Legal Question in Wills and Trusts in California
What document do i use???
I have been asked to set up and administer and payout the benefits of stock. The benefiuary recieves monthly, quarterly and yearly benefits from the ownership of stock. He wants me to make those payments, look after the stock and basically adminster the everything. I dont know if a trust is the right doument, wants to place the stock in the trust then he is named the benefiuary and i am named, i dont know. You can reach me by cell 650-281-3736. If you need more detail please let me know.thanks
4 Answers from Attorneys
Re: What document do i use???
Your friend should consult a lawyer on what best serves his interests and intentions.
Re: What document do i use???
Your friend should consult a lawyer on what best serves his interests and intentions.
Re: What document do i use???
your friend should consult an attorney. there are many aspects of a trust of this type, including income and (possibly gift) tax issues.
Re: What document do i use???
You can use a trust.
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