The symbol for Blackrock Real Asset Equity Trust in the NYSE is: BCF.
There is a difference between something that is your asset and something that is not. Exemptions only apply to assets.Whether the realty trust is your asset depends on the trust instrument and your state law. In most cases, if the property was yours and you put it into a realty trust, and you are the trustee and the beneficiary of the trust, there is no legal trust, merely the form of a trust.If it is a true trust, then the question becomes, are you a/the beneficiary and what is your share of the value of the trust? That is an asset.If it is a true trust but it is a revocable trust so that you get the trust property on revocation, that will probably be an asset to you also.This is a complex area of law, and you really need to have an experienced trust/bankruptcy lawyer look everything over.
If the trust is revocable and one party is the trustee it is not a marital asset for division in a divorce proceeding
An asset protection trust is a trust which holds assets to protect them from creditors. It is used when one wishes to settle with creditors and protect his assets from seizure.
Get StartedThe Living Trust Revocation is a document used to revoke a living trust or joint living trust. The Revocation can be used to either dismantle the entire plan of using a revocable living trust or to revoke the "old" living trust in preparation for preparing and signing a "new" living trust. However, if a new living trust will be created, and if it will have the same number of grantors as the revoked living trust, consider amending and restating the existing living trust instead of revoking it. If the living trust is merely restated and not revoked/replaced, the assets already transferred to the living trust will remain in the living trust, avoiding the need to transfer each of them. (See this program's Living Trust or Joint Living Trust documents and select the option to "Amend" the Trust.)
Blackrock Real Asset Equity Trust (BCF)had its IPO in 2006.
As of July 2014, the market cap for Blackrock Real Asset Equity Trust (BCF) is $541,430,961.60.
The symbol for Western Asset Municipal Defined Opportunity Trust Inc in the NYSE is: MTT.
A living trust is simply a trust created by a living person. It is also known as an "inter vivos trust". That's Latin meaning a trust between living persons. Conversely, a trust created by someone in a will is called a testamentary trust.
A living trust is very similar to a living will. The living trust is created by the individual and outlines the wishes of that individual in regards to their assets.
The symbol for Western Asset Investment Grade Defined Opportunity Trust Inc. in the NYSE is: IGI.
No. Capital gain tax is a tax that is assessed when an asset is sold. The passing of an asset by inheritance (one received by the laws of intestacy when a decedent dies without a will) or an asset distributed from a trust does not constitute a sale; thus, the tax is not triggered. The tax is triggered when the property, inherited from a decedent or as a distribution from the trust, is sold. Assets owned by a decedent (or his revocable trust) get a new basis when the decedent dies, equal to the asset's value as of the date of death. If you sell the asset for more than the basis, then the tax is payable on the sale price, minus the basis. On the other hand, if an asset is owned by a trust, is sold by the trust, and proceeds are received by the trust, the trust must pay the capital gain tax.
The symbol for First Trust International Multi-Asset Diversified Income Index in NASDAQ is: YDIV.
Western Asset Municipal Defined Opportunity Trust Inc (MTT)had its IPO in 2009.
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If you are already writing a living will so you don't have to worry about your estate in the future it is a good idea to write a living trust as well. For more information about living trust http://www.legalzoom.com/living-trusts/living-trusts-overview.html and scroll down to where it talks about living trust.
As of July 2014, the market cap for Western Asset Municipal Defined Opportunity Trust Inc (MTT) is $271,237,565.44.
A living trust is similar to a living will. This is a common way of protecting assest from creditors.
Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI)had its IPO in 2009.
Depends on what type of living trust it is. The assets in aÊrevocable living trustÊareÊnotÊprotected from lawsuits, but the ones in an irrevocable living trust are. The only drawback with an irrevocable living trust is that the creator or owner will not be able to add or remove any assets in the trust during the entire validity period.
Income of a living trust is taxable to the trustees, if that's what you mean.
Not necessarily. Sometimes people have more than one living trust. It depends on what the new trust says and how your assets are titled. Consult an attorney.
As of July 2014, the market cap for First Trust International Multi-Asset Diversified Income Index (YDIV) is $10,845,043.38.
The symbol for First Trust Exchange-Traded Fund VI Multi-Asset Diversified In in NASDAQ is: MDIV.