Tag: trust

  • Why Family Feuds Erupt After The Will Is Read

    Sibling Rivalries And Old Grudges Can Surface When Money Is On The Line, Family Wealth Guru Says The recently deceased don’t always ingratiate themselves with their survivors when it comes time to read the will. “People want to control things from the grave, not just throw a bunch of money in a beneficiary’s lap,” says…

  • St. Kitts-Nevis Asset Protection

    The “sovereign democratic federal state” of St. Christopher-Nevis (as its 1983 constitution ceremoniously describes it), has a governmental form and name almost bigger than its population (45,000), and total land area (267 sq. km.). But this tiny West Indies island nation, known to the natives as “St. Kitts-Nevis,” has become very big in certain exclusive…

  • The Gabelli Global Gold, Natural Resources & Income Trust IPO Raises $332 Million

    RYE, N.Y.- March 29, 2005–Gabelli Asset Management Inc., (NYSE:GBL) today announced the initial public offering of common shares of the Gabelli Global Gold, Natural Resources & Income Trust, a new closed-end fund investing primarily in equity securities of gold and natural resources companies. The Fund intends to earn income primarily through a strategy of writing…

  • What a Trust Can Do

    A trust may be created for any purpose that is not illegal or void as against public policy. A trust can hold title to and invest in real estate, cash, stocks, bonds, negotiable instruments and personal property. Trusts can provide care for minor children or the elderly; or pay medical, educational or other expenses. A…