Archive for September, 2007
Joe B asked:
this be in the trust name and paid from it? also, can a trust be sued? say someone is on the farm and gets hurt, can they sue the trust? thanks
what are the benefits to this? are there any benefits to doing a family trust for a farm?
Scottie Canepa
this be in the trust name and paid from it? also, can a trust be sued? say someone is on the farm and gets hurt, can they sue the trust? thanks
what are the benefits to this? are there any benefits to doing a family trust for a farm?
Scottie Canepa
dusty231082 asked:
Hi,
Hi,
I’m currently in the process buying into a consultancy as a director and wanting to know if a family trust would be suitable. If so, I’ll look at contacting a Lawyer for more info.
I’m mid 20′s with a fiancee, no kids and a house in Queensland. Is a family trust something I should be looking at? Has anyone had any bad experiences?
info info would be appreciated.
Thanks.
Barbara
Elaine asked:
his trust went into the family trust, now she is told, she can’t do what she wants with hers because it has to go into the family trust also, like if she sells her house, half if not all has to go into the family trust, is this true, it is what the lawyer tells her, but he has advised her to sell everything, does this sound right?
ok people, she doesnt want the trust money, she is freakin 80yrs old, she just wants to be able to do what she wants with her part, like leave some to the grandkids, church, etc. but they are telling her she can’t it all has to go into the family trust so the kids can fight about it when she dies, if that happens then one kid will walk away with it all since he is executer, she want’s to make it right for all the kids and grandkids, etc. does she have any rights, for gods sake she worked byside this man for 60 years and I mean worked, so by all rights she should be intitaled to half to do with what she wants. So how does she go about doing that, is there any loop holes are what? and quit implying she is some young gold digger. I would like some real solid advice from a law knowledgeable person please.
Dana
his trust went into the family trust, now she is told, she can’t do what she wants with hers because it has to go into the family trust also, like if she sells her house, half if not all has to go into the family trust, is this true, it is what the lawyer tells her, but he has advised her to sell everything, does this sound right?
ok people, she doesnt want the trust money, she is freakin 80yrs old, she just wants to be able to do what she wants with her part, like leave some to the grandkids, church, etc. but they are telling her she can’t it all has to go into the family trust so the kids can fight about it when she dies, if that happens then one kid will walk away with it all since he is executer, she want’s to make it right for all the kids and grandkids, etc. does she have any rights, for gods sake she worked byside this man for 60 years and I mean worked, so by all rights she should be intitaled to half to do with what she wants. So how does she go about doing that, is there any loop holes are what? and quit implying she is some young gold digger. I would like some real solid advice from a law knowledgeable person please.
Dana
txdude6 asked:
If I receive money from a deceased family members trust would it be subject to a federal tax? I believe Texas is one of the states that does not impose a inheritance tax..But would it federal?
Christy
If I receive money from a deceased family members trust would it be subject to a federal tax? I believe Texas is one of the states that does not impose a inheritance tax..But would it federal?
Christy