Posted on 12/26/2008 4:39:40 AM PST by Man50D
How does that work if the name is in an someone else’s name, do you still claim the deduction for mortgage interest?
“Too bad WND is the only news agency willing to actually do some investigative reporting.”
Investigative reporting?
Had they done any investigating reporting, they would never have reported the Chinese run/own the Panama Canal. That is a total lie.
“I have set up a trust as part of my estate planning and will. However, the trust is in my name. I cant imagine it being in someone elses name on the deed.”
You can name a Trust anything you want. Hell, you can name it the !@#$%^&* Trust and its legal as can be. As with so many things, the devil is in the details.
“I have set up a trust as part of my estate planning and will. However, the trust is in my name. I cant imagine it being in someone elses name on the deed.”
You can name a Trust anything you want. Hell, you can name it the !@#$%^&* Trust and it’s legal as can be. As with so many things, the devil is in the details.
Here's a link:
http://www.freerepublic.com/focus/f-chat/2154422/posts
Then you didn't see The Godfather. "I have a special practice. I only have one client" -- Tom, visting the movie mogul who wakes to the horse's head.
The license was not revoked. See post 26 in this thread:
http://www.freerepublic.com/focus/f-chat/2154422/posts
I take World Net Daily with a huge grain of salt. They are about as reliable as the New York Times...
How does that work if the name is in an someone elses name, do you still claim the deduction for mortgage interest?
It’s not in someone else’s name, title remains in the trust.
See this article:
http://money.cnn.com/2004/07/09/real_estate/buying_selling/land_trusts/
Thanks - interesting info.
I realize that you can name the trust anything, but why would Obama name it after his lawyer?
Can you imagine the debate question: "Mr. Obama, who owns your house?" Confronting a BS answer with this would have been devastating.
You have too much faith that the ‘system’ is just. We live in an era of corruption that would have been unimaginable even in the time of Tammany. I have seen nothing yet that can/could even singe Obammy, never name burn his butt.
However, HOPE SPRINGS ETERNAL.
bookmark
wow.
I wish someone else would pay the taxes on my house too.
No one helped us make the purchase more affordable either.
Too bad WND is the only news agency willing to actually do some investigative reporting.
I have to agree with you. WND isn’t always wrong, they are persistent and relentless, who else can we count on? MSM, SUREEEEEEEEEEEEEEE when hell freezes over
John McCain (his wife actually) owns seven houses.
0bama rents his from Rezko’s lawyer. Rezko’s lawyer will make a fortune selling the house (soon to be a national shrine) to a holding company with the whole deal brokered by Patty Blagojevich.
John McCain got his homes HONESTLY. Cindy inherited money from her father.
Odd,
As I remember it, the trust owned the house - and the lawyer was trustee: administrator, decision maker, liquidator, NOT owner.
Most often the person writing the trust, IE your attorney, makes himself executor of the trust.
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