[e-gold-list] Re: Trust, I$ fees, etc.

2002-06-18 Thread Patrick Chkoreff
From: Patrick Chkoreff [EMAIL PROTECTED] One question though, Ari. I looked around the site and didn't see the fees you charge on spends WITHIN the system (between I$ accounts). I saw the fees for in- and out-exchanges, but not for internal spends. What am I missing? Sorry, just found

[e-gold-list] Re: trust

2001-08-25 Thread Ben Legume
So I think it is very clear that the trust is not an entity that holds property but a contract (deed) between a settlor and trustee (s). The assets are owned by the trustee(s). Anyone employed by a trust is employed by the trustee(s). Any trading done by a trust is done by the trustee(s).

[e-gold-list] Re: trust

2001-08-25 Thread David Hillary
I suggest you re-read the snippet you provided. A trustee holds property 'in trust' for some designated person or cause. It does not belong to him. This is why, for instance, if you arrange your affairs properly you can be bankrupt while benefitting from payments and/or the use of property