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Re:a trust and UCC
<FONT face="courier new, courier, mono">Ice,
I agree that we are learning better ways to deal with the IRS than trusts, but it may be simpler for someone who already has the proper trust setup to continue using it.</FONT>
<FONT face="Courier New">Mike,
I assume that the trustee intends to file a UCC against the trust, not himself. Just remember, if this action is taken, be sure the paperwork exists to show that a valid contract exists between the trust and a 3rd party NOT invloved with the trust in any way other than the contract which the trust defaulted on. </FONT>
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When a statute, code, or court holding changes tomorrow, does reality change? Does truth change? Does right and wrong change?
If so, there are no absolutes, and the only logical conclusion is that reality, truth, and right and wrong are determined arbitrarily on a daily basis by those with the most power, guns, and money, and the rest of us can choose to run, fight, or be their slaves.
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