Asset Protection & Preservation

Upon the other hand, the corporation is a creature of the State. It is presumed to be incorporated for the benefit of the public. It receives certain special privileges and franchises, and holds them subject to the laws of the State and the limitations of its charter. Its powers are limited by law. It can make no contract not authorized by its charter. Its rights to act as a corporation are only preserved to it so long as it obeys the laws of its creation.”

– Hale vs. Henkel, 201 U.S. 74-75 (U.S. Supreme Court in 1906)

It is a common belief that forming a corporation, LLC, partnership or other statutory organization in order to conduct business is a smart strategy for protecting assets and privacy, and reducing tax exposure. While these entities offer more protection than the act of operating and filing as an individual taxpayer, they do not provide protection against lawful acts of the State against such business structures. Why? Because:

  • The State is the creator of a corporation;

  • The State is the sole authority and sovereign head over the corporation;

  • The corporation is subject to the laws of the State which limits its powers;

  • The corporation has no constitutionally protected rights, except 14th Amendment;

  • The corporation is an artificial person;

  • The corporation submits to a State Charter declaring it is a creature of the State;

  • The corporation is created for the benefit of the public;

  • The corporation is a franchise of the State;

  • The corporation is a privilege granted by the State.

If you have been operating a business for decades using one of these entities, most or all of the facts put forth above are probably scorching your eyes for the first time, and you are beginning to realize how tyrants in government come to believe that they can order owners of these entities to do any immoral, unconstitutional act which they desire.

Continuing with Hinkle:

There is a clear distinction in this particular between an individual and a corporation and that the latter has no right to refuse to submit its books and papers for examination at the suit of the State. While an individual may lawfully refuse to answer incriminating questions unless protected by an immunity statute, it does not follow that a corporation vested with certain privileges and franchises may refuse to show its hand when charged with an abuse of such privileges.”

Unfortunately, most business owners discover these facts only after they’ve suffered great losses. Those who look “outside the box” for solutions usually discover that the extremely rich have been conducting their affairs through powerful, commonly-unknown legal structures for centuries. Passage To Liberty discovered these structures over 25 years ago and has used them successfully to protect assets and privacy ever since.

If you are ready to adopt some of the advantages employed by the global elite and recover your rights, ask for a private consultation.