OneIf the settlor does not have a trust, does it have to be signed by the couple?
A:It depends on whether the trust property is the joint property of the husband and wife. If a trust is set up with personal property, the spouse's signature is not required. If the trust is set up with the joint property of the husband and wife, in principle, the spouse needs to be aware of it and sign in writing.
II. II. IIHow long can the term of a family trust be set?
A:The term of domestic family trusts can be perpetual at the longest, and future tax risks (such as property tax, gift tax) can be planned in advance. However, some trust companies also give customers the right to terminate the trust contract in advance "every * year", so as to ensure the flexibility of the customer's trust.
IIIIs the trust account opened in the bank in the name of the settlor or in the name of the trust company?
A:The special trust account is opened in the name of the trust company. According to the requirements of the Trust Law, the trust company shall manage the trust property separately from the inherent property of the trust company, and the trust company shall open a special account for the trust property of the trust in the custodian bank, which shall be used exclusively for the safekeeping, deposit, liquidation and payment of the trust funds under the trust.
Editor: Ao Bin|Design: Jiang Jitao|Review: Tang Haifeng.
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