No one owns it — it owns itself. That’s the whole point — to remove “ownership” (and therefore liability) from the individuals. And we’re not saying, “you don’t have to pay taxes”. We are saying the trust is nontaxable. And if you don’t own it, then of course even if you pay personal taxes on other income and assets, it is true that you would not be liable for income tax on the trust’s assets. Natural law trusts don’t have “income” as defined by tax agencies; they have “assets” and “increase”.