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Generally no. A beneficiary's interest in a trust created by someone else would not be marital property. A grantor's interest in a trust that is revocable should be the same character as if the trust did not exist.
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∙ 15y ago
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Can I sue for my husbands trust fund during the divorce?
That is a complicated issue and the court may take a trust fund into consideration when dividing marital property depending on the state laws and the judge. You need to discuss it with the attorney who will represent you in the divorce. You should choose a skilled attorney who will know how to get the trust fund brought into the negotiations, if it is at all possible.That is a complicated issue and the court may take a trust fund into consideration when dividing marital property depending on the state laws and the judge. You need to discuss it with the attorney who will represent you in the divorce. You should choose a skilled attorney who will know how to get the trust fund brought into the negotiations, if it is at all possible.That is a complicated issue and the court may take a trust fund into consideration when dividing marital property depending on the state laws and the judge. You need to discuss it with the attorney who will represent you in the divorce. You should choose a skilled attorney who will know how to get the trust fund brought into the negotiations, if it is at all possible.That is a complicated issue and the court may take a trust fund into consideration when dividing marital property depending on the state laws and the judge. You need to discuss it with the attorney who will represent you in the divorce. You should choose a skilled attorney who will know how to get the trust fund brought into the negotiations, if it is at all possible.
Is it legal to transfer property i have in my name to my children's name in form of a trust fund?
yes
What is a trust fund or program?
A trust is a document describing what you want to be done with the property you hold in the trust when you die. More information at http://www.dummies.com/how-to/content/what-is-a-trust.html
How can i get access to a trust fund?
You cannot get access to a trust fund. A trust is managed by a trustee and the trustee is the only person with the authority to access the trust property. The trustee must manage the trust according to the provisions set forth in the trust document. If you are a beneficiary of the trust you should ask the trustee for a copy so that you can review the terms.
Is your 401K your property or joint property in divorce in Minnesota?
Generally, your 401K is considered marital property in Minnesota. You can read more about marital assets and divorce in Minnesota at the related link.Generally, your 401K is considered marital property in Minnesota. You can read more about marital assets and divorce in Minnesota at the related link.Generally, your 401K is considered marital property in Minnesota. You can read more about marital assets and divorce in Minnesota at the related link.Generally, your 401K is considered marital property in Minnesota. You can read more about marital assets and divorce in Minnesota at the related link.
What is real estate trust fund overage?
trust fund overage
Can you leave your share in ownership of community property to your adult children by Will in New Hampshire?
Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.
What is 'trust fund' in Spanish?
"Fondo de fideicomiso" is "trust fund" in Spanish.
Recently my father died and left a trust fund to me and my 2 siblings. can one sibling invest the enitre trust fund without the consent of the others. why or why not?
You need to review the document that created the trust to determine what can and cannot be done with the trust property and who can do it. A trust is managed by a trustee. The trust document will tell you the identity of the trustee and will also set forth all the powers of the trustee.
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.
Is a car in nc considered community property?
No but in the case of divorce it may be considered marital property.No but in the case of divorce it may be considered marital property.No but in the case of divorce it may be considered marital property.No but in the case of divorce it may be considered marital property.
Is a trust considered a marital asset in a divorce action?
If the trust is revocable and one party is the trustee it is not a marital asset for division in a divorce proceeding
