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Old 05-04-2006, 07:29 AM
AndyK AndyK is offline
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Join Date: Apr 2006
Location: Maryland
Posts: 292
Quote:
Originally Posted by propilot22
Hi all. I'm wanting to form a pure/common law trust and was wondering if anyone might have a template or an example of such a trust that they would be willing to share. This is mainly for asset protection but will be used in conjunction with an LLC for my business. Any help would be appreciated. God bless.

I recommend that you do some serious research on the effectiveness of a "pure/common law trust" with respect to asset protection.

The promoters who sell trust packages over the Internet somehow omit any mention of the failures of these "trusts" to accomplish anything other than line their pockets with set-up fees.

If you're going to spend a few thousand dollars to have someone set them up for you, you could spend a few hundred more and get a second opinion.

On the other hand, you could always have David Merrill set it up and then you're guaranteed to have it work perfectly.
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