If you were a grocery trust for
the whole United States, you would be singing another song.
A very few years more and the hazardous difficulties of handling a fleet under canvas shall have passed beyond the conception of seamen who hold in trust for
their country Lord Nelson's legacy of heroic spirit.
(17) The TPT would need to be carefully drafted for it to be deemed a trust for
the benefit of the client's spouse under Sec.
However, neither the non-licensed spouse nor a trust for
his or her benefit may own an interest in the entity.
One was a marital trust for
the decedent's benefit; the trust agreement provided for the distribution of income and principal to the decedent during her life and granted her a GPA at death.
Your last name doesn't have to be Trump or Hilton to consider creating a trust for
You can set up a trust for
them, which will be exempt from attachment by creditors.
* Possessing or exercising the power to make an adjustment would cause an individual to be treated as the owner of all or part of the trust for
income tax purposes, and the individual would not be treated as the owner if the trustee did not possess the power to make an adjustment;
They can't own a home directly, but a home can be put in a special-needs trust for
them," Ehlert said.
A Crummey withdrawal right (named after the court case that first established it) gives a trust beneficiary the right to withdraw all or part of the donor's gift to a trust for
a limited period of time (usually 30 to 60 days).
The Foundation can also dispense funds donated to the Trust for
use in both the National Service and Voluntary Service Programs of the organization.
A person can establish an income trust for
her own benefit if she is able to understand and make decisions about it.
One caveat in setting up this arrangement, is that the parent(s) must survive the term of years of a trust for
the program to be complete.
Briefly described, rabbi trusts involve a transfer of property by a corporate employer to a trust for
the benefit generally of a class of selected employees to secure partially or fully a promise to pay the compensation at a future time.
Take the example of a trust where the donor states a "high risk tolerance" for the assets held in trust for
his wife, but subsequently suggests an asset allocation of 25 percent in cash, 25 percent in bonds, and 50 percent in equities.