Political Status Correction and Trusts Lecture by Don Colam
Jul 18, 2024
Political Status Correction and Trusts Lecture by Don Colam
Key Concepts
Political Status Correction
Non-Taxpayer Affidavit: Creating this affidavit is the first step in correcting your status.
Private Trust: Your name on a birth certificate is seen as owned by the state; transferring it to a private trust shifts control.
Social Security Number: Defined as a public trust under the Social Security Trust Administration. To regain control, you must create a private administration.
Status Change Practices in Various Communities
Muslims: Shahada.
Jews: Similar status change (unspecified name).
Christians: Baptismal certificate can be used for status correction.
Tribes and Churches: Can also offer avenues for status change.
Resources
OnlyFans: subscribe at onlyfans.com/donam
Instagram: Follow @DNKM
Text Private Life: to 48573 4879 for consultations.
Websites: gooseschool.com and donkolam.com.
Financial and Trust Structures
Social Security Number as a Trust
CES K VI Trust: Social Security number is a CES K VI Trust, a trust where you are the beneficiary.
Fund Management: Two funds - Old Age and Survivors Insurance Trust Fund and Disability Insurance Trust Fund.
Beneficiary vs. Trustee: You are the beneficiary of the trust, not the trustee.
Equable Title vs. Legal Title: Beneficiaries hold equitable title and receive rents, issues, and profits, but trustees maintain legal title.
Critical Terms and Concepts
Amalgamation: Combination of personal and trust identities creating new entities, such as SPVs (Special Purpose Vehicles) in credit and mortgage default cases.
Distinguishing Legal and Natural Names
Legal Name: Tied to your Social Security number and acts as a trust and a business entity.
Natural Name: Separate from your legal name and not subject to the same regulations.
Creating Entities: Create separate entities to limit liability and manage assets.
Actions and Advice
Book Consultations: Consultations available for detailed private trustee training.
Understanding Legal Terms: Importance of fiduciary duties, trustee responsibilities, and legal vs. equitable title.
Tax Liabilities: Distribution of tax liabilities through private trusts vs. statutory liabilities through public trusts.
Misconceptions and Clarifications
Nationality vs. Business: Nationality does not equate to tax exemption. Taxes apply to the legal name, not the natural name.
Private Trust vs. Public Trust: Public trusts are governed by state laws, while private trusts operate by contracts.
Misunderstanding Legal Title: Legal title vested in the U.S. government, you only have beneficiary status.
Correct Procedures
Private Governance: Establish private governance structures like trusts, tribes, or churches.
Understanding Trust Law: Learn about concepts like the Doctrine of Merger and Alter Ego Doctrine.
Avoid Co-Mingling Funds: Keep private and public funds separate to avoid liabilities.
Services and Education
Private Trustee Training: Available for detailed education on managing trusts.
Educational Resources: Books authored by Don Colam on tax credits, diplomatic immunity, and trust management available at major bookstores.
Public Engagements
Consultations: Text or book for private consultations.
Social Media and Websites: Engage through OnlyFans, Instagram, and the listed websites for further information.