A Settlor has no rights or beneficial interest in the Trust. The Compliance Overseer can be the trustee (as long as he/she is not the Settlor of the trust). The Compliance Overseer can appoint another party to be the trustee; however, the Compliance Overseer can still replace the trustee that he/she has appointed.
SAVE MONEY EASILY 1099 Income Business Trust, Investments Beneficial Trust Why a Spendthrift Trust Save Federal Taxes, Complete Privacy, under contract law, Pay No Judgement when sued Why a Trust Specialized Copyrighted Trusts are specially designed for those clients who have assets and things to protect, either now or in the future, and to protect […]
Beneficial Trusts Primary Residence/Rental Property Expenses Mortgage payments Utilities Property insurance Property taxes Repairs & maintenance Minors, Underage & Incapacitated Beneficiaries Food & Clothing Automobiles, R.V.’s & Motorcycles Car payments Insurance payments Gas Repairs & Maintenance (tires, smog, car wash) Registration Miscellaneous Legal Services Health insurance Wellness/alternative medicine Travel expenses Accounting & tax preparation Education […]