How Does One Put Their Body Into The Trust
Simply exchange the "body, blood, DNA, etc." into the trust for a Capital Interest Certificate and make note of the property in Schedule A. One can decide to place multiple people within a single trust OR create a trust for each individual.
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Why Does The Grantor Have To Be Non-Blood Related (Non-Consanguinity)
In an express trust, the grantor should not be related by blood or marriage so as to adhere to the law against fraudulent conveyances. The judge, in a court action involving the trust, will need to see the list of relevant parties to it, in camera. ...
Can A Trust Have Just One Beneficiary
Yes, a trust can have one beneficiary. But if just a single beneficiary, it cannot be anyone who is administrating the trust.
How Does One Transfer Assets (Home, Car, Etc.) Into Trust
If the Grantor is the equitable/legal title holder of the asset, it may be granted into the Trust (without a necessity for probate). No matter the asset, it can be granted into the Trust's ownership. Passing assets to heirs can be done by a ...
Can Cryptocurrency Be Put Into A Trust (BitCoin, LiteCoin, Ethereum, Etc.)
Yes, everything can be put into a trust - both physical and digital. Virtual currencies, like Bitcoin, have been determined to be commodities under the Commodity Exchange Act (CEA). Whether it be cryptocurrency, a home, gold/silver, intellectual ...
Can One Put an IRA or Retirement Pension Into Trust Without Triggering A Taxable Event
No, one cannot put their individual retirement account (IRA) in a trust while living; however, naming the trust as beneficiary is acceptable. If one takes an IRA out of their name, it will trigger a taxable event, even though the trust may be tax ...