Without a great deal of specialized knowledge, many will find it very difficult to know what we control. If it is important to us that someone cannot go into a public record or a computer database and find out what we own or control, just so they can sue us or perhaps defraud us, a Pure Trust can effectively set up an invisibility wall between assets and ourselves. This is usually the first and most visible reason anyone thinks about using Pure Trusts. If we have no taxable earnings we have no taxes to pay nor personal reporting requirements. If someone buys something at a low price and then sells it at a high price they have created what is known as a capital gain.
Government loves to share in our good fortune.
Through the use of Pure Trusts we can eliminate such government intrusion into our private business success. We have all heard the stories of how someone's relative passed on and the horror stories of how the lawyers and the taxman took the lions share of the estate before the inheritors get a dime. The use of Pure Trusts allows anyone to place their valuable lifelong earned assets into the hands of a trusted third party that lives on after our death or incapacity. When we die the Pure Trust lives on. Therefore we get to cheat the lawyers and tax collectors out of their share.