "arrior to the 2nd

Living Trust 1unding

Like 'inds

eneration !kipping Trusts

!tate and 1ederal ealities

'inutes and llusions

*reating $seless Trustees

CHARLES ARTHUR ENTERPRISES

3435 OCEAN PARK BLVD, SUITE 10!""#

SANTA $ONICA, CA %0405&#1#' 54!"1((

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http://passingbucks.com/articles/state5and5federal.html

St)te )*+ e+er)l Re)lities

P)tri-t C-*./si-*s

n the 67789s, there was vast confusion between the right to contract as stated in the $.!.*onstitution, and lawfully conducting business as a *ommonLaw Trust. There was alsoa controversial definition of legal federal taxation. 1urther, the idea that Trustees need to be arm9s length from the business of the Trust and its assets misled a great many peoplewho lost most, if not all, of their assets to the ! because of scam Trusts.

To the contrary, Trustees need to be deeply involved in Trust business, while the rantorneeds to be arm9s length from the Trust business.

%ecause of the patriot viewpooint in the 6778s, the *ommonLaw Trust was believed to be a magical way to get out of taxes; hence many sham Trusts were created byenthusiastic promoters. "e discuss several of these unfortunate deals in the /4rt of

0assing the %uck, <olume /. t all sifts down to knowledge, skill and training. "ith thiskind of Trust, you need to know what you are doing.

I*ter*)ti-*)l B)*ers C-*

This confusion about the right to contract, and the federal government9s role happened because people were =ust discovering how criminal the nternational %ankers were, howthey tricked people into volunteering to pay incomes taxes, and how these %ankersusurped the $nited !tates to bankrupt it.

 )othing has changed about that, and neither has the voluntary taxing system.nternational %ankers are criminals, they conned all of us. Let us not argue the point.

-/rt )*+ i.t A2e*+2e*tsThe problem with the voluntary federal income taxes is that once you volunteer, it seems,you can never unvolunteer. This is because, allegedly, a person who volunteerssurrenders their fourth and fifth amendment rights forever regarding taxation. f you donot know what those rights are, we suggest you look them up, especially if you areclueless about what it means to your personal life.

4nd so it is, almost everyone has volunteered as no one forced people to file federalincome taxes. 1ailure to file applies after one initially volunteers. The understanding ofthe issue is still =ust as murky as it was thirty years ago or more. There is a benefit tofiling, as when getting a loan or doing ma=or financial deals, the lenders and brokers often

want to see your 68>8.!o we suggest, since some people have been through the battle to stop federal taxes, withlittle or no gain, =ust pay the federal taxes since it is too late to change your mind, eventhough there have been a few who have won the battle against the nternational %ankers.These world financiers use the collected funds as they wish, and since they control theworld, a little person is not going to change it.

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N- )-l-ies

%y the way, these financial power brokers do not apologi?e, and they do not care whatyou think. @udge by the results of their volatile, timely and perpetual wreckage of theworld9s economy. &bviously, they know exactly what they are doing. Their motive is to

keep you broken and weak.S)e 6-/r Tr/st

 )o, the *ommonLaw Trust does not stop, save or shelter you from your voluntary personal federal income taxes. n fact, it is the other way around. f you pay your taxes,and do not cause any trouble, the Trust setup is much safer. f you are not under !investigation, neither is your Trust. !o settle the federal tax matter, if you have one, before you proceed to get an rrevocable *ommonLaw Trust. The ! is bigger thanyou, by the way.

"hat is true is there are various ways a *ommonLaw Trust processes its cash flow, andsome of these protocols may or may not be taxable, depending on decisions made by both

the Trustees and the rantor in their particular circumstances. There are options withinthis Trust system not available in other systems, but to process a cash flow properly takeseducation, and skilled administration.

St)te T)7es!ome people have asked about state taxes, and where confusion exists is about state salestax, property taxes or other applicable fees due to the state that are not related or attachedto federal situations. These obligations are still owed to the state of the *ommonLawTrust situs and/or where the assets are located.

#es, if one is conducting business in his or her state with the public, a business license is

reAuired, and if there is an appropriate sales tax, the forms need to be filled out by theTrustees and paid by the Trust. #es, the Trust can have a merchant account as well as a0ay0al account, and these have no direct connection to federal taxation.

Cre+i8ilit6

Dealing with a bank is unavoidable, but it helps to gain credibility for the Trustees if atleast one *D is held by the Trust. f you can put together enough funds, get one forBC8,888 or B8,888.88. This makes the bankers much more friendly.

4 Trust gets many advantages and can take on tasks an individual cannot do, but all ofthem depend on the how the Trust is structured, the skill of the Trustees and how theymaneuver through the world. Those advantages revolve around a tight support system,

sufficient funds, appropriate business connections as well as the talents and cooperationwithin the Trust group.

f the Trust deals with a passive cash flow, that is, funds coming in from variousinvestments where there is no personal interaction with the public by the Trustees or other Trust administration members, then there is no business license or sales tax reAuired. t isthe same as if one9s grandfather received funds from his investment portfolio. Thegrandfather is not dealing with the public; however the broker is, and he needs a license.

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t is important to get the support of the community in which the Trust resides, so payingone9s local taxes, showing up to some of the *hamber of *ommerce meetings, and othernetworking groups, =ust might provide the connections to get the information andresources needed to build the Trust toward the goals intended by the rantor.

Aii+- te Eil4ikido is a form of marital arts where one uses the momentum of the attacker against himor her. "e are not interested in encouraging people to fight the evil, which has notchanged at all in our known history. "e are interested in educating people about the evil,and how to handle it in a more effective way. Don9t throw yourself against the wall; goaround it or use it to your advantage.

Do not waste your time with people who cannot process your words. #ou would besurprised at the many options there are to deal effectively with this disconnected andtwisted world in which we live. %ut more importantly, do not sacrifice yourself for a battle lost a long time ago.

This is about the /4rt of 0assing the %uck/, and it is an 5art5 form.

*harles 4rthur is the pen name for the group which authored The Art of Passing the

 Buck, Volumes I and II .