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14 Nov 2019, 10:27 am
The amount of time it takes to settle a trust is dependent on the schedule of the court and complexity of each case. [read post]
5 Jul 2011, 6:03 am
On the other hand, if you are a trustee of a trust with no money to make disbursements, you may still have some options depending on the language of the trust. [read post]
20 Jul 2018, 9:14 am
In this article, we will explain the difference between revocable trusts and irrevocable trusts in Illinois. [read post]
21 Jun 2012, 1:21 pm by David M. Goldman
If you are looking to create a Gun Trust and want a Gun Trust Lawyer® to help create a customized Gun Trust or Multi-Generational Asset Protection Gun Trust contact us. [read post]
14 Sep 2010, 10:15 am
The trust's assets are never re-valued, so if the assets of the trust increase, the income portion does not change. [read post]
22 Mar 2016, 7:54 am by Ettinger Law Firm
More specifically, they will sue the trust, which will only be able to satisfy the judgment out of the assets contained in the trust. [read post]
19 Sep 2012, 10:55 am by David M. Goldman
It is important to make sure your trust complies with the state's requirements for creation of a valid trust. [read post]
16 Mar 2008, 8:19 am
Bryan v.Dethlefs, 959 So. 2d 314 (FIa. 3d DCA May 16, 2007) The decedent's trust stated, "Upon my death, the then balance of principal and accumulated income remaining in the trust fund shall be distributed to my grandson, Robert R. [read post]
9 Jul 2012, 11:07 am
A trust can instead provide that assets remain in trust until a beneficiary reaches a certain age, accomplishes some goal or indefinitely. [read post]
4 Sep 2012, 11:58 am
The Grantor may terminate the trust or change the terms of the trust at any time. [read post]
25 Jun 2013, 10:08 pm
Problems may arise if the donor's involvement with the trust causes the value of the trust corpus to be included in his or her gross estate. [read post]
18 Jan 2021, 10:39 am
While creation of trusts involve several unfamiliar legal terms, the basic idea of a trust is to allow someone else to hold onto your property for the benefit of a third person. [read post]
11 Jan 2011, 1:20 pm
Trust assets can benefit several beneficiaries; a trust may help you avoid the probate process by funding the trust during your lifetime; and Florida trust funds can be managed by professionals. [read post]
6 Nov 2017, 9:00 am
In a recent article, we explained how Special Needs Trusts, also known as Supplemental Needs Trusts, can be used to allow individuals with disabilities to earn income, accumulate wealth, receive gifts and inheritances, and maintain a quality lifestyle while still qualifying for government benefits. [read post]
10 May 2021, 12:04 pm
Revocable and irrevocable trusts are the two main forms of trusts. [read post]
19 Apr 2013, 8:46 am
Every trust needs at least one trustee to administer the trust and to carry on its terms. [read post]
21 Feb 2016, 10:42 am by Scott C. Soady
If your estate plan includes a trust, it is important to transfer title to any any assets you wish to place in the trust. [read post]