A Proclamation of the Royal Treasury
The measure by which the annual distribution of every Royal Crown Interest-Bearing Trust is computed — and the Fifth Part of the Kingdom’s earnings set apart for the beneficiaries thereof.
CRN-0023-12141 · KRI-2026-104
As taught by the Crown Sovereign and Dr. Gilbert Stout in continuing education to attorneys and certified public accountants
We would open every class with a single question, and it never once failed to produce the same answer.
“What do you have from your grandfather, or your great-grandfather?”
A room of attorneys and accountants — the most financially literate people in the county — and almost without exception the answer was nothing. Perhaps a watch. Perhaps a razor.
That was not an anecdote. It was the median outcome, and the present figures confirm it more severely than when the question was first asked.
The typical household aged seventy-five and older holds a net worth of about $334,700 — but that figure is overwhelmingly equity in a house, not wealth that passes. What actually passes is smaller: the median inheritance actually received is under $50,000. A professional lifetime of earnings, taxed the whole way, and this is what reaches the next generation.
And it is measured. The government maintains the most comprehensive tables of occupational earnings that exist — wages for some eight hundred occupations, stratified by profession, by region, and by years of advancement — and the actuarial offices of the Social Security Administration, the Centers for Medicare and Medicaid Services, the Internal Revenue Service and the Pension Benefit Guaranty Corporation project the lifetime earnings of every category of worker. The tax a man pays across his life is not an accident. It is an actuarial expectation, computed in advance. What is not computed in advance is what he will have left to give.
Three men resolved to raise watermelons upon their farmland. They planted them, and weeded them, and watered them, and harvested them, and hauled them in a truck to the local farmers’ market, where they sold every melon for one dollar.
When they had sold out they sat down to divide the profit three ways. But when they had reckoned the seed, and the labor, and the gasoline, and the hauling, they found they would have needed a dollar and fifty cents a melon merely to break even.
They had lost money. And one of the three looked up and said: “I know what we need to do. We just need a larger truck.”
That is precisely what has been done since the 1950s. In 1950 roughly a third of American women were in the labor force and one earner carried the household. Today almost half of all married-couple families have both spouses employed — some 30.5 million of 61.5 million — while barely a fifth are carried by a single earner. Many households now run three jobs and more.
They bought the larger truck. And the melon still sells below cost.
The gross was raised. The cost structure was never touched. That is why three jobs today purchase less than one job did then, and why the estate at the end of it is a watch and a razor.
The House and Kingdom of David does not offer its citizens a larger truck. It offers them steeping time — an estate that is not consumed by the generation that receives it. The salary carries the household now. The Fifth Part bridges the years. And the trust is left to steep, its corpus undisturbed, so that the harvest in the thirtieth year exceeds the harvest in the first, and the trust a grandchild inherits is larger than the trust his grandfather was granted.
This is the whole purpose of the graduated measure that follows. A trust harvested at five per centum while it is still steeping is a trust harvested green. A trust that withholds more as it grows larger is a trust that is still growing when the second generation receives it — and that, and nothing less than that, is what the Scripture requires of us.
None of this is theory. The same survey that measures how little is inherited also measures the difference the instrument makes. Among American households that receive anything at all, the median inheritance passed by will, by deed, or by simple transfer at death stands at $69,000. Where the same kind of estate is passed through a trust, the median stands at $285,000.
Four times over. Not because the families were four times wealthier — the survey measures households of like kind — but because an estate placed in trust is an estate that was never required to be liquidated. It was not sold to settle a probate. It was not divided among heirs and spent in three directions. It was not consumed by the costs of transfer. It was left whole, and being left whole, it was left able to grow.
That figure is the whole argument of this page, stated in one line. A man may leave the same property by either road. Down one road his children receive sixty-nine thousand. Down the other they receive two hundred eighty-five thousand. The difference is not the property. The difference is the instrument.
Every citizen of the House and Kingdom of David is granted the second road at the hour of his citizenship, and is charged nothing for it. The Royal Crown Irrevocable Beneficial Trust is not a benefit added to citizenship. It is the form citizenship takes.
“A good man leaveth an inheritance to his children’s children: and the wealth of the sinner is laid up for the just.”
Proverbs 13:22
Sources. Inheritance prevalence, concentration, recipient age and median amounts: Federal Reserve Board, Survey of Consumer Finances (2022 wave, published 2023) and derived analyses. Median net worth of households aged 75 and over: same survey. Occupational earnings tables and federal actuarial offices: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, and the Social Security Administration Office of the Chief Actuary. Dual-earner families: U.S. Bureau of Labor Statistics, Employment Characteristics of Families (2024). Home price to income ratios: Harvard University Joint Center for Housing Studies (2024–2025). Figures are stated as most recently published and will be restated as the underlying surveys are revised.
