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What else can I help you with?
Can you sell your condo if it was paid for cash through an irrevocable trust?
Your answer may lie within the terms of the irrevocable trust. Otherwise, your attorney can help you answer your specific question.
Can a irrevocable trust be bonded by silver?
Yes, an irrevocable trust can hold silver or other tangible assets as part of its investment portfolio. However, the specific terms and conditions of the trust document must allow for such assets, and the trustee must manage them in accordance with the trust's objectives and applicable laws. It's essential to consult with a legal or financial advisor to ensure compliance and proper management of the assets within the trust.
Under what circumstances can the IRS seize an irrevocable trust?
The IRS can seize an irrevocable trust if the trust owes unpaid taxes and the assets within the trust are considered part of the taxpayer's overall assets.
Is a crummey trust an irrevocable trust?
Yes, a Crummey trust is a specific type of irrevocable trust commonly used in estate planning to take advantage of annual gift tax exclusion amounts. Beneficiaries of a Crummey trust have the right to withdraw gifts made to the trust within a certain period, after which the gifts become irrevocable.
To what angency and within what time period must a change of address be reported for driver licensing purposes?
Most states require a change to be done within 60 days of moving into that state. The agency that handles most changes is that states Department of Motor Vehicles. Best thing to do would be Google Department of Motor Vehicles for whatever state you are moving to.
What powers does an executor of an irrevocable trust have?
The power to execute the will of the Grantor for the uses and purposes and on the terms and conditions set forth within the Trust itself.
The monitors the sale and registration of vehicles and vessels within the state.?
The Division of Motor Vehicles
When you move to a new state how do you change your drivers license?
Most states require that you get a license in their state within 30 days of moving there. You will also have to register your vehicles.
The HSMV monitors the sale and registration of vehicles and vessels within the state?
The Division of Motor Vehicles
Can you move roth IRA investments you now have to a safer investment?
Yes. As long as you keep the investment within your ROTH, you are fine.
Are there any good investment advisors in Cleveland?
There are usually good investment advisors within every region of the country, especially large cities. Cleveland, specifically, has many reputable companies within its limits such as Investment Advisors International Inc. and Spero-Smith Investment Advisors, as well as multiple smaller-name companies.
Is an MT103 bank instructions irrevocable?
Yes, an MT103 bank instruction is generally considered irrevocable. Once an MT103 message is transmitted and accepted by the receiving bank, the instructions contained within it cannot be altered or canceled without the agreement of both parties. This characteristic provides a level of assurance to the beneficiary that the funds will be transferred as instructed.
