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...The opinions in this column are intended for general information purposes only and should not be used as a substitute for professional advice....
...This ensures that one trustee cannot control the future business plan of your company alone....
...You can be a trustee, and your son could be a trustee too....
...If you have set up a US revocable trust and are the sole trustee, you should review this before coming to the UK....
...Also, should a trustee die while holding a share in a joint account, there may be issues trying to prove to HMRC that the funds are not part of the trustee’s own estate, and therefore subject to tax....
...You and your husband could be trustees, while a professional co-trustee is often helpful to help navigate the rules and administration....
...It omits “debt” and substitutes “Trustee or Government” for Issuer, but the meaning appears identical....
...The kind of accountability that Wigdor promotes is not a perfect substitute for criminal prosecution. The suits he files — or threatens to — do not put dangerous people in prison....
...The bond uses an offshore trustee and gives global investors direct access to issuers of renminbi-denominated debt in the Shanghai Free Trade Zone....
...The trust might need to be registered with HMRC now and they might also need to be kept up to date with the details, such as trustee appointments....
...The problem, says Mary Beard, a classical historian and British Museum trustee, is that the marbles fulfil two roles which are in conflict....
...You need to think of someone who could act as trustee, to step into your shoes as the owner or custodian of the family wealth....
...The trustee will be required to provide information regarding the trust itself, the settlor, trustees and beneficiaries....
...I generally recommend that a professional trustee should be considered either solely or together with the family....
...After all, as Ahmed, who is British-born and of Muslim and Indian origin, points out: “Speech is not a kind of violence; it’s a substitute for violence.”...
...The fallbacks built into bonds in both jurisdictions are often woefully inadequate with many stating that, if a Libor reading cannot be found, then the trustee should take the last Libor reading available...
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