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Helpful info on setting up a trust

Topic closed. 4 replies. Last post 13 years ago by luckycat.

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rundown99's avatar - cigar

United States
Member #567
August 14, 2002
484 Posts
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Posted: November 28, 2003, 8:06 am - IP Logged

Several people, myself included, have posted numerous messages that explained why it is important to form a trust.  I feel that this is an important issue, and I found some websites that talk about trusts. 

http://www.trusts-and-trustees.com/main2.htm

http://www.oag.state.ny.us/seniors/living_trust.html

http://www.sdbar.org/public/pamphlets/living.htm

If I find any more websites pertaining to this topic, I will post them in the future.

Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

If you ever win a lottery and you are single, the only person you should ever marry is someone who was truly in love with you BEFORE you won the jackpot!

    rundown99's avatar - cigar

    United States
    Member #567
    August 14, 2002
    484 Posts
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    Posted: November 28, 2003, 8:29 am - IP Logged

    But of course, if you ever win it, you should talk to a lawyer first about this topic and ask him or her about forming a trust to claim a lottery grand prize.  But I figured that the websites could help.

    Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

    If you ever win a lottery and you are single, the only person you should ever marry is someone who was truly in love with you BEFORE you won the jackpot!

      rundown99's avatar - cigar

      United States
      Member #567
      August 14, 2002
      484 Posts
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      Posted: November 28, 2003, 8:33 am - IP Logged

      Another thing, beware of living trust scams...

       

      http://www.cbsnews.com/stories/2003/03/14/eveningnews/consumer/main544102.shtml

      Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

      If you ever win a lottery and you are single, the only person you should ever marry is someone who was truly in love with you BEFORE you won the jackpot!

        hypersoniq's avatar - 8ball
        Pennsylvania
        United States
        Member #1340
        April 6, 2003
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        Posted: November 28, 2003, 2:03 pm - IP Logged

        great links! thanks!

        Playing more than one ticket per game is betting against yourself.

          luckycat's avatar - animaniacs24

          United States
          Member #1687
          June 16, 2003
          1047 Posts
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          Posted: November 28, 2003, 9:53 pm - IP Logged

          i am trying to read in-between the lines/ there is more to this that is the question?

          goldeneye26/ am I correct??

           

              luckycat        >>>>>>>    purr-purr--purrfect