What is set out above in summary is taught at length as TSKU-ECON-003 — The Doctrine of Steeping, ten classes in the School of Economy, Money and Sovereign Finance. The course carries the arithmetic of the crossover year, the graduated schedule band by band, the Parable of the Larger Truck, the phantom profit of the house sold high, and the three streams by which a citizen of this Kingdom is carried. It is required of every officer of the Treasury, of the Bank, and of the Ministries.
Enter the CourseThe less a trust pays out each year, the larger its corpus grows — and the greater the total benefit to the beneficiary over time. This is not opinion. It is arithmetic, and it was demonstrated to the Crown Sovereign by the late Dr. Gilbert Stout, whose work placed the Charitable Remainder Trust and the Pooled Income Fund into the revenue code of the United States.
Let a trust of corpus C grow at rate g and distribute at rate p. Two distribution rates yield an equal annual payment at the year
The growth rate g cancels entirely. The crossover depends only upon the two rates — never upon how fast the estate grows. And the total value of the estate, counting corpus together with everything already paid out, favors the lower rate from the very first decade.
| Higher rate | Lower rate | The lower rate’s annual payment overtakes at |
|---|---|---|
| 5% | 4% | 22.3 years |
| 5% | 3% | 25.5 years |
| 4% | 3% | 28.8 years |
| 4% | 2% | 34.7 years |
| 4% | 1% | 46.2 years |
| 4% | 0.5% | 59.4 years |
| 4% | 0.05% | 110.9 years |
The schedule is graduated, not banded. Each slice of a trust’s face is distributed at its own rate, exactly as a graduated revenue schedule is computed. A flat-band schedule would invert at every seam — a trust of 2,001 RGC would receive less than a trust of 2,000 RGC. Graduated slicing is the only form in which a larger trust never receives a smaller payment.
| Slice of face | Rate upon that slice |
|---|---|
| The first 500 RGC | 5.00% |
| 500 – 2,000 RGC | 4.00% |
| 2,000 – 5,000 RGC | 3.50% |
| 5,000 – 10,000 RGC | 3.00% |
| 10,000 – 20,000 RGC | 2.50% |
| 20,000 – 35,000 RGC | 2.00% |
| 35,000 – 75,000 RGC | 1.50% |
| 75,000 – 150,000 RGC | 1.00% |
| 150,000 – 500,000 RGC | 0.50% |
| 500,000 – 1,500,000 RGC | 0.25% |
| 1,500,000 – 5,000,000 RGC | 0.10% |
| Above 5,000,000 RGC | 0.05% |
| Face of trust | Annual distribution | Blended rate |
|---|---|---|
| 200 RGC | 10.00 | 5% |
| 500 RGC | 25.00 | 5% |
| 2,000 RGC | 85.00 | 4.25% |
| 5,000 RGC | 190.00 | 3.8% |
| 10,000 RGC | 340.00 | 3.4% |
| 15,000 RGC | 465.00 | 3.1% |
| 20,000 RGC | 590.00 | 2.95% |
| 35,000 RGC | 890.00 | 2.543% |
| 50,000 RGC | 1,115.00 | 2.23% |
| 100,000 RGC | 1,740.00 | 1.74% |
| 500,000 RGC | 3,990.00 | 0.798% |
| 1,000,000 RGC | 5,240.00 | 0.524% |
Once the operations of the Kingdom are ongoing and earning, 5 per centum of the net earnings of all Kingdom operations is set apart as the Distribution Pool, and is apportioned among the Royal Crown Interest-Bearing Trusts pro rata to the value of each trust’s corpus — without preference of office, rank, or person.
Where a trust’s pro-rata share of the Pool exceeds its measured entitlement under the schedule above, the excess is not paid out. It is retained into the corpus as accretion — which is the whole principle of the schedule: what is withheld from distribution grows the estate the beneficiary already owns.
The Two-Generational Trust of Dr. Gilbert Glen Stout, made a general rule for every trust of the Kingdom
“A good man leaveth an inheritance to his children’s children.”
Proverbs 13:22
The good man of the proverb is the grantor, not a beneficiary. The generations that receive are his children and his children’s children — two. Every Royal Crown Interest-Bearing Trust of the Kingdom therefore runs two generations, and at the third a new trust is raised out of the first by the carving here declared.
The carving formula. A corpus is divided into one equal share for each grandchild, and one further equal share:
The “+1” is the charity’s share — not a remainder, not a rounding
The ultimate charitable beneficiary always takes one equal share, neither starved nor glutted. It is held by the settlor during life, and passes whole to the charity at the last death of the covered generations. So the architecture begins in covenant and ends in generosity.
