I know what some of those words mean… Can anyone translate what’s actually being said here? I got that it’s something about a birth certificate and some kind of trust fund but that’s about it
I looked up “bill of lading” and it’s basically just a fancy word for a shipping receipt. The fact that someone would compare that to a birth certificate is just kind of depressing…
What the words always mean: There is a cheat code to get me out of paying taxes and maybe even get the government to pay me money and I’ve almost figured out what it is.
Trust and Trustees: The person is asking if they (and possibly others) are acting as trustees under a type of trust called a “spendthrift trust.” In a spendthrift trust, the beneficiary’s ability to transfer their interest in the trust is restricted.
Discretionary Trust and Prescription: They mention that this trust is discretionary, meaning the trustee has the power to decide how and when to distribute trust funds to the beneficiaries. “Prescription” here refers to a legal concept where rights can be acquired or lost over time through inaction.
UCC 9210: This refers to a section of the Uniform Commercial Code, likely dealing with claims and notices related to secured transactions. The person is asking if filing something under UCC 9210 can prevent the state from claiming the trust by asserting their own rights to it.
Form of Notice for Estoppel: They are inquiring about what specific notice or document people have used to stop the state from claiming the trust (estoppel) due to inaction.
Birth Certificate as Bill of Lading: They compare the birth certificate to a bill of lading (a document detailing the shipment of goods), suggesting that the birth certificate might be considered a form of documentation that verifies the “shipment” of the baby (the person) into the world.
I know what some of those words mean… Can anyone translate what’s actually being said here? I got that it’s something about a birth certificate and some kind of trust fund but that’s about it
I looked up “bill of lading” and it’s basically just a fancy word for a shipping receipt. The fact that someone would compare that to a birth certificate is just kind of depressing…
What the words always mean: There is a cheat code to get me out of paying taxes and maybe even get the government to pay me money and I’ve almost figured out what it is.
Yes, and a lot of the time: I don’t want to pay child support!
Trust and Trustees: The person is asking if they (and possibly others) are acting as trustees under a type of trust called a “spendthrift trust.” In a spendthrift trust, the beneficiary’s ability to transfer their interest in the trust is restricted.
Discretionary Trust and Prescription: They mention that this trust is discretionary, meaning the trustee has the power to decide how and when to distribute trust funds to the beneficiaries. “Prescription” here refers to a legal concept where rights can be acquired or lost over time through inaction.
UCC 9210: This refers to a section of the Uniform Commercial Code, likely dealing with claims and notices related to secured transactions. The person is asking if filing something under UCC 9210 can prevent the state from claiming the trust by asserting their own rights to it.
Form of Notice for Estoppel: They are inquiring about what specific notice or document people have used to stop the state from claiming the trust (estoppel) due to inaction.
Birth Certificate as Bill of Lading: They compare the birth certificate to a bill of lading (a document detailing the shipment of goods), suggesting that the birth certificate might be considered a form of documentation that verifies the “shipment” of the baby (the person) into the world.