I read your post Duped,
and it is complicated for me to follow..
but as it happens I have come across a fair bit of action re trusts and trustees cases in NZ..
understandable after their GFC experiences and I read that they have one of the highest rate of trusts/population in the world.."The Nation Of Trusts"
anyway amongst my reading is info like
"1. There must be a separation of legal ownership (vested in the trustee)
from equitable ownership (vested in the beneficiary)11 and
2. There must be identifiable trust property."
http://www.otago.ac.nz/law/research/journals/otago036343.pdf
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Perhaps 'legal ownership' should be separated
in our/my laymans thinking from
'equitable ownership'?
That was a pretty informative, but complicated paper,imlo.
and there are a number of NZ cases around the subject..
but not exact replicars.Plenty happening though.
http://my.lawsociety.org.nz/
Even the experts seem iffy...how can the general public hoped to understand what they invest in and how it should operate? Enter a government safety net...or K/NOT?
also thanks for your previous reply Duped...
you seem to know what you are talking about...unlike me.lol
OCV
octaviar limited
