Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

% of readers think this story is Fact. Add your two cents.

Almost two decades ago, Masters Trust released it’s now unique and renowned Masters Spendthrift Trust Format that became today’s standard in Trusts.  In 2009 Trustees of Masters Trust contracted with James Blakeman to market the Masters Trust Copyrighted Trusts and sell copies through a licensing agreement. The licensing agreement forbade sale of Trusts over the Internet and required honesty in dealings and sales. An attorney was also required to sell the Trusts something Blakeman blatantly ignored. This means all his Trust sales were illegally sold because he is not a lawyer, nor is a lawyer in his organization. A legal opinion letter included in his sales is not sufficient and he has received complaints with the State Bar Association in more than 4 States to date. This action was due to his advertising “trusts” over the internet, which are legal documents but illegal for someone who is not a lawyer to sell. If prosecuted and convicted these are felony charges that hold stiff fines and imprisonment. This also means the IRS could declare all sales invalid and invalidate the tax advantages of the documents.

Blakeman, hired Lynn M. Bernal (who also calls herself Hayseed) to run the daily operations of the sale of the Masters Trust Copyrighted Spendthrift Trust and collected $5,050 for each Copyrighted Trust into Passion for Purpose Trust.

We expect that many current Masters Trust owners will file Federal complaints against Blakeman and Bernal which could result in interstate commerce fraud charges because Blakeman without being a lawyer was, with assistance from Bernal selling legal documents across state lines, and thus engaging in illegal interstate commerce. Complaints by many people have been filed with the FBI and Homeland Security who claim they were defrauded and deceived to purchase trusts. If charges ensue against him and Bernal it could mean everyone that purchased a trust might be eligible to recover their funds through class action litigations or restitution fines.

According to court Documents, many copyrighted Trust documents were sold without the licensing fees paid to Master’s Trust by Blakeman, which were sold by Bernal.  The complaint also charged breach of agreement and fraud. When they ceased paying the contractually agreed upon licensing fees to Masters Trust, both Blakeman and Bernal received cease and desist orders but continued to sell Trusts under either the Masters Trust name, or as of late the Red River Trust.  As a result litigation was filed in Federal Court against Blakeman and his organizations in which Master’s prevailed. Blakeman was forbidden to sell the Copyright or any similar product in the action. He continues to defy the legal action. After the litigation, Masters Copyrights LLC, the rightful holders of all Masters Trust Copyrighted documents, officially distanced itself from Blakeman and Bernal. The funds collected and purloined by them belonged to the Beneficiaries of Master’s Spendthrift Trust, who are God, Jesus Christ, the Holy Spirit, the poor, the indigent, works of faith, hope and love Christian causes and education. The theft was against God and through defying the legal action he continues to rob God.

Anyone who has paid Blakeman and Bernal the full $5,000 price for their Masters Trust can apply here for a full replacement of your Terms & Conditions pages of your Masters Copyrighted Trust free of charge.  These new Masters Trust Terms & Conditions are the 2012 copyrighted T&C update which comply with new IRC Section 643 requirements.  This replacement of the Terms & Conditions of your Trust will be emailed to you in PDF format and you may print it out yourselves.

Anyone who has paid Blakeman & Bernal for a follow on Red River Trust will get the same offer.  Because most clients contracted with Blakeman and Bernal for Masters Trust copyrighted Trust documents and had a “bait and switch” pulled on them by Blakeman and Bernal, Masters Trust will, at our expense – free of charge to you – issue you new Terms & Conditions for your trust, also in PDF format. Follow this link for more information. Because Masters Trust cannot vouch for anything in the Red River Trust Terms & Conditions, we are making this offer to anyone who has purchased a Red River Trust before today, May 20, 2015 so that your Trust will comply with all of the Internal Revenue Code changes.

If you have a Trust on layaway with Blakeman/Bernal, then simply abandon that contract and fill out your layaway order for “the real McCoy” Masters Trust Copyrighted Trust here.  The transfer of your layaway will not cost you anything as long as it is done with the above link.

It is our goal to offer you the very best that we can and service your needs today in order to protect your assets in a way that complies with current Internal Revenue Code.  Because many of our clients have foreign currency that they are conveying into their Trusts, we need to share a serious warning: according to the IRS, you MUST convey your currency into your Trust BEFORE these currencies revalue.  If you have a layaway with Masters Copyrights LLC, we will send you the documents necessary to have your Settlor meeting, convey assets into your Trust and subsequently open correct Financial Institution relationships at the correct time.  Other vendors of Trusts don’t offer this guidance.  The only reason we can do a true layaway of your Masters Trust is because we have attorneys and paralegals on staff and can legally create a Trust for you.  Others can’t claim this.

We look forward to serving you in all of your Trust needs.

The myMastersTrust.com team