Forming a trust to claim prize

Reply #7

PrisonerSix — Sun, 20 Mar 2005 06:01:48 GMT

Quote: Originally posted by rundown99 on March 17, 2005 I know that in states like Ohio and New Hampshire, you can form a trust to claim a prize, because it was actually done in those states. But can you do it anywhere? So if the jackpot was won in Nebraska or South Dakota or Pennsylvania, could you still form a trust and remain anonymous? The WLT Trust was formed in Pennsylvania a while back to claim a large Powerball jackpot but the names were still shown on the Powerball news article. The Du... [ More ]

Reply #6

Tx_Mega_Player — Sun, 20 Mar 2005 04:51:41 GMT

Quote: Originally posted by SirMetro on March 18, 2005I believe the Freedom of Information Act applies only to the Feds to secure access to declassified documents no longer deemed a security threat.I'm no expert, but if I'm not mistaken, the Freedom of Information Act applies to all US Governmental bodies: federal, state, and local; and applies to any information on file with a govenrmental agency. The exception would be documents pertaining to national security. Again I'm no expert, but I think... [ More ]

Reply #5

bellyache — Sun, 20 Mar 2005 02:26:14 GMT

I thought that some states don't allow you to do anonymous even if it's with a trust?Ok, call me naive, but why would you want to remain anonymous exactly? Wouldn't you WANT to share some with relatives? Because more then just relatives come out of the wood-work. Long lost friends, scammers. relatives who you don't know or who you haven't seen in years and you know don't really care about you, etc.

Reply #4

SirMetro — Fri, 18 Mar 2005 17:39:25 GMT

I believe the Freedom of Information Act applies only to the Feds to secure access to declassified documents no longer deemed a security threat.Also, as long as the Trust pays all required taxes (state and federal), I think that some anonymity (sp) can be afforded. I know if I won a huge pot, I certainly would not want the world to know where to find me. Too many crackpots out there that meaner then me. Also, did you not hear the recent news about a guy that was actually plotting to kidnap Lette... [ More ]

Reply #3

rabbitfoot — Fri, 18 Mar 2005 01:07:32 GMT

I agree that a trust is the safest route to go. But, Under the Freedom of Information Act I believe your identity could become know.

Reply #2

LuckyFoxTerrier — Fri, 18 Mar 2005 00:05:45 GMT

Ok, call me naive, but why would you want to remain anonymous exactly? Wouldn't you WANT to share some with relatives? Couldn't you easily say NO to those who haven't spoken to ya in years if they had their hands out? I guess lawsuits would be the exception to braggin about winning it? Would like to hear your views on this. And I DO love the trust idea. I like to think I'll have all these new problems to solve one of these days soon! ;) Just thinking ahead...... also, I play in Virgi... [ More ]

Reply #1

MADDOG10 — Thu, 17 Mar 2005 19:50:43 GMT

yup, thats the smart thing to do.....

Forming a trust to claim prize

rundown99 — Thu, 17 Mar 2005 19:36:20 GMT

I know that in states like Ohio and New Hampshire, you can form a trust to claim a prize, because it was actually done in those states. But can you do it anywhere? So if the jackpot was won in Nebraska or South Dakota or Pennsylvania, could you still form a trust and remain anonymous? The WLT Trust was formed in Pennsylvania a while back to claim a large Powerball jackpot but the names were still shown on the Powerball news article. The Duchess Trust from Louisiana was also formed , but the... [ More ]