[std_throwaway]

So, if I go bankrupt it's basically worth nothing to anybody else because nobody could sell it for money? Even if it gets taken away and somebody else owns my shares they couldn't do anything with it when the board disagrees? Even if the state takes those shares and tries to force a selloff?

[threwawasy1228]

The answer is there are many ways in which the trust documentation can be completed and structured. Clearly you have never heard of this type of structure since is it really common even in normal trusts. It isn't really that weird.

For example: My friend has a trust that was structured such that, he was allowed 5k for graduating high school, and 5k for graduating college, and then he was not allowed any other access to his fund. He will not be allowed any other access to his fund until he turns 40. Any other expense has to be deemed an emergency and signed off on by a board of his trust which includes only bank employees, and his trust manager, he has virtually no influence over them. There have been times that he really needed his money and they deemed that he did not, and voted against giving him access to his own funds. So in short, YES what you are being sarcastic about is how trust often work.

I suspect based on your tone you are trying to be sarcastic and snarky and don't actually care about the intricacies of trust structures. I won't answer any of your questions directly, because they are unclearly written, but will instead suggest that this information is very easy to find with a quick search.

[std_throwaway]

Thanks for explaining.