The Legacy and Innovation of Trusts
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The concept of trusts dates back to medieval times, with their roots deeply embedded in the history of wealth management and asset protection. Imagine the 12th and 13th centuries in England, where early legal trusts were established to help landowners protect and manage their estates. This revolutionary idea transformed the landscape of asset protection, providing a way to safeguard wealth while maintaining control over property.
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One of the earliest known trust-like arrangements was developed by the Knights Templar during the Crusades. As landowners embarked on perilous journeys, they entrusted their property to the Templars for management, ensuring its return upon their safe return. This innovative approach laid the foundation for the modern legal trust.
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In the 16th century, dynasty trusts emerged in England as a means to preserve family wealth across generations. These trusts were favored by noble families who wanted to ensure their estates remained intact, protected from taxes and legal claims. A notable example is the entail established by Sir Thomas More in the early 1500s, designed to preserve his family's estate for future generations.
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Today, the tradition of trust structures continues to evolve, embracing modern innovations while maintaining their historical significance. Enter the Blockchain Trust, a revolutionary advancement in asset protection and wealth management.
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Our Unique and Powerful Blockchain Trust Structures
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When your assets and wealth are on the line, you need a strategy with a proven track record. Our Spendthrift, Non-Grantor, Complex, Discretionary, and Irrevocable Trust, established in 1533, has stood the test of time, remaining secure and unbreached for nearly 500 years.
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What Makes Our Blockchain Trust Unique and Powerful?
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Our Blockchain Trusts and Blockchain Dynasty Family Trusts are founded on Contract Law rather than Legislative Law, offering a distinct advantage. This structure represents a binding agreement between private parties, establishing mutual obligations enforceable by law. It incorporates the three essential elements of a legal contract: offer, acceptance, and consideration—the exchange of something valuable.
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Our Blockchain Trusts are also compliant with IRC 643, allowing for the indefinite deferral of capital gains, passive income, and K-1 income within the trust corpus. It enables the conversion of ordinary business income into passive income within the Beneficiary Trust, which can be deferred perpetually.
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No other trust structure provides this unparalleled level of asset protection and tax deferral. The Supreme Court case Elliot v. Freeman (220 U.S. 178, 1911) ruled that a Spendthrift Trust Organization is not subject to legislative control, reinforcing the strength and independence of such trusts.
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The Five Pillars of Our Blockchain Trusts and Blockchain Dynasty Family Trusts
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Non-Grantor: This designation exempts the Blockchain Trust from any alter ego status, ensuring no management or beneficial enjoyment by the Settlor. This distinction provides superior tax advantages and asset protection.
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Irrevocable: To achieve asset protection, the Blockchain Trust must be Irrevocable and Non-Grantor. This separation ensures that once assets are transferred to the Blockchain Trust, they cannot revert to the Settlor, safeguarding them from claimants.
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Complex: Our Blockchain Trust's complex nature ensures that the terms and conditions governing the Blockchain Trust are established once and for all. The Trustees have defined powers and limitations, ensuring that the purpose of the Blockchain Trust is preserved.
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Spendthrift: The Spendthrift Provision is critical, ensuring that the Blockchain Trust Corpus cannot be penetrated to reach its assets. This protection is upheld by long-standing case law, preventing turnover orders against a properly constructed Spendthrift Trust.
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Discretionary: The Blockchain Trust's Discretionary terms ensure that the Trustee has sole authority over the distribution of assets to beneficiaries. This designation allows for asset protection and favorable tax treatment under IRC Rule 643.
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The Future of Asset Protection: Blockchain Trusts
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Our Beneficiary Blockchain Trusts and Blockchain Dynasty Family Trusts are meticulously crafted to be Non-Grantor, Irrevocable, Complex, Discretionary, and Spendthrift—registered on the immutable blockchain. Trustees refer to it as "the Gift that Keeps on Giving," offering extraordinary value to Beneficiaries and Trustees alike.
Decentralized Law: The legal jurisdiction of each Blockchain Trust® is New York, USA, based on the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958) (the "New York Convention"). In other words, every owner of a Blockchain registered Trust Company agrees to abide by the above-mentioned U.N. Convention if any disputes arise and accepts the "SEAT OF ARBITRATION" in New York, USA, or any Member State of the UNCITRAL Convention.
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Each Blockchain Corporation or Blockchain Trust is constituted, registered and established on the Polygon Networks and abides to the Laws and Regulations of the United Nations Commission on International Trade Law (UNCITRAL) regarding the international sale of goods; international commercial dispute resolution, including both arbitration and conciliation; electronic commerce; insolvency, including cross-border insolvency; international transport of goods; international payments; procurement and infrastructure development; and security interests.
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The New York Convention has been signed by 172 Nations, which can be verified on the United Nations website by clicking here...
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With applications in various domains, Blockchain Trusts revolutionize wealth management by providing unparalleled security, privacy, and efficiency. Explore the power of Blockchain Trusts and experience the future of asset protection today.