Understanding Trust Law
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- Опубліковано 5 вер 2016
- These videos go through the syllabus objectives for the Financial Exams of ST5/F105/SA5/F205. They are raw, unedited and contain a large amount of opinion. I've taken a skeptical approach to the subject and my views may not be correct. Feel free to correct me in the comment section below. I'll be releasing a new video every day
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• The Regulation Cycle: ...
Thank you! I finally understand Trust. For years, I was having a hard time on this in our Civil Law.
Im a final year law student and you explained this way way better than any of my tutors ever did !!! You should be a teacher ! Isnt it crazy that I find more explanations that sink in on you tube than I do after paying many thousand s of pounds to a Uni .. I was the same with my driving lessons , i tackled roundabout far better after watching you tube vids than I ever did with the instructor .. I have now subscribed to you Thank You so much for your efforts they are much appreciated
Happy to help! My dad is a lawyer so I’ve grown up asking him countless questions
OMG SAME SAME! even for the driver exams!! you tube videos are the best
Formal law school is overrated.
I'm a future student and until I don't get it 100% I'm not going for it because Law school is a speed train and I'm a slow learner lol
update got my degree with honours now doing my masters ...
Great finally found a video that explains well. Thank you
The Protector is the one that ensures the Trustee acts as directed by the Trust Deed. They are separate people... Good video though ;-)
Excellent analysis and succinct explanation .
It give me understanding of trust and it’s applications.
Thanks
Excellent analysis
I finally understand trust as a CPA
Thanks
This was amazing. Thank you.
I appreciate you very much for this helpful info
Thank you for the video! What are the drawbacks of the Trust? What charges are involved?
In a case where a fraudulent Trust was created through Undue Influence & Lack of Capacity: Let's say the document is determined to be VOID by the court and the valid pre-existing Trust is accepted as the correct one. How do the beneficiaries then collect their rightful inheritance? Does the probate judge order the stolen assets to be returned and distributed according to the valid Trust document terms? How does that work? It gets extremely complicated when there's a 'bad Trustee' who is adversarial towards the beneficiaries and steals all the Trust assets.
I have a question. If the executor quits? Can a benificiary take the executor position? The previous executor was a "bank" that wracked up and took from the "trust" high fee's & unnecessary expendatures! How can benneficiaries get recompense for the missmanagement!?
4:34 he said that the objects are the properties.. is that correct?
Did you know that every man and woman has a secret trust, created by registering the new born Child... Very interesting topic to dig into !
Which is fraud.
Hi Richard. I'm in Australia and in a mortgage matter. The local Supreme court is doing everything it can including forged signatures to not acknowledge the existence of my cestui que vie trust. Let them deny it and we will see were the appeal ends up. The international court of justice in the Hague I do believe.
How did it go?
@@frankbertola3662Change your vested interest they have you in
Hey how's the S. Africa doing. What was the fus about the farmers being kicked out and black power taking over? I'd love to know
Wyatt genocide.
Trusts should be drawn as triangles.
Aren't you anti-triangles?
For the algo
0:40-why ? Why create trust? I’ve watched three intros on this topic and NO ONE begins with why anyone would want to create a trust.
Why should anyone create a trust?
It's in the video
A Trust is a *PRIVATE* contract. This is a critical detail not really covered here. This was a detail that completely changed my fundamental understanding of a Trust and how it engages with the world around it. More importantly, how Public law and Public Policy engages with IT. The dreaded so called "Death Tax", general taxes, regulation are Public Law/Policy. They don't have jurisdiction on that which exists only in the Private. The "Death Tax" is essentially an administrative fee imposed by the courts for the service of distributing assets according to legal entitlement based on Public Law and Policy. Since this disbursement has already been delineated and specified in the Trust's structure, the Public courts have no business or legal right to meddle in it. Wyoming is the modernday Cayman Islands in terms of Trust Law. Countries around the world are attempting to model their systems using it as an example. US Trust law extremely benefits foreigners as there is ZERO taxation for any income derived abroad if they use a US Trust. At 14:22, he is referring to using the Trust as an account to hold funds in escrow.
It's private until registered, or if joinder is created through the many tricks and traps... afaik, only an express private trust is secure against the aforementioned pitfalls...
Weiss handbook on Express private trust. Do you have a source for help in setting this up . Unfortunately a lot of lawyers won’t touch this .
Very childish explanation