Why the Rich Use Private Trusts Instead of Banks W/ Shanna Faye
From accountant to private trust architect — Shanna Faye breaks down how she uses trusts, offshore structuring, and crypto privacy tools to help people become the steward, not the extractor, of their own wealth.Shanna combines 30+ years in accounting, business consulting, and portfolio management with a naturopathic doctorate in alternative healing.In this episode she and Oto go deep on private trusts, ownership vs. stewardship, tax avoidance vs. evasion, crypto privacy strategies, and why she believes health and wealth are the same conversation.04:55 — Private trust vs. statutory trust: how Shanna found the difference11:55 — Ownership vs. stewardship, explained16:55 — Is there a one-size-fits-all trust structure?17:55 — Panama Foundation vs. corporation: structuring compared19:55 — Palau ID, alternate residencies & citizenship options24:55 — Crypto + trusts: cold wallets, Rocket Exchange, Panama27:55 — Tax avoidance vs. evasion — the real difference29:55 — The 1031 like-kind exchange loophole for crypto31:55 — The CBDC/FISA 702 bill nobody's talking about34:55 — Staying liquid in an uncertain system36:55 — Is AI good or bad? Shanna's honest take40:55 — Why there's no wealth without health44:55 — Community, tribes, and the toroidal field47:55 — Catherine Austin Fitts: "relationships are the future currency"48:55 — What the future monetary system could look like51:55 — Arcium: the encryption layer working with Solana53:55 — Shanna's services, strategy sessions & offers56:55 — Join the Friday Lives / Free Academy57:55 — Final message: you're responsible for your life🔑 Key TakeawaysShanna's path into private trusts started almost by accident — she was CFO on a startup development project when she met someone deep in private trust structuring and got hooked. What began as a professional curiosity turned into a full second career, one she now runs alongside her naturopathic practice. She sees finance and healing as inseparable, since most people's relationship to money traces straight back to how they felt loved — or not — growing up.The ownership vs. stewardship conversation is one of the episode's core threads. Oto frames pure ownership as an indoctrinated, extractive mindset — "this is mine" — while stewardship carries responsibility toward a wider community.Shanna pushes back gently, noting there's nothing wrong with knowing what you own; the real red flag is entitlement and scarcity thinking underneath it. Together they land on a "win-win-win" framework — win for yourself, win for the other party, win for the planet.On the practical side, Shanna walks through real options for structuring around a shifting financial system — Panama Foundations, Palau residency IDs, cold wallets held in trust, and private exchanges like Rocket Exchange. She's careful to draw a hard line between tax evasion (fraud) and tax avoidance (legally operating in the negative space of the tax code), and explains how a 1031 like-kind exchange may apply to crypto through the "fixture" clause tied to real property.Midway through, the conversation takes a sharper turn into current events — the 702 FISA bill, the quiet reappearance of CBDC language buried in legislative fine print, and what that means for anyone trying to "stay liquid."Shanna's read on AI is nuanced rather than alarmist: the technology itself is neutral, and the real question is always about intention — is it deployed in service of people, or to control them.The back half shifts into health and community. Shanna argues that an unhealthy nervous system makes it harder to create and easier to become dependent — but she's careful to note it's not always a personal failing, since community is supposed to carry people through illness. She closes with a callback to Catherine Austin Fitts' line that "the currency of the future is going to be relationships," tying the whole episode's threads — trusts, crypto, health, community — back into one idea: stewardship over extraction.📎 Show Notes & LinksShanna Faye's website:https://shannafaye.comObtaining crypto privately:RocketX (Private Exchange for Crypto) — https://www.rocketx.exchange/Bisq — https://bisq.network/Encryption service — Arcium:https://x.com/yrschradehttps://x.com/Arciumhttps://www.arcium.com/
