On the Possible Need for a Trust at Your Zim Exchange
October 9, 2025
By Steve Beckow
Later: I just called a lawyer in my vicinity and he said that the consult prior to drawing up a trust would be $500. I nearly gagged. I’ll have to wait for the Zim exchange and follow their instructions. I refuse to pay $500 an hour for a lawyer and not walk away with the trust documents in hand.
I have an email from “Fran” on the possible need to set up a Trust before going to your Zim exchange appointment.
When would it be necessary? If you plan to present yourself as a humanitarian philanthropist, as I do, to get the “contract” or humanitarian rates, which are higher than the normal rates, it’s very advisable to go to your appointment already having arranged with a lawyer to set up a legal trust into which the funds can be deposited.
This applies IF you plan to identify yourself as having humanitarian projects (and get the higher rates).
I have to say that, while I’m forwarding Fran’s message, I have no basis to act as a financial consultant. Starting out I’m as green as anyone else and have no background in finance to draw on.
I’m also a Canadian and have no knowledge of American law.
AND I’ll be under a Non-Disclosure Agreement. So I’ll be staying away from financial discussions for 95 days after I reval. And hiring commentators after that to inform us all on financial matters.
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I’m chuckling because the blog will look like a horse-and-buggy operation then. But the information contained herein, I think, will likely be studied by people in far-off civilizations, in future Ascensions of our type.
On the Need to Set Up a Trust Before Having Your Zim Appointment
This only applies to those who have committed to humanitarian philanthropy rather than only personal projects.
“Many Zim holders don’t have a structure set up to receive the Zim funds (LLC, SCorp, Ccorp, DBA, blah blah blah). Without the structure, their humanitarian funds will sit in bank purgatory.
“This only applies to those who have committed to help humanity.
“The others only need a personal bank account with no DBA [Doing Business As], etc.
“Those aligned [with the humanitarian purposes of the Reval] do not need Michael Cottrell to enter his codes to receive funds. Our funds come from a Global Humanitarian Trust that is ever so slowly releasing now as to not cause attention or ruffle the global markets.
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“Wells Fargo – PNC, etc., are a few of the banks assisting with the 1st wave.
“You probably know all this but my reason for this email is the panic that will happen when Zim holders find out they WILL NEED A STRUCTURE.
“Can you share to those you know?”
Source: Golden Age of Gaia
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