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In this tutorial, Professor Brett Davies explains the concept of a declaration of trust, enabling individuals to purchase assets discreetly, without the vendor knowing their identity. This method is particularly useful in situations where a buyer wants to remain private, such as when purchasing a prized item, like a 1986 Corvette Stingray. The buyer might wish to send a trusted individual, like a friend named Robert, to make the purchase. However, to maintain ownership control, the declaration of trust allows the asset to be bought in a way that ensures the buyer retains ultimate ownership, despite using someone else for the transaction.
