Search for: "Children's Trust"
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27 Apr 2012, 12:07 pm
Some sales approaches include a hard and conclusive statement that seniors need to place their property into a living trust for their children to eliminate the probate process after their death. [read post]
24 May 2011, 10:54 am
Children who inherit under the wills of their parents or grandparents cannot legally receive the money until they reach the age of majority, so their funds are held in a trust until that time. [read post]
5 Aug 2016, 2:27 pm
The post Parents, Children, and Spendthrift Trusts appeared first on North Carolina Divorce Lawyers Blog. [read post]
15 May 2023, 8:19 am
This type of trust can be used to provide for minor children, as the assets held in the trust can be managed by a trustee until the children reach a certain age or milestone. [read post]
25 Sep 2019, 2:33 am
Kiplinger recently ran an article, How a Special Needs Trust for Your Child Can Fall Apart, which explains Parents of disabled children must juggle a lot of responsibilities: work, bills and of course caregiving. [read post]
18 Jan 2021, 10:39 am
For instance, you may have heard the term “trust fund baby” where wealthy parents have created a trust, managed by a bank or other financial professional, for their children to receive payments. [read post]
20 Feb 2014, 3:13 pm
It is unknown why the attorney did not insist that first the father create the trust and then fund it with the conveyances from his children. [read post]
31 Aug 2017, 12:05 pm
When you leave your children with a babysitter, you are placing a great deal of trust in the fact that they will be well taken care of. [read post]
31 Aug 2017, 12:05 pm
When you leave your children with a babysitter, you are placing a great deal of trust in the fact that they will be well taken care of. [read post]
29 Dec 2021, 3:51 am
Here’s why: You can protect assets passing to your spouse and children, providing protection for loved ones that they can’t put in place for themselves. [read post]
7 Apr 2011, 6:20 pm
In the State of Maryland, and Federal Law parents of a special needs child can set up a Supplemental (or a Special Needs) trust for their children which will not disqualify them from government benefits, such as Social Security and Medicaid. [read post]
3 Nov 2013, 10:00 pm
Because of this, trusts are excellent tools for parents who have young children. [read post]
15 Jun 2008, 8:21 pm
Example: Mark sets up a revocable trust, which states that on his death, his assets should be distributed to his children in equal shares. [read post]
3 Jul 2013, 6:00 am
Former Procter and Gamble chairman Edward Harness's three children are fighting over a multi- million dollar trust left to their mother who died in 2009. [read post]
29 Jun 2010, 11:29 am
Having a trust does not mean that you are rich or stuck up or that your children will become reality TV stars. [read post]
24 Jun 2021, 8:46 am
It is not uncommon for wealthy families to create trusts so that they can pass assets on to their children without facing significant tax penalties. [read post]
26 Dec 2016, 8:01 am
This permits the trust estate to be held as a single undivided fund to be used for the support and education of minor children according to their respective needs, with eventual division of the trust among the children when the youngest has reached a specified age. [read post]
4 Feb 2009, 1:46 am
Egan v Central Manchester and Manchester Children's University Hospitals NHS Trust Court of Appeal “Where a hospital employee was injured using a mechanical hoist to move a patient, the burden was on the employer to prove that it had taken appropriate steps to reduce any risk to the lowest reasonably practicable level. [read post]
1 May 2019, 12:57 pm
In this example, since Jane is putting up $750,000 towards the house, the trust can say that, following the deaths of both Jane and Alex, the remainder of the trust assets go 3/4 to Jane's children and 1/4 to Alex's children. [read post]
3 Nov 2022, 8:26 am
Protecting children - If you have minor children, you will need to use a will so that you can name the person you would prefer to become your children’s guardians. [read post]
