Straightforward trust: A simple trust should distribute all its income to beneficiaries per year and cannot make charitable contributions or retain income. It can be a lot more of a tax classification than a structural type. To transfer possession of the house to your family member, to start with wife https://legal-trust-law-firm51244.digitollblog.com/37139754/the-ultimate-guide-to-wills-and-trusts-planning-online