Does One Need A Lawyer To Set Up A Private Express Trust

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• What Is The Benefit Of A Private Express Trust Versus A Statutory Trust

  If one wants to use the statutory courts, whether federal or state, to have jurisdiction over the trust affairs and assets then create a statutory trust. Private express trusts are just that, private. They are the only truly private form of ...

• What Is A Private Express Trust Organization

  As defined by Alfred D. Chandler, Esq. in a report submitted to the Tax Commissioners of Massachusetts on unincorporated associations circa 1911: “Express trusts put the legal estate entirely in one or more persons while others have a beneficial ...

• Can A Private Express Trust Operate Privately While Having Control Over A Public Entity

  A private trust can hold interest in and/or liens over entities in any jurisdiction and operate from without those jurisdictions, i.e. foreign to those jurisdictions, as long as the trustee does not make minimum contacts into those jurisdictions by ...

• Difference Between a Public vs Private Express Trust

  An express trust is either public or private. A public trust, also known as a charitable trust, is an express trust created for a charitable purpose. A private trust is an express trust created to benefit a few persons.

• What Is The Benefit of A Private Express Trust vs Corporations

  The private express trust is governed by its indenture (trust contract), unlike the corporation which is a government franchise and governed by statute. Trustees are the sole authority and are afforded more leverage than a board of directors of a ...