 
WHERE ARE THE TRUST ASSETS AND OWNERSHIP?Normally...The assets are kept where they are convenient to be used. That helps assets grow into a larger group of assets. Of course, that means that some assets should be separated into multiple locations, multiple investments, and separate trusts.Assets like an investment account, bank accounts, internet business, management company, stocks, bonds, are not fixed to a location and can be anywhere. But, it is expensive and difficult to have foreign trusts or other organizations managing assets within the United States. United States assets should be owned and managed locally for simplicity and reasonable costs. Privacy and separation will keep you protected. During Attack...A trustee can resign at any time. That can be helpful to keep separation of personal attacks and improper attacks from protected assets. A local trustee can nominate a foreign trustee and easily turn over records to the foreign trustee. That eliminates the former local trustee from being mixed into damage to the trust, or damage the assets. |