Exemption Trust — A trust whose purpose is to drastically reduce or eliminate federal estate taxes for a married couple s estate. This type of estate plan sets up an irrevocable trust that will hold the assets of the first spouse to die. The amount will not be… … Investment dictionary
trust for bereaved minors — England, Wales A trust for the benefit of a person aged under 18, at least one of whose parents has died, and who will become absolutely entitled to the whole of the trust property on or before his 18th birthday (section 71A, Inheritance Tax Act… … Law dictionary
trust a for bereaved minor — England, Wales A trust for the benefit of a person aged under 18, at least one of whose parents has died, and who will become absolutely entitled to the whole of the trust property on or before his 18th birthday (section 71A, Inheritance Tax Act… … Law dictionary
trust — trustable, adj. trustability, n. truster, n. /trust/, n. 1. reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. 2. confident expectation of something; hope. 3. confidence in the certainty of future… … Universalium
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
Northern Trust Open — Los Angeles Open redirects here. For the tennis tournament, see Los Angeles Open (tennis). For the LPGA Tour event, see Los Angeles Open (LPGA Tour). Northern Trust Open Tournament information Location Pacific Palisades, California Unit … Wikipedia
Life insurance trust — A life insurance trust is a trust that is set up for the purpose of owning a life insurance policy. The idea is that if it is an ILIT, an irrevocable life insurance trust, that the trust itself is the policy holder and owner, the payer is the… … Wikipedia
Charitable trust — Wills, trusts and estates … Wikipedia
Homestead exemption in Florida — Homestead is given meaning in three different contexts under Florida law: 1. exemption from forced sale before and at death per Art. X, Section 4(a) (b) of the Florida Constitution [http://www.flsenate.gov/Statutes/index.cfm?Mode=Constitution… … Wikipedia
United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… … Wikipedia
