On October 10, 2012, Amanda Michelle Todd (November 27, 1996 â October 10, 2012),[4][5] a 15-year-old Canadian girl, committed suicide at her home in Port Coquitlam, British Columbia, Canada.
An asset-backed security is a security whose income payments and hence value are derived from and collateralized by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represe
The asset-protection trust is a trust that splits the beneficial enjoyment of trust assets from their legal ownership. The beneficiaries of a trust are the beneficial owners of equitable interests in the trust assets, but they do not hold legal title to the assets. Thus this kind of trust fulfills the goal of asset protection planning, i.e. to insulate assets from claims of creditors without concealment or tax evasion. A creditorâs ability to satisfy a judgment against a beneficiaryâs interest in a trust is limited to the beneficiaryâs interest in such trust.