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Forming a Trust... any links to info?Reply
konane,i do not have the facts of the case you are speaking of, because you did not provide the name of the case. please provide me with the name of the case...i am very curious about it. in your example though, it sounds like the settlor did not pick his own trustee, rather the trustee was a stranger appointed by the courts who may or may not have an understanding of the settlors true wishes before death. even so, the trustee still has a ficuciary responsibility to act in the best interests o
Jul 2, 2003, 11:33 am - midwstrngirl - Lottery Discussion Forum

Forming a Trust... any links to info?Reply
konanean estate does not end up in a trust. the deceased (settlor) placed it in a trust, and might have had a good reason. a trustee receives a fee for administering the trust, however, this is decided at the time the trust is formed and cannot be changed by the trustee arbitrarily. trustee's have a fiduciary responsibility and are bound by professional ethics. they are required to manage the assets in the best interests of the beneficiaries, they have no beneficial interest in the assets
Jul 2, 2003, 8:31 am - midwstrngirl - Lottery Discussion Forum

Prometheus1Reply
Quote: Originally posted by LobsterClan on June 29, 2003 I work at a lottery retailer, and thus often hear about people's miracle lottery stories. (More often their so-close defeats). The gentlemen who won all the money here is actually in a position of authority, the City manager. Quick little article is here: http://alachuapost.com/All/1792.html News of that sort spreads around very fast in a relatively small community such as this one. As for people making a living off lottery numbers, I kno
Jun 29, 2003, 1:46 am - JAP69 - Lottery Systems Forum

New Powerball info availableReply
On the powerball website, it says that among the new rules:Power Play Option Drops The 1 But if the power play multiplies your winnings if you get the power play number right, what is the point of paying an extra amount for power play 1 if any amount multiplied by 1 is that same amount anyway?Not only that but the New Match 5 feature is created where the prize pool is divided among those who match 5 numbers. But in order to receive a share of the prize pool, can ANY 5 numbers be matched (4 wh
Oct 1, 2002, 3:10 pm - rundown99 - Lottery Discussion Forum

Lottery player/winner advice ?Reply
I would probably go with the annuity over the cash sum. Use a trust or a partnership with the help of an estate lawyer. Then for the next 27 years you have a steady income. The article was trying to say that to keep a better fix on your money emotionally you need the annuity. The annuity keeps you from spending all you money. Look at some of the young people in their twenties who have won, they should taken the annuity! It your money, it just like a retirement, they don't give you lump sum
Sep 9, 2002, 10:49 am - Guest - Lottery Discussion Forum

Lottery player/winner advice ?Reply
wishin, we didn't get away from the original intent of the article. in fact we answered it definitively. if a person thinks they might have a problem handling a large amount of money, by all means structure an annuity. but what we were pointing out is once you collect your annuity from the lottery, you have effectively lost control of your money. the only way out then is to sell the annuity to an annuity purchasing agent. you will get cash out of the sale, but the loss as a result of that sa
Sep 7, 2002, 12:56 am - visiondude - Lottery Discussion Forum

Somthing to think about
This is a summation of a news article that I read at Biggamelottery.com today.Massachusetts Auditor Joe DeNucci said the state's lottery continues to be troubled with multiple ticket cashers. DeNucci is a political foe of Shannon O'Brien's the state Treasurer who office runs the lottery and is the Democratic front-runner for the governor's office.DeNucci said one lottery winner under the state treasurer's watch claimed 679 prizes worth about $1.2 million, but only paid $9,700, or 0.83 percent,
Aug 29, 2002, 3:42 pm - RJOh - Lottery Discussion Forum

British Columbia Lottery taking bets on US electionReply
No, KingofDerp, facts aren't borderline insanity but someone would have to be crazy to believe the ones you've spewed forth. You challenged: Then do it, show us something this (that is?) contradictory or factually incorrect. I went through your posts and picked out your greatest hits to focus upon. They didn't have a good beat, Dick, and were hard to dance to! Sorry, showing my age. I think they're in reverse order for the most part, most recent to earliest, although there are a few I comb
Aug 6, 2016, 10:11 pm - mikeintexas - Lottery News

Scientists Find Star To be 13 Billion Years Old -FASCINATING Story w/picReply
By serendipity, scientists have photographed Venus surface from space for the first time. Though the planet s rocky body is concealed beneath a thick veil of clouds, telescopes aboard NASA s Parker Solar Probe managed to capture the first visible-light images of the surface taken from space, researchers report in the Feb. 16 Geophysical Research Letters. We ve never actually seen the surface through the clouds at these wavelengths before, said Lori Glaze, Director of NASA s Planetary Sci
Aug 1, 2022, 10:09 pm - eddessaknight - Mystical Forum

New Zealand man who lost his job during lockdown wins $10 million Lotto jackpotNews Story
Just weeks after losing his job, a Hamilton, New Zealand, man surprised his wife with a staggering $10.3 million (US$6.3 million) Lotto win. The big winner, who is anonymous like most winners in New Zealand choose to be, was one of the thousands of Kiwis made redundant over the nearly two-month lockdown period. His wife is a healthcare worker has worked through the lockdown. When she came home from work in a quick lunch break, she found him sitting at the kitchen table, acting strange .
May 25, 2020, 9:32 am - Todd - Lottery News