"Pure" or "Constitutional" or "Common Law" or "Contract" Trusts
The only thing pure about any of these types of trusts is the evil that lurks in the con artist's heart! Trusts are valid estate planning or asset management vehicles and can provide a great deal of protection and serve many legitimate purposes; but they can not and do not provide an absolute shelter from taxes, personal liability and / or accountability as many suggest. A contract for an illegal purpose is void ab initio or from the beginning. And even if the trust isn’t absolutely void then you should know that every state has statutes providing mechanism to pierce the veil of secrecy surrounding trusts and hold the underlying parties accountable whenever a trust is used in some illegal way or wrongly asserted to avoid personal liability.
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