Hi There, Is there anyone out there that has a HDT set up by Dale?? I submitted a copy of my HDT trust to Leveraged Equities for margin lending and they claim there is no power of attorney/delegation inside the trust. I presume that the HDT's by dale are pretty standard and wonder if anyone else has experienced this?? Thanks Bob
Mine was set up by Dale in early 2003, I had no problem Margin Lending with BT for the wholesale fund.
Thanks Perky, I don't know what's going on with mine...I got a feeling the solicitor from Leveraged Eq. didn't read it properly??? Without saying it outright in the trust, Para 6..Powers of the trust seems to be pretty self explanatory to me, hey what do I know???. I'll run it by Nick Thanks Bob
Hiya I have had many a chat with lenders solicitors. Ive had it said that if you are arguing with an idiot, that then makes 2 of you........................ My impression has been that they get so lost in the grey stuff that they forget simple black and white - like Trusts 101. ta rolf
Hi Bob I'm aware that one HDT document provider has had this problem identified with their document in the very scenario you've outlined. If there really isn't an ability to appoint attornies under the doc I'd be going back to whomever I bought it from and requiring a free amendment pronto! Cheers