Trusts and Estates: Estates and Executory Interests?

Trusts and Estates: Estates and Executory Interests?
by

1 Answer

Answer :

Becoming knowledgeable about estate planning can help anyone.Whether one is a client or attorney, estate planning is a complexfield and getting one term wrong can be a mistake worth millions ofdollars. It is incredibly important to learn all one can about thebusiness of estate planning and apply that knowledge to one’s ownsituation.It is important to thoroughly understand executory interestswithin the field of estate planning. An executory interest is afuture interest that follows a determinable estate. An executoryinterest is a future interest in a grantee, not the grantor. When afuture interest follows a determinable estate and is in thegrantor, then that is called a possibility of reverter.When estate planning, clients often want to add more than onefuture interest to an estate. This is
by
selected by

Related questions

ECE Board Exam March 1996 Judgment on the case against an ECE shall become final and executory after A. 10 days B. 60 days C. 30 days D. 15 days

Description : ECE Board Exam March 1996 Judgment on the case against an ECE shall become final and executory after A. 10 days B. 60 days C. 30 days D. 15 days

Last Answer : C. 30 days

Does this mean that she trusts me or not?

Description : Does this mean that she trusts me or not?

Last Answer : I don't know about trusting YOU, but it sounds like she has been burned before and has problems with trust in general. It is also an indicator that she is a control freak and does ... romantic relationship mistake, and your parents can help guide that initial urge to control someone you care for.

If a person openly cheats on her/his SO, is that person violating trusts he/she has with others too?

Description : If a person openly cheats on her/his SO, is that person violating trusts he/she has with others too?

Last Answer : answer:Only slightly pissed at Rene, for making you an accessory, and forcing you to lie to Sam? Rene is gross. Arie isn’t much better. I wouldn’t trust either of them.

What was the name of President Theodore Roosevelt's plan to protect working-class citizens by breaking up bad trusts?

Description : What was the name of President Theodore Roosevelt's plan to protect working-class citizens by breaking up bad trusts?

Last Answer : four freedoms

What Cartels monopolies trusts as well as horizontal and vertical integration all share the goal of?

Description : What Cartels monopolies trusts as well as horizontal and vertical integration all share the goal of?

Last Answer : cartels, monopolies, trust, and horizontal and verticalintegration all share the goal of

Which of the following can issue Rupee denominated bonds? A. Real Estate Investment Trusts (REITs) B. Infrastructure Investment Trusts (InvITs) C. Limited Liability Partnerships D. Both (A) and (B) E. None of the Above

Description : Which of the following can issue Rupee denominated bonds? A. Real Estate Investment Trusts (REITs) B. Infrastructure Investment Trusts (InvITs) C. Limited Liability Partnerships D. Both (A) and (B) E. None of the Above

Last Answer : D. Both (A) and (B) Explanation: Any corporate (entity registered as a company under the Companies Act, 1956/ 2013) or body corporate (entity specially created out of a specific act ... like Limited Liability Partnerships and Partnership firms, etc. are also not eligible to issue these bonds.

Who among the following are institutional investors in the Indian Debt Market? A. Banks B. Mutual funds C. Foreign investors (FIIs) D. Trusts E. All of the Above

Description : Who among the following are institutional investors in the Indian Debt Market? A. Banks B. Mutual funds C. Foreign investors (FIIs) D. Trusts E. All of the Above

Last Answer : E. All of the Above Explanation: Institutional investors operating in the Indian Debt Market are : Banks Insurance companies Provident funds Mutual funds Trusts Corporate treasuries

How many of you have your estates/ final paperwork all completed?

Description : How many of you have your estates/ final paperwork all completed?

Last Answer : There are two documents that need to be sorted. Hopefully, they will be done in the next month. Everything should go to my significant other and not to those designated in my existing will.

