Episode Transcript
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Speaker 1 (00:09):
Peace and love, peace
and love.
We've been moving and groovingAbout to go over some great
(00:36):
information.
I'm going to move quick.
Y'all got to tap into theschool Tapping with your boy,
don Kalon.
Well, prosperity is your divinebirthright.
Make sure you text PRIVATELIFEto 702-200-4900.
(00:57):
I'm about to roll up.
We smoking on gumbo today, withpeace and love.
(01:19):
I got some game for you.
I got some game for you.
If you don't know, don Kalamhas always released the game 100
.
Keep it real Just a lot ofy'all niggas ain't ready, a lot
of y'all not ready.
(01:42):
You gotta expand your thinking,expand your mind.
Don't be scared to dream big,and that's how you understand
this knowledge.
It starts with dreaming big andseeing yourself take giant
leaps, quantum leaps.
You have to be light yearsahead of people in order to
(02:06):
change the world.
You have to think differently.
When you know better, you dobetter.
So you gotta learn how to thinkdifferently in order to move
differently in the world.
You want something better, yougotta do something better.
You want something different,you gotta do something different
.
It's just that simple, simple.
I'm not licensed in Texas, butjust for educational,
(02:31):
informational purposes only.
I do got degrees, though, and Ialso got an honorary degree for
those who over and understandthat.
Make sure you hit like,subscribe, share, say yes, sir,
(03:01):
that mindset shift isnon-negotiable.
You have to think different.
Most people are operating inlife of something called a
public school mindset.
It's for the public.
When you understand the publicsector of the economy, you got
the public sector, the privatesector and the voluntary sector.
When you understand the publicsector, you understand and
(03:24):
overstand that's the part of theeconomy that the voluntary
sector.
When you understand the publicsector, you understand and
overstand that's the part of theeconomy that the government
controls.
It's just a product of thegovernment.
Let that sink in for a second.
A public school mindset, apublic education In order to get
a private education.
It does cost.
You have to invest in yourprosperity.
You have to invest in yourfuture generations to come.
(03:45):
Every great entrepreneur knowsif they want money, they have to
invest money.
You have to learn how to be ofservice to good and kind men.
God gave you all the tools touse for your prosperity and now
we have the resources right atour fingertips with the free
(04:08):
Wi-Fi and internet Wi-Fi is free, so there's no excuses of why
you're not tapping into yourprosperity If you don't have
this private knowledge, you mustpay for it.
It's called a private educationfor a reason.
Public education is free.
You get nothing.
That's a vice for nothing.
A lot of people don't enter andunderstand that your mom did
(04:32):
their job, your dad did theirjob.
That's your first teacher.
This stuff is handed down.
This knowledge is handed downthrough families, so if you're
not part of that family, thenyou need.
You got to pay or you got tolearn how to put in that work,
and that's just what it's about,and a lot of people don't
understand that.
Took years of making connections, divine connections, but it all
(04:56):
starts with learning yourhigher self, your higher power,
and learning your divine purpose.
You're here for a reason.
You have a contract with God.
What's your purpose?
Why are you here?
If you're here for a reason,you have a contract with God.
What's your purpose?
Why are you here if you're justrising up every day and not
knowing why you're here?
Something's off about that.
I don't even rock with peoplelike that.
You need to know your purpose.
When you have a direction, youknow where you're headed.
(05:18):
You know, or you're just outhere crashing out on a crash
course, and that's why we shouldhave a family trust.
Or you're just out herecrashing out on a crash course,
and that's why we should have afamily trust.
What's the purpose of the family?
What's the main objectives forthe family?
What's the goals for the family?
(05:40):
Just, not adding to your lifeis taking away.
Every real family knows thatyou got such a key number.
You derive from a royal family.
(06:00):
A lot of people don't understandthat.
A lot of people don'tunderstand that.
So a dynasty trust is a type oflong-term trust designed to
preserve wealth and transfer itacross multiple generations.
