If someone has like $50 million+ usd in an offshore trust that a third party is managing for them, what would the offshore trust look like then if the money isnt in some bank then? Lets say that the amount was $500 million+ usd, where would the money actually be located if its in some offshore trust then again assuming theres no bank connection whatsoever...? Would any of you guys happen to know?
Money in offshore trust
- Thread starter santosg
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Why wouldn't there be a bank account involved? You'd place the money in a bank account controlled by the trustee. Then under the conditions stipulated in the trust agreement, the beneficiary or beneficiaries would be entitled to the funds.
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This is the probably the answer to your question.
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This is the probably the answer to your question.
Go there and find out, that's why a lot of us pay the money to be in it. You will learn a trick or two in there.
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