Beyond Freedom FAQ
 
 

1) Question: What is a trust?
A trust is a contract where we put all our belongings such as real estate, property, and everything that we own we put in the trust so it is protected.

 
2) Why would I need a Trust?
We need a trust because our property and everything that we own and that we work for is protected by the trust against anyone coming after us and claiming it for compensation.
 
3) What is a foundation?
 a foundation protects our personal income
 
4) Why would I need a foundation?
we need a foundation because it legally protects our income from personal income tax as it is voluntary.
 
5) Question: What’s the difference between a Trust & a foundation?
The difference between a trust and a foundation is a trust protects our property and our business operations whereas the foundation protects our personal income from being taxed.
 
6) Question: Can a Trust can be busted by the Tax office?
It depends on the type of trust that you have. A public trust is open to government scrutiny. 
 
7) Question: Does our Private Trust have obligations to pay tax?
The difference between a registered and private trust is… one is set up by an accountant who works for the tax departmentor or a solicitor which is exposed to government scrutiny with tax obligations, and the other is a privately set up private trust so it’s protected from all government agencies.
 
8) Question: Can I protect my children in a Trust?
We can protect our children in a trust by naming them as property known as Peter, Paul, or Jane for example.
 
9) Can my Trust be Challenged in Court?
If our trust is challenged by a court to keep it private it can only be challenged by a  magistrate in their private chambers.
 
10) How do I invoice my Business Clients?
With invoicing our business clients we only use an invoice not a tax invoice with the form that you obtain directly from the ATO called a 3346.
 
11) Question: What’s the difference between a Private Trust & a Registered Trust?
A Private Trust is free and hidden from Government Corporations including the ATO. A Registered Trust is open to all government corporations and is open to fees, fines, and penalties if non-compliant.
 
12) Question: Why can a Private Trust protect the Estate?
The reason why a private trust can protect our Estate is that when the legal people wanted to protect their property from Tax, they created a contract in such a way that outside entities couldn’t take them or their property away also being a private trust it’s protected from all government agencies by common law.
 
13) Question: Are there more than one type of Trust?
Yes, there are a number of different types of trusts… Examples: family trust estate trust Express trust hybrid trust and discretionary trust.
 
14) Question: What is the role of the Trustee/s?
The trustee’s role is to manage and run the trust estate protected for the beneficiaries
 
15) Question: The Trust has two Trustees. Is it ok for us to sign separately using a witness who knows us both?
No… In the trust deed, the trustee only needs one signature when stated.
 
16) Question: Can our Trust hold other assets or just real estate?
 The trust can hold tangible and intangibles as well as intellectual property. It can hold everything that we own
 
17) Question: I already have a property. How do I transfer the title of that property from my name into the trust?
 When creating a trust whichever property we wish to apply to the trust we just designate that the trust now holds the property.
 
18) Question: Can I trade through a Private Trust?
 With trading on the stock market, we need an ABN number but we can run a business through a private trust to protect all profits made through running a business.
 
19) Question: My house has a mortgage on it and I want to put it into a Trust. Is this possible and how would I do it?
Firstly, the trust contains the name of the property the mortgage was done by a living man or woman now the trust runs the property, the property is then protected while we continue to pay off the mortgage
 
20) Question: Can a Private Trust obtain a loan?
No, it can’t, we need an ABN number. But a Trust can buy and sell anything through the Trust.
 
21) Question: How can I get my Superannuation to go into my Trust.
By claiming to self-manage our super funds and then transfer the super funds into the trust.
 
22) Question: What would happen if I were to die?
When someone dies the trust is a will and can carry out the wishes of the grantor.
 
23) Is the Trust liable for my mortgage?
The trust can continue to pay all expenses through it’s business operations.
 
24) Does that put any beneficiaries of the mortgage at risk of having to take on the debt?
The trust protects the beneficiaries from any debt as the trust runs the business, not the beneficiaries.
 
25) Question: Do Beneficiaries have to be registered?
 With private trusts being non registered all parties and participants do not need to be registered
 
26) Question: Do beneficiaries have to be 18 years of age or over? 
The age of the beneficiaries is irrelevant as it is not registered with government agencies.
 
27) Question: Will my Trust be mailed to me in the Trust name or my own name?
 With the trust, all correspondence will be in the trusts name
 
28) Question: I am trying to open my Trust account with the Bank and they say that it must be registered. Is this correct?
On the banking forms, it asks us what type of trust account are we opening all accounts must be in debit only not credit… This keeps it private.
 
29) Question: What do I do once I go to the Bank to set up my Trust?
When you succeed in opening your bank account you can trade your business through the trust account
 
30) Question: Will I be able to move existing assets like bitcoin and other crypto’s into this trust and are there tax benefits in doing so?
With profit made with bitcoins or cryptocurrency, we gift it to the trust which protects the profit from being taxed.
 
31) Question: Is this available to other countries? 
At the moment we are operating in Australia this will also work in New Zealand.