Aug 18, 2014 1:52 PM

Why would you need to open a bank account for the PRIVATE trust ? :/

The Trustee Corp needs intercourse (credit) with the banks to funnel cash to crypto :)

Work checks will go direct deposit

no money for me

EVERYTHING will be bought and paid for by ESC CTRL via credit :)

9111-1111 Quebec Inc open a commercial bank account, that's all....

read the doc, its private, the bank does not need to see the trust deed, just its verification

in Quebec A Notary :) Ontario a Lawyer :(

Ok, but WHY would I need that ?....

Why does a trust need an account at all? If the corporation has one, and it does what the trust tells it to?

Seems to me that the goal is to have everything held in the trust for safekeeping on behalf of the beneficiary. Why would someone want to place any asset somewhere that they might not have full control of that asset.

OK, too much information, but how does 9111-1111 Quebec keep its value private?

Why 9111-1111 Quebec Inc would need to keep its value PRIVATE ? :/

The value is kept in the PRIVATE trust, 9111-1111 Quebec Inc is the TRUSTEE......

This note is legal tender won't be part of any value kept in FTP trust

So why would that PRIVATE trust need a bank account ? :/

The only type of MONEY that will go in this PRIVATE trust, will be DEBT-FREE money :P

I think you just answered some questions which were in my head but I couldn't seem to get them out properly. Can you verify if I'm getting what you say: So as far as I'm understanding it. You form a Trust which is private and no-one gets to see the details other than proof it exists then you for a corporation to act as Trustee and run the Trust , Yes?

If some MONEY happens to appear in 9111-1111 Quebec Inc, and that MONEY is to be kept IN TRUST, well the INSTRUCTIONS is to EXCHANGE these Legal tender notes, into a DEBT-FREE currency of MY choice, and then that DEBT-FREE money will be kept IN TRUST :P

That's what I have learned here.... :D

^^^ Is that a yes for me Pete Daoust ?

Thank you very very much Pete Daoust :-)

I haven't sorted out in my head yet how the self issued credit part works though. Could you give me an example Pete Daoust on something like a vehicle purchase?

FOR DEPOSIT ONLY! The corp is holding the fiat for someone else!!

I have some questions regarding trusts , their trustee corporation etc but I don't want to post in public I'm fucking paranoid about all the electronic information gathering lol :-(

A trustee opened a bank account the other day. After about an hour, the msnager called me and said "Chris, I can't open this account. Its not the 'pursuant to 12 USC 411 and 12 USC 95a(2)', its the 'FOR DEPOSIT ONLY' language. Unless you plan on stamping all the deposits like that".

Well...matter of fact, I do!!

^^ Deposit only meaning no interest to be paid on the monies?

As well as no tax, because it isn't "income"

For deposit only means, for deposit only :D

I'm starting to get it :-)

So can the money in the account be used for the day to day running costs of the Trust by the Trustee and those transactions are no business of any government agency?

^^ Is that a yes David Vilaca?

What day to day business with the TRUST ? :-(

^^^ Creating wealth for the Trust .

If the Trustee is doing the job full time there will be living expenses and other costs to be covered. during the carrying out of the duties as Trustee.

I posted this doc as I needed to grasp the value vs. accounting aspects of ESC CTRL. I currently have zero value, all that I had, vanished with my escape into reality. I am starting over and better wanted to understand what to do with my paychecks and how to store my accrued value.

I have to go for a while catch you all later.

Maximus, that's how I have constructed the trust, it see's no income but is required to cover expenses of the beneficiary. with zero value I am trying to figure out How ESC CTRL gets a credit card, I cant use cash after extreme detachment

David Vilaca what would you put for Question 1?

^^^ Can't put "None of your fucking business" lol.

Would it be Private Jurisdiction?

Or Narnia ? :-)

Or I guess you could file it offshore.

So Narnia :-)

No need to fill that thing, no need for a IN TRUST bank account :P

Ok”.

9111-1111 Quebec Inc is into existence to HOLD some stuff, for some fucktards, it was not created to sell and/or buy some stuff.

Holding Companies are created to ADMINISTRATE stuff for others, not to buy and sell shit”

Some of us feel that the ACTUAL trustees, in regards to their persons, are NOT doing their job, so there is a BREACH OF TRUST situation, so, some of us will decide to take their persons, and change it for another TRUST, and give to a TRUSRTABLE trustee (9111-1111 Quebc Inc), the ADMINISTRATION duties in regards to that person.

So now, that new trustee, will take care of everything the person may receive from strangers, all the tenders for law will be dealt by the new trustee.

So, instead of calling this day to day business, we might call this ADMINISTRATION, because that’s really ALL the trustee will do, ADMINISTRATE shit”.

For an example, let say a credit card bill appears in PIERRE DAOUST’s mailbox, me, as the sole authorized administrator for PIERRE DAOUST, I will bring that envelop, without even opening the envelop, to the TRUSTEE, so then, the TRUSTEE will open the envelop, and cut a cheque for whatever the amount on this bill, and send that check to the credit card company, the cheque will be from the 9111-1111 Quebec Inc’s bank account.

9111-1111 Quebec Inc won’t do this for free, it will charge PIERRE DAOUST for this ADMINISTRATION shit…..let say the credit card was $1000.00, 9111-1111 Quebec Inc could send PIERRE DAOUST a BILL for $1200.00,

And then ME, I will create a Bill of Exchange, 9111-1111 Quebec Inc will be the beneficiary, PIERRE DAOUST will be the drawer, and Bank of Canada will be the drawee, and this Bill of Exchange will be sent to 9111-1111 Quebec Inc.

And then, 9111-1111 Quebec Inc will deposit that bill of exchange in its commercial bank account”.

The $200 fee will be used to buy some supplies, so 9111-1111 Quebec Inc will have everything it needs to do sharp administration stuff, like computers and shit like that :D

Like the ACTUAL trustee does, who the fuck do you think pays for the fucking chair these assholes are sitting on ? :P

This is HOW I see it....but I may be wrong, check it out !! :P

Okay, If one wanted to open a trading account with a broker to create wealth for the trust. Would the Trustee Corporation open it or The Trust . A Bank account would also be needed to accept transfers from the broker.

You have funny ways to create wealth !!! :D

The conversation I need to have is too long , convoluted and private for Facebook :-(

Thank-you again Pete Daoust. I don't know what it is exactly buy somehow your posts seem to get through into my brain better than others :)

It's because I am Quebecois, and speak Frenglish :D

That may very well be the reason :)

That is EXACTLY how I have been doing it Pete

See ?? :D

Me and Chris we've learned it with two completely different method, he have red 647 books, I have thought about it 647 days :D

LMAO!!!! Literally!!!

Public servants speak Bnglish. Beuocratic Brussels 'Euu' bullshit.

Where do you live Brauns Orig Libau T?lis ?

So Chris Evan has developed some crazy reading skills, I have developed some crazy thinking skills :P

He is mastering the Quantum speed reading, I am mastering the Quantum speed thinking :D

No..no...no...I have also started to think. Its a slow process for me!! :-D

We know... :D

Maximus Legis, i, I&I, live within our means and in my loins. I collect mail from addresses in R?ga RIX and Ottawa YOW. ;)

What language is that Brauns?

Mutual funds wow Hey why not just give it to me? how do you know unsecured debt is not sold off in these things to unsuspecting costumers and the bank takes your money and you have to hope like fucking hell your neighbor pays off his boat so you can recoup your investment ...............Banks a predatory animal designed to separate you from your property