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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 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....

Keeping Good Records

Importance, benefits and advantages. Keeping orderly records is important for the following reasons: 1. A preventive measure: keeping good, accurate records is a preventive measure. In the event of a dispute or problem, having structured records can help you save time...

Services Offered by Trusts

Companies' Services offering. Trust companies are abundant in the market, with some of the larger firms having been in business for over a century. These companies offer an array of products and services to their clients. The most common service provided by trust...

Trust Company (3)

Is trust reliable protection? Trust companies are businesses that take care of other people's money and belongings. They have a team of professionals who help manage these things. Some trust companies have rules about how much money you need to have to use their...

Trust Company (2)

Beneficial use vs legal title. Beneficial use. The right to use and enjoy property according to one’s own liking or so as to derive a profit or benefit from it, including all that makes it desirable or habitable, as light, air, and access; as distinguished from a mere...

Offshore Asset Protection Trusts

Trusts are widely misunderstood but... Offshore Asset Protection Trusts are considered the ultimate solution for safeguarding assets and engaging in international tax planning. Unlike offshore bank accounts, these trusts require additional structures to ensure their...

Trust Company (1)

An intelligent safeguarding solution. You may be familiar with the concept of trust companies when it comes to estate planning or inheritance discussions. Perhaps you have heard affluent individuals speak of trust companies managing their wealth, or seen movies where...

Keeping Good Records

Importance, benefits and advantages. Keeping orderly records is important for the following reasons: 1. A preventive measure: keeping good, accurate records is a preventive measure. In the event of a dispute or problem, having structured records can help you save time...

read more

Services Offered by Trusts

Companies' Services offering. Trust companies are abundant in the market, with some of the larger firms having been in business for over a century. These companies offer an array of products and services to their clients. The most common service provided by trust...

read more

Trust Company (3)

Is trust reliable protection? Trust companies are businesses that take care of other people's money and belongings. They have a team of professionals who help manage these things. Some trust companies have rules about how much money you need to have to use their...

read more

Trust Company (2)

Beneficial use vs legal title. Beneficial use. The right to use and enjoy property according to one’s own liking or so as to derive a profit or benefit from it, including all that makes it desirable or habitable, as light, air, and access; as distinguished from a mere...

read more

Offshore Asset Protection Trusts

Trusts are widely misunderstood but... Offshore Asset Protection Trusts are considered the ultimate solution for safeguarding assets and engaging in international tax planning. Unlike offshore bank accounts, these trusts require additional structures to ensure their...

read more

Trust Company (1)

An intelligent safeguarding solution. You may be familiar with the concept of trust companies when it comes to estate planning or inheritance discussions. Perhaps you have heard affluent individuals speak of trust companies managing their wealth, or seen movies where...

read more

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