An LLC and a trust both provide benefits to the owner of REAL PROPERTY. Using both a trust and a LLC is the best combination of liability protection and estate planning. To do this, the owner should hold the investment property in a single member LLC, with the living trust as the sole member of the LLC. Here, the trust is the owner of the company and holds all of the interests of the LLC. This form of ownership gives you an added layer of protection from the LLC as well as the additional estate planning benefits of a trust.
I am, pierre the man, the grantor for the FTP TRUST, and ME, the man, appointed 9111-1111 Quebec inc as TRUSTEE for that trust, I, ME, acting as the SOLE authorized administrator for PIERRE DAOUST, swang PIERRE DAOUST into that TRUST, I just need to have 9111-1111 Quebec Inc to lien PIERRE DAOUST, and it will be done....
That's what I was thinking as well, but I remember reading here somewhere that it was a "person" who creates the trust. So I suppose that was just a little foggy thought on my part. Thank-you for bringing that into focus for me Pete :)
Fun fact: The FTP TRUST, has nothing to do with "This note is legal tender", but it has everything to do with my TIME/ENERGY, because I trust that my time/energy is MINE, and this is CLEARLY "established" in good faith.
I wonder WHO will take the risk to CHALLENGE this ? :-D
I have a similar piece of paper here, although I cannot get it notarized just yet because I have to wait for the confirmation of the corporation filing. I might have to change the name.