How to perform joint investment
They exist several possible ways out of the situations when one legal or physical body has insufficient material resources for the purchase of a desirable asset to ownership. The necessary funds can be borrowed, the person can come to agreement about payment in installments, or can find associates with the same desires and share his/ her rights for the assets, by donating part of his/ her rights, thus solving the problem with the lack of funds.
To avoid the situation when it’s necessary to appeal to the court for legal reconciliation of the conflict between the co-owners that can last for years, a reasonable act is attraction of a third body and authorizing it the rights and obligations to control the execution of the rights of ownership, disposal and use between co-owners. In such situations, the co-owners voluntarily transfer part of the rights of disposal and possession of the assets to such an arbitrator, granting him both the rights for blocking the free transfer of assets to other persons and the rights of the rightful owner in the face of state bodies supervising the observance of property rights.
With a professional approach to the business, a trustee will thoroughly study both the subject of trust management and the future co-owners themselves, including the data on the contribution of each of them to the shared cause and on the proposed scheme of distribution of rights between them.
Under the results of the study of the subject of ownership, the trustee compiles the design documentation. This documentation is obligatorily checked several times at the independent lawyers in each separate jurisdiction under which the law of the discussed assets fall, even partially. On the this stage, the work of the trustee is to build a cooperation scheme for each participant that will provide all desirable rules of the co-owners.
The trustee will also have to be inside the scheme. That’s why, at the stage of compilation of the design documentation when all participant including the trustee are not the subjects of the project, the trustee is personally interested in a comprehensive assessment of the risks and weak points of the project, as the resolution of any possible disputes between the co-owners will fall entirely on his shoulders.
If you have decided that trust management is the means what will help you to solve your problems, send us a message with a brief description of your needs and the desired effect. We will carry out the initial evaluation of the project, advise, on the basis of our extensive practice, which solution is the most successful, as well as send a recommendation for the mandatory steps-checks necessary to ensure safe joint investment in any assets.
Well-protected and arranged holiday
After listening to friends who boasted that they themselves made a travel to Montenegro, having independently booked an accommodation on the site booking.com we decided to follow their example. We chose a hotel with quality-price ratio being very good, in our opinion. During the booking process, we provided our credit card details, although payment for the accommodation booked on this site is made on site upon arrival, the hotel reserved the right to charge our card of the daily cost of accommodation there. All this would be normal until three days later we received notification that the cost of our accommodation would be almost twice the booked, and we could cancel the reservation only with the loss of the daily cost of hotel accommodation withheld from our card. All attempts to deal with the situation, either appeal to the website, or to the hotel, led to nothing. This feeling of complete powerlessness and helplessness in this situation was remembered for a long time. Therefore, on the first trip by Alliance Family Club we were able to appreciate all the advantages of a holiday well-organized and protected by the trustee Global Actual Services.
The Zholdoskaliyevs family (Kazakhstan)
The members of the club, the owners of T1