"dxAce" wrote in message
...


David Eduardo wrote:

"dxAce" wrote in message
...


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!


In other words, you disagree with the need for living trusts and
shielding
personal assets through incorporation?

No, I'm LMFAO because you dodged the whole 'inverted jenny' thing...

I don't collect stamps, and could certainly not have more of the surviving
examples of an issue than have been sold in the last 5 years.

David Eduardo wrote:

"dxAce" wrote in message
...


David Eduardo wrote:

"dxAce" wrote in message
...


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!


In other words, you disagree with the need for living trusts and
shielding
personal assets through incorporation?

No, I'm LMFAO because you dodged the whole 'inverted jenny' thing...

I don't collect stamps, and could certainly not have more of the surviving
examples of an issue than have been sold in the last 5 years.

In other words, if you did collect stamps you'd find something to lie about!