hugger said:
I agree 100% with you on that
Can you please elaborate on this? I am not seeing the advantage of a trust at the present time.
Surely a gift/transfer to a trust owned by an individual would set off the same tax issues as sending it to the individual personally.
It is the transfer of the money that attracts the attention of the relevant authorities, especially if it is coming in from a tax haven. Who it goes to is almost a minor issue.
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