On Jan 6, 6:30*pm, "David Eduardo" wrote:
"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.

Yes, but this doesn't imply that those with brokerage accounts
necessarily tell the truth 100% of the time. Even if you're only
trying to throw up a smoke screen here, you'll have to be more subtle
than this.