Spoke to a Lawyer here where i live, he said what the problem is that people use this type of thing to SWITCH tax paying juristictions, ie to go from where they pay one rate of tax to where they can pay a lesser amount. However for me whether I use A US trust or A Canadian TRust or no Trust I...
Who can I speak with to determine if I will get into trouble if i set this type of thing up? Everyone has an opinion.....
I may be trying to do something for legitimate business reasons but the instrument/technique I have chosen also be used in a negative way.
I still cannot identify...
Hello, I sense that administratively this setup is awkward, that's why i've posed my question before taking an action. But I have to admit you caught my attention by referring to the above as a 'Scheme'. You likely meant nothing by it (you did say Misconstrued), but it did feel like I was...
I am considering starting this Nevada Trust, for investment. I will be Grantor, My Nevada company will be Trustee, I will be the only Beneficiary. I however, live in Canada.
I wish to avoid some of the legalish issues because they are so expenisve for me to resolve. There are no CPAs where I...