<prompt> Human: My mom called me up and said that they were going to start a family trust and she just needs me to open a savings account and they will take care of the rest.From reading this subreddit I know that family members have used people with good credit records to rack up debt and Im afraid that this might be whats going to happen, even if my mom has the best intentions.Here is what I know so far:1 My stepdad started his own business, but underquoted his clients and got into debt. He stopped paying their house 8 months ago and now the bank wants to repossess.2 My parents had a meeting with a company they heard about on the radio to help them establish a family trust to pay off their debt.3 In order to establish the trust, they need their 3 children ages 24, 23me and 21 to open bank accounts. My mom will then deposit money into these accounts for 3 months so that the bank can see that the accounts are active.4 After 3 months, they will draw up the trust and then they will transfer the house into the trust.5 My parents are paying the company a once-off fee to draw up the trust and then a monthly admin fee to maintain the trust. One of the company members is setting themselves up as an independent trustee of the trust. My mom said that that this person will not have access to the accounts unless my mom grants it.6 At the moment there are no documents I can look at outlining any of this - this info is all from my parents meeting with the company. I have asked my mom for docs, but have been told that this will be given once the bank accounts have been opened and the trust drawn up.7 My mom mentioned that the company will do a credit check to make sure that we have good credit. Only the children and my moms bank account will be used because of the credit check.8 I dont know how a trust works or how it can be used to save their house from being repossessed honestly, my mom hasnt given me info that makes sense, but I have a feeling that somehow our credit scores can be used for this debt.My mom wants me to open this account ASAP because they are running out of time. I want to help them of course, but not if it puts my future on the line. Im scared my parents are being scammed because they are in a corner.Should I open the bank account? Will it affect my credit?Can they borrow money on my behalf and how would liability be assigned?Should I say no and feel like I might cost my parents their house?Ps. For legal stuff, I live in South Africa.  <response>: I cant imagine any plan heard on a radio commercial is a good idea. 