(06:21):
It allows families to create afinancial legacy that can endure
for many decades, often beyondtwo or three generations,
without being subject to thestate taxes at each generational
transfer.
So I'm just speaking a littlebit on dynasty trust.
We can speak a little bit on amega trust.
There's different types oftrust for different, let's say,
(06:45):
campaigns, so to speak.
What do you want this trust todo?
You know, what is it that youwant this trust to do?
We also deal with thenon-granted, irrevocable,
(07:17):
complex, discretionaryspendthrift trust under 643 of
the tax code Alright, irs taxcodes, which you must enter and
understand, but we're going tostay focused on this, this
dynasty trust.
(07:37):
Let me know in the comments haveyou ever heard of a dynasty
trust?
Yes, no, no.
Let me know if this is yourfirst time hearing of a dynasty
trust.
There's a reason why they saysuch and such dynasty.
I'm going to go over somedynasties today in this video so
(08:01):
you know that it's real.
People do have these dynastytrusts established.
It started off with yourancestors.
Truthfully, everybody gotancestors.
That was tied to royalty andthat's what you now understand.
That's how you tap into yourprosperity.
We got a yes, we got a no.
Dynasty trusts are oftenstructured to last for the
(08:21):
maximum duration permissibleunder local law, which can be
several hundred years in somejurisdictions.
Okay, several hundred years.
Dynasties, dynasty trusts, thesame thing.
These trusts can help minimizeestate taxes, gift taxes and
(08:45):
generational skipping, transfertaxes, allowing more wealth to
pass through to all itsdescendants.
By holding assets in a trust,the wealth can be protected from
creditors, divorces and otherpotential claims against
beneficiaries.
We don't ever like to use theword family.
(09:07):
Family is a house servant.
People don't understand that.
That's why they call you theson of John or stuff like that
Johnson the son of John or stufflike that Johnson the son of
John.
So you're from the Johnsonfamily.
That means you're a servant.
We use words like clan.
Dynasty is one of them.
I just don't want y'all to takemy word for it now.
(09:32):
Just don't take my word for it.
I'm teaching y'all something.
Let me know if this is new toyou.
Just the just just.
(10:19):
You know the word family trust.
I bring it in the public.
I talk about family trust.
I'll say family trust.
I'm going to teach y'all somegame right now.
So none of y'all's guru tellsy'all to use the word dynasty,
because dynasty is a powerfulword.
They've been telling us in rapsongs to use it.
That's all I'm saying.
So I want to know why it's newto you.
(10:46):
Dynasty A race or succession ofsovereigns from the same line of
family governing a country.
Dynasty You're all your owncountry.
Your family's your own country.
Your family's your owngovernment.
You should be paying this toyour own dynasty.
You're all your own country.
Your family's your own country.
Your family's your owngovernment.
You should be paying this toyour own dynasty.
I'll keep going.
Power, lordship, sovereignty,ruler, chief.
(11:11):
Have power.
I want y'all to look it up onyour own now.
Dynasty, now follow along.
(11:32):
A race, a succession ofsovereigns From the same line of
family, govern the country.
That's what it do.
Iphone 16, you hear me, get youone.
Get you one, put it under thebusiness, I'll teach you how to
do it.
Man, tap in, go to schoolcom.
Slash Don Kalam, s-k-o-o-l Dotcom.
Slash D-O-N-K-I-L-A-M.
(11:54):
That got me three iPhones.
Uh, don Kalam, s-k-o-o-l dotcom.
Slash D-O-N-K-I-L-A-M.
I got me three iPhones 16s, two, 15s.
Out here.
I still got 13 mini too.
I ain't ready to get away.
A diner is a ruler from a line,a lineage, a ruler, chief, lord,
(12:17):
master.
That's a dynast.
Never even knew that wordwithout the y.
Now.
Now I'm gonna go to family.
(12:38):
I want y'all to know we don'tuse that word family when you're
in the private.
