Family Law Mediation Attorneys
Peace Talks Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Estate tax saving trust which leaves the
principal in trust for grandchildren with one’s children receiving
only the trust income.
planning purposes, any property given to a person or organization during
your life, or left by will or living trust after your death.
Taxes assessed by the government on gifts made during your lifetime.
On a deed, the person who is receiving title to the property.
who establishes a trust. Synonyms include settler and trustor. On a deed,
the person who is transferring title to someone else.
retained income trusts
Trusts in which the grantor retains
some interest in the trust property during his life rather than relinquishing
all interest to the money or property.
Guardian of the minor’s
Also called a property guardian or financial guardian.
The guardian cares for your minor child’s property which isn’t
part of a minor’s trust or other legal vehicle.