SS docs for taking control of the trust

[futop]

Here are the 4 SSA docs that I received form Ed Brannum in Texas. They relate to the information in my UCC post for the "Boe/promissary note info"

[fulltitle]

Hmmm making it irrevocable by the trustee makes no sense and inures to no special favor as far as I see it. Irrevocability by the grantor and beneficiaries is a different story. Futhermore, do you name the beneficiaries of the trust? [Me thinks that the 'default beneficiary' is the SSA.]

The general concepts seem valid. Makes far more sense to send a NOTICE OF AMMENDMENT and then attach the AMENDED TRUST INDENTURE giving them thirty (30) days to respond, estoppel, reg. mail, etc.

How are you suggesting people fill out the 1041? How are payments made to the trustee handled? Or to the General Partner? Are you going to withhold on the General Partner as a foreign payment?

[weishaupt1776]

How 'bout suing for all of the FRNS which were procured by coercion and concealment of facts.

I wasn't told it was a trust. Who's the grantor? what is the res?

How can we use trust law to sue for it all back?

Seems like the pleading in equity could work

[fulltitle]

WITHOUT PREJUDICE

Originally Posted by weishaupt1776

How 'bout suing for all of the FRNS which were procured by coercion and concealment of facts.

I wasn't told it was a trust. Who's the grantor? what is the res?

How can we use trust law to sue for it all back?

Seems like the pleading in equity could work

Grantor Trust
A trust in which the grantor retains some interests and control and therefore is taxed on any income from the trust

Grantor trusts tend to be trusts that are revocable by the Grantor. Grantor trusts might also be revocable by beneficiaries.

If I am not mistaken, bank accounts have been referred to as grantor trusts. If the SSA thing is a bank account, might just make sense.