Trust law is extremely complicated and state laws vary. You should always consult with an attorney who specializes in trust law when contemplating a trust. Trusts must conform to IRS regulations and so a trust expert knows tax law also. A trust needs to be tailored to your particular needs and situation. An improperly drafted trust can be costly to fix later on and can only be fixed by a judge. You should arrange a consultation with a trust attorney.
Depends on what type of an account it was set up as. If you were a signer on an account, then most certainly the owner of the account can remove you. Same as applies to accounts set up under a trust. if it was a joint with right of surviorship, most institutions prefer to just close the account and reopen the account under the requestor. even if there is a divorce decree. or "death certifacte" Either way, if you were removed from the account without your consent, you should call your financial institution right away.
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Money can be donated to charity in many ways. You can set up a standing order direct from your account to pay regularly to your chosen charity. Contact the charity to ask for their account details then ask your bank to set up the order.
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To set up a savings account a person needs to decide what bank they want to have the account set up at. Once the person knows which bank they want to use they must then go to that bank.
You can open a trust account at a bank or financial institution that offers trust services. These institutions have specialized departments that can help you set up and manage a trust account for your specific needs.
FBO means "for benefit of." In banking, an FBO trust is an account typically set up as a donation account for the person whose name the account is in.
A simple trust for charity cannot pay for an indivduals education. A charitable remainder trust can pay the income beneficiary the income which would vover the education if karge enough. Normally these are set up to provide for children or grandchildren not freinds of grandchildren, so the quick answer is NO.
You can put it into a trust account owned by an attorney; you can set up a trust of your own and open an account in the name of the trust, with a trustee's name; you can use the money to capitalize a new corporation of which you're the only shareholder and then deposit the money in the corporate account, among other ways.
You need to put the inheritance into a trust account--If you have children put the kids on the account. That is a very touchy issue.
You have to have a trust (which can be set up in a will) and you have to identify what the trust is to be used for.
You can set up a separate account whenever you wish
You can set up your Gmail account easily. The Gmail app can be installed on the phone. And in that app you can set up the account.
You can if you are 18 and your parent(s) set up an account with your name already and decided to give that trust fund over to you. Some parent(s) don't give that child anything. If you don't have a trust fund in your name then it is best to have a job. How are you going to fund that checking account without a job?
Go to the website for the company who has your account. There, you can register and set up an account and password for access to the account.
IRA stands for Individual Retirement Account. It is a trust or an annuity set up to benefit a retiree and has significant tax advantages in the U.S.A.
no you need to set up an account before you can use a gift card