Why are coffee estates inter-planted with orange trees, cardamom and pepper vines? -SST 10th

Description : Why are coffee estates inter-planted with orange trees, cardamom and pepper vines? -SST 10th

Last Answer : Coffee estates are interplanted with orange trees, cardamon and pepper vines as it provides shade to the coffee plants and provides supplementary income to the farmers.

What colony has patroons had large estates?

Description : What colony has patroons had large estates?

Last Answer : Need answer

Which country had social classes called Estates?

Description : Which country had social classes called Estates?

Last Answer : France

What large farming estates in ancient Rome?

Description : What large farming estates in ancient Rome?

Last Answer : What is the answer ?

Who is the voice over for the biltmore estates commercial?

Description : Who is the voice over for the biltmore estates commercial?

Last Answer : Morgan Freeman

'NABARD' is associated with the development of - (1) agricultural sector and rural areas (2) heavy Industries (3) banking sector (4) real estates

Description : 'NABARD' is associated with the development of - (1) agricultural sector and rural areas (2) heavy Industries (3) banking sector (4) real estates

Last Answer : (1) agricultural sector and rural areas Explanation: National Bank for Agriculture and Rural Development (NABARD) has been accredited with "matters concerning policy, planning and ... providing investment and production credit for promoting the various developmental activities in rural areas.

State Industrial corporations engage in the development of__________. A. industrial estates. B. institutional estates. C. individual investors. D. agricultural entrepreneurs.

Description : State Industrial corporations engage in the development of__________. A. industrial estates. B. institutional estates. C. individual investors. D. agricultural entrepreneurs.

Last Answer : A. industrial estates.

To provide financial assistance to entrepreneurs the government has set up a number of___________. A. financial advisors. B. financial intermediaries. C. Industrial estates. D. financial institutions.

Description : To provide financial assistance to entrepreneurs the government has set up a number of___________. A. financial advisors. B. financial intermediaries. C. Industrial estates. D. financial institutions.

Last Answer : D. financial institutions.

‘NABARD’ is associated with the development of (1) agricultural sector and rural areas (2) heavy industries (3) banking sector (4) real estates

Description : ‘NABARD’ is associated with the development of (1) agricultural sector and rural areas (2) heavy industries (3) banking sector (4) real estates

Last Answer : agricultural sector and rural areas

Do psychological traumas change a person's interests?

Description : Do psychological traumas change a person's interests?

Last Answer : We need details. The question is too vague. I can imagine scenarios where a person’s interest is changed and where it’s not.

Are you glad interests rates are so low and housing prices are going up?

Description : Are you glad interests rates are so low and housing prices are going up?

Last Answer : No, I am not glad that this stupid bubble, in this time of extreme strife prevents so many from buying homes.

Is it in the interests of groups like Amnesty International (and other human rights organizations) for wars to continue and evil to be done?

Description : Is it in the interests of groups like Amnesty International (and other human rights organizations) for wars to continue and evil to be done?

Last Answer : “Staying in business” for most workers in NGOs means doing heartbreaking work for very little money. I’m sure that most of them would be glad to give up “the business” if universal peace and well-being came into being.

What were the hobbies and interests of Nostradamus?

Description : What were the hobbies and interests of Nostradamus?

Last Answer : Trying to keep his head on his shoulders. Literally. In that era people who made predictions of the future could be called out as a witch or a warlock. And then you have a hot time on the old town tonight.

Do you guys know the hobbies and interests from Joseph Kony (Leader off the LRA)?

Description : Do you guys know the hobbies and interests from Joseph Kony (Leader off the LRA)?

Last Answer : [Mod Says] While we are happy to help you with your homework, please don’t ask us to do it for you. Perhaps you could tell us what you have so far and then ask for guidance or corrections.

What were the Nazi's interests in beginning the development of the helicopter?

Description : What were the Nazi's interests in beginning the development of the helicopter?

Last Answer : Just based on my rather good understanding of WW2 weapons and tactics, I would think (apart from general interest in technical accomplishments - I do know that the first German helicopter demos were treated ... , and against partisans could afford to be visible to the enemy if they flew high enough.

