With that, was there a window of time where LT trustees were not required to disclose the identities of the beneficiaries to taxing authorities for transfer, property or even income tax purposes.
A: I'm not aware of any period of time when the IRS was ever prohibited from discovering anything about anyone, as long as they could be reached by U.S. law enforcement. If someone told you otherwise, then consider asking them to cite the legal authority for their contention. More than likely, you will hear crickets chirping in the forest.
I don't know what you're trying to accomplish from an asset protection strategy. But, when it comes to real estate, since you can't pick it up and take it with you, it's impossible to protect that asset or the discovery of its owners, from application of a court order, because ultimately, the court can start imposing sanctions against the party until they reveal themselves, and given enough sanctions the subject property could be forfeit.
Hope this helps.
Terms and Conditions: By your continuing in this conversation with me, or by your clicking “Accept”, you are expressly agreeing to all of the following: (1) our communication is for entertainment purposes only; (2) you are not consulting me in my professional capacity as an attorney (or, for the purpose of obtaining debt relief counseling under the U.S. Bankruptcy Code); (3) you do not seek to establish an attorney-client relationship with me, nor do I with you; (4) you will not rely on anything I say and you will obtain appropriate legal counsel via a traditional/office consultation with an attorney licensed to practice in the jurisdiction where your legal issue arises (and you may not use our communication to avoid taxpayer penalties imposed by the U.S. Dept. of Treasury); (5) by communicating with me in this public forum you are irrevocably waiving any right to privacy, confidentiality and attorney-client privilege concerning the matters discussed. You further separately declare that any payment made by you is not consideration for this contract, nor offered for any services rendered by me on your behalf, but rather is made in genuine admiration and respect for my desire to help others. If you do not agree with these terms and conditions, then you must advise me immediately.