"dxAce" wrote in message
...


Uh-huh. And whose name is it in? Certainly not yours. Just like those
radio
stations in SA.

As with most people, it is in the name of a living trust.

Like everything you've done your entire life...
...in someone else's name!

Obviously you do not know anything about issues of liability and avoiding
probate.

For investments, a sensible person would at least maintain investments in a
brokerage account where the shares are in a street name so they can be
traded instantly. Such an account would be under a living trust to avoid
probate and for certain tax advantages.

A business should always be in some form of a corporation to protect the
owner(s) from liability issues. The assets of the corporation would be held
under a corporate name, but the assets of the individual owners or investors
are protected from the debts or liabilities of the business activity.