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Creditor vs Debtor – The Art of Commerce
Debtor vs Creditor. In the intricate world of commerce, one must navigate the delicate balance...
Appling equitable maxims to trust cases.
Let us look at the following scenarios. In each case, consider which legal maxims you think would...
Creditor vs Debtor – The Art of Commerce
Debtor vs Creditor. In the intricate world of commerce, one must navigate the delicate balance between being a creditor and a debtor. While both roles are integral to the functioning of the economic system, it is the creditor who holds the key to true financial...
Appling equitable maxims to trust cases.
Let us look at the following scenarios. In each case, consider which legal maxims you think would apply. We will also provide an adequate rationale. Scenario one. Mark deceitfully transfers ownership of his house to his brother, Zack, with the intention of helping...
How Trusts can affect family daily life
Trust Can Affect Daily Life. Here are some different types of trusts that can affect daily life or family: 1. Living Trust: This type of trust allows individuals to transfer their assets into a trust during their lifetime. It helps in managing and distributing assets,...
Why someone may choose to give their property legal title to someone else?
'Beneficial Use' and Legal Title Differences. 'Beneficial Use' often refers to the right to enjoy the benefits or profits from a property, such as living in a house or earning income from a rental property. This is usually associated with trusts, where one party...
What Exactly is a Trust?
"Will trust own it?" Clients often make statements like "the trust will own it?" and it requires clarification that this is not entirely accurate. Unlike a corporation, which is recognized as a separate legal entity in most countries, a trust does not exist as a...
Trust is a legal entity
Is this legal? Trust companies are legal entities that are responsible for managing and overseeing the assets of their clients. These assets are typically held in a trust, and the company acts as the trustee. Trust companies employ a team of professionals, including...
Benefits of Trusts
A trust company is a vital service provider for individuals and entities in need of asset management and transfer services. As a legal entity, it administers assets and guarantees their eventual transfer to beneficiaries. While charging fees based on a percentage of managed assets, the trust company does not own the assets it handles. Trust companies offer reliable and trustworthy solutions for effective asset administration and transfer.
Trust – a smart tool for protection
Assets, property and estate. When it comes to estate planning or inheritance, trust companies often come into play. Whether through discussions or movies, the concept of trust companies managing assets for the wealthy or heirs dealing with trusts is not uncommon....
Safeguarding Wealth
Transfer of title. Are you concerned about potential lawsuits jeopardizing your hard-earned assets? Look no further than a trust company to provide a robust solution. Trusts can serve as a powerful tool in asset protection, shielding your wealth from legal threats....
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Pravia Trust
19 Temple Court
35 Progress Road
Leigh on Sea
SS9 5PR
United Kingdom