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Common Law Trust vs. Statutory Trust: Understanding the "Private Jurisdiction"

Recent studies show that over 67% of Americans lack a comprehensive asset-protection plan, and more than $1.3 trillion in wealth enters probate courts every year due to statutory trust limitations and improper planning (source: National Center for State Courts). At the same time, private trust formation has grown by 32% in the last five years, reflecting a major shift toward structures that offer autonomy, privacy, and multigenerational control.

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