Sentence examples for fund a trust from inspiring English sources

In 1940, Mr. Berlin established the God Bless America Fund, a trust for the song's earnings that has been dedicated to the Girl Scouts and Boy Scouts of America in New York City.

In a VEBA, GM would provide the initial money to fund a trust.

In one scenario, someone might want to use the $14,000 annual gift exclusion to make other gifts (paying for summer camp or sports or music lessons or to fund a trust) and plan on making direct tuition payments.

Royalties from book and T-shirt sales went to the library fund, and a trust fund was set up in Room 8's name at the Los Angeles Orthopaedic Hospital.

By funding a trust or annuity with your gift, you can receive a well-managed income stream for life for you, your spouse, or other beneficiaries.

This may mean paying funds to heirs directly, or, if the will provides for it, funding a trust for minors.

Alternatively, it's possible to leverage the lifetime exemption by funding a trust with all or part of the tax-free amount and selling significantly more assets to the trust in return for a promissory note with interest.

Financial statements may further distinguish fiduciary funds as either trust or agency funds; a trust fund generally exists for a longer period of time than an agency fund.

Founded in 1983, the fund is a trust and mutual fund in one.

Its statutory designation distinguishes the fund as a trust rather than a special fund.

Trust funds are earmarked for specific programs and purposes in accordance with a statute that designates the fund as a trust.