Do you keep adding to your list of interests as I do?

Description : Do you keep adding to your list of interests as I do?

Last Answer : I have always hated rap music, but I have found myself listening to a lot of Eminem. I can’t say that I love rap now, but I do appreciate his mastery of the craft. However, I still hate country. ha!

Which educational degree shall I pursue depending on my interests?

Description : Which educational degree shall I pursue depending on my interests?

Last Answer : If you don’t know what you want to do with yourself, college is a lousy place to figure it out. Better to hit the road, head for a warm climate, and work odd jobs to support yourself. Just don’t get caught stealing anything. Come back when you feel smarter.

Do your interests ever shock or appall your coworkers?

Description : Do your interests ever shock or appall your coworkers?

Last Answer : answer:That sounds ...AWESOME! I was kinda the odd one out at my last job too :P I'm sure I know I have a few stories of things I was planning to do that coworkers just looked at me like uhhhh ... like lobster, but tell a person you once ate a tarantula and they look at you like you have 12 heads.

Website to find people with similar interests?

Description : Website to find people with similar interests?

Last Answer : Stumble on? Could you clarify?

Men: what are your hobbies and interests?

Description : Men: what are your hobbies and interests?

Last Answer : answer:Skateboarding was always a constant. I got my first one when I was about five years old. (only four broken bones!) Around 8 I got into computers and baseball. Around 12 it was all ... girls. Around 21 got back into computers while still skateboarding. By 26 it was mostly girls and computers.

Women: what are your hobbies and interests?

Description : Women: what are your hobbies and interests?

Last Answer : answer:I paint because it's cheaper than therapy. I sew because it's a useful skill that provides instant gratification. I cook because it reminds more that there are some things I DO have complete control ... managing my life for me. But, none of those people are involved with my life any more.

What adjective could be used to describe someone whose interests meander from one area to another?

Description : What adjective could be used to describe someone whose interests meander from one area to another?

Last Answer : Circuitous? Tangential?

What do you do when you're losing your faith, and your interests?

Description : What do you do when you're losing your faith, and your interests?

Last Answer : Losing someone close to you, for whatever reason, can have a profound impact. What you are feeling may be a latent result of the loss, or it could be just a part of growing up and discovering ... what your parents have instilled upon you. It may be helpful to seek out the guidance of a counselor.

Is it ok to put activities or interests on a resume?

Description : Is it ok to put activities or interests on a resume?

Last Answer : answer:It provides a bit more of your personality for the employer to see. It's a bit of a risk. If the employer likes personality, it's good. But if they want a worker dweeb, it won't be good, unless you ... If you aren't desperate, I would do it. If you want any job that comes along, don't do it.

What are some childhood interests that you are still into these days?

Description : What are some childhood interests that you are still into these days?

Last Answer : Reading, movies, playing the piano, crossword puzzles, jigsaw puzzles, The New Yorker, magic tricks, Scrabble, reading the dictionary…

What's a suitable occupation for someone with the following interests?

Description : What's a suitable occupation for someone with the following interests?

Last Answer : I was thinking biology or biochemistry.

Care to list 10 of your strange/unusual/unique obsessions/interests?

Description : Care to list 10 of your strange/unusual/unique obsessions/interests?

Last Answer : answer:Well, I don't have 10. But I have a few. 1.) Right now, I suddenly have an odd fascination with origami (this is due to a murder mystery video game I've been playing in which the serial ... furniture. 4.) I'm an avid video gamer when I'm not writing stories about abusing slave women :-/

What is the best way to add other relevant skills and interests to my resume that are not from work experience?

Description : What is the best way to add other relevant skills and interests to my resume that are not from work experience?

Last Answer : answer:I'm not sure which type of resume you're using whether it was custom made by another person or if you're using a Microsoft Office version or Works. Both Office (most versions ... agency that will help you with these issues, including formulating resumes and cover letters, for free.

If someone loves history, how (or where) would he find more people with the same interests?

