enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Life interest - Wikipedia

   en.wikipedia.org/wiki/Life_interest

   A life interest ends when the life tenant dies. An interest in possession trust is the most common example of a life interest trust. In a typical interest in possession trust, the life tenant receives all the income from the trust for the rest of his or her life. On the life tenant's death, the trust comes to an end, and the capital of the ...

3. Advancement (inheritance) - Wikipedia

   en.wikipedia.org/wiki/Advancement_(inheritance)

   Advancement is a common law doctrine of intestate succession that presumes that gifts given to a person's heir during that person's life are intended as an advance on what that heir would inherit upon the death of the parent. Not to be confused with an advance of someone's expected distribution from an estate currently in probate.

4. Interest in possession trust - Wikipedia

   en.wikipedia.org/wiki/Interest_in_possession_trust

   Such a life interest trust is the most common example of an interest in possession trust. In the United Kingdom, the 10-yearly inheritance tax charge may be payable on assets transferred into this type of trust on or after 22 March 2006. [2] In the example of a life interest trust, the interest in possession ends when the income beneficiary dies.

5. Life estate - Wikipedia

   en.wikipedia.org/wiki/Life_estate

   In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person's life. In legal terms, it is an estate in real property that ends at death, when the property rights may revert to the original owner or to another person. The owner of a life estate is called a "life tenant".

6. United States trust law - Wikipedia

   en.wikipedia.org/wiki/United_States_trust_law

   The term "grantor trust" also has a special meaning in tax law. A grantor trust is defined under the Internal Revenue Code as one in which the federal income tax consequences of the trust's investment activities are entirely the responsibility of the grantor or another individual who has unfettered power to take out all the assets. [20]

7. Template:Wills, trusts, estates - Wikipedia

   en.wikipedia.org/wiki/Template:Wills,_trusts...

   Hague Convention (conflict law) Application in civil law; Dishonest assistance; Estate administration; Intestacy; Testator; Probate; Power of appointment; Simultaneous death; Slayer rule; Laughing heir; Advancement; Disclaimer of interest; Inheritance tax; Related topics; Advance directive (Living will) Blind trust; Forced heirship; Totten ...