Assertion: trust's asset | /r/HasProperty | sold
Facets:
value: typically
type: DEGREE
Source sentences:
text: Once the trust is funded, typically the asset is sold and invested in a more diversified investment portfolio that can provide income or liquid securities to provide an "annuity" to one or two individual persons, based on a set percentage provided for under the trust instrument and under IRS regulations.
text: This can reduce capital gains tax if the asset is sold after one spouse dies.