can a trust be set up that immunes it from the IRS, creditors, judgements etc.?
478184
No!\nThe I.R.S. would consider a trust that attempted to do that tax fraud. There used to be a company that set up trusts that claimed to make them immune from taxes but they arrested the people involved and all the others that had set up those trusts.\nYes! Setting up a trust can effectively make your assets immune from creditors and judgements IF you appoint someone other than yourself as the trustee. In other words, you cannot control the assets in the trust or they can be attached after a judgement. HOWEVER, it can make it a LOT more difficult to FIND your assets, unless of course you have to answer questions about all your assets in a deposition pertaining to a lawsuit against you.
1018016
No, they can attach if for for unpaid taxes, but if it's just an allegation, they cannot. \n\nIf they are attaching it, it is probably not an "allegation."\n\nSocial security is not exempt from seizure or garnishment.
149336
yes, you should probably seek a lawyer, preferably one that specializes in will, trust and estate law.
706435
The only federal ID number that can be used for a trust is the one issued for that purpose by the IRS.
942086
Not that I know of. But one can always prepare a will, with it being as specific and detailed as possible and get it notorized. That still holds, even if you do not have a formal one prepared, ie thru a lawyer. Getting a format to prepare one would be good.
411354
anytime a court issues an order to you consider it like ur own little personal set of laws... if someone breaks one of the orders of the court then they can be charged with contempt of court...\n\nIn order for the trustee  to get in trouble significant paper work must exist document every little thing they do.. if u feel that ur trust is in danger u may need to hire an attorney to look into the mater for u
230411
You do NOT want to take any property out of the trust.  This type of situation is the main reason that you have a living trust.  If your grandmother is incapacitated and cannot make financial decisions, than more than likely there is a provision in the trust for the successor trustee to take over as the trustee.  If she is not incapacitated, but she does not want to or can't make the financial decisions than she can resign as the trustee and appoint a new trustee to handle her affairs.\n\nI can't stress this enough, before you do anything, you need to take the trust document to an attorney, preferably the attorney that wrote the trust and get some advice.
1116431
If the trustee of a trust gave someone power of attorney, then it is possible... as the power of attorney may have the right to act on the trustees behalf if the limitations allow it.  So my first advice would be to get your hands on the POA and read it.  POA is only voided if it is revoked or upon death of the trustee.
800186
No. This is a complicated area, and anyone in this situation should seek the counsel of a competent tax professional.\n\nWhile the IRS collection department may write off a tax liability as “uncollectible”, IRS tax liens are generally good for the sooner of:\na)      10 years after the date the lien is filed, or\nb)      the date the underlying liability is paid in full.\n\nThere is a difference between an IRS tax debt, which normally runs for 10 years after the “date of assessment” (usually within a few weeks of the date a tax return is processed), and an IRS lien. A lien is a public notice that the taxpayer owes a debt. It is usually filed in the County of residence of the taxpayer, or in the County where he or she owns property. A lien normally has a 10-year life from the date that it is filed (usually 1-2 years after the original tax debt is assessed). However, the IRS may in certain circumstances reduce the lien to a judgment, and re-file the lien for a maximum of three renewals. Therefore, in the worst-case scenario, and lien may exist for up to 40 years, and that lifetime of the lien may be as much as 45 years after the original tax return filing date. \n\nSpecial note: in the case of a bankruptcy, an old income tax liability may be discharged by the Bankruptcy Court. However, any lien filed before the bankruptcy is filed will remain on the books. Thus, a taxpayer who discharges their old tax debt in a Chapter 7 filing, and then sells their home or other real property soon after the court has discharged their debt, will find that the tax lien still attaches, and the IRS will collect the tax debt on the sale of the home.
457412
There is a form to set up a payment plan with the IRS.  Call the local IRS office and they will help you.  It is always better for you to go to them, than to ignore the situation.
209673
Nope but the court can. SO can the IRS \n\nLMFAO
568968
IT DEPENDS ON YOUR POSITION. IF YOUR A FAMILY MEMBER IT SHOULD BE FAIRLY EASY TO SPEAK WITH THE FAMILIES ATTORNEY AND GET THE INFORMATION. IF YOU DON'T HAVE A VESTED INTEREST IT MAY BE A LITTLE MORE CHALLENGING, THESE TRUSTS ARE RECORDED BUT AREN'T GENERALLY A MATTER OF PUBLIC RECORD. IT WOULD PROBABLY BE WISE TO DISCUSS W/AN ATTY. IF YOU HAVE A GENUINE NEED TO KNOW A JUDGE COULD GRANT A REQUEST TO PROVIDE INFORMATION TO YOU.
244212
you can also set up a trust with your child as beneficiary and you as the administrator.
473351
go to a Judge and get the trust amended or see a lawyer for free advice see several  a priest or preacher may help if you find one that cares
298906
It depends if the trust is revocable or not revocable.  It also depends on whether you transferred the house to your children's trust when you were insolvent.  It also depends if you transferred the house to your children's trust to hinder, delay or defraud your creditors.  Transfers like this might be avoidable as fraudulent transfers by a trustee in bankruptcy.  And depending on the law in your state, there could be a "look-back" period of up to 6 years or under certain circumstances, 10 years.\n\nHowever, if you were solvent after making this transfer and made it with no intent to hinder, delay or defraud, such a transfer may withstand attack by a trustee in bankruptcy.  Much depends on the facts of each particular case.
106268
You need to ask the trustee for your trust account.  You can't access the funds, but more than likely the trustee may have some ability to pay for certain things on your behalf, but it would be completely up to them to make that decision.
941196
Do you mean savings trusts?\n\nOr how to trust another person or government?\n\nOr trust funds?\n\nOr NHS trust?