Cryptocurrency Q&A
Is trust legal in Germany?｜and German land law does not allow for the transfer of assets located in Germany to a trust. However, such a transfer does not necessarily have to be without effect.Trusts are virtually unknown in German Civil law
Is trust legal in Germany?｜and German land law does not allow for the transfer of assets located in Germany to a trust. However, such a transfer does not necessarily have to be without effect.Trusts are virtually unknown in German Civil law
SakuraSpirit
Sat Jun 08 2024
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7
answers
1721
Could you please clarify the legal status of trusts in Germany? I've heard that German land law prohibits the transfer of assets located within the country to a trust. However, does this mean that such transfers are completely ineffective? Also, it seems that trusts are not commonly recognized in German Civil law. Could you elaborate on this aspect and explain how it impacts the legality and practicality of trusts in Germany?
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Can I withdraw from Binance to my bank account in UAE?｜Withdrawing funds from Binance to a UAE bank account is a streamlined process. By following the above steps, users can enjoy a hassle-free experience. It's important to ensure that all details, Especially bank account information, are entered correctly to avoid any issues with the transfer.
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Can you use Binance in Australia?｜Yes, Binance is legal in Australia. The company is based internationally, but operates an Australian arm under InvestByBit Pty Ltd (ABN 98 621 652 579). The company which is registered with AUSTRAC, which detects and prevents fraud, but that does not mean the exchange, or any other exchange in Australia, is regulated.
