It is an excellent idea to acquaint the Beneficial Owners (all residents) of the Trust with information about its assets and those who manage them. However, the third paragraph contains a huge and misleading inaccuracy: According to the Delaware Department of Justice, the Trustees are not private. They are a PUBLIC BODY, SUBJECT TO THE FREEDOM OF INFORMATION ACT. Here is the proof. Click on the link below, which takes you to the relevant document.
We are unjustly refused most information about our assets. The Trustees are growing more and more inward, attempting to privatize our Trust, and in the recent past some of them have actually claimed that they own the Trust, and so can do whatever they like with it. As a former Trustee, I know what I'm talking about.
With apologies to those who received this post by email, several minor corrections have already been made. ✔️
It is an excellent idea to acquaint the Beneficial Owners (all residents) of the Trust with information about its assets and those who manage them. However, the third paragraph contains a huge and misleading inaccuracy: According to the Delaware Department of Justice, the Trustees are not private. They are a PUBLIC BODY, SUBJECT TO THE FREEDOM OF INFORMATION ACT. Here is the proof. Click on the link below, which takes you to the relevant document.
http://opinions.attorneygeneral.delaware.gov/2017/07/31/17-ib34-07282017-foia-opinion-letter-ms-dorsey-fiske-re-foia-complaint-concerning-trustees-new-castle-commons/
We are unjustly refused most information about our assets. The Trustees are growing more and more inward, attempting to privatize our Trust, and in the recent past some of them have actually claimed that they own the Trust, and so can do whatever they like with it. As a former Trustee, I know what I'm talking about.