Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Pearls Before Swine

Does anyone knows how those trusts work?
1) Who will run the trust? Is the Trustee a Law firm, Corporation, or can it be a person?
2) What are the usual objects of the Trust? Can it be set up to fight Global warming, fund the DNC, or build/run orphanages?


49 posted on 08/19/2019 4:41:34 PM PDT by Steven Tyler
[ Post Reply | Private Reply | To 31 | View Replies ]


To: Steven Tyler

A trust can be administered by an individual.

The trust holds property for the benefit of benificiaries, usually individuals. But, it could funnel assets to some goal oriented foundation. On the other hand, that could also have been done directly by the will.

Without the text of the trust, it’s hard to guess where the estate will go.


50 posted on 08/19/2019 4:46:06 PM PDT by Pearls Before Swine
[ Post Reply | Private Reply | To 49 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson