Did we find a trust fund for Gary and Michelle Stern? I did not pay the fee to find out more info but this is telling in it’s self.How can Michelle Logan Stern be the recipient of a trust fund from someone that is under investigation and work for the Cal. AG?...
STERN, GARY TRUST (Age 41)
Associated names:
STERN, GARY ALAN
SHERMAN OAKS, CA
NASHVILLE, TN
OAKLAND, CA
VAN NUYS, CA Available Available Available
* STERN, STERN
* STERN, BRONCHA MACHLA (Age 107)
* STERN, LEON A (Age 107)
* LOGANSTERN, MICHELLE TRUST (Age 39)
* STERN, ROSE (Age 70)
* STERN, BONNIE G (Age 43)
I don’t think her husband is under investigation, is he? Anyway, without actually delving into it, the first time I saw it, I figured they just have the ownership of their house in the name of a trust.
A large percentage of the people I’ve sleuthed have them, especially younger couples under about 40 or so. You can almost always see a history, lol, of a couple about to divorce, if they didn’t buy the house with a trust to begin with.
They create one (usually means one of them is talking to an attorney, lol) and a year or so later, you see real estate being bought and sold in their separate names. However, most couples, especially in CA, buy the house with a trust in place already, nowadays.
It’s just a tax, legal thing - so that each is an individual owner of the home, as a trustee of the trust. The house is the only asset of the trust - it’s not a “fund” as such.