According to American law, the government cannot regulate or impose a tax upon a right. Our right to contract, according to the U.S. Constitution, Article 10, is unimpartable. This means that it is beyond the rights or powers of the government, even for a judge or court, to change even one word of a Contract of Trust. Once the trust is funded and active, and the first property or asset is transferred into the Spendthrift Trust, it is subject to its own indenture, which governs and protects all properties or assets held by it. Also, assets conveyed into trusts are not gifts, and may not be considered as such because there is no equitable title conveyed to any person or entity. All assets are technically held in the corpus for the benefit of the beneficiaries. As we mentioned before, they may hold a beneficial interest but no title to the assets.