September 26, 2010

How do I add Forex trading to a revocable trust?

By Planet Wealth

My broker states "For opening forex accounts we need a copy of your Trust Agreement. Your trust agreement must explicitly permit Forex trading." I did my trust online by myself. Is there right verbiage to use, or just say "Forex trading permitted?" somewhere in the trust?

Topics: trading tips | 3 Comments »

3 Responses to “How do I add Forex trading to a revocable trust?”

  1. Pikachu Says:
    September 26th, 2010 at 12:45 am

    Under the powers of the trustees

  2. james j Says:
    September 26th, 2010 at 12:45 am

    it is a simple you see the detail in
    http://www.forextradingoffice.com

  3. STEVEN F Says:
    September 26th, 2010 at 12:45 am

    REVOKE the trust and have an ATTORNEY draw up a NEW trust that does what you really want the trust to do. If the existing trust does not already allow whatever it is, you CAN’T just add ANY language to allow it.

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