Welcome, everybody, and congratulations on investing in your financial freedom and private business knowledge. This course is all about helping you establish and operate your private merchant business with confidence, legality, and privacy. We’re diving into the world of Unincorporated Business Trusts (UBOTs) — powerful, flexible tools that allow you to manage assets, conduct business, and protect your privacy outside the typical corporate system. Unlike corporations or LLCs, UBOTs operate under common law, offering unique advantages like privacy of ownership, asset protection, and flexibility in business operations. Whether you’re looking to protect your assets, structure a new business venture, or keep your affairs private, this training will equip you with the knowledge and practical steps to get started. This course is designed to be practical and hands-on. By the time you’re finished, you’ll have real documents completed, ready for notarization, and you’ll know how to secure an EIN and prepare for banking and business operations.

Before we dive into the exciting details of setting up your Private Merchant Entity using a UBOT (Unincorporated Business Organization Trust), it’s critical that you begin by downloading the official documents provided in this lesson.

Let’s dive into what makes a UBOT so powerful and unique.

When you set up your Business Trust (UBOT), it’s crucial to understand the key people involved and how each role works.

This is the document that legally creates your UBOT and defines how it operates. Every word matters because this is your business’s founding contract and the core of your private merchant structure.

The final step in making your Declaration of Trust legally binding is to sign it in front of a notary public.

Declaration of Trust is signed and notarized, you’re ready for a crucial step: getting an EIN (Employer Identification Number).

Designating who will receive the benefits or assets held by the trust, either now or in the future.

A checklist of essential steps and precautions to ensure your trust is legally valid, properly structured, and ready for real-world use.

By completing these steps, you’ve laid the foundation for your private merchant setup.