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17 Feb 2017, 8:19 am
In this case, the law protects creditors who have a claim at the time the trust is funded. [read post]
11 Dec 2008, 4:25 pm
In IR-2008-135, issued on Dec. 1, 2008, the IRS announced its institution of a 2 year test of the post-Appeals mediation and arbitration procedures for Offers in Compromise (OIC) and Trust Fund Recovery Penalties (TFRP). [read post]
25 Jul 2022, 11:49 am
Irrevocable Trust Basics To establish an irrevocable trust, the trust creator, referred to as the “grantor,” establishes the trusts and funds it by placing assets into it. [read post]
18 Mar 2015, 8:00 am
Third-Party Special Needs Trusts A Third-Party Special Needs Trust is funded with assets owned by a third party. [read post]
1 Nov 2017, 8:04 am
Trust funds may NOT be used for food, shelter, property taxes, fuel, or utilities. [read post]
24 Dec 2017, 9:12 am
Funding Your Trust Once you have created a living trust, you need to appropriately fund it. [read post]
28 Apr 2008, 3:52 pm
Judge David Miller ruled last week that the Engle Trust Fund with over 600 Million dollars will be eligible for smokers to claim beginning on April 25, 2008. [read post]
12 Jul 2022, 6:30 am
You have to fund your trust by transferring ownership of your assets from your name to the name of the trust. [read post]
30 Nov 2022, 11:18 am
The trust beneficiaries: The recipients of the funds from the trust. [read post]
2 Apr 2019, 4:01 pm
The funds can’t be attached by the spouse of a child. [read post]
2 Apr 2019, 4:01 pm
The funds can’t be attached by the spouse of a child. [read post]
1 May 2017, 2:00 am
In addition, you decide how and when the trust will be funded and who the trustee will be to manage the funds on behalf of your pet. [read post]
1 May 2017, 2:00 am
In addition, you decide how and when the trust will be funded and who the trustee will be to manage the funds on behalf of your pet. [read post]
11 Dec 2022, 7:39 pm
Special needs trusts can be funded through gifts and inheritances or a lump-sum settlement. [read post]
9 Sep 2021, 4:08 pm
The lease has to be for fair market rent, and if the grantor is paying rent to his or her own children, the rent will be another way of transferring funds out of the estate to them. [read post]
10 May 2023, 10:37 am
However, a trust not only designates who may benefit from the funds or resources in the trust but addresses situations of incapacity, such as strokes, dementia, or Alzheimer’s. [read post]
22 Nov 2011, 9:24 am
Connecticut Retirement Plans and Trust Funds v. [read post]
24 Jun 2010, 8:56 am
The value of setting up the BP Oil Spill fund as a 468b trust is that it would allow the trustee, Kenneth Feinberg, to have the authority to sign off on non-qualified structured settlements that would allow claimants from the Gulf Coast area to take their payments over a period of time, thus smoothing out the cash flow and reducing the tax hit from being pushed into the highest tax brackets as a result of a one time check. [read post]
1 Mar 2023, 12:10 pm
Gunther, a German Shepherd who is undoubtedly the world’s wealthiest dog, woofs down a purported trust fund in excess of $400 million that finances an absurd life of luxury. [read post]
14 Mar 2023, 5:42 am
As the recent meltdowns of the Silicon Valley Bank and Signature Bank remind lawyers, even a bank may not always be a secure repository for client funds. [read post]