You're not gonna use the wordfamily, servants of a household.
I'm going to tell y'all right,motherfucking, now we don't use
(13:01):
the word family.
I'm banging this to the publicright now.
What you know?
Servants of a household.
I'm running countries, nothouseholds.
You understand, we're servants,you're a servant, a slave.
Let me know, drop a 100 fireemoji right now if that stuff's
(13:23):
making sense to you.
So when we speak of family trust, I'm going to show you how to
create a true dynasty.
Okay, and that's what I meanwhen I say it.
Now, amish are part of adynasty.
(13:43):
Okay, their intellectual assetsare protected, their images,
the name is protected.
You can't tarnish the name byholding assets in this dynasty.
The wealth can be protectedfrom creditors, divorces and
other potential claims againstbeneficiaries.
(14:04):
The trust can specify detailedinstructions regarding how the
assets should be managed,invested and distributed among
beneficiaries, allowing thegrantor to exert control over
family wealth beyond a lifetimeand create your own family
governance.
Yes, this is not Duck Dynasty,this is the Dynasty.
(14:29):
This is the Rock.
You feel me, the Rock?
Trustees can be appointed toprofessionally manage the trust
assets and ensure compliancewith its terms and governance.
Now, when it comes to yourdynasty not family, family of
(14:53):
servants, family of slavesYou're a slave of an estate.
That's what family means.
You're a slave to it.
You can never manage it.
You're a slave to it.
(15:13):
So, with a dynasty, this keepsthe wealth within the family,
ensuring that the financialbenefits can be enjoyed by
multiple generations.
It provides a stable financialfoundation for future
generations, supportingeducational pursuits,
(15:34):
entrepreneurship or otherinterests in line with the
family's values.
So it can create familybusinesses for you, it can pay
for education, and this will allbe considered a tax deductible
or a tax credit, depending onhow you do it.
So it pays to send you to thebest private schools.
You're going to get paid.
(15:54):
This is how the governance isset up the government.
When you're establishedcorrectly you got to understand
you get all this.
You get all these tax credits,you get all these deductibles.
You get a tax credit for thefamily dynasty, for investing in
education, for having a familycar, a family vehicle, for
(16:16):
having a family office, a familybusiness.
These are the things you got tounderstand.
Avoidance of probate Assetswithin the dynasty bypass the
probate's process, which canspeed up distribution and
maintain privacy.
It offers a layer of financialsecurity for family members,
particularly in times ofeconomic uncertainty.
(16:38):
Yes, the list of royal andnoble families historically
known to use this dynasty, thisdynasty financial mechanism, to
safeguard their wealth andinfluence across generations.
The Windsor family of theUnited Kingdom, known for
strategically managing assetsthrough various dynasties,
(17:01):
ensuring the continuality ofwealth and property within the
family.
This includes the crown, estateand private assets distributed
among family members.
The House of Rothschild theHouse of Rothschild European
nobility.
Although not a royal family,the Rothschilds have long been
(17:24):
associated with wealth andinfluence, using this
sophisticated dynasty financialinstrument, like trusts, to
protect and grow their financialempire across generations.
The Grimaldi family in Monacofamily in Monaco has managed
their assets through thisdynasty trust, ensuring that
their financial independence andprincipality economic stability
(17:47):
are preserved over time.
The House of Bourbon this is inSpain.
In previous kingdoms, thisfamily has historically
maintained their wealth throughthe dynasty trust and similar
means, protecting theirinterests despite political
changes and upheavals.
Yes, I'm dropping game I got.
Despite political changes andupheavals.
Yes, I'm dropping game.
I got the same trust thesepeople are using.
(18:09):
This is how I'm operating, okay.
The House of Hasburg it's anAustrian Empire, and Holy Roman
Empire Historically used variousdynasty financial strategies to
safeguard their expansivewealth and influence across
(18:31):
Europe, including the dynastytrust arrangement.
