Claiming as a trust or partnership

Reply #5

justxploring — Fri, 01 Feb 2008 09:13:55 GMT

Reply #4

KY Floyd — Fri, 01 Feb 2008 06:30:35 GMT

Wouldn't it be bdetter not to use a family name or name at all, something more like Numbers Galore Trust instead of DiLucia Family Partnership?

I guess it depends on what your family name is. If it isn't DiLucia, then DiLucia Family Partnership would be an excellent choice.

Reply #3

LuckyLilly — Fri, 01 Feb 2008 00:38:40 GMT

My trust will be named One Lucky SOB.

Reply #2

justxploring — Fri, 01 Feb 2008 00:23:50 GMT

Maybe that's why they didn't feel the need to list the people by name, but I agree that a name like I.M. Rich and Sons sounds better.

They've had family trusts before and always listed the first names. Possibly there was someone with a different last name, however, like a married daughter or grandchild.

Reply #1

Coin Toss — Thu, 31 Jan 2008 23:30:23 GMT

Good question, Justxploring!! I would think you'd have to be a resident of at least the cpunty you form the trust in, but then again, with multiple people they wouldn't all have to be, would they?

Wouldn't it be bdetter not to use a family name or name at all, something more like Numbers Galore Trust instead of DiLucia Family Partnership?

Makes me wonder what would happen if a group of people formed a corporation in Nevada or Delaware and the coprporation hit a jackpot.

Claiming as a trust or partnership

justxploring — Thu, 31 Jan 2008 21:25:31 GMT

Usually when people in Florida win a large Lotto jackpot, the names are listed along with their ages. Even when the jackpot is claimed as a trust they've historically listed the individual names of the people in the trust. So I found today's press release interesting. (in blue below) Of course it doesn't stop a curious reporter from showing up at your doorstep, but without using my full name and age, I would feel more comfortable. I also wonder if the city can be where the trust was created, not... [ More ]