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In the context of a living trust, the term "issue" refers to the direct descendants of an individual, typically including children, grandchildren, and sometimes further generations. It is used in legal documents to specify how the trust's assets should be distributed among these descendants after the trust creator's death. The term helps clarify the beneficiaries entitled to inherit from the trust, ensuring that the grantor's intentions regarding family inheritance are honored.
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What does the word issue in a trust mean?
If someone says they have a trust issue, they usually mean they have trouble trusting people for whatever reason. If you want them to trust you, you should ask them why they have a trust issues, just so you can understand the situation better.
Do you capitalize the word trust when referring to a revocable living trust in the general sense?
No. You only need to capitalize the word "trust" or "trustees" when you are referring to the specific trust. For example: As referenced in the John Doe Revocable Living Trust. John Doe, as Trustee for the John Doe Revocable Living Trust. However, if you are simply refering to the trust, you do not need to capitalize the word trust. The above-mentioned trust contains limited authority for the trustees.
How to properly name a living trust?
To properly name a living trust, you should include your name, the word "trust," and the date it was created. For example, "John Smith Living Trust, created on January 1, 2022."
What does 'she is as good as her word' mean?
It means you can trust her. Her word is good.
What does the word treysta mean?
Trust, Strengthen and Reinforce
What does the word famo mean?
peace trust and violence
What does the word revocable mean when a living trust is set up that way?
It means that the trustor, or maker of the trust, retained the right to terminate the trust and recover the trust property. That type of trust has tax consequences for the trustor and may leave the property exposed to creditors. An irrevocable trust takes all power over the property out of the trustor's control and out of her/his estate.
How do you write the word trust in Korean writing?
The word 'trust' may be either 신뢰 (sinroe) or 신임 (sinim) in Korean.믿음 (mid-oom) can mean 'trust' too
What is a word meaning barley made a living?
if you mean "barely made a living', the word you are looking for is "eked out a living"
What is a person assurance that you will keep a comitment?
You must build trust , By living up to your word.
What does the Greek word pisteuon mean?
Pisteuo is a Greek word whose meaning is to trust.
What does root word fide mean?
The root word fide means faith, trust.
