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11 Dec 2021, 3:17 am
However, the proceeds are still available to provide liquidity to pay taxes, equalize inheritances, fund buy-sell agreements, or provide an inheritance. [read post]
24 May 2018, 2:00 am
Most commonly, the trust is funded by parents or another family member. [read post]
14 Mar 2014, 9:00 am
What does it mean to be in a position of trust and confidence? [read post]
24 Feb 2008, 10:52 am
However, the potential problems outlined in his post can be negated by simply funding your trust. [read post]
1 Sep 2014, 8:00 am
Soled (Rutgers University), Dena Wolf (Independent) and Nathan Arnell (Independent) published an article entitled, Funding Marital Trusts: Mistakes and Their Consequences, Real Property, Probate and Trust Law Journal, Vol. 31. [read post]
25 May 2011, 6:00 am
A Beneficiary Defective Inheritor’s Trust, or B-DIT, allows a beneficiary to fund his or her own spendthrift trust, while shielding the trust assets from creditors at the same time. [read post]
16 May 2018, 10:00 pm
The second mistake with the use of trusts is not funding the trust properly. [read post]
6 May 2014, 6:00 pm
Supplemental Needs Trusts are funded with the assets of a third party for the benefit of a disabled individual and should be carefully... [read post]
19 Jan 2012, 4:00 pm
They can also borrow money to help fund the assets of the trust. [read post]
8 Oct 2007, 4:48 pm
I should point out that California Probate Code §17200(b)(7) permits a living trust beneficiary to seek a court order requiring the trustee to report and account for his activities with the trust funds. [read post]
26 Jan 2008, 6:00 pm
First, what is a trust fund recovery penalty? [read post]
29 Jul 2009, 5:18 am
This testimony by the Government Accountability Office (GAO-09-893T) dated July 15, 2009 states: GAO identified a number of options that could generate revenue for a clean water trust fund, but several obstacles will have to be overcome in implementing these options, and it may be difficult to generate $10 billion from any one option alone. [read post]
20 Apr 2018, 7:31 am
The trial court incorrectly determined that because the parties had used the trust accounts as marital funds, the funds had “taken on the nature of a marital asset” and awarded the trust funds to the wife. [read post]
17 Jan 2023, 6:24 am
With a revocable living trust, the grantor is able to retain control over all aspects of the trust, including how it is funded and what happens when they pass away. [read post]
24 Jan 2014, 6:12 am
An Indiana attorney had a trust account, an operating account and an account to hold funds to satify tax obligations. [read post]
16 Apr 2019, 9:30 am
To do this, you fund the trust, and you name a trustee to act as the administrator after you are gone. [read post]
25 Feb 2010, 11:17 am
One issue of concern is that the support trust requires the trustee to distribute funds for support. [read post]
25 Feb 2010, 11:17 am
One issue of concern is that the support trust requires the trustee to distribute funds for support. [read post]
6 Sep 2016, 11:32 am
By Susan Beck As more eyes focus in on how lawyers use trust accounts to handle client funds, a rare prosecution of a lawyer for improperly filtering large sums through such an account is set to take place today. [read post]
11 Aug 2009, 7:12 am
The trust and the trustees appealed from the New Jersey divorce judge's ruling that $50,000 of the trust's funds be turned over to the County Probation Services Division toward defendant's support arrears. [read post]
