Sentence examples for funding a trust from inspiring English sources

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Exact(5)

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.

The advantage of creating and funding a trust while you're alive is that it can kick in if you become permanently disabled and are unable to care for your pet yourself.

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.

It's also important to follow through on funding a trust and re-titling assets owned by the trust, otherwise many of the potential benefits of a trust can't be realized.

Similar(55)

Is it a trust fund?

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

The remainder funded a liability trust to be drawn upon in the event of later spills.

Using a home to fund a bypass trust is also an imperfect solution.

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.

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.

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