How to Use a Blind Trust for Lottery Winnings
How to Use a Blind Trust for Lottery Winnings
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Then the winnings can be claimed on behalf of the trust by its attorney or trustee A lottery trust also can be used to share the winnings with another party
A blind trust for a lottery winner is structured differently than a typical blind trust in that the trustor has access to and control of the funds In this type Most lottery jackpot winners Those in favor of identifying winners argue that it helps maintain transparency and public trust in the games
lottery sambad 15.12.2023 Trusts are powerful tools for both asset protection and estate planning By placing assets in a trust, they are managed by the trustee for the People who win massive lump sums in a lottery might use a blind trust because some states allow lottery winners to preserve their anonymity
