_________________ “The Democrats are playing you for a political chump and if you vote for them, not only are you a chump, you are a traitor to your race.”-Malcolm X
Thu Oct 15, 2020 7:09 pm
Traut
Site Supporter
Location: Downtown Newcastle Joined: Sat Mar 5, 2016 Posts: 3450
Real Name: Traut
_________________ I always thought growing old would take a lot longer.....
So, when does that "Old enough to know better" shit kick in??? I've learned that pleasing everyone is impossible, but pissing everyone off is a piece of cake.
Thu Oct 15, 2020 9:50 pm
WaJim
In Memoriam
Location: Tacoma Wa Joined: Tue Oct 8, 2013 Posts: 16607
Real Name: George Bailey
I'm really fucking pissed about this . . . but I just renewed my delinquent tabs. What the hell, I didn't really need that $463 anyhow.
Tim Eyman is encouraging people to continue refusing to renew. But personally, I don't see much of a path forward here, and I feel like it's time to write it off as a loss.
The best way to do this is just register out of state and get out of state plates, if the revenue doesnt come in and people all wonder why there's more out of state cars than in state cars they might just figure it out that we are tired of their BS. It's a good passive way to openly revolt against our overlords.
Last edited by Ace on Fri Oct 16, 2020 4:33 pm, edited 1 time in total.
Fri Oct 16, 2020 3:31 pm
TechnoWeenie
Site Supporter
Location: Nova Laboratories Joined: Tue Oct 25, 2011 Posts: 18474
Real Name: Johnny 5
You can create a legal entity, such as a trust, and place your vehicles in that trust, in any state (providing you follow the laws of that state). As long as your sole intent isn't to evade taxes, you're good. 'Why is your car not registered in WA?' - Because it's not mine, it belongs to the estate, which is based in X. 'You're just trying to avoid paying taxes'... Umm no, estate planning is a valid function of the Trust.
Just make sure your trust is listed on your insurance as a financial interest, so the money, in the event of the vehicle gets totalled, can be used to buy another vehicle for the trust.
Contact an attorney for details.
_________________ NO DISASSEMBLE!
Thomas Paine wrote:
"He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself."
Fri Oct 16, 2020 4:16 pm
Gman
Site Supporter
Location: Unincorporated Rural Pierce County Joined: Mon Feb 24, 2020 Posts: 1804
My trust attorney instructed me to not put vehicles in the trust. Vehicles are liabilities.
YMMV.
That's why you have to talk to an attorney, because not everyone has the same situation.
Generally, you're correct. You don't want a car in a trust with everything else.
The issue with a vehicle in a trust, is if you get into an accident, or found negligent, they can attack the assets of the trust.
There's no law saying you can't have multiple trusts, and no law saying you can't only have one thing in that trust. So, if the vehicle is in a trust by itself, then they can't attack other assets.
Kinda like owning 2 companies. If my roofing company burns down a house, they can't sue my Landscaping company. It's a completely different legal entity.
Even more fun, is, at least in WA, you can name your trust whatever you want, and that's what goes on your registration/title.
So, as an example, let's say you restore a military vehicle that you plan to pass to your brother when you die.... You wanna track your expenditures, so you transfer any items you purchase to the trust. You get it all pretty, complete with unit markings for the unit he was in, something he can cherish. The trust is the name of the unit that he was in, and the vehicle is also transferred to that trust. So, everything associated with that vehicle is drawn out on paper as far as cost and whatnot, and you get an added benefit of your registration showing as, say 501st Military Intelligence Brigade, when anyone runs your plate..
_________________ NO DISASSEMBLE!
Thomas Paine wrote:
"He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself."
Fri Oct 16, 2020 5:40 pm
mustangfreek
Site Supporter
Location: Lk stevens area Joined: Sun Aug 19, 2012 Posts: 1919
Real Name: Jason
My trust attorney instructed me to not put vehicles in the trust. Vehicles are liabilities.
YMMV.
That's why you have to talk to an attorney, because not everyone has the same situation.
Generally, you're correct. You don't want a car in a trust with everything else.
The issue with a vehicle in a trust, is if you get into an accident, or found negligent, they can attack the assets of the trust.
There's no law saying you can't have multiple trusts, and no law saying you can't only have one thing in that trust. So, if the vehicle is in a trust by itself, then they can't attack other assets.
Kinda like owning 2 companies. If my roofing company burns down a house, they can't sue my Landscaping company. It's a completely different legal entity.
Even more fun, is, at least in WA, you can name your trust whatever you want, and that's what goes on your registration/title.
So, as an example, let's say you restore a military vehicle that you plan to pass to your brother when you die.... You wanna track your expenditures, so you transfer any items you purchase to the trust. You get it all pretty, complete with unit markings for the unit he was in, something he can cherish. The trust is the name of the unit that he was in, and the vehicle is also transferred to that trust. So, everything associated with that vehicle is drawn out on paper as far as cost and whatnot, and you get an added benefit of your registration showing as, say 501st Military Intelligence Brigade, when anyone runs your plate..
I'll keep this in mind when I hit a jackpot.
_________________ FPC member GOA member Corruptissima re publica plurimae leges.
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