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What is fiduciary fund?
A fiduciary fund is used to account for funds or assets that are held in trust by the government. These funds or assets are held for individuals or other entities.
What does ETF stand for?
Electronic Funds Transfers Try again- ETF, not EFT Exchange Traded Fund
If money from a trust fund has been spent would you still be able to locate the trust if so how do you go about collecting funds from said trust or can you?
You would need to review the document that created the trust to find the identity of the trustee and then contact the trustee. You can collect funds from the trust only if the trust document names you as a beneficiary.
Do trust funds run out of money?
Yes, trust funds can run out of money; they can also last indefinitely, depending upon how they are managed and how they are set up. Nobel Prizes are paid for by a trust fund set up by Alfred Nobel; there is no expectation that the fund will run out and that the prizes will cease to be awarded. But funds have to be invested, and investments can do well or badly. And even if the money in a trust fund was invested wisely, that money can still be spent. For example, trust funds are often used to safeguard money for the benefit of people who are not yet adults and who cannot be trusted to spend their money wisely while they are still minors. But once they become adults (or when they reach whatever age is specified by the terms of the trust fund) they then have access to that money and can spend it. And if they can spend it, they can use it up. Of course, you could also devise a fund that only pays the interest on the fund, and never pays out the principal. That kind of fund can potentially last a long time, but again, only if the investment decisions are wise.
Name different categories of funds?
Some fund categories are: * Equity funds * Debt funds * Hedge funds * Fund of funds etc...
What is the plural of trust funds?
Trust Funds, is the plural of trust fund. "Trust funds" is already plural.
What is fund utilization in banking system?
Fund utilization is when the use of funds is governed by the fund authority for the specified fund type, or in the case of trust funds for the specified account. Managers are responsible for understanding the restrictions on use for all fund types, and for any trust account utilized by the department.
What is fiduciary fund?
A fiduciary fund is used to account for funds or assets that are held in trust by the government. These funds or assets are held for individuals or other entities.
What are intragovernmental holdings?
Intragovernmental Holdings are Government Account Series (GAS) securities held by government trust funds, revolving funds and special funds; plus Federal Financing Bank securities. The Intragovernmental Holdings are primarily composed of the Medicare Trust Fund and Social Security Trust Fund.
How does dogs trust make money?
If you mean a 'trust fund' for a dog, then obviously when the dog gets older, they will get permission to use the funds saved up in the trust fund. Although, the ability for the dog to be able to use said funds would be questioned.
How do you establish a training or educational trust fund to be managed by a board of trustees?
Trust funds are set up by lawyers.
What was the first year that congress took funds from the social security trust fund?
1987
how do i get a hold of my trust fund?
depending on your age and why you need the funds its restricted to certain uses
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 does ETF stand for?
Electronic Funds Transfers Try again- ETF, not EFT Exchange Traded Fund
Is a trust funded by life insurance policy after death of trustor?
A life insurance policy is an excellent way to fund a trust. Any way of placing necessary funds into the trust are acceptable. If you have cash and wish to fund it with cash this is fine. Life insurance is a good way to fund a trust because you can pay premiums and be assured that the money will be there when you die to fund a trust that you want to set up for someone.
If money from a trust fund has been spent would you still be able to locate the trust if so how do you go about collecting funds from said trust or can you?
You would need to review the document that created the trust to find the identity of the trustee and then contact the trustee. You can collect funds from the trust only if the trust document names you as a beneficiary.
