A glossary of legal terms to help you understand the intricacies of estate planning, trust administration, probate, asset protection, business formation and succession planning.
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Retirement Protector Trust™ (aka “Retirement Plan Trust”)Retirement Protector Trust™ (aka “Retirement Plan Trust”), for more information, visit us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220
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Revocable Living TrustWhat is a Revocable Living Trust? A trust in which you transfer ownership of your property into a trust throughout your lifetime, select beneficiaries and control the trust at your discretion. For more information on this topic, contact us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220 to schedule an appointment with one of our experienced estate planning attorneys.
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Required Minimum DistributionWhat is the Required Minimum Distribution, For more information on this topic, contact us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220
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Remainder InterestRemainder Interest, For more information on this topic, contact us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220
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Qualified Terminable Interest Property Trust (QTIP Trust)What is a Qualified Terminable Interest Property Trust (QTIP Trust), For more information on this topic, contact us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220
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Qualified Personal Residence Trust (QPRT)What is a Qualified Personal Residence Trust (QPRT), For more information on this topic, contact us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220
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PerpetuityWhat is Perpetuity? It is to go on forever. For more information on this topic, contact us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220 to schedule an appointment with one of our experienced estate planning attorneys.
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Private FoundationA Private Foundation is a nonprofit organization which is usually created via a single primary donation from an individual or a business, and whose funds and programs are managed by its own Trustees or Directors for the benefit of charity.
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Perpetual TrustWhat is a Perpetual Trust? It is a type of trust that passes from generation to generation so that the children of the original beneficiaries can also benefit from the trust.For more information on this topic, contact us at (760)-448-2220
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Mid-term GRATMid-term GRAT, for more information on this topic, contact us at http://geigerlawoffice.com/contact.cfm or call (760) 448-2220 to schedule an appointment with one of our experienced estate planning attorneys.