[miket]

Yes

Caleb and Brown

Setup an account under trust name and supply with copy of trust.

Transfer any crypto from exchanges to trust account with c & b

Any future crypto purchases can be made in trust name with c & b

Any selling of crypto from your c & b trust account to your trust account setup with bank

• This reply was modified 1 year, 11 months ago by  miket.

[miket]

Hi all

Can you still transfer a property into non registered trust if it still has a mortgage?

Thanks

[miket]

How did you go with the setting up of a trust account with Wise?

[miket]

Hi philnjp

I have transferred all crypto from exchanges and wallets to C & B

They have a trading portal which you can log into and view your holdings, buy and sell.

Pretty easy to use.

Reason i use is that they can sell large amount of crypto easy.

You are assigned a personal broker who you can ring or email.

Also, be aware that exchanges ( binance etc )) can go down or slow in a bull frenzy

All crypto is also insured by them if something were to go wrong.

• This reply was modified 3 months, 3 weeks ago by  miket.
• This reply was modified 3 months, 3 weeks ago by  miket.

[miket]

Hi

I used West Pack.

[miket]

Took photos of all pages and sent via email.

[miket]

Yes

When i provided, less than 5 minutes later account created

[miket]

Yes thanks

I did alot of searching around the site and remembered i may of had something saved on desktop.

Here it is for anyone else interested.

Q…Can I put my asset that has a mortgage attached in my trust. Will the bank allow it?

A…That’s a good question, they may or may not. It comes largely down to the level of your competency. If you go to bank and say “Ah look I’d like to shift this property into a trust and ah ah I was told it can be done, I think it might be ok and do you think you could do that for us and we’d like you to do that and ..” They’ll probably slap you around and say “No we don’t do things like that” On the other hand if you walked in there and said “Look we’ve currently got a loan against the property, the loan is with the bank” they’d say “Yes that’s right’ You’d say “ Well that’s terrific and it’s currently in my name and I’m a trustee of a trust and we want to protect this estate for all the parties concerned, so we want a transfer of the title from my name to the trust but there’s no change in legal status, because I’m the trustee so the property will remain as the collateral for the loan though and would you have any objection to that?” When they hear you talk like that they’ll think ‘this guy knows what they’re doing” and they should be able to allow it for you, because there is no change in status and the property still remains as the collateral, even on the mortgage there is no change because the trustees name would go on the mortgage, so by all rights the bank should have no objection to it. If you go in there all wimpy they’ll think this person doesn’t know what they are doing and they’ll be worried that you’re going to trip yourself up or cause some aggravation for the bank or some other thing.