06
07
2007
Domestic and Foreign Trust Differences
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalThe nuts and bolts of a trust are a legal and binding contractual obligation created between two parties enforceable by law to all parties. Generally, the owner or possessor of valuable assets wishes to legally empower another person to control his assets for a specific purpose.
The concept of trusts dates back to the medieval crusades whereby wealthy land owners would lead his serfs to battle, in far away lands, taking a number of years to get there and a number of years (more…)
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