Recently an organization known as “The Gang at Client Werks, LLC” put out a blog entitled “BUYER BEWARE—WHO IS TRUSTS UNLIMITED” seeming to question the very existence and legality of Trusts Unlimited. The gang’s half-truths and innuendos attempted to expose Trusts Unlimited as some sort of “fly-by-night”, “Johnny come lately” to the dinar trust world. So as to set the record straight Trusts Unlimited takes this opportunity to categorically answer the so-called charges set forth by “The Gang at Client Werks, LLC.” Their questions and Trusts Unlimited’s responses are as follows:
What is the state of organization for Trusts Unlimited LLC?
Trusts Unlimited is the business trade name for one of the divisions of Proactive Solutions, LLC, which is registered in good standing with the Wyoming Secretary of State and has been since February 15, 2011, long before Client Werks, LLC was organized. In fact, Proactive Solutions, LLC was organized and writing trusts for dinarians at a time when the organizer and principal of Client Werks, LLC was on his way to bankruptcy servicing heavy equipment and delivering fruit from Nevada to Virginia and finally, Missouri.
What is your business address in Wyoming?
Proactive Solutions, LLC, and hence Trusts Unlimited’s, business address is 109 East 17th St, Ste. 63, Cheyenne, WY 82001.
Who is your registered agent in Wyoming?
Registered Agents of Wyoming, LLC, 400 E. 20th Street, Cheyenne, WY 82001.
How do you substantiate your claim that your trusts are valid in Wyoming?
Any trust can be written anywhere by any competent attorney or individual providing for another state’s law to be controlling. This is nothing new: experienced estate planning attorneys have done this for years.
How do you comply with Wyoming law?
The use of creditor protection statutes in the United States is a fairly recent phenomenon. In 1997 Alaska became the first state to adopt self-settled spendthrift trust legislation which was quickly followed by Delaware, Nevada, Wyoming and seven other states. Wyoming has been a leader in asset protection legislation and has been since 1979 when it enacted the first LLC legislation in the country. Trusts Unlimited’s trust package incorporates the Wyoming Spendthrift Trust law as the governing or controlling law of its trust package and provides a unique mechanism employed by offshore trusts to remove the current trustee and replace him/her with a qualified Wyoming trustee at any time a lawsuit or any other “event of duress” occurs without any action, whatsoever, on the part of the trustmaker/beneficiary of the trust. This is permitted under Wyoming law.
Who is the Wyoming law firm or attorney that you used to review your trusts for compliance with Wyoming law and produce a written opinion?
Any competent attorney familiar with asset protection can draft a trust to comply with the laws of another state without being admitted to practice in that state. The selection of Wyoming law is rather commonplace among experienced asset protection lawyers and they are not necessarily licensed to practice law in Wyoming. The attorney for Proactive Solutions, LLC/Trusts Unlimited has over 20 years of experience in asset protection and trust work, both domestically and internationally. He has authored several legal articles on the subject of asset protection as well as addressed several national law groups on the subject. Further, he is a frequent lecturer at continuing education classes for attorneys on the subject of asset protection and is well-qualified to review and oversee documents for Trusts Unlimited. In fact, it was the attorney for Trusts Unlimited who developed the unique language employed by the master trust included in the materials marketed by Trusts Unlimited which makes Trusts Unlimited’s package unique and provides the element of protection and anonymity desired by its customers.
Client Werks, LLC is the organization that a buyer should really beware of. In addition to spreading malicious innuendos and half-truths about its competition, it advocates the use of Wyoming trusts to essentially violate the laws of several states which could subject those who rely on their representations to possible criminal sanctions for tax evasion in the state where they live, assuming, that is, that the customer ever receives their work after having paid for it. If you would like more information on what Trusts Unlimited does, or facts to shed light on the half-truths spread by “The Gang at Client Werks, LLC”, please visit our website at http:// trustsunlimitedllc.com, email us at email@example.com or call us at 307.274.4122.
For more information on just who Client Werks, LLC and its principal, Nicholas A. “Nick” Parino, Jr., click here.