The House of Medici in Florenceit says they used a dynasty
(18:55):
trust, but they employed earlierforms of financial management.
To, it says, and influenceremained intact within their
realms and beyond.
Trusts facilitatedstrategically planning and
succession, crucial for thepreservation of wealth, power
and influence over long periods.
So I use this type of trust,along with my 508C1A trust,
(19:24):
along with creating endowmentsfor my family library.
Okay, and then I use in thepublic.
I do use llcs as passiveentities.
But if you want that funding,you're going to want to get it
through a living trust or acorporation.
Those are the best ways to getthe most funding for your family
.
All right, when you're lookingfor families.
(19:45):
Or you just do the nonprofitroute with the 508C1A.
You set it up in the public itlooks like a 501C3.
And then you get grants andfunding of that nature.
If that's the route you want togo, that's the game right there.
That's a million dollars worthof game.
I got these trusts on deck too.
So, just so y'all don't think Ithere.
That's a million dollars worthof game.
I got these trusts on deck too.
(20:05):
So, just so y'all don't thinkI'm bullshitting, see this on
the 13.
I'll show y'all, though.
I'll show y'all though.
So this drops all the game andthe dynasty trust cause with
(20:37):
instructions and everything it'sgonna drop game looks like
y'all see it.
That's a sneak peek for y'all.
How about your boy now?
So what else these could becalled is a perpetual megatrust.
(21:04):
All right, I also use perpetualmegatrust along with these
90-seat truss, and it's a lot.
It's really a lot.
It's a lot to go over.
I couldn't go over everythingtoday if I wanted to, but it has
13 articles.
All right, if you know anythingabout the trust.
(21:31):
Article 1 is dropping down thedivisions.
Article 2 is dropping down theshares.
Article 3 is breaking down allthe beneficiaries and the power
of the beneficiaries.
Article 4 is alternatives, ifthere are some errors going on.
Article 5 is the powers of thetrustee.
Article 6 is the provisions ofthe trustee.
(21:54):
Article 7 is who are thebeneficiaries to the trustees,
if there's beneficiaries to thetrustees.
Article 8 is governing laws andtrust situs.
Articles 9 oh, that was article8.
Article 9 is termination ofgranite trust status.
(22:16):
It's a mcconnell granite.
Article 10 is a spin throughprecision provision.
Article 11 is making the trustirrevocable.
So Article 12 is going to bethe definitions of child and
descendant spouse and stir pass.
(22:37):
Now Article 13 is miscellaneousprovisions and that's a lot.
So I'm not going to go throughall that today.
That's public information.
I don't want to go over privateinformation.
I'm just letting you know I gotthis shit.
(22:58):
Yeah, I've been using this towork together.
There's a difference betweenprivate banking and public
banking.
Simple as that.
You got to learn how to handdown assets to future
generations without thegovernment being able to
interfere.
It's simple as that.
(23:21):
I got trustee, I got trusteetraded.
Trustee BD's coming up.
Let me see, I got trustee.
I got trustee traded, trusteemeetings covered up within.
Let me see, tap into the school.
Know how to become a trustee.
I'm running behind on the trustbecause I've been really busy.
But April 11th I got.
April 11th, I got thenon-grantor, irrevocable,
(23:44):
complex, discretionary spentthrough trustee meetings for
everybody.
That's a trustee.
And we're back on track gettingthe trademarks done for
everybody and getting the trustout.
So that's what we're doinggoing into April and May.
But with that I'm out.
Much peace and love.
Tap in Text PRIVATELY to702-249-100.
(24:04):
Tap in Text PRIVATELIGHT to702-249-100.
Again, text PRIVATELIGHT to702-249-100.
I just dropped a bunch of gamefor y'all today.
Y'all want to learn more?
Go to schoolcom.
Slash Don Columbus, s-k-o-o-l.
Dot com slash D-O-N-K-I-L-A-M.