From John C. Doe
(enter Trust’s mailing location here)
To: Social Security Commissioner
SSI Administration
1500 Woodlawn Drive., Baltimore, MD 21241
Dear Commissioner:
Years ago,
according to statutory provisions of the Social Security Act of 1935, Social
Security Administration (SSA) created a trust in the name of, JOHN C DOE. SSA offered the position of Trustee to me, John C. Doe , by sending me a
Social Security card and instructing me to sign it for acceptance. From that acceptance I continue, acting as
Trustee, in all of my dealings with said Trust. SSA created an account number, ###-##-#### (a.k.a. Social Security number), within their SSA General
Trust Fund (GTF) to account for donations made by said Trust into said GTF.
I am writing
you regarding our solution to CSPAN reports of SSA problems and media reports
that SSA is not likely to be able to maintain its responsibility to meet
payment requirements when “baby boomers” start collecting SSI benefits. That could directly effect said Trust. This instrument also serves you with notice
of, and opportunity to review, the attached Indenture.
SSA created
said Trust in construct (without indenture) with nothing limiting the trustee
from creating an actual indenture to move the Trust out of construct. In review of said reports, as Trustee, I
could not allow said Trust to remain in construct. Therefore, the attached Indenture was adopted because it relates
to and reflects the Trust’s operations as it has operated from its
inception. Our intent is to secure the
Trust by indenture so that no one can imply that said Trust does not exist and
thereby restrict or eliminate its assets and/or accrued benefits, so that the
Trust’s interests in the Social Security System will be preserved as a matter
of record.
We drafted this Notice, attached the Indenture and sent them to the Creator [SSA] for review to give the Creator legal and Administrative Notice that said indenture is accurate and existent.
If you find any
legal, or other, errors or omissions in, or related to, the attached SIMPLE
SOCIAL SECURITY TRUST [the Indenture], you must notify us with an on point
description of such errors or omissions in a timely manner [within thirty (30)
days of SSA’s receiving the indenture by mail], or forever admit the accuracy
of the Indenture in the Trusts creation as a matter of record. If you need additional time to respond you
must request the same in a timely manner or forever be barred from contest
under the maxim doctrine of Collateral Estopple.
If your office
is not the proper office to review this indenture you must forward it to the
proper administrator of the SSA and inform us of your forwarding action.
Thank you.
Sincerely,
Date: (enter the date when the SS# account was first created by the Social Security Administration)
TRUST AGREEMENT BETWEEN
(Creator) Name: Social Security Administration
Mailing location: c/o Office of Central Records Operations, 300 N. Greene St.,
City: Baltimore State: Maryland;
and
(Trust) Name: (enter the name of the trust, it is likely pronounced exactly like your own name but spelled with all capital letters)
Mailing location: (enter the mailing location you want to receive SS# mail at)
City: State: , Zip Code
(Trustee) Name: (enter your own name spelled in proper noun format)
The Creator hereby conveys, assigns, transfers, and delivers to the Trustee the Social Security Identification Card and any such other assets and/or property as now and in the future may be of interest to the Trust as a matter of right according to the “Social Security Act of 1935” [all relevant parts of which are made a part hereof by reference], the receipt of which the Trustee hereby acknowledges, to have and to hold the said assets and/or property, hereinafter called the Trust Estate, unto the Trustee in trust for the purposes and terms as set forth below.
Beneficiary: This Trust is established for the benefit of the Social Security Administration General Trust Fund, as defined in the “Social Security Act of 1935”.
INVESTMENT-MANAGEMENT: The Trustee, or its General Manager or assigns, shall store, invest and reinvest the Trust Estate in its discretion, without regard for any law prescribing or limiting the investment powers of fiduciaries, in any security, and not be limited to Contracts, Stocks, Commodities, Precious Metals, Mutual Funds, Real Estate, Bank CD’s and L/C’s, Warehouse and Elevator Receipts, Stamps, Waybills, Options, Commercial Paper, Accounts Receivable, Royalty and Limited Partnership Interests, Copyrights, Patents, Bequests Anticipated, etc.
PURCHASE AND SALE OF SECURITIES: Capital assets and securities may be purchased, even on the installment sales basis at the Trustee’s discretion. Commercial paper securities may be sold at any price, i.e., at, above or below cost at the sole discretion of the Trustee or its assigns. Investments may be hypothecated and loaned out, and monies etc. can be borrowed.
