Currently viewing the tag: "trustor"

In Trusts We Trust: Day 46

January 24, 2012 by

Resulting Trusts A Resulting Trust is an arrangement whereby one person holds property for the benefit of another. To understand a Resulting Trust, however, it is first essential to understand an Implied Trust. An Implied Trust is a Trust that arises by inference; the trustor’s intentions are speculated upon, and using the trustors conduct, actions, […]

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In Trusts We Trust: Day 39

January 13, 2012 by

Offshore Trust Offshore Trusts are also known as Asset Protection Trusts. These trusts are quite popular among the rich because they shield assets from creditors, from litigation, from bankruptcy and from divorce.  Many have been known to use them for tax evasion as well. When a person is really committed to personal privacy and asset […]

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In Trusts We Trust: Day 33

January 5, 2012 by

Implied Trust An Implied Trust is a Trust that arises by inference; the trustor’s intentions are speculated upon, and using the trustors conduct, actions, words, relationships, etc., a conclusion is drawn.  First, however, an intention on behalf of all concerned parties to create a Trust in the first place has to be reasonably proven to […]

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In Trusts We Trust: Day 32

January 3, 2012 by

New Year Recap For the past six weeks we’ve been delving deeply into the world of Trusts.  Stick with us in the New Year and you’ll be one of the smartest, most informed people you know! We’re continuing on where we left off; for the next few weeks we’ll continue the series.  In case you’re […]

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In Trusts We Trust: Day 26

December 23, 2011 by

Grantor Trusts, Day Two For the past twenty-four days, we’ve been covering Trusts. While there are hundreds of different techniques you could use to protect your assets, we believe that one of the most financially sound ways to protect your assets is by setting up a trust. Today we’re covering what is known as Grantor […]

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In Trusts We Trust: Day 25

December 22, 2011 by

Grantor Trusts, Day One For the past twenty-four days, we’ve been covering Trusts. While there are hundreds of different techniques you could use to protect your assets, starting at stashing your cash under the mattress, and moving on up, we believe that one of the most financially sound ways to protect your assets is by […]

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In Trusts We Trust: Day 3

November 17, 2011 by

Asset Protection Trusts, Part One These trusts are quite popular among the rich because they shield assets from creditors, from litigation, from bankruptcy and from divorce.  Many have been known to use them for tax evasion as well.  There are Foreign Asset Protection Trusts—think Switzerland, The Cook Islands, and Belize—and there are Domestic Asset Protection […]

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In Trusts We Trust

November 14, 2011 by

There are literally hundreds of different techniques to protect your assets, starting at stashing your cash under the mattress, and moving on up.  We believe that one of the most financially sound ways to protect your assets is by setting up a Trust. In short, a Trust is essentially a contract between the person who wishes to protect his assets—also known as […]

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