Protect Against Debts Shield Your Family's Assets from Creditors with a Trust

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Alabama Family Trust is a non-profit, 501(c) 3, pooled trust company administering special needs trusts for the disabled throughout the United States. A family trust is a common type of tool used in estate planning. While every trust is a little different, they generally function the same way. In this two-part article series, we will explore the topic of family trusts through the example of the Smith Family Enterprise Group. A “Family Trust” is really just a special type of “Living Trust.” The terminology is otherwise interchangeable. Living trust: Set up and implemented during the grantor's lifetime. The grantor often also serves as a trustee in controlling the property in ... The family trust essentially makes certain that your assets will be allocated as you wish, should something happen to you and makes certain that ... A trust is an arrangement where the grantor sets aside a portion of their estate and appoints a trustee to manage it for a beneficiary. Family TRUST was approachable and appreciative of my business from the start. No monthly fee's for my checking account, wonderful friendly drive through tellers ... A family trust allows a parent or grandparent to protect assets and funds for a child or grandchild. Along with this, a family trust is meant to minimize ... Family Trust. A family trust is more commonly known as a living trust. This is a legal document that retains ownership of titled property and financial assets.
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