American Business Trust
What is an “American Business Trust“?
An American Business Trust is created by a private contract. It is a contract in the form of a trust. There is no “secret” to the form of a business trust. Everybody has the basic right to be able to make a contract with someone else. This is a true Right! It’s not a privilege that we need to ask the State for permission to do, as we do when we are creating a corporation, for example.
Article I Section 10 of the Constitution provides that; “No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.”
In essense (regarding trusts/contracts)… “No state shall… pass… any law impairing the Obligation of Contracts.”
You need to learn about how structuring your small business as an American Business Trust can be advantageous for you. You can structure this trust so that it will work in conjunction with your LLC or even your Corporation, giving you many more advantages than you will get by just structuring your business as a LLC or Corporation alone.
American Business Trusts have many uses, such as:
- holding company/companies for business equipment, automobiles, etc.
- for buying real estate in the trust, separating liability of ownership from you.
- buying investments in the trust, which may have capital gains advantages.
You can structure this Trust to work as an old fashioned family trust with a contractual obligation of financial support.
Do more research, and you will find that whatever your needs are, it is very likely you will discover options that you probably never even thought of; you will find that an American Business Trust can be very beneficial to you.
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