PDA

View Full Version : Child Trust Funds


the worm that turned
23-04-2010, 06:52 PM
Anyone have an opinion on these?

I need to start researching trusts in detail but before I do, does anyone know if these CTFs are true trusts? If so, who is the trustee and who is the benefactor?

I know that the Government have given me a cheque for 250 GBP for my son (bless them) but I am really torn between ripping this up and creating an account (Trust Fund) in his name.

Do you think this will be creating some kind of contract whereby the Government believe they have some kind of ownership over my son (as a man or person)??

Look forward to some constructive feedback (if still possible on this forum).

brianthebrain
23-04-2010, 07:01 PM
Anyone have an opinion on these?

I need to start researching trusts in detail but before I do, does anyone know if these CTFs are true trusts? If so, who is the trustee and who is the benefactor?

I know that the Government have given me a cheque for 250 GBP for my son (bless them) but I am really torn between ripping this up and creating an account (Trust Fund) in his name.

Do you think this will be creating some kind of contract whereby the Government believe they have some kind of ownership over my son (as a man or person)??

Look forward to some constructive feedback (if still possible on this forum).

yes throw it away, otherwise youl find you have just sold the rights to your son to government, then they will want to pay you child benifit, then tax credits then a free education

tell them to take a running jump

mark1963
23-04-2010, 07:43 PM
yes throw it away, otherwise youl find you have just sold the rights to your son to government, then they will want to pay you child benifit, then tax credits then a free education

tell them to take a running jump

He's actually right - in a way. - LOL.

If you accept benefits then there is an Implied Trust. You do not have to sign anything. If you do sign then you are the Grantor and the Trustee. Your son is the beneficiary - until the court decides to "assume" otherwise.

"Assume"- decide with absolutely no evidence or proof.

It's so pervasive that most of the dealings we have are actually Trust issues. I wish it was not the case.

That's the problem.

Remedy is relatively easy - Affidavit/Public Notice - you only deal with the "benefit" givers "at arms-length". You have no "trust" in them and do not believe their dealings are honourable. See my other thread.

This has not been challenged yet - but - does appear sound.

yozhik
24-04-2010, 01:42 AM
So flip the implied trust.
It's only implied if it isn't expressed.
You can acquiesce or you can create.

the worm that turned
25-04-2010, 08:59 AM
So flip the implied trust.
It's only implied if it isn't expressed.
You can acquiesce or you can create.

Good to see you back. So is one suggestion to write to the issuer and confirm that I am the grantor (via taxation) my son (no caps) is the benefactor and I (no caps) am the trustee? Or am I totally lost :D

boots
25-04-2010, 09:25 AM
You are not a person....or your son... you have a person.




.

yozhik
25-04-2010, 10:30 AM
Good to see you back. So is one suggestion to write to the issuer and confirm that I am the grantor (via taxation) my son (no caps) is the benefactor and I (no caps) am the trustee? Or am I totally lost :D

I'm not back ... just killing time. ;)
I brief nostalgic sojourn to see if anything has changed.
It hasn't.

A worthwhile confirmation of my reasons for leaving.


Re: Trusts
I wouldn't be so brazen as to say you are "lost" ... but prima facie, in serious need of a map or GPS. :D

If you choose to delve into Trusts, be prepared for the mother of all rabbit holes.
You can't comprehend them on a superficial level; it's not possible ... for anyone.
Speed reading a couple of posts on the David Icke forum will give zero comprehension of the vast subject matter.

Sorry if that comes across as harsh or offensive; it is most definitely not intended that way!
More of a warning shot across the bow to fully commit to Trusts or leave them alone.
:)

mark1963
26-04-2010, 03:04 PM
I'm not back ... just killing time. ;)
I brief nostalgic sojourn to see if anything has changed.
It hasn't.

A worthwhile confirmation of my reasons for leaving.


Re: Trusts
I wouldn't be so brazen as to say you are "lost" ... but prima facie, in serious need of a map or GPS. :D

If you choose to delve into Trusts, be prepared for the mother of all rabbit holes.
You can't comprehend them on a superficial level; it's not possible ... for anyone.
Speed reading a couple of posts on the David Icke forum will give zero comprehension of the vast subject matter.

Sorry if that comes across as harsh or offensive; it is most definitely not intended that way!
More of a warning shot across the bow to fully commit to Trusts or leave them alone.
:)

Yes - it's a big rabbit hole and very deep - but there appears to be light at the end of it as Yozhik states.

Express your Trusts - Tell them you are the Grantor and set the rules or you could try to negate Implied Trusts by stating that you have no trust relationship.

"At arms length" and "arms-length" it is called. This has not been tested yet.

It's still relatively early days for me and there are others who have much better comprehension.