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Trust Agreement
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Trust Agreement for Minor Qualifying for Annual Gift-Tax Exclusion with Multiple Trusts for Children
$14.99
$14.99
From:
William Glover
Document Overview:
Gifts in trust to minors are quite common, both as a means of building up a child's estate and as a way to minimize federal gift, income, and estate taxes payable by the trustor or the trustor's estate. A carefully drafted minor's trust can provide competent management of the property on the minor's behalf, while avoiding any problem of the minor's disability to act with respect to that property. Such a trust can effect substantial tax savings for the trustor-donor while regulating distribution of the trust income and principal in keeping with the needs of the minor
Trust Agreement for Minor Qualifying for Annual Gift-Tax Exclusion with Beneficiary having Option to Continue Trust Past Age 21; Income must be Paid to Beneficiary after Age 21
$14.99
$14.99
From:
William Glover
Document Overview:
Gifts in trust to minors are quite common, both as a means of building up a child's estate and as a way to minimize federal gift, income, and estate taxes payable by the trustor or the trustor's estate. A carefully drafted minor's trust can provide competent management of the property on the minor's behalf, while avoiding any problem of the minor's disability to act with respect to that property. Such a trust can effect substantial tax savings for the trustor-donor while regulating distribution of the trust income and principal in keeping with the needs of the minor
Trust Agreement for Minor Qualifying for Annual Gift-Tax Exclusion with Beneficiary having Option to Continue Trust Past Age 21
$14.99
$14.99
From:
William Glover
Document Overview:
Gifts in trust to minors are quite common, both as a means of building up a child's estate and as a way to minimize federal gift, income, and estate taxes payable by the trustor or the estate of trustor. A carefully drafted minor's trust can provide competent management of the property on the minor's behalf, while avoiding any problem of the minor's disability to act with respect to that property. Such a trust can effect substantial tax savings for the trustor-donor while regulating distribution of the trust income and principal in keeping with the needs of the minor.
Declaration of Nominee Trust
$14.99
$14.99
From:
William Glover
Document Overview:
Nominee trusts are used typically when the beneficiaries are: (i) a group of widely scattered heirs or other tenants in common who have selected one of their number or their attorney to deal with the property, (ii) a partnership with a complex structure of general partners, including possibly foreign corporations, or (iii) an individual or corporation having diverse business or investment interests with need for the nominee to serve as one of several “hats.” Since it is not necessary to record a designation of beneficiaries, a nominee trust may serve the sometimes dubious purpose of concealing the identity of the true owners. The usual purpose, however, is simply convenience and ease of dealing with record title and property management when there are multiple owners.
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