Dear Quentin, My husband of nine years refuses to make out a will or trust. I signed a prenuptial agreement — dumb, I know — ...
nearly all people set up a trust with a written contract called a trust agreement. The trust maker creating the trust will need to name a trustee (or trustees) in charge of the trust and the trust ...
An unfunded trust consists only of the trust agreement with no funding. Unfunded trusts can become funded upon the trustor’s death or remain unfunded. Since an unfunded trust exposes assets to ...
A pooled income trust can help you maintain your Medicaid eligibility while protecting your excess monthly income for essential expenses. You’ll work with a non-profit organization that manages the ...
is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren. They "skip" the next generation, the grantor's children. The assets ...
See below for links to the other articles in the series. An irrevocable trust agreement must be designed, drafted and implemented to deal with two primary categories of taxes: 1) transfer taxes ...
Funding a trust requires moving your assets into the trust’s name, which is necessary for the trust to operate effectively. The process for transferring assets varies depending on the type ...
A component of creating a trust, is naming trustees for the trust. They are given powers which include managing the trust and its assets. Trust ...