Sometimes the most basic legal structure can be completely depraved to become something illegal.

Take for example this married British couple wanting to create a Trust in Belize. They contacted a licensed local agent, and paid a hefty fee to create a Trust (7x times more expensive than PROMINEE®). During the Trust Deed drafting time: 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).