0
Trust law is extremely complicated and state laws vary. You should always consult with an attorney who specializes in trust law when contemplating a trust. Trusts must conform to IRS regulations and so a trust expert knows tax law also. A trust needs to be tailored to your particular needs and situation. An improperly drafted trust can be costly to fix later on and can only be fixed by a judge. You should arrange a consultation with a trust attorney.
Add your answer:
Earn +20 pts
What do you do if your name has been removed from a joint checking account without your consent?
Depends on what type of an account it was set up as. If you were a signer on an account, then most certainly the owner of the account can remove you. Same as applies to accounts set up under a trust. if it was a joint with right of surviorship, most institutions prefer to just close the account and reopen the account under the requestor. even if there is a divorce decree. or "death certifacte" Either way, if you were removed from the account without your consent, you should call your financial institution right away.
How do you set up a account on kidbiz300?
it help you to
Where can one set up a charity bank account?
Money can be donated to charity in many ways. You can set up a standing order direct from your account to pay regularly to your chosen charity. Contact the charity to ask for their account details then ask your bank to set up the order.
How to set up ntb account payment?
www.ntb.accountonline.com
How does a person go about setting up a savings account?
To set up a savings account a person needs to decide what bank they want to have the account set up at. Once the person knows which bank they want to use they must then go to that bank.
What is an fob trust?
FBO means "for benefit of." In banking, an FBO trust is an account typically set up as a donation account for the person whose name the account is in.
Can yourcharitable trust be used to pay the college tuition of your friend's son?
A simple trust for charity cannot pay for an indivduals education. A charitable remainder trust can pay the income beneficiary the income which would vover the education if karge enough. Normally these are set up to provide for children or grandchildren not freinds of grandchildren, so the quick answer is NO.
How do you put money that is your own in a bank account without using your own name?
You can put it into a trust account owned by an attorney; you can set up a trust of your own and open an account in the name of the trust, with a trustee's name; you can use the money to capitalize a new corporation of which you're the only shareholder and then deposit the money in the corporate account, among other ways.
To set up an email account you must?
to set up an email account you must
How do you protect an inheritance to your son from a present or future spouse or domestic partner?
You need to put the inheritance into a trust account--If you have children put the kids on the account. That is a very touchy issue.
What is required to leave a house in trust?
You have to have a trust (which can be set up in a will) and you have to identify what the trust is to be used for.
Can you set up a separate account before filing for divorce?
You can set up a separate account whenever you wish
Can you get a bank account without a job?
You can if you are 18 and your parent(s) set up an account with your name already and decided to give that trust fund over to you. Some parent(s) don't give that child anything. If you don't have a trust fund in your name then it is best to have a job. How are you going to fund that checking account without a job?
How do you set up Gmail at my samsung GT-3653W?
You can set up your Gmail account easily. The Gmail app can be installed on the phone. And in that app you can set up the account.
What exactly is the purpose of IRA funds?
IRA stands for Individual Retirement Account. It is a trust or an annuity set up to benefit a retiree and has significant tax advantages in the U.S.A.
How do you find if a trust fund still exists that your grandfather set up for you when you were born but you were never contacted when he died?
If your grandfather's estate was probated you could go to the court and examine the probate file. You should examine the inventory for bank accounts and also examine the will for any mention of accounts or trusts that were set up for grandchildren. However, a trust may not show up at all in the estate. Check with the attorney who handled the estate. You could also ask your parents if they remember any more details about the trust fund. If they know the name of the law firm that represented him in life, or his bank, perhaps someone there could help you. His attorney may have a copy of a trust instrument. If there was a trust fund set up then there was also a trustee.
How do you get to look up your account?
Go to the website for the company who has your account. There, you can register and set up an account and password for access to the account.
