Recent content by maitai11

California Any problem with putting the Trust as a beneficiary on IRA's or Life Insurance? Just wondering if there's a problem with doing so. A friend of mine has his insurance and IRA OUT OF THE TRUST, he says because the beneficiary (his wife) is named as such - but wouldn't that be subject...

What is the name of your state - Trust formed under California Law I once heard someone say that having a trust is like inventing a "cousin" who holds your property for you. Since you've given your property to your cousin (trust), then you no longer "own" the assets included in the trust. I...

Hawaii Trust formed under California law. Quote: Upon the death of the Settlor, Timothy XXXXXXX, the Trustee, after making payments provided in Article Five, shall retain One-Hundred percent (100%) of the Trust Estate in trust for the benefit of John XXXXXXX, father of the Settlor and...