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July 2012Incentive TrustsKeeping a
Steady Hand on the Tiller
A good legacy may work wonders for those left
behind, but you may feel that your heirs need more
than just financial benefit from your
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What is incentive trusts--keeping a?
Incentive trusts typically contain conditions or incentives for beneficiaries to meet in order to receive their distributions.
Who is required to file incentive trusts--keeping a?
The trustee or the individual responsible for managing the trust is typically required to file incentive trusts.
How to fill out incentive trusts--keeping a?
Incentive trusts should be carefully drafted with specific conditions and instructions for the trustee to follow when distributing assets to beneficiaries.
What is the purpose of incentive trusts--keeping a?
The purpose of incentive trusts is to motivate beneficiaries to meet certain goals or behavior expectations set by the grantor.
What information must be reported on incentive trusts--keeping a?
Information such as beneficiary names, conditions for distributions, trustee information, and trust assets must be reported on incentive trusts.
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