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Can a trust with no cash get a loan on the trust property value to pay for burial and other related expenses?
Wiki User
∙ 10y ago
The authority to borrow money must be granted in the trust document. You need to review it.
The authority to borrow money must be granted in the trust document. You need to review it.
The authority to borrow money must be granted in the trust document. You need to review it.
The authority to borrow money must be granted in the trust document. You need to review it.
Wiki User
∙ 10y ago
Wiki User
∙ 10y agoThe authority to borrow money must be granted in the trust document. You need to review it.
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If you are engaged to be married and your name is not on the deed or mo rtgage what rights do you have living in the property?
You hve no rights in the property. On the other hand, you have no obligation to pay the mortgage or other expenses related to the home.
What is the difference between miscellaneous expense and other expenses?
Miscellaneous expenses means small sundry expenses of business while other expenses means expenses which are not directly related to the primary operations of business.
This is a property of a material which is not related to its ability to react with other materials?
A physical property.
What goes on a income statement?
income statement includes expenses and incomes related to that specific single fiscal year for which that income statement is prepared. It is to clarify that only income and expenses related to that specific period is included and not for any other fiscal year.
What come under administration expenses in financial statements?
All administration related items included in it like administration staff salaries and other day to day expenses.
Does Medicaid pay for cremation?
dose medicare cover any funeral expenses? no
Which section of responsible for handling claims related to property damage injuries or fatalities at the incident?
is responsible for handling claims related to property damage, injuries or other fatalities at the incident
What other living expenses are there other than rent and food?
The living expenses varies between persons. Typically some other living expenses other than rent and food are electricity, gas and water and sewer expenses.
How are accumulated depreciation and depreciation related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
Where does travel go on income statement?
Travel expenses are expenses as all other normal business expenses and as all other business expenses are part of income statement traveling expenses are also part of income statement.
How are accumulated depreciation and depreciation expensese related?
Accumulated depreciation and depreciation are related with each other as depreciation is annual expense while accumulated depreciation is the sum of all annual depreciation expenses.
Father purchased a home for daughter with title and mortgage in his name. Daughter paid the mortgage for 20 of the 30 year mortgage. Can the father just throw her out of the house?
The property legally belongs to the father. The daughter must consult with an attorney who can review her situation and explain her options. She must bring the proof that she paid the mortgage. The only way for her to get title to the property would be to sue her father and let the court decide if she has a legitimate claim to the property. It should be noted that there were other expenses associated with the premises that her father must have paid such as taxes, insurance, utilities, upkeep and maintenance. The court will take all those expenses, and who paid them, into consideration.The property legally belongs to the father. The daughter must consult with an attorney who can review her situation and explain her options. She must bring the proof that she paid the mortgage. The only way for her to get title to the property would be to sue her father and let the court decide if she has a legitimate claim to the property. It should be noted that there were other expenses associated with the premises that her father must have paid such as taxes, insurance, utilities, upkeep and maintenance. The court will take all those expenses, and who paid them, into consideration.The property legally belongs to the father. The daughter must consult with an attorney who can review her situation and explain her options. She must bring the proof that she paid the mortgage. The only way for her to get title to the property would be to sue her father and let the court decide if she has a legitimate claim to the property. It should be noted that there were other expenses associated with the premises that her father must have paid such as taxes, insurance, utilities, upkeep and maintenance. The court will take all those expenses, and who paid them, into consideration.The property legally belongs to the father. The daughter must consult with an attorney who can review her situation and explain her options. She must bring the proof that she paid the mortgage. The only way for her to get title to the property would be to sue her father and let the court decide if she has a legitimate claim to the property. It should be noted that there were other expenses associated with the premises that her father must have paid such as taxes, insurance, utilities, upkeep and maintenance. The court will take all those expenses, and who paid them, into consideration.
