Billboard now reports that a Manhattan federal judge decided Tuesday that England will also be the starting place for a lawsuit that Hendrix’s estate (Experience Hendrix, LLC) and Sony Music filed against Redding’s and Mitchell’s estates last year.
A living trust is a legal document which places ownership and control of property into a trust, managed by a trustee for your benefit. Living trusts are often used as part of estate planning and can be helpful in case of incapacity.
Studies suggest that millennials will inherit an astounding $68 trillion in the coming years, making them the wealthiest generation in history. While this may be great news for some, it also comes with significant tax implications.
When you purchase and own a home, your name is on the title to the property, indicating ownership. However, you can transfer ownership of your residence to another person or entity in the form of a real estate trust.