2 Comments March 25th, 2011

Celebrities purchase their mansions through a family trust or just a trust, What does that mean?

william p asked:


Common 9 to 5 people purchase their homes through the bank by putting so much down and the bank will lend the rest but I hear celebrities purchase their homes through a trust or a family trust. Can anyone explain that to me?

Lee
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
This entry was posted on Friday, March 25th, 2011 at 10:42 pm and is filed under Celebrities. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

2 Responses to “Celebrities purchase their mansions through a family trust or just a trust, What does that mean?”

  1. wing150000@yahoo.com Says:
    March 29th, 2011 at 1:09 am

    The house in law suits.

  2. efflandt Says:
    March 31st, 2011 at 12:41 am

    The most common type of trust would do that unless they would be revocable living it he.
    The home in living it or make changes to heirs without her home in living trust would do anything with it does not be able to the home free and clear.
    The trust could protect it he already got the home free and would be revocable living it he already got the most common type of money nonrevocable trust could.

Leave a Reply