Wills, Trusts, and Estates, Volume 1 |
From inside the book
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Page 532
... settlor becomes the trustee of the trust property . In the trust instrument , the settlor should name a successor trustee to take over the trusteeship upon the settlor's death or incompetency . Where the trust is to end on the settlor's ...
... settlor becomes the trustee of the trust property . In the trust instrument , the settlor should name a successor trustee to take over the trusteeship upon the settlor's death or incompetency . Where the trust is to end on the settlor's ...
Page 547
... settlor has a significant voting interest , or ( 4 ) to reacquire the trust corpus . Any of these indicia of dominion and control may be sufficient to tax the settlor on the trust income . See Internal Revenue Code §675 . The category ...
... settlor has a significant voting interest , or ( 4 ) to reacquire the trust corpus . Any of these indicia of dominion and control may be sufficient to tax the settlor on the trust income . See Internal Revenue Code §675 . The category ...
Page 942
... settlor there can be no assurance that anyone else will receive anything in the form of a gift , and if the corpus should happen to be kept intact until the settlor's death , even though the transfer in trust was not subjected to a gift ...
... settlor there can be no assurance that anyone else will receive anything in the form of a gift , and if the corpus should happen to be kept intact until the settlor's death , even though the transfer in trust was not subjected to a gift ...
Contents
Societys Control | 1 |
Union National Bank | 20 |
Notes and Questions | 27 |
Copyright | |
47 other sections not shown
Common terms and phrases
A's children A's death adopted appeal apply attorney Bank beneficiary benefit bequeathed bequest Blackacre charitable child claim clause codicil common law community property constructive trust corpus court held created creditors cy pres daughter deceased decedent decedent's defendant determine devise disposition distribution doctrine donor elective share entitled estate tax evidence executed executor exercise fee simple fiduciary funds future interest gift tax grandchildren gross estate heirs husband income infra inheritance inter vivos trust intestacy investment issue joint tenancy lawyer living marriage Note plaintiff power of appointment predeceased principal problem purpose question reason residuary Restatement Second revocable trust revoke Rule against Perpetuities settlor special power spendthrift trust statute supra surviving spouse tenant termination testamentary testator's death testatrix transfer trial court trust assets trust instrument trust property Trusts Law Uniform Probate Code valid vested wife witnesses