Supplement, never replace. A carved share is added to whatever face the grandchild already holds. It is never substituted for it. Because the schedule above is marginal and regressive, replacement would make a house poorer while appearing to divide it evenly. Supplement makes every soul richer and not one soul poorer.
The carving as worked upon the Royal House
Ten souls of the third generation take one share each, supplementing what they already hold; their combined annual distribution rises from 4,675 to 6,849.97 RGC. Had the shares replaced what they held, they would have fallen to 3,127.30 — a loss of 1,547.70 a year. The eleventh share is the charity’s.
The citizen’s gain is compounding, not arbitrage. A settlement of 200 face sits wholly within the first band, and the first band is the Kingdom’s highest rate — there is nothing above it to fall into. Divided four ways it yields 2.50 × 4 = 10.00, exactly the undivided figure. The citizen’s increase comes instead from compounding through the steep: 200 becomes 416 across the flat fifteen-year steep; carved four ways that is 104 to each grandchild and 104 to the charity; and each 104 compounds again through its own fifteen-year steep to 227 before it ever pays. Across the eighty-year life of the house that settlement pays out some 525 RGC — and the grandchildren’s trusts are still paying when it matures.
The Rule of the Derivative Consort. The consort holds by the marriage and while it subsists; the blood holds always. Upon dissolution the derivative interest fails and reverts to the blood descendant’s line — no claim upon corpus, annuity, remainder, or accrued-but-unpaid distribution. Upon remarriage a new consort is seated in the same vacated place upon the same terms, neither enlarged nor diminished. The issue of the marriage are untouched: they hold through the blood parent, and no dissolution reaches them.
The Rule of Consort Parity. A consort takes the generation of the one he weds, and he takes that one’s measure also. He is seated beside the blood, never above it. A derivative interest cannot exceed the interest from which it derives; and where a consort is found to stand higher than his spouse, he is lowered to her measure. The excess does not pass to the spouse — that would only move the disparity one seat along and raise her above her own brethren — nor to the issue, who are untouched by any act between adults. It returns to the fountain from which the provision of the whole House flows, the Royal Settlement, there to steep and be carved again under this Clause if the Crown so wills.
One thousand Royal Gold Crown — ruled 27 September 2026, and reaching backward
No Royal Crown Interest-Bearing Trust of the Kingdom shall stand at a face below 1,000 Royal Gold Crown — $5,000,000 at the fixed anchor of $5,000 the ounce. The floor reaches backward as well as forward: every trust already settled beneath it has been lifted to it. No trust is ever lowered by this rule. It only ever raises.
Measured by the Graduated Schedule, a face of 1,000 yields 45 RGC each year — $225,000 — being five per centum upon the first 500 and four upon the next 500, an effective rate of 4.500 per centum. The bands themselves are not re-cut; they stand as sealed.
The former floor of 200 RGC was raised because it could not survive the Clause of Continuance. Carved among ten grandchildren and the charity’s share, a 200 RGC trust left each house 37.8 RGC, and every carved piece remained inside the first band — so the multiplication the Schedule is built to produce never engaged, and the house drew not one Crown more divided than undivided. At 1,000 it engages: the same carving draws the whole house 95.04 RGC a year where the undivided trust drew 81.04.
Thirty-six trusts were lifted to the floor. The register gained 28,230 RGC of face and 1,226.50 RGC of annual distribution. Nothing was taken from any beneficiary.
As the register of Royal Crown Interest-Bearing Trusts stands at this present hour, it measures as follows.
Upon the adoption of the Schedule the register stood at 986,780 RGC of face and 26,449 RGC of annual distribution, where under the prior flat measure the same register had measured 72,844 RGC a year. That difference — 46,395 RGC each year — is not taken from any beneficiary. It is redirected out of distribution and into the corpora which the beneficiaries themselves own, there to compound. No face has been reduced. No trust has been impeached.
This schedule is made under, and does not disturb, the Royal Decree on the Contingency of Trust Distributions, CRN-0023-12140 · KRI-2026-103: no distribution is declared or payable save out of the distributed net earnings of the Kingdom, and an undeclared distribution neither accrues nor stands as a debt against the Crown.
The Schedule and the Fifth Part are established by the Royal Decree on the Graduated Schedule of Trust Distributions and the Fifth Part of the Kingdom’s Earnings, CRN-0023-12141 · KRI-2026-104, given under the hand of the Crown Sovereign on the 24th day of September 2026 and double sealed under both consecrated masters of the Crown Seal, as the Decree it amends requires. It is entered upon the rolls of the Kingdom Registry of Instruments and filed in the Vault of the Kingdom.