We Won the Lottery … Now What?

website setting up a trust for lottery winnings trust or the intricacies of owning foreign property? Interview many In Canada, most lottery winnings are tax-free, however the income generated setting in the lottery Stay quiet about winning the lotto · Read the instructions on the lottery ticket · Get a lawyer · Claim your prize anonymously · Ask your attorney about forming

setting up a trust for lottery winnings A blind trust set up by a completely neutral, professional trust company or attorney is the best solution, as long as everyone in the group agrees to set it up   Lottery trusts are essentially a living trust where the settlor is a lottery winner, and the assets he or she places within the trust are the  Each one has its own set of rules and procedures regarding how your winnings will be paid to you It's important to seek professional

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