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What else can I help you with?
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
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
Charitable Trust?
Charitable Trust(Download)The purpose for creating this trust is to promote ________________________________I, ___________, trustor, create a trust fund of the property listed in Schedule A attached and incorporated by this reference, which I have delivered today to ____________.I hereby give, transfer, and deliver the property described in Schedule A to the trustees in trust for the purposes stated.The name of this trust shall be the _____________.Trustor and Trustee, hereby agree as follows:TRANSFER OF CORPUSTrustor hereby gives and transfers to trustees the property described in the attached schedule together with its income and profits and any other sums that may be transferred to trustees or their successors pursuant to the terms of this agreement, to hold in trust for the uses and purposes set forth in this agreement.INVESTMENT AND APPLICATION OF TRUST FUND AND INCOMEThe trustees shall hold the trust fund and, in their discretion, invest it or parts of it in securities in which trustees are permitted to invest under applicable laws. The trustees from time to time in their own discretion may invest the income to the charitable uses and purposes described above solely by means of contributions to any charitable corporation, trust, community chest, fund, or foundation which at the time of the contribution by the trustees is one of those organizations described in the IRS Code of the United States, contributions to which are deductible for income tax purposes.Trustees shall make distributions at such times and in a manner as not to subject the trust to tax and shall not act in any self-dealing as described in Section 4941 of the Internal Revenue Code. Trustees shall not retain any excess business holdings as defined in Section 4943 of the Internal Revenue Code and shall not make any investments as defined in Section 4944 of the Internal Revenue Code nor make any taxable expenditure, which would subject the trust or corporate trustee to tax under Section 4945 of the Internal Revenue Code.RESTRICTIONS ON USE OF TRUST FUNDThe trust fund and the income of the trust fund shall be used only for the purposes described above and shall not be used to benefit or inure any private person or corporation, except for the corporate trustee. No part of this trust shall be used for political purposes.ADDITIONAL GIFTS TO FUNDAnyone from time to time may contribute to the trust corpus money or property to the trust, subject to the approval of the trustees.TRUSTEES ACTIONSThe trustees shall not be responsible for any error or decision which is absent of bad faith.TRUSTEES COMPENSATIONThe corporate trustee shall be reimbursed from time to time as decided by the trustor and be paid by the trust. All expenses incurred through the administration of the trust fund shall be paid by the Trustor. The individual trustees shall serve without compensation.DECISIONS OF THE TRUSTAny action by the trustees must be in writing and signed by a majority of the trustees and shall be filed with the corporate trustee.CONTROL OF FUNDSThe corporate trustee shall have exclusive custody of the securities, cash, and other property of the trust fund.SUCESSION OF TRUSTEESIn the case of a death or resignation of one of the trustees, the successor shall be appointed by the remaining trustees. The remaining trustees shall have full power to act under this agreement until a new trustee is appointed.GIFTS IRREVOCABLEGifts made into the trust under this agreement shall be irrevocable. If it is determined that this trust is not tax exempt after making contributions or gifts in the manner and to the extent provided by the Internal Revenue Code, then such gifts as remain in the fund shall be given to a qualified tax exempt charitable organization selected by trustees to best carry out the purpose of this trust. This trust shall thereupon terminate._____________________________TRUSTOR_____________________________TRUSTEECharitable TrustReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This is a standard charitable trust. Feel free to add or modify it as appropriate.1. Make multiple copies. Give one to each signatory. Keep one in your home safe. Put one in your home safe.
Can you grant yourself a mortgage with funds from your own drawdown pension as a way of buying an investment property?
No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.No. You cannot grant yourself a mortgage. There must be a separation of title.If you could create a trust to hold title to the real estate you may be able to borrow from your pension fund in the name of the trust. To create a trust you need to consult with an attorney. You may also be allowed to borrow money to purchase real estate from your pension fund. To find out whether you can borrow from your pension fund you need to ask the fund administrator.
What does upon trust mean in a will?
In a will, a trust is when one or more individuals hold the legal rights to the deceased's properties or anything of value. The trust is usually split between all those involved in the legal relationship.
Is illegal for legal guardians to take or hold childrens money if they want it and fairly earned it?
Yes, but they can't spend it, it has to go into a Trust Fund in your name. (The Coogan Act-1939)
What significance does the phrase "not one stone shall be left upon another" hold in the context of the destruction of the temple in Jerusalem?
The phrase "not one stone shall be left upon another" signifies the complete and utter destruction of the temple in Jerusalem. It emphasizes the severity and finality of the devastation that was prophesied to occur.
Who says this quote in romeo and Juliet He that shall lay hold of her shall have the chinks?
The Nurse
You can have me but cannot hold me?
trust
What does the term income fund mean?
An income fund is defined as a mutual fund that provides a form of income from the investments within the portfolio. This income is primarily in the form of dividends. The fund can hold stocks or bonds or a combination of the two.
Is a family trust prepared in Arkansas valid if your family and you change your legal residence to Texas?
You should make arrangements to have the trust reviewed by a Texas attorney who specializes in trust law. Especially if the trust will hold title to real property in Texas.You should make arrangements to have the trust reviewed by a Texas attorney who specializes in trust law. Especially if the trust will hold title to real property in Texas.You should make arrangements to have the trust reviewed by a Texas attorney who specializes in trust law. Especially if the trust will hold title to real property in Texas.You should make arrangements to have the trust reviewed by a Texas attorney who specializes in trust law. Especially if the trust will hold title to real property in Texas.
What does YWWSHH mean?
Your white wisdom shall hold hope
