enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Estates and Wills: Should You Set Up a Revocable or ... - AOL

    www.aol.com/estates-wills-set-revocable...

    Upon the grantor’s death, a revocable trust becomes irrevocable and cannot be changed by the trustee or any other party. Irrevocable trusts cannot be changed easily by any party, including the ...

  3. Dear Penny: I recently bought a home. Should I be putting it ...

    www.aol.com/finance/dear-penny-recently-bought...

    Dear Penny, I’ve recently purchased a house; it’s only in my name and really my only asset. I have three grown children; two who live with me and pay rent and one who’s married and owns her ...

  4. Do I Need an EIN For a Trust After Death? - AOL

    www.aol.com/ein-trust-death-140000729.html

    The death of a family member is always challenging and evokes difficult emotions for everyone involved. Unfortunately, tax problems brought on by a trust can sometimes be one of the stressors.

  5. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Many trusts allow for additional deposits (cash, securities, real estate, etc.) at the direction of the settlor or others, provided the trustee is willing to accept those assets. It can even be funded after death by a "pour-over" provision in the grantor's last will, specifying his or her intent to transfer property from the estate to a trust.

  6. Life estate - Wikipedia

    en.wikipedia.org/wiki/Life_estate

    The ownership of a life estate is of limited duration because it ends at the death of a person. Its owner is the life tenant (typically also the 'measuring life') and it carries with it right to enjoy certain benefits of ownership of the property, chiefly income derived from rent or other uses of the property and the right of occupation, during his or her possession.

  7. Should I Really Put My Home in a Trust? - AOL

    www.aol.com/put-home-trust-140008073.html

    If you have a residence you would like to pass onto loved ones after your death, and you're worried about your home going into probate, you may want to put your home in a property trust. If that ...

  8. Qualified personal residence trust - Wikipedia

    en.wikipedia.org/wiki/Qualified_personal...

    To escape valuation under Code section 2702 (i.e., retained interest valued at zero), a PRT must comply with the following two primary requirements: (i) the trust may hold only one residence which must be used as the grantor's personal residence during the term of the trust; and (ii) the trust may not allow the sale of the residence during the term of the trust.

  9. Revocable trust vs. irrevocable trust: key differences - AOL

    www.aol.com/finance/revocable-trust-vs...

    However, a revocable trust can provide language to create sub-trusts upon the death of a grantor (e.g. credit shelter or other irrevocable trusts) that can preserve or reduce future estate tax ...