A nominee trust is a trust in which the trustee holds legal title to the trust property for the trust's beneficiaries, but the beneficiaries exercise the controlling powers, and the actions that the trustees may take on their own are very limited. Such trusts are a common device for holding title to real estate, and afford certain tax advantages. A nominee trust is not a trust in the strict classical sense, because of the trustee-beneficiary relationship. Despite a nominee trust's nontraditional relationship between trustee and beneficiary, such a trust must still adhere to the rule that no trust exists when the same individual is the sole settlor, sole trustee, and sole beneficiary. The trustees of a nominee trust act at the direction of the beneficiaries.
Jacksonville Florida Nominee Trust
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Jacksonville boasts the largest urban park system in the nation, it is 4x the size of the island of Manhattan! 80,000 acres of parks, including 405 City Parks, 7 State Parks, 2 National park sites and an Arboretum. The Timucuan Ecological and Historical Preserve, covers 46,000 acres. It's Always Sunny . . . in Jax.
With a rich history and diverse cultural scene, Jacksonville is known for its museums, art galleries, and lively music festivals. The city's extensive park system, including the stunning Timucuan Ecological and Historic Preserve, provides ample recreational activities and exploration opportunities.
History Facts Jacksonville It was initially known as Cowford. A large portion of Jacksonville was occupied by Timucuan Indians before colonization. At the mouth of the St. Johns River in 1562, French Huguenot settlers landed and later built Fort Caroline.
Jacksonville, FL Located in Duval County, the seaport city of Jacksonville is the largest city in Florida by overall population and land area.
Q: Is Jacksonville, Florida, a good place to live? A: Jacksonville, Florida, is a great place to live if you're looking for a reasonable cost of living, plenty of beach access, a southern feel, and a new home in the Sunshine State.
Boasting 22 miles of beaches, Jacksonville, on Florida's northeast coast, is a city of diverse neighborhoods with a top-notch arts and culture scene, unbeatable food, and a wide variety of family-friendly attractions, parks, and nature preