How can we help you today?

Solution home Trust Related Questions

FAQ

FAQ - Frequently Asked Questions about Common Law Trust.

US banks are obligated to inform the Canadian revenue agency about all my assets held in the US banks. [This question applies to readers anywhere in the world, outside the USA.]
The assets in the trust will not show up anywhere as being "your" assets. They will belong to the trust, not to you.
Wed, 22 Jul, 2015 at 6:45 PM
Since we are not able to meet Mr. Randall in person and he has no web page, no proven records of successful practice, how can we be sure that our assets, properties and a business would be safe in the trust that he designs?
Meeting Randall in person would not guarantee that the trust he sets up for you would protect you. If Randall had a website, that too could be misleading, a...
Wed, 22 Jul, 2015 at 6:48 PM
Would Mr. Randall help us to understand how payouts for our employees will be taken care of, in a precise, timely and safe way?
Yes, Randall will be available for ongoing consultation, however, you don't really need Randall to answer a thing like that, because you would administe...
Wed, 22 Jul, 2015 at 6:50 PM
How can we be sure that unauthorized people will not be able to access our trust bank accounts?
Most of the answer to that question would come from other sources, because the issue would not be with the trust . . . it would be with other policies of se...
Wed, 22 Jul, 2015 at 6:54 PM
We would most likely need to attend one of your and Mr. Randall’s special introductory workshops in order to get a deeper understanding about what are the benefits of the common law trust.
  Believe it or not, we don't conduct workshops. You are over complicating things. You need to relax! It is really simpler and better than you seem to...
Wed, 22 Jul, 2015 at 6:57 PM
I would like to learn more about the whole philosophy of this trust.
Thank you for showing so much interest, and I'm glad you wish to learn. However, Randall and I have chosen to go a different way than most common law tr...
Wed, 22 Jul, 2015 at 6:59 PM
I would like to know which banks in my area will open accounts for these trusts.
The willingness to open the accounts for these trusts is not determined by which institution it is. Since common law instruments have not been as uniformly ...
Wed, 22 Jul, 2015 at 7:02 PM
I need to know that the trust will work in other countries, otherwise it is no good for me.
Your words evidence a kind of fear, hesitation, nervousness, apprehension, as if you have been taken advantage of in the past, and you are wary. If so, I am...
Wed, 22 Jul, 2015 at 7:04 PM
Are there any other costs or fees besides the $2500 setup cost?
No. There are no annual fees or further costs or fees to be paid to Randall’s trust, unless you engage him for any special consulting needs that are above a...
Wed, 22 Jul, 2015 at 7:06 PM
I am very interested in this and wonder whether a single trust could be set up for both my wife and myself?
Yes, the great thing about these trusts, is not being subject to the millions of ever-changing statutes, but rather only to the everlasting and ever-the-sam...
Wed, 22 Jul, 2015 at 7:10 PM