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To: NRx

i do not know Dakota law, but for those few states that recognize “community property” it usually includes almost all property acquired by either spouse during a valid marital relationship (they have a marriage license).

it can be placed into trusts by the agreement of BOTH spouses, but this does not change its “community property” character.

again, I do not know Dakota law but this report sounds erroneous


16 posted on 05/06/2020 10:07:09 AM PDT by faithhopecharity (Politicians are not born, theyÂ’re excreted. Marcus Tullius Cicero (106 to 43 BCE))
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To: faithhopecharity

We have everything in a irrevocable trust, which sounds like what this guy has done. The trustee has full power over it, but if you do it you better trust the trustee. I’m the trustee of ours which includes the family business, and what’s worse is my wife is co-trustee before my brother steps up. He doesn’t know that yet either.


20 posted on 05/06/2020 10:24:36 AM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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