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Intelligent Vocabulary: connected terms and phrases Trusts & money annuity blind trust charitable trust covenant one thing to another person/something fund funding holding firm kitty mutual fund non-discretionary pension fund pension plan slush fund assist syndic the Consolidated Fund trust fund trustee trusteeship device trust See more effects »
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Era-skipping trust: This trust allows an individual to transfer property tax-free of charge to beneficiaries at least two generations their junior, usually their grandchildren.
A charitable remainder trust, funded through an individual's lifetime, disperses profits to the designated beneficiaries (like youngsters or possibly a spouse) to get a specified time period then donates the remaining property to some charity.
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Take note that the action-up foundation applies to inherited property in general, not just those who contain a trust.
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