What are the income requirements for student loan deferment or forbearance?

Yes, there are restrictions and limitations on the types of assets that can be held within a trust in California. Generally, the assets transferred into a trust must have a value and be capable of being owned. For example, a trust can own real estate, stocks, bonds, and other types of investments, but it cannot own goodwill or shares of a business. In some circumstances, the settlor (the person who establishes the trust) may not be able to transfer certain types of assets into the trust. In California, these assets may include incorporeal personal property such as patents, copyrights, and trademarks. Additionally, trusts can be used to hold alternative assets, such as art, wine, jewelry, and other collectibles, but these assets are subject to special restrictions. Trusts also have to adhere to any laws and regulations set out by the government, which can limit the types of assets that the trust can hold. For example, any investments made on behalf of the trust must comply with security regulations and the trust must pay any applicable taxes. Ultimately, it is important to consult with an experienced trust administration attorney before transferring any assets into a trust in order to ensure that all applicable restrictions and limitations are adhered to.

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