To be honest, I couldn't tell you why those two options exist. I continue to wonder why the legislator chose to do that. This is the only time in Quebec's legislation “blind management agreement” comes up. Whatever the case may be, we offer two options.
With the trust, the assets are removed from the person's property, whereas they remain with the blind management agreement. I imagine that the legislator must have thought that the most important thing was keeping the person from seeing the assets. In both cases, we ensure that the person selected to administer the trust or agreement doesn't give any information to the person creating the trust or agreement. There are rules in both cases.