Description : If someone loves history, how (or where) would he find more people with the same interests?

Last Answer : answer:Most area's have an historical society, by town, county/region, or state. That's one way to find people, and then meet people that are interested in the areas he is. And one of the wonders ... one in his area. Search on line for American History study group . Who know what you might find.

How can I make my interests last longer?

Description : How can I make my interests last longer?

Last Answer : Lead a horse to water. He will drink eventually.

Is the internet better than the real world, for meeting people whose values and interests are similar to our own?

Description : Is the internet better than the real world, for meeting people whose values and interests are similar to our own?

Last Answer : If nothing else, it taught me tolerance at a young age (since I have been using the Internet for the majority of my life.) Thanks to connections via various websites, I have been become friends ... created on this very website are just as satisfactory as any friendship formed in the real world .

Have your literary interests been influenced more by prose or by poetry?

Description : Have your literary interests been influenced more by prose or by poetry?

Last Answer : Prose has much wider selection and is easier to process than some poetry. But I love writing poetry when so inspired.

You're new to an area, how do you go about meeting people (with similar interests)

Description : You're new to an area, how do you go about meeting people (with similar interests)

Last Answer : Start by saying hello to the immediate neighbors.

What will YOU do if interests rates go up. Way up?

Description : What will YOU do if interests rates go up. Way up?

Last Answer : Not much as far I know, I’m not going to borrow,and we have been living off the “stems and seeds” of life for so long I don’t see us losing much. We are living the revised version of “The American Dream.”

Was this in the best interests of the child, and who's going to pay for it?

Description : Was this in the best interests of the child, and who's going to pay for it?

Last Answer : answer:I'm troubled by it as well, and I am Catholic. I do not see where in my religion it states, Save the life of a child with every modern medical method possible . It's detrimental to the ... Like you, I'd rather see the energy, time and money spent on people that can be helped/saved/cured.

Why would someone knowingly sabotage their own best interests?

Description : Why would someone knowingly sabotage their own best interests?

Last Answer : They haven’t learned from their mistakes yet. Even if they know what they are doing will lead them to a place they don’t want to be, they haven’t yet encompassed the idea that change is possible.

Where can I look at trending interests on Facebook? Any sites like Google insights, except for Facebook?

Description : Where can I look at trending interests on Facebook? Any sites like Google insights, except for Facebook?

Last Answer : Twitter keeps track of what is currently trending on their homepage. The scrolling marquee at the top says “Trending Topics” and lists a whole bunch of the current most tweeted topics. I think they also have other, more complete trending pages – you’ll have to explore a bit.

Do you have any good ideas for a tattoo that pertain to these interests?

Description : Do you have any good ideas for a tattoo that pertain to these interests?

Last Answer : answer:This is quite cool… This what you’re thinking of?... Or you could do a smaller version based on this but instead of a five line stave, you could have a strip of film negative…??? fingers crossed those links all work

What is a good place to find friends with similar interests in NYC?

Description : What is a good place to find friends with similar interests in NYC?

Last Answer : answer:Well, honestly, I would suggest for you to go out in your neighborhood somewhere to meet new people instead. Does your school/college (if you're that age) have a Gay-Straight Alliance? If so, that' ... but I think it would be even more beneficial to meet people in real life. :) Best of luck!

Science Fair Project Ideas based on my Interests?

Description : Science Fair Project Ideas based on my Interests?

Last Answer : Try making a pinhole camera.

Do you have any unique hobbies (interests), that other may find odd or unusual?

Description : Do you have any unique hobbies (interests), that other may find odd or unusual?

Last Answer : Geocaching

Do you see this as blatant caving-in to well-heeled special interests?

Description : Do you see this as blatant caving-in to well-heeled special interests?

Last Answer : I would but for one thing: the people who were working on these rigs and ancillary jobs, is there no comparable work (or any jobs at all) for them to have? Regardless of how we may feel about the ... lobbyists in DC in particular, the workers have been idle for a long while now, and they need work.