Travis Texas Revocable Trust for Child is a legal instrument created with the intention of securing and managing assets for the benefit of a child in the Travis County region of Texas. This particular type of trust offers flexibility to the granter, allowing them to revoke or modify the trust at any time during their lifetime. By doing so, the granter can retain control over the assets placed within the trust until such time that they choose to transfer ownership to the child. The Travis Texas Revocable Trust for Child provides peace of mind to parents or guardians, ensuring that their child's future is thoughtfully safeguarded. It serves as an excellent tool for estate planning, helping families efficiently pass on assets while minimizing potential tax burdens and avoiding probate. The trust appoints a trustee who acts as a fiduciary, managing the assets and ensuring they are distributed to the child according to the granter's instructions. There are different types of Travis Texas Revocable Trusts for Child, each designed to cater to varying circumstances or specific needs. These may include: 1. Testamentary Revocable Trust for Child: This trust becomes effective upon the granter's death and is included within their will. It provides a seamless transition of assets to the child and allows for ongoing management until the child reaches a specified age or milestone. 2. Living Revocable Trust for Child: Unlike the testamentary trust, this type of trust is created during the granter's lifetime. It enables them to retain control of assets while providing for the child's well-being and future financial needs. 3. Supplemental Needs Revocable Trust for Child: This trust is specifically crafted to benefit a child with special needs. It aims to preserve the child's eligibility for government benefits while supplementing their quality of life through the allocated trust assets. 4. Education Revocable Trust for Child: Geared towards funding a child's education, this trust focuses on providing financial resources to support their academic pursuits. It ensures that adequate funds are available for tuition fees, books, or any other educational expenses. As with any legal document, it is crucial to consult with an experienced attorney who specializes in estate planning to ensure that the Travis Texas Revocable Trust for Child is tailored to the unique circumstances and objectives of the granter and their child.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.Travis Texas Fideicomiso revocable para niños - Revocable Trust for Child
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Un fideicomiso no es mas que una estructura legal a traves de la cual es posible designar la administracion de unos bienes a terceras personas, todo con la finalidad de obtener la mayor cantidad de beneficios (por ejemplo, proteger la privacidad de una persona que ya no desea que una propiedad este a su nombre).
Es un contrato mediante el cual una persona fisica o moral, nacional o extranjera; afecta ciertos bienes o derechos para un fin licito y determinado, en beneficio propio o de un tercero, encomendando la realizacion de dicho fin a una institucion fiduciaria.
Es un producto financiero que ademas de ser parecido a un plan de ahorro, garantiza que el beneficiario, es decir tu hija o hijo, reciba el dinero acordado para continuar sus estudios en nivel superior aun cuando faltes.
Un fideicomiso en vida revocable (conocido en ingles como un revocable living trust) es un documento legal que le da la autoridad para tomar decisiones sobre el dinero o los bienes de otra persona mantenidos en un fideicomiso.
Determinar cual es la finalidad que se desea realizar y seleccionar los bienes de los que desea disponer para lograrlo. Seleccionar quien sera el beneficiario. Elegir una institucion financiera para que se encargue de la administracion y pactar con la misma las condiciones de la administracion.
Un fideicomiso es un contrato mediante el cual una persona (el fideicomitente) destina ciertos bienes a un fin determinado, encomendando la realizacion de ese fin a una institucion financiera (el fiduciario). Considerandose un fideicomiso publico el que ejecuta fondos publicos.
Algunos de los tipos de contrato mas frecuente en el mercado actualmente son: Fideicomiso testamentario.Fideicomiso como medio de pago.Fideicomiso de planeacion patrimonial.Fideicomiso estructurado.
Un fideicomiso irrevocable tiene un otorgante, un fideicomisario y un beneficiario o beneficiarios. Una vez que el otorgante coloca un activo en un fideicomiso irrevocable, es un regalo para el fideicomiso y el otorgante no puede revocarlo.
REQUISITOS FIDEICOMISO CIVIL Escritura de la propiedad. Certificado de libertad y tradicion. Paz y salvo de impuestos de valorizacion. Si pertenece al regimen de Propiedad Horizontal, se necesita el paz y salvo de administracion. La solicitud especificando el plazo o condicion, y el beneficiario.
Un fideicomiso irrevocable tiene un otorgante, un fideicomisario y un beneficiario o beneficiarios. Una vez que el otorgante coloca un activo en un fideicomiso irrevocable, es un regalo para el fideicomiso y el otorgante no puede revocarlo.