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Professor Bretts Davies explains the importance of building a declaration of trust before purchasing an asset, allowing you to secretly purchase it without the vendor knowing your identity. This can be useful in private matters such as buying a car, like a Corvette Stingray 1986, where you may need someone else to make the purchase but do not want them to own it. By using a trustee, like your best mate Robert, you can ensure that the asset is secretly purchased without revealing your identity.
