0
You contact an attorney who specializes in trust law in your jurisdiction. Trust law is one of the most complex areas of law. Many professionals, both attorneys and Accountants, will offer to draft a trust. However, an improperly drafted trust will fail and have tax consequences and other consequences. The results can be disastrous. You need to consult an attorney who specializes in trust law and who has a good reputation in your community. It is best to consult one from a firm that specializes in trust law with a long-standing practice.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
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
If trustee of trust is not despensing trust fund what do you do?
sue
What is the symbol for First Trust Dividend and Income Fund in the NYSE?
The symbol for First Trust Dividend and Income Fund in the NYSE is: FAV.
What is the symbol for First Trust BICK Index Fund in NASDAQ?
The symbol for First Trust BICK Index Fund in NASDAQ is: BICK.
In what year did First Trust Energy Infrastructure Fund - FIF - have its IPO?
First Trust Energy Infrastructure Fund (FIF)had its IPO in 2011.
Can you grant yourself a mortgage with funds from your own drawdown pension as a way of buying an investment property?
No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.
Can you get a form online to create a legal trust fund in Texas?
There are several websites that offer information on legal trust funds in texas. These sites also offer printable versions of trust fund forms.
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.
