Thinking of creating a trust. However, i have no idea where to start from. I have an appointed with lawyer to initiate the process. I have been reading online just on type of trust thats out there. Hoping someone could share some knowledge on best type and any experience.

like
Posting as :
works at
You are currently posting as works at

If you signed up for our prepaid legal use that. I established a trust for my spouse and minor children in the event of my death for tax purposes. The will was covered as part of the prepaid legal benefit. Had to pay extra for the tax planning/ trust but was less than $1000. Trust won’t be established unless I die.

like

From LawBowl

Post Photo
like

Just reposted on LawBowl, hope it helps!

Thank you so much i was not aware of such a thing

i am investing in various businesses and to lower the risk on my end i am thinking of using a trust. This way my investments and i are two separate entities

Contact a good trusts and estates attorney. They will help you navigate through the process. Our legal insurance actually covers this. Highly recommend taking advantage of it

Related Posts

What happens if the previous employer closes his organisation, will it fail my bgv

like

Any good ideas to keep your day job and start a business that allows for enough freedom to take taxable income from 350k to 0?

like

Hi Fishes,

I currently not doing great in my current organization. I have 5+ years of experience. My package is 5 lpa. I lost my both my parents in 2021 due to COVID. My condition is very bad financially & emotionally. Requesting all fishes to please help me with some referrals if there's any vacancies. Thanks in advance.

Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

like

Have 50k in brokerage to put towards buying a place in Atlanta. Young 20 something who's lease is ending soon

Roth IRA and 401k are well funded but don't want to pull from there.

Should I buy and rent the extra bedrooms to friends, or stay renting and put savings in stock market?

like

I have offer letter of HSC, persistent, Cognizant, Gspann, birla soft, royal cyber, bristlecone Package are very similar, at 7 YOE, For which I should go Gspann Persistent Cognizant Hughes Systique Corporation Birlasoft Royal Cyber Inc Bristlecone

like

I own a global Technology Recruitment Company and provide Coaching to Job Seelers.

Let me know if we can help.

Tom

likehelpful

Morgan Stanley Referral?

I'm interested in a new grad quantitative analyst position at Morgan Stanley (Montreal, Quebec, Canada). It's a hybrid position

I have 1yr experience as a data analyst at AMD (Advanced Micro Devices) and feel like I fit the requirements very well.

I'm happy to talk in more detail if there's anyone who can reach out! Any help with the referral is greatly appreciated!

Lastly, if you could just reach out with advice about the process prep, I'd be very grateful as well!

like

Car collision repair shop recommendations? No idea where to start. 🫠

like

In the last week of december, do we have something like a global shutdown like deloitte usi? or do we have to exhaust our leaves during that time?

like

Friends,
Need your help to know data tables and fields for a report I have to prepare on following problem
- Goods are produced but quantities don't not match when they are moved to warehouse from plant. So a report showing produced quantity and received at warehouse and if there is any logistic data that can help investigate.
Thanks!

like

As a first time PM at a company with no PM structure, I’m finding it difficult to learn good practices and bring myself to “the next level”. Has anyone here had a similar self taught start that made the break through to become a solid senior PM? Anything will help, books, etc.

like

Hi All,

29 Aug was my last working day in HCL, still i haven't got the clearance for my asset i have already submitted laptop, and tried to contact the git team still they are not replying, what should i do please help me. without that i will not get relieving letter

TIA

like
like

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

like

If I got 1/10000th of a bitcoin every time some dude on an app asks me if I like being an accountant... I'd be rolling in mad dough

like

Thoughts on the VC Royal Eagle? Seems crazy undervalued, you can get it for less than a DateJust! What am I missing here?

like

Hey guys
What's a good way to get into India vc space. Don't want to do direct investments but rather like a fund

like

Hi fishes,
I am currently working as an UAT tester (both manual & automation) with overall experience of approx 3years. I want to switch to a business analyst role.
Is it possible to get a job for a business analyst position without MBA?
I am willing to learn the necessary skills required too but cannot afford MBA

Please suggest..

like

For those in NYC - my favorite second hand luxury reseller (based in Paris) is in NYC next week for a pop-up. Their service is super professional and their selection of products is great. If folks are interested I am happy to add their info. I’ve been selling and buying from them since more than 5 years and have always been super happy with the service so wanted to share the tips ☺️ (not an ad, and not sponsored)

like

Additional Posts in Consulting

Smart to look for a new job with a “recession” looming? Wanted to leave by end of the year, but nervous I’d be the first laid off at a new spot

likesmartfunny

What are your expenses/time horror stories? Has anyone gotten fired in relation to expenses? Compensation withheld?

Geeze I’ve never dealt with a manager that freaks out at any speck of stress or pressure like this lol. Kinda funny but is also stressing me out and annoying me??? She’s talking with the speed and tone like you would if you need to rush someone to the ER or something lmao

like

Anyone here with a negative net worth (excluding 401k) in their 30s? Or am I an outlier?

like

Would any delta club members like to spare a drink for my birthday flight

like

I saw a comment on here from someone referencing a book about organisational Psychology and working with different types of personalities, but I can’t find the comment/thread now. Do any of you have recommendations on this topic?

like

Any good books recommendation on effective client communication/business writing?

like

To those in non-MBB: Would you rather have an offer in hand right now for MBB or FAANG pm? Assume it’s a lateral transition.

like

Microsoft 🐟 I’m joining soon and curious to know about the parental leave policy. Are you able to take leave within a year of your start date/is there a waiting period before becoming eligible for the leave? Thanks in advance!

like

Do you have any book/video/whatever recommendations for how to be a good manager/lead? I'm trying to make the transition and get more responsibility

like

Any good resources to learn VBA?

like

I like consulting but the multiple project workload sucks. I have 5 active projects and I’m barely scraping by on each one. I’m just surviving week by week. I could do such an amazing job on these projects if I had 2-3 instead. Sucks

like

Anyone have CFP Prep books they don’t not need anymore?

likesmart

After getting kicked out of McK late last year, this gives me schadenfreude 🤣

Post Photo
likefunny

Desperately want to get into healthcare strategy consulting. 13 years of healthcare clinical experience including project work. MBA. But keep getting told by recruiters that I don't have enough experience to be a Consultant or Manager but that I have too much experience to enter in every level such as a Senior Associate. Just one rejection after another, even when applying with internal referrals from Director or Partner levels. What am I doing wrong?

like

Did anyone read the top consulting firms to work for? 😂😂😂

like

Looking for some material for a crash course in IT strategy consulting - books article etc. any recommendations would be appreciated

like

How to transition firms to MBB from Big 4/ACN when you don’t really have a connection there? Randomly connect with people on LinkedIn at the office you’re interested in and hope for a referral? Can I reach out to a recruiter at the firm directly there? Currently in Tech Consulting but wanting a shift in career path to strategy or tech strategy. Currently have almost two YOE and wanting to gain insight into the process and how long that may take

like

Best consulting firms for PE work (CDD,Value Creation)? Looking for the best firm for exit ops to PE ops eventually. Thanks!

like

Hearing startups call themselves a “rocket ship” is more annoying than people chewing with their mouth open.

likefunnyuplifting

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal