It depends on the type of trust and how it was set up. If it is irrevocable, it cannot be changed except by a court. The person that set the trust up may be able to make changes to it. In most cases the beneficiary will not be able to change it. In some trusts, there are clauses that allow for it to be dissolved if the trust meets certain requirements, or the beneficiary reaches a certain age.
It is certainly possible to steal a trust fund. It is normally done by the trustee and is a breach of fiduciary duty and could be a felony.
First, there is likely a criminal penalty and the minor can sue them for conversion of funds.
Unit Trust of India is a mutual fund. Its objective will vary depending on the scheme. Broader objectives is to float investment schemes for the benefit of the investors of different risk profile.
You will need the services of a financial adviser, an accountant or a solicitor. Be sure you get this professional advice so that the trust is set up as you need it to be. You can download a trust document from a legal services website, fill it out, and sign it in front of a notary. This immediately establishes the trust's existence. A tax ID number will also have to be assigned from the IRS.
As of may 2009 there are 38 asset management companies operating in india: 1 AIG Global Investment Group Mutual Fund 2 Baroda Pioneer Mutual Fund 3 Benchmark Mutual Fund 4 Bharti AXA Mutual Fund 5 Birla Sun Life Mutual Fund 6 Canara Robeco Mutual Fund 7 DBS Chola Mutual Fund 8 Deutsche Mutual Fund 9 DSP BlackRock Mutual Fund 10 Edelweiss Mutual Fund 11 Escorts Mutual Fund 12 Fidelity Mutual Fund 13 Fortis Mutual Fund 14 Franklin Templeton Mutual Fund 15 Goldman Sachs Mutual Fund 16 HDFC Mutual Fund 17 HSBC Mutual Fund 18 ICICI Prudential Mutual Fund 19 IDFC Mutual Fund 20 ING Mutual Fund 21 JM Financial Mutual Fund 22 JPMorgan Mutual Fund 23 Kotak Mahindra Mutual Fund 24 LIC Mutual Fund 25 Mirae Asset Mutual Fund 26 Morgan Stanley Mutual Fund 27 PRINCIPAL Mutual Fund 28 Quantum Mutual Fund 29 Reliance Mutual Fund 30 Religare AEGON Mutual Fund 31 Religare Mutual Fund 32 Sahara Mutual Fund 33 SBI Mutual Fund 34 Shinsei Mutual Fund 35 Sundaram BNP Paribas Mutual Fund 36 Tata Mutual Fund 37 Taurus Mutual Fund 38 UTI Mutual Fund
she is 5 8 in believe
Jane Coffin Childs Memorial Fund for Medical Research was created in 1937.
trust fund overage
"Fondo de fideicomiso" is "trust fund" in Spanish.
The state of California dept of Corrections DOES NOT have access to a prisoners trust fund. A trust fund is exempt.
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.
In your childs education trust.
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
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.
Social Security is the whole of the system. The Social Security Trust Fund represents that money that has been paid into the system, but has not yet been paid out, and since you can't just leave a big pot of money sitting out around politicians, they've since stolen and used to fund other government programs. Okay, "stolen" might be too harsh a word, but it's looking increasingly unlikely that they will ever be able to pay it back.
sue
If you derive income from a trust fund then you must declare that income on your tax return.
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.