enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Uniform Gifts to Minors Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Gifts_to_Minors_Act

    The current rule is that for beneficiaries under 19 (under 24 if a student), the first $1,050 of unearned income is tax-free, the second $1,050 is taxed at the minor's rate (typically 12%), and the amount over $2,100 is taxed at the ordinary and capital gains rates applicable to trusts and estates. UGMA and UTMA accounts can invest in the stock ...

  3. Child trust fund - Wikipedia

    en.wikipedia.org/wiki/Child_Trust_Fund

    Child trust funds were opposed by the Liberal Democrats at the 2005 general election with the manifesto pledging to move the money into early years programmes instead. . Liberal Democrats have variously argued that recipients may spend the money unwisely, that the policy is overly restrictive in not allowing parents to access the money, and that the money could better be spent on pre-school ...

  4. If you want to help your kids bypass probate when you die ...

    www.aol.com/finance/want-help-kids-bypass...

    Read more: 82% of Americans are missing out on a savings account that pays over 10 times the national average Five items to leave out of a revocable living trust Vehicles.

  5. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Under ancient common law principles, a trust could not exist unless there was at least some "title split" – that is, the same person cannot generally hold all legal and all equitable title at the same time. If the legal and equitable title merge in the same person, the trust is considered nonexistent under the so-called merger doctrine. [96]

  6. The FDIC change that leaves wealthy bank depositors ... - AOL

    www.aol.com/finance/fdic-change-leaves-wealthy...

    Under the old FDIC rules, each beneficiary of the trust would get $250,000 in insurance protection. So, for example, if the trust named 10 beneficiaries, then that account would be insured for $2. ...

  7. I want to help my kids bypass probate when I die - AOL

    www.aol.com/finance/want-help-kids-bypass...

    A trust can turn non-taxed accounts into taxable ones. But you can make the trust itself the beneficiary so that these accounts pass directly to your trustees without some IRS agent crashing the wake.

  8. Asset-protection trust - Wikipedia

    en.wikipedia.org/wiki/Asset-protection_trust

    Whether such a trust is a spendthrift trust on the U.S. model, a protective trust on the Commonwealth model or another form of discretionary trust, it is more likely to be subject to challenge under the common law doctrine of sham or under specific statutory provisions if any person setting up the trust (or their spouse and their spouse in turn ...

  9. Backers tout 'baby bonds' initiative as way to address ... - AOL

    www.aol.com/news/backers-tout-baby-bonds...

    Aug. 8—With New Mexico awash in cash but still facing deeply-rooted poverty issues, advocates plan to push legislation to create a government-funded trust account for every child born in the ...