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How do you create a trust fund?
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.
What is a non revocable trust fund?
An irrevocable trust is one in which the settlor (or creator) of the trust does not retain any control of the trust, and thus the trust cannot be amended. The reason that an individual would chose to create an irrevocable rather than revocable trust is that the money cannot be touched by creditors or anyone else. There are also money-saving benefits to the creation of an irrevocable trust primarily relating to probate fees and taxes.
Where can one apply for a loan for home renovations?
One may apply for a loan for home renovations through their local banks. These include banks such as Scotia Bank, TD Canada Trust, Royal Bank or Bank Of Montreal.
Where can one get credit as a homeowner?
It is not clear if one is looking to become a homeowner and is looking for credit or if one is a homeowner and is looking for credit. If one is a homeowner and requires credit one can apply for a home equity loan where money is lent based on the equity in one's home. If one is looking to purchase a home and requires a home buyer loan these are available from local lenders such as Royal Bank, Scotiabank or TD Canada Trust.
How can I set up an educational trust?
To set up an educational trust, you need to create a legal document outlining the trust's purpose, appoint trustees to manage the trust, fund the trust with assets, and comply with relevant laws and regulations. It is advisable to seek legal advice to ensure the trust is properly established and managed.
Can there be more than one settlor of a trust?
Yes, a trust can have more than one settlor. Multiple individuals can create a trust together by contributing assets and agreeing to the terms and purpose of the trust.
What are some healthy refreshment drinks one can create at home?
There are many healthy refreshment drinks that one can create at home. Examples of healthy refreshment drinks one can create at home include smoothies and flavored water.
How do you create a trust that can receive assets?
The purpose of a trust IS to receive assets and hold them for the benefit of someone else. Trust law is one of the most complex areas of law. If you want to create a trust you should consult with an attorney who specializes in trust law and who has a good reputation in your community. She/he will review your situation, discuss your needs, evaluate the property you want to transfer to your trust and then draft a trust that will meet your needs.
How do you create a trust Is it created when the trust is funded money or title to property is delivere?
It depends on the creator of it. Some have it setup to create a trust on death...others have both. I have one trust I used more for investment reasons...but will have another that is death spefiic rollover only.... via a rollover will. The investment trust is the real trust, the created-by-death one will terminate immediately when it has zero assets. Ie; the death one wont exist till its funded at death. The other will already exiswted for variety of reasons.
Can you buy a home out of your special needs trust if you have nowhere to live but have plenty of money in trust to buy one?
I would imagine that you could. Contact the manager of your trust for his/her help.
How do you liquidate a deceased person's trust?
A trust account can be liquidated if the wording used to create the trust allows for its liquidation. The actions taken would be to sell the assets of the trust and distribute the cash to the beneficiaries of the trust. This again is only possible if the trust's creative wording allows or says it should be done. A trust is administered by a trustee appointed for its position by the will of trust or in the words used to create the trust.
How can one create graffiti supplies at home?
One can create graffiti supplies at home using a multitude of every day items such as spray paint, ink (which can be bought at craft shops), and markers.
How do you know he is the one?
his smile makes you feel like you're home
How do you know if you have ghosts of dead people at home?
You don't. Just trust me on this one, OK? No ghosts.
What are good resources online for create a home school curriculum?
There are several great sources online that show how to create a home school curriculum. One of these websites is homeschoolreviews.com.
How can one create hypochlorous acid at home?
To create hypochlorous acid at home, mix water with salt and vinegar in a spray bottle. This solution can be used as a disinfectant for surfaces.
What did John D. Rockefeller create in order to monopolize the oil industry?
Study Island: A Trust
