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Yes, a trust can be modified or even revoked at any time under its terms. If it is a post mortem trust it can be modified by the trustees within the intent of the trust, provided it continues to benefit the same people.
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Can the terms of a trust fund be changed?
In some cases, the terms of a trust fund can be changed through a process called trust modification. This typically requires approval from all beneficiaries and/or a court order, depending on the specific circumstances and laws governing the trust. It is important to consult with a legal professional to understand the options available for modifying the terms of a trust fund.
What is real estate trust fund overage?
trust fund overage
What is 'trust fund' in Spanish?
"Fondo de fideicomiso" is "trust fund" in Spanish.
Does the state have access to a trust fund in prisoners name?
The state of California dept of Corrections DOES NOT have access to a prisoners trust fund. A trust fund is exempt.
Who pays for your pension for teamsters?
Usually there is a trust fund that a Teamster's pension is paid for. An example of this kind of a trust fund is The Teamsters Pension Trust Fund of Philadelphia and Vicinity.
What is the adult equivilant of a child trust fund?
College Trust FundThe College Trust Fund 529 Plan is the most popular and successful type of trust fund for adults trying to have money for college
Where can one find child trust fund comparisons?
One can find child trust fund comparisons from Kiss Trust and Trust Egg. One can also find child trust fund comparisons from Money Saving Expert and The Children's Mutual.
If trustee of trust is not despensing trust fund what do you do?
sue
Do i have to pay taxes on a trust fund?
If you derive income from a trust fund then you must declare that income on your tax return.
What if executor says there is nothing left in a trust fund?
Then there are no further assets to be distributed. The trust fund is a finite size and once it is gone the trust is closed.
Which countries have a government child trust fund?
The only country currently offering a government child trust fund is the United Kingdom. The child trust fund is a long term savings or investment account for children.
How can the word fund be used in a sentence?
We donated to the animal trust fund.
