Types Of Trust Funds
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Gene Said:
why govts states as well as centre should not stop allocation of any types of funds to any trusts?We Answered:
It's difficult to follow your question -- but if you are asking why the govt is allowed to regulate the flow of money in a trust...The answer, of course, depends on the country. But generally, govts can regulate any money if the flow of money is between organizations -- whether trusts or corporations or whatever.
Erik Said:
how do i set up a property investment fund?We Answered:
Before you can advertise an investment to the public you need a license ..I would suggest that most of the well known 'names' started on their own and then either got their friends involved or went to work for a Financial Investment arm of a large bank or for a property company to build up a reputation and develop 'contacts' (clients).
Once you have built your reputation (by making a few millions for yourself & friends) you can setup you own Company and start advertising to the private 'clients' you have identified ...
So, my suggestion is, go see your friends & relatives = if they refuse to invest you want to know why ..
NB. If the Banks won't lend you any more money you need to take a real close look at your cash flow and 'book' values ..
Agnes Said:
Is there any type of trust fund that you can put money in that isn't included in a divorce?We Answered:
In states that have both community property and "equitable distribution of marital property" as part of the divorce law, anything that was acquired during the term of your marriage [other than by inheritance] is deemed to be marital property and would be subject to distribution in the event of a divorce.Anything you do with regard to property can be subject to discovery. That means that the other party in a divorce can either have interrogatories served on you to answer, take your deposition, or subpoena any records you have about financial transactions. If you are having a book published, your soon to be ex-spouse can subpoena records from your publisher to find out what you have been payed or what the terms of your contract with the publisher might be.
You can spend or give away anything you earn, but if you want to save it, it can be found and a portion of it may end up going to your soon to be ex-spouse.
Leon Said:
help i need info on trust funds?We Answered:
None of the above.Trusts have assets. Trusts invest those assets. The assets can generate interest, dividends, capital gains or nothing.
As for years before expiration, also none of the above. Unless it's written into the trust document, trusts do not expire. They'll shut down, but not expire....
Susan Said:
help max points 4 best answer !!!i need trust fund info plzz?We Answered:
Hi CherylSorry, not sure I understand your question. What exactly are you trying to accomplish? If you are wanting to know how much of the $ in the trust account can be distributed? The person establishing the irrevocable trust can make that any amount they want it to be.
Ray Said:
How much would a person have to make to recieve 300K a year in interest?We Answered:
Before taxes he must be making between $400,000 and $450,000 to net $300,000. At a 5% average rate of return he would need $8 million to $9 million. At a 10% average rate of return he would need $4 million to $4.5 million.This is very rough, but you get the idea.