They apply to settlor interested personal injury trusts in the same way as they apply to trusts founded from non-personal injury related funds.
42.
For a settlor ( creator of a trust ) to avoid tax there may be restrictions on the type, purpose and beneficiaries of the trust.
43.
As long as the settlor is a beneficiary of the trust to any extent, to that extent the trust will be deemed self-settled.
44.
If the protector has power to grant beneficial interests in the trust fund to the settlor, this may have disastrous tax consequences in some jurisdictions.
45.
An ancient king ( settlor ) grants property back to its previous owner ( beneficiary ) during his absence, supported by witness testimony ( trustee ).
46.
In a relevant sense, a trust can be viewed as a generic form of a corporation where the settlors ( investors ) are also the beneficiaries.
47.
If a judge determines that the trust settlor controls the assets of the offshore trust, the judge may order the settlor to repatriate the trust assets.
48.
If a judge determines that the trust settlor controls the assets of the offshore trust, the judge may order the settlor to repatriate the trust assets.
49.
For this reason, a properly established asset protection trust should provide a clear separation between the settlor and those who exercise control over the trust assets.
50.
In the event of the settlor dying within seven years, this retained " bag of rights " should in theory be returned to their personal representatives.
How to say settlor in Hindi and what is the meaning of settlor in Hindi? settlor Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.
