Soms kan de meest fundamentele juridische structuur volledig worden verdorven en iets illegaals worden.
Neem bijvoorbeeld dit getrouwde Britse stel dat een trust in Belize wil oprichten. Ze namen contact op met een erkende lokale agent, en betaalde een flinke vergoeding om een trust op te richten (7x keer duurder dan PROMINEE®). Tijdens het opstellen van de trustakte: the spouses expressed their wish to be able to contribute to the Trust. The licensed local agent in Belize created a chimera: a Trust with 2x Settlors/Grantors! Not only that but they never sent out the signed Deed to their own customers.
For those unaware of this abomination:
A Trust can only have one single Settlor/Grantor!
So this is what you get in Belize from a licensed agent: an expensive sham Trust. Their license is worth $0. Do not count on the IFSC of Belize to clean this up.
The British couple did not renew their Trust maintenance fee, and luckily: they had not contributed a single cent to it.
If you need a Trust: get it right with PROMINEE®. If you think we are too cheap: nothing stops us for charging you seven times more like this rogue service provider from Belize (just ask us to increase our price for you).