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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,867
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Quote:
Originally Posted by jhynesrockmtn
Find a lawyer and/or CPA (many tax CPA's are also Lawyers) that has trust experience. Should be a fairly simple issue for them. Your trust as a legal structure should exist on it's own outside of where the funds resided. I believe anyway. It's also quite dependent on the specific documentation, revocable vs irrevocable, etc. I'm a former CPA but more of an audit and SEC guy than tax/trust, so my expertise is quite limited in this area.
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I'm no lawyer, but it's my opinion Flat needs a good contract lawyer. The one Cindy & I used to set up our trust told us that he never goes to court because he writes trusts so there is no need to go to court.
While there, ask him about setting up a trust for your grandkids though a good mutual fund company...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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