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This is a RIC-E trust that involves a variable annuity. Devised by financial adviser Ric Edelman and generally administered by him and his office.

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13y ago

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Who owns the assets in a trust?

The trust owns the trust property and that property is managed by a trustee who carries out the provisions of the trust.


Can you put a CD in a trust?

Yes, you can put a CD in a trust by transferring ownership of the CD to the trust, which allows the trust to manage and distribute the CD according to the terms of the trust agreement.


Can you have a trust and file for bankruptcy?

You can have a trust and file for bankruptcy but the more important question is whether you should given what is in the trust, who transferred the assets into the trust and who is a beneficiary of the trust. If you have set up a trust and have irrevocably transferred all of your interest to assets to the trust then there may be questions of whether the transfers were proper and allowable under bankruptcy law. If you are a beneficiary of a trust the question becomes whether your beneficial interest in the trust is protected when you file for bankruptcy. This will depend on reviewing the facts of how the trust and reviewing the trust documents.


Definition and function of unit trust?

is an investment fund established under a trust deed whereby the trust sells units in the in the trust to investors.


Can one lose trust income if they remarry?

You need to review the terms of the trust. The trust is administered according to the provisions set forth in the instrument that created the trust.You need to review the terms of the trust. The trust is administered according to the provisions set forth in the instrument that created the trust.You need to review the terms of the trust. The trust is administered according to the provisions set forth in the instrument that created the trust.You need to review the terms of the trust. The trust is administered according to the provisions set forth in the instrument that created the trust.