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When Should Trust Distribute To Beneficiary
นอกจากการดูบทความนี้แล้ว คุณยังสามารถดูข้อมูลที่เป็นประโยชน์อื่นๆ อีกมากมายที่เราให้ไว้ที่นี่: ดูความรู้เพิ่มเติมที่นี่
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When you give or bequeath money to an heir, you can do it in one of two ways: either outright or in trust. If you leave an inheritance to an heir in trust, you have a decision to make regarding when the beneficiary receives distributions, and when the trust terminates requiring the trustee to transfer trust assets to the principal beneficiary.
There are an unlimited number of options when deciding on how distributions will be made to a trust beneficiary. You can provide for distributions or a trust termination based on a certain age, or a certain date, or in stages at different intervals.
You can provide for distributions based on the occurrence of a certain event, or completely at the trustee’s discretion.
You can also provide that the trust shall last for the lifetime of the beneficiary, or you can have incentive based provisions that provide that distributions are based on the beneficiary achieving certain conditions.
You could make distributions authorized for a specific purpose, such as buying a home or starting a business. Or you could also provide that the beneficiary would get a set monthly or annual amount until the trust runs out of resources.
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This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship.
Paul Rabalais
Estate Planning Attorney
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Your Rights as a Beneficiary, Part 1
Michael Gray interviews attorney Michael Desmarais for the Financial Insider Weekly on the rights of beneficiaries and what to expect from an estate (and trustees) when a loved one passes away. Part 1 of 3 focuses on ways of passing property and how to find out if you’ve inherited money.
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WDTV News Segment Beacon Wealth Management Solutions 4 Financial Independence with John T. Halterman. I don’t understand the difference between a primary beneficiary and a contingent. Why are they needed?
Beneficiary Controlled Trust
Learn why a Beneficiary Controlled Trust can be of advantage for you and your family.
By, Kyle Krasa, Krasa Law. Pacific Grove, CA
\”These \”lessons\” are for general information only. Watching these lessons does not create an attorney/client relationship. You should consult a qualified attorney licensed to practice law in your community before acting on any of the information presented in this video. \”
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