BANKING: Regular checking, saving, thrift and other saving accounts may be opened, maintained, and closed at the discretion of the Trustee or its assigns. The Trustee or its assigns may appoint third party bookkeepers to manage, deposit, and withdraw from said accounts.
FORMATION AND PROTECTION: This Trust is formed under English Common Law.
LEGAL STATUS AND VALIDITY: The validity of this Trust is existent and subject only to the courts of its Situs.
DONORS AND SELLERS: Anyone may donate assets to this Trust, and anyone may sell assets to the Trust. Sellers who have the right of first refusal under a Buy/Sell Agreement may exercise their rights at any time the Trust remains in operation or as long as the Trust’s Successor remains in operation.
DISTRIBUTION AND TERMINATION: The Trustee or its assigns shall hold in Trust for, or distribute, all net income to the Beneficiary, or on its behalf, for the duration of this agreement as are needful according to terms and conditions of the said “Social Security Act of 1935”. Any net income above and/or beyond that which is needful to support the terms of said Act may be distributed to A Reasonable Wage for the Trustee as need may arise. After its creation this Trust is irrevocable.
LAW SUITS: This Trust shall settle, compromise, pursue, and/or oppose law suits, fines, liens, levies, assessments, purported claims for debts, restrictions, libel, etc. by both public and private parties and agencies. The Trustee shall have full authority to speak for the Trust in all legal matters and places.
TAXES: The Trustee is to pay all properly due taxes and to file all properly due tax returns. This Trust shall be properly operated as a “Simple Trust” and distributes all net income to its legal Beneficiary.
TRUSTEE WAGES: The Trust shall pay the Trustee “A Reasonable Wage”, which is defined as: payment of all of Trustee’s expenses, including but not limited to, all living expenses. Trustee wages may additionally be provided as stated in the DISTRIBUTION AND TERMINATION section above.
OUTSIDE HELP AND ADVICE: The Trustee or its assigns may utilize outside consultants, brokers, agents, attorneys, accountants, appraisers, custodians, employees, independent contractors, and pay them compensation as the Trustee may deem advisable.
BONDS AND FEES: The Trustee or its assigns may transfer, assign, mortgage, apply and remove liens on property, perfect title, and furnish copies of bills of sale, deeds, trust indentures, corporate charters, resolutions, and such other legal paperwork as may be necessary to effect legal change of ownership of real estate property, etc.. Trustee may serve without Bond or Fees.
OWNERSHIP TITLE: Title to assets may be held in the name of this Trust, in the names of the Trustee or its assigns, in street name, or in bearer name. This Trust was created with a name that sounds exactly like the name of the person the Creator placed in the capacity of Trustee to facilitate its ability to acquire and hold assets. Any monies received by an agent-nominee for and on behalf of this Trust shall not be considered to have been constructively received by said agent-nominee, but shall accrue solely for the benefit and legal ownership of this Trust. Any ownership and/or possession of assets and/or property held for the Trust as described herein shall not constitute a common ownership interest unless such a common ownership interest is specifically described in the title documents for the acquisition or ownership of the assets and/or property so held.
SOCIAL SECURITY NUMBER: The Creator assigned an account number, commonly known as the “Social Security Number”, to identify donations from this Trust to the Social Security Administration General Trust Fund in accord with said “Social Security Act of 1935”. Where the names of the Trust and the person acting as Trustee are so similar as to sound identical and are only distinguishable by capitalization in spelling, the Social Security Number so assigned must be used to designate: tax payments, ownership and/or acquisition of assets, accounts and/or property held separately by the Trust.
TRUSTEE RESIGNATION OR DEPARTURE: Should the Trustee resign, cease to exist, or depart for any reason, the successor Trustee shall be as per schedule A of this agreement.
IRREVOCABLE: This Trust is irrevocable and cannot be changed, revoked, or terminated or even blocked by the Creator, Trustee, or Beneficiary. No other parties are legally associated.
IN WITNESS WHEREOF, said Creator and Trustee have hereunto set their respective hands and Seals.
Social Security Administration (print your name, with caps & lower case)
(CREATOR) [????] (TRUSTEE)
BY: Acts of issuing the SSA #(enter SS# here), BY: signature and acceptance
distributing the Social Security Identification Card,
and holding an open account under said SSA #.
Social Security Administration (sign here)
Creator __________________ Trustee______________________
Done now (enter todays date) and nunc pro tunc on the date of the Trust’s creation (enter the date the trust was created).