Archive for September, 2007

If you do a family trust for a farm can the family trust have it’s own health and life insurance?

Sunday, September 16th, 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

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Family Trust. Should I or Shouldn’t I?

Wednesday, September 12th, 2007

dusty231082 asked: 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 [...]

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the wife has a trust, the husband has a trust and then there is the family trust, when the husband died all of

Wednesday, September 5th, 2007

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 [...]

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Question on a inheritance from a family members trust?

Saturday, September 1st, 2007

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

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