Currently viewing the tag: "trust assets"

In Trusts We Trust: Day 43

January 18, 2012 by

Purpose Trust Like an Incentive Trust, in a Purpose Trust, assets can be held in trust for a particular purpose, like paying for a person’s education. What separates a Purpose Trust from any other type of Trust arrangement is that the beneficiaries must adhere to specific requirements set out by the grantor in order to […]

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In Trusts We Trust: Day 36

January 9, 2012 by

Incentive Trusts, Day One What separates an Incentive Trust from any other type of Trust arrangement is that the beneficiaries must adhere to specific requirements set out by the grantor in order to receive assets from the trust. Sure, like all Trusts, an Incentive Trust is a legally-binding legal tool in which a designated trustee […]

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In Trusts We Trust: Day 27

December 26, 2011 by

Grantor Retained Income Trust (“GRIT”) As we continue on in our educational series on Trusts, today we cover Grantor Retained Income Trusts. A Grantor Retained Income Trust is a type of split-interest trust that can be used to move potential gain out of the grantor’s estate, thereby escaping higher taxes at time of death. On […]

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In Trusts We Trust: Day 9

November 25, 2011 by

Charitable Trusts, Day Four Two days ago we began covering Split-Interest Trusts: trusts that have both charitable and non-charitable beneficiaries.  These types of trusts are valuable for those who have both philanthropic and family needs to attend to; they both want and need to care for their family, but also want to take advantage of […]

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