Derek Moran
Derek Moran: Have you set-up your own EXPRESS TRUST, by chance?
Chris Fleming: It was already established for me when I was born, my parents created it. They didn't know at the time but I figured it out
Derek Moran: As an example of what you just said, here in Canada we have this in one of our Acts:
Not bound to execute TRUSTS
59. Her Majesty and a fiscal agent or registrar acting as such are not bound to see to the EXECUTION of any express or implied TRUST to which any securities are subject.
http://laws-lois.justice.gc.ca/eng/acts/F-11/page-29.html#docCont