What type of client would do the Crypto Discretionary Trust Documents?

There's a lot of youngsters who would do the Crypto Discretionary Trust. This could be used for business or whatever. But the advantage, in fact it is not a bad one, it enables the trustee of the Crypto Discretionary Trust to put in place a nominee like an agent who's acting on their behalf.

A lot of coin exchangers won't allow a trust to appear on the platform. There's some that do, there's some that don't. So what you do is you might go on as Grant Abbott, but he's acting on the authority for that Discretionary Trust. That came about because a lot of  people has been said, were finding that they had their profits coming in even though they have a trust running there.

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 17/01/2024