Nicholas Shaxson | The Cancerous Plumbing Of Financial Secrecy
The Geopolitics & Power Podcast
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The Grandpa Gives His Assets Away Into the Trust
The rules of the trust say, okay, little Johnny here, he's three years old now, but when he's 21, if he passes his exams, he will get this much money. And if he doesn't pass, then he'll get nothing. So who the hell does own it? And actually, nobody really owns it. These trusts are in a kind of these assets that are sitting in the trust are in an ownerless limbo.
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