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Family Trust FAQ
Setting up a family trust requires several steps, but before you proceed you should know the answers to the frequently asked questions below. You should also make sure you understand the related laws of the state in which the trust is to be established. What is a trust? A trust is a legal entity that…
Read MoreLubbock man pleads guilty to gleaning money from family's trust
A trust fund administrator from Lubbock has pleaded guilty to a tax evasion charges for failing to report more than $200000 in income, some of which he gleaned from a trust he managed for a prominent family with large gas … Read more: Lubbock man pleads guilty to gleaning money from family’s trust
Read MoreJames Gandolfini died without a Family Trust | Alliance Trust Company
A family trust would have prevented this invasion of family privacy. The intentions expressed in a will, to a qualified estate planner, could have been met in a far more efficient manner than paying nearly 43% of his estate total … Read more: James Gandolfini died without a Family Trust | Alliance Trust Company
Read MoreChinese entrepreneurs turn to family trust funds to secure wealth
Chinese entrepreneurs are turning to family trust funds — an emerging financial product in China — to pass on their wealth to future generations beyond their immediate offspring, the Shanghai Securities News reports … Read more: Chinese entrepreneurs turn to family trust funds to secure wealth
Read MoreJames Gandolfini died without a Family Trust | Alliance Trust Company
A family trust would have prevented this invasion of family privacy. The intentions expressed in a will, to a qualified estate planner, could have been met in a far more efficient manner than paying nearly 43% of his estate total … Read more: James Gandolfini died without a Family Trust | Alliance Trust Company
Read MoreGreetland chef stole £9k from Mirfield-based Northorpe Hall Child and Family Trust
A chef siphoned off more than £9,000 from the charity where he worked via the debit card he was given to buy supplies. Lee McKone took cash for himself from the Northorpe Hall Child and Family trust based in Mirfield. The trust supports children's … Read more: Greetland chef stole £9k from Mirfield-based Northorpe Hall…
Read MoreObeid family's millions could be seized by NSW Crime Commission
There was evidence presented at the ICAC hearings that the Obeid family received funds from the family trust as “loans” instead of income. The NSW government has sought advice about whether it could be forced to approve the Mt Penny mine, even though … Read more: Obeid family’s millions could be seized by NSW Crime Commission
Read MoreGina 'using children's money'
Gina Rinehart is withholding hundreds of thousands of dollars in family trust payments meant to go to two of her children, court documents claim. She has told them she is using the money as security to repay her defence costs against their "malicious … Read more: Gina ‘using children’s money’
Read MoreObeids face seizure of their assets
The disbursements from the family trust were used for everyday expenses with the payments treated as loans, not taxable distributions. Family members admitted to an inability to repay the disbursements; one admitted to having no intention of repaying them … Read more: Obeids face seizure of their assets
Read MoreRobert Kraft's sons win sweet victory at Supreme Judicial Court
New England Patriots owner Robert Kraft. His sons won a victory in the Massachusetts SJC related to a family trust. Jon Chesto: Managing Editor, Print- Boston Business Journal: Email | Twitter | Google+. The sons of New England Patriots owner Robert … Read more: Robert Kraft’s sons win sweet victory at Supreme Judicial Court
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