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2008 Correa sets up a trust fund for the initiative.
An ESOP works like this: a company sets up a trust on behalf of the employees, into which it directs a portion of its profits.
In a typical ILIT, a parent sets up a trust for his children.
She sets up a trust that will take effect at that time.
Mary sets up a trust that pays so much a year to a charity during her life, then disburses the principal to her son Sam.
Similar(55)
Days before O'Dowd died, she set up a trust.
But setting up a trust is something anyone with a pet can do.
"For someone who set up a trust," Mr. Rosabianca said, "there are usually two goals.
In 2002, her two sons set up a trust that provided living expenses for their mother.
When it comes to setting up a trust for children conceived after death, the conversation shifts.
Setting up a trust can cost $2,000 to $20,000, depending on its complexity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com