Trust Funds Canada
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Tina Said:
has any one recived a letter from universal funds & trust saying u won a contest. i did and i need help?We Answered:
I think it is a scam. You could just forget it or, you could cash the check for $2480, keep it and write UF&T telling them that you lost the money in a pool game and if they send you the $42000 you will send back the $2200.Let me tell you what happened to me. I was contacted by a Chemical Company in Japan wanting me to be an accounts recievable agent for them and I told them I would. What I was supposed to do was cash a check from whatever source, send the money to someone else minus 10% for my commission. Lo and behold in a few days I did get a check for $65,800. I was to deposit that in my bank checking account and when the check cleared I was to send it on minus my commission of $6,580. I have no doubt that the check was good as gold.
Here's the problem. If I deposited the $65,800 and sent on the $59,220, I would have made $6,580 profit. However I would have had to pay income tax on the $65,800. At say 30% income tax, I would have not only lost the $6,580 but would also have to pay an additional $13,160. The chemical company would have gotten their money, the customer would have paid the bill and I would have got stuck big time.
There is an old saying, " If it sounds too good to be true, it probably is." Meaning that there could be a legetimate deal out there, but you will probably go broke trying to find it.
Oh, I still have the check, but it is no good now.
I am telling this because it is true and to warn the other readers out there. Be careful. There might be a silver lining behind a cloud, but not every cloud.
Wendy Said:
How can I add my mutual fund to my google porfolio?We Answered:
TD Balanced Growth - Fund code TDB970TD Dividend Growth - Fund code TDB972
Priscilla Said:
What is the best way to set up a foreign trust fund?We Answered:
A trust fund is preferable - get an attorney in US.Curtis Said:
About trust funds: If someone wants to set up a trust fund for someone in a different country, how is it done?We Answered:
To reliably direct money to someone after you die, you will need a will or a trust. A trust usually requires a lawyer, and is more expensive than a will drawn up by a lawyer, but offers certain advantages. When a person who is not an American citizen inherits a large amount of money in the U.S., there are additional provisions in the tax code that restrict them from freely removing the money from the country to try and ensure that the IRS gets the taxes they are entitled to.The simplest way to avoid wills and trusts would be to name them as a beneficiary on a bank account or other investment account you own. When you die and they document that with a death certificate, they will own the bank account, brokerage account, etc. This could be done in the U.S. or in the country they live in. See my link regarding "payable on death" bank accounts.
Karen Said:
How do I add my funds from my TD Canada Trust Debit Card to my Paypal account?We Answered:
You dont need to transfer the money BEFORE using PayPal. If you have added your debit card to your Paypal account, Paypal will automatically debit your card when you buy something.If you havent added your card, adding it is quite simple...
Lance Said:
How do i add funds(money) on the Playstation 3?We Answered:
In order to add funds you need a credit card or a debit card. I'm guessing TD Canada is a debit card so it should work. Just log on to your PS3, go under Profile settings, and add your card as a fund. You can set it so that in order to add funds you need to enter a password which is useful if you don't trust someone. I am pretty sure that you can transfer multiples of $5. If you want a game, you can go to download and transfer funds then and have some left over or you can put a lump sum on at once.Jorge Said:
Non-sufficient Funds charges with Canada trust!?We Answered:
Ignorance is not an excuse. this is part of the paperwork you signed when opening the account. Forget getting the charge removed