The Asset Protection Law Center

Many of my clients have been offered a particular trust arrangement, often called a "Pure Trust" or "Common Law Trust" or something similar. The promoters provide a lengthy list of misleading case citations and quotes from the U.S. Constitution and the claim is made that these trusts can be used to eliminate income taxes. Needless to say, if you attempt to avoid taxes with this technique you are likely to end up with serious criminal charges and a bill to the IRS that you won’t be able to pay. In fact, the IRS recently announced that they are specifically targeting these trusts for audit and investigation. Keep out of trouble and stay away from these arrangements.