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Subject / Started by	Replies / Views	Last post
As of 2016, in order not to pay gift tax on those gifts that do not quality or are in excess of the ... Started by tiffannnnyyyyyy	3 Replies 91 Views	Mar 2, 2019 by katara
This type of trust involves the trustor opening of a savings account in which the trustee makes ... Started by berenicecastro	1 Replies 72 Views	Mar 2, 2019 by emily12345
Example, Mike Smith creates a trust for the benefit of Habitat for Humanity in which all of the ... Started by ereecah	3 Replies 71 Views	Mar 2, 2019 by Dinolord
Example: Let's visit Donald and Margie Rivers. They have a combined wealth of $13 million. In ... Started by savannahhooper	1 Replies 43 Views	Mar 2, 2019 by ky860224
Pick two of the different types of trusts discussed in this chapter, and write a mini scenario in ... Started by Davideckstein7	3 Replies 100 Views	Mar 2, 2019 by CharlieArnold
List the different ways a trust can be terminated. Started by jace	1 Replies 84 Views	Mar 2, 2019 by ntsoane kedibone
List four reasons why a trust will fail. Started by abern	3 Replies 89 Views	Mar 2, 2019 by FergA
Many terms have two different names for the same item. Match up the terminology in the left column ... Started by CQXA	1 Replies 61 Views	Mar 2, 2019 by dellikani2015
A ________ trust arises when a person has title to property, or takes possession of property under ... Started by dollx	3 Replies 105 Views	Mar 2, 2019 by macagn
If there is more than one beneficiary to the trust, they will hold the equitable title as tenants in ________. Started by haleyc112	1 Replies 66 Views	Mar 2, 2019 by joneynes
The trustee holds the legal title to the property, the beneficiaries hold the ________ title, ... Started by P68T	3 Replies 75 Views	Mar 2, 2019 by Edwyer
Trust property can be real or ________ property. Started by kshipps	1 Replies 89 Views	Mar 2, 2019 by akemokai
A trustee is given the ________ title to the property, and is the legal owner of the property. Started by brutforce	3 Replies 217 Views	Mar 2, 2019 by Melissahxx
If a trust does not have all five elements to make the trust valid, the trust will fail and property ... Started by sabina	1 Replies 104 Views	Mar 2, 2019 by nguyenhoanhat
A ________ is essentially a contract between the trustor and the trustee in which the trustee agrees ... Started by maychende	3 Replies 91 Views	Mar 2, 2019 by heinisk01
A trust does not have to be named, but giving it a name ensures that the trust is distinguishable ... Started by Pea0909berry	1 Replies 48 Views	Mar 2, 2019 by aidanmbrowne
There is only one way to terminate a trust and that occurs when the trust has been fulfilled. Started by lunatika	3 Replies 57 Views	Mar 2, 2019 by Natalie4ever
Trusts are natural vehicles to provide education to their children or grandchildren because the ... Started by abern	1 Replies 56 Views	Mar 2, 2019 by xiaomengxian
Even if a trustee breaches his or her duty, they can't be removed from their position. Started by wenmo	3 Replies 114 Views	Mar 2, 2019 by hanadaa
It is a duty, as a trustee, to keep all current beneficiaries informed concerning the administration ... Started by Pineappleeh	1 Replies 59 Views	Mar 2, 2019 by JCABRERA33
A trustor can be a corporation. Started by londonang	3 Replies 44 Views	Mar 2, 2019 by vseab
The five elements that are required for a valid trust are: a trustor, a trustee, trust property, ... Started by maychende	1 Replies 89 Views	Mar 2, 2019 by parker125
Trusts can only be created as a stand-alone document. Started by jerry coleman	3 Replies 52 Views	Mar 2, 2019 by bigcheese9
Having a high degree of good faith, loyalty, and care in the management of his or her duties is one ... Started by Arii_bell	1 Replies 69 Views	Mar 2, 2019 by amit
Trusts must be witnessed by how many witnesses? Started by kamilo84	3 Replies 81 Views	Mar 2, 2019 by billybob123

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