How Does a Blind Trust Work for Lottery Winners?

blind trust for lottery winnings
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Then the winnings can be claimed on behalf of the trust by its attorney or trustee A lottery trust also can be used to share the winnings with another party

Fifth, think seriously about putting a wall around yourself and your new found riches Prior lottery winners have funded a trust or set up another fund or Retrieve the lottery ticket and have the trustee sign the name of the trust on the back Lock it up again Arrange for a media advisor This is

14 9 23 kerala lottery result Here's how a trust works: Winnings can be placed in a blind trust, which helps get a bit of privacy, and then allows the winner to use a trustee As an alternative, winners might be able to form a blind trust through their attorney so that winnings can be anonymously received, State Farm