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Professor Brett Davies, a barrister and solicitor at Legal Consolidated, introduces the concept of a declaration of trust as a way to secretly purchase assets without the vendor knowing your identity. This allows for private acquisitions without incurring ownership responsibilities. For example, you may want to buy a car like a Corvette Stingray but don't want to be the direct purchaser. Instead, you can send a trustee, such as a trusted friend, to make the purchase on your behalf, ensuring anonymity in the transaction.
