answersLogoWhite

0

yes

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

How do you say 'blind trust' in French?

Blind trust is translated 'confiance aveugle' in French.


Is a blind trust the same as an irrevocable trust?

No, a blind trust and an irrevocable trust are not the same. A blind trust is a specific type of trust where the trustee manages the assets without the beneficiary's knowledge of the holdings or transactions, often used to avoid conflicts of interest. An irrevocable trust, on the other hand, is a trust that cannot be altered or revoked by the grantor once established, meaning that the assets are permanently transferred out of the grantor's control. While a blind trust can be irrevocable, not all irrevocable trusts are blind.


Can an irrevocable trust be changed or a new one created if never funded?

Can an irrevocable trust be changed or a new one created if never funded; without beneficiary consent?


When is a blind trust fund payable?

A "blind trust" is payable whenever the terms of the trust say it is payable. A "blind trust" has no features that are different than any other trust except for the fact that the beneficiaries are not allowed to see where the trust assets are invested or influence how they should be invested.


When is a trust considered funded?

A trust is considered funded when assets have been transferred into it, meaning legal ownership of the assets is formally changed to the trust. This can include various types of assets such as cash, real estate, stocks, or personal property. Proper funding is essential for the trust to operate as intended and to provide benefits to the beneficiaries. If a trust is not funded, it may not effectively carry out its purpose or provide the desired protections.


When is an inter vivos trust funded?

During the life of the trustor.


Can a home be sold if the decrease trust is not over with in probate court?

It all depends on what the documents state. I notice you said a Trust. Was this a grantor trust? was it completely funded with the grantor's (the deceased) assets? Is the home in the name of the trust. There may be a provision in the Trust, if the trust was the owner of the property, that allows the sale of the property with proceeds added to the residue of the trust. However, if the trust was not properly executed and funded and the property was still in the name of the decedent then you may have to wait until the probate process is over or meet with all heirs and your probate attorney as they can guide you through that process. Usually with a completely funded grantor trust the estate avoids the probate process and goes by the guidelines set forth by the trust, however it sounds as if this trust was not properly funded and the property was not placed in the trust.


Is a trust valid if never funded?

A trust can be considered valid even if it is never funded, as its validity typically depends on the proper creation and execution of the trust document according to state laws. However, an unfunded trust may not serve its intended purpose, as there are no assets to manage or distribute. To be effective, a trust should ideally be funded with assets during the grantor's lifetime or upon their death. Without funding, the trust may not provide the benefits it was designed to offer.


What actors and actresses appeared in Blind Trust - 2004?

The cast of Blind Trust - 2004 includes: Paul Faulkner Paul Hilts


How were the Virginia colonies funded?

i think by england. but don't trust me on that one.


Where can you buy a I AM BLIND collar for a blind dog?

In A Shop Or Dogs Trust :L


What type of business is Dogs Trust?

Dogs Trust is a canine rehoming/rescue centre which is funded entirely by donations.