Who Can Create a Bill of Exchange & How
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Is A 1031 Tax Exchange Necessary
The tax deferred exchange, as defined in §1031 of the Internal Revenue Code, allows the Taxpayer (Exchanger) to dispose of investment or business-use assets, acquire Replacement Property and defer the tax that would ordinarily be due upon the sale. ...
Can I Exchange or Swap Products
This is prohibited due to the fact that our products are informational in nature. Exchanges only permitted for duplicate purchases.
Can A Trust Be The Grantor of Another Trust
Yes, a sui juris (independent) trust can be the grantor for another trust; however, there are often complications that arise from such a structure. Many often use this type of trust to create a trust web, which could inadvertently create multiple ...
How May The Grantor Create a Trust Without Owning Any Assets
The trust is a private contract, and the consideration needed to create a legal contract falls under The Peppercorn Rule. This rule is a metaphor for a very small cash payment or other nominal consideration, used to satisfy the requirements for the ...
Does A Spouse Need To Sign / Agree To Transferring Property Into The Trust
All parties to an asset must agree to exchange said asset into the trust, unless the asset may be exchanged into the trust in partial rather than in whole (i.e. business ownership, cash, gold, etc.).