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![]() David Eduardo wrote: "dxAce" wrote in message ... All in someone else's name of course. A trust or a corporation do not constitute having something in "someone else's name." A living trust simply presestablishes the future ownership of one's assets upon death, with the objective being the avoidance of probate and the resultant delays and costs. A corporation is not a person. It is a legal entity for an enterprise that shields the owners or shareholders from personal liability. There are corporations that are 100% owned by one individual, where all shares are in one name... and the shares are nominative. And yet another moment to LMFAO! |
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