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  2. Crummey trust - Wikipedia

    en.wikipedia.org/wiki/Crummey_trust

    The trust beneficiaries are notified by the trustee that they have the power to withdraw some or all of the gift to the trust for a specified time period. The simultaneous acts of the grantor transferring property to the trust and the trust beneficiaries being permitted to withdraw the gift from the trust is deemed to be the same as giving the ...

  3. Beneficiary (trust) - Wikipedia

    en.wikipedia.org/wiki/Beneficiary_(trust)

    In trust law, a beneficiary (also known by the Law French terms cestui que use and cestui que trust), is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person , but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in ...

  4. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Qualified beneficiaries" are defined as a beneficiary who, on the date the beneficiary's qualification is determined: (A) is a distributee or permissible distributee of trust income or principal; (B) would become a distributee or permissible distributee of trust income or principal if a present distributees' interest ended on that date without ...

  5. What Do My Beneficiaries Need to Know About Trusts & Money? - AOL

    www.aol.com/does-beneficiary-money-trust...

    Can a Trustee Withhold Trust Funds From Beneficiaries? The simple answer is no. A trustee has a fiduciary responsibility to uphold the wishes of the grantor and the terms of the trust. Therefore ...

  6. What happens to your investment accounts after you die? - AOL

    www.aol.com/finance/what-happens-to-investment...

    The trust should name successor trustees, specify how assets should be invested and distributed, and include provisions for unexpected situations like a beneficiary becoming disabled. A properly ...

  7. Understanding Different Types of Trust Funds and How ... - AOL

    www.aol.com/news/understanding-different-types...

    When you hear the word "trust" in financial or business terms, you probably think of either Teddy Roosevelt or rich kids who drive Range Rovers in high school. The truth, however, is that trusts...

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