In this episode, I speak with Dave, from Common Law Trust Solutions (CLTS), about what it means to operate in the private, the benefits of doing so, and some of the pitfalls involved. We also talk about the "secured party creditor" process, its legal underpinnings, the pros and cons of going that route. Mostly though, we discuss the common-law trust, why it is important, and how to use it. CLTS has been assisting those who want to operate in the private, to set up trusts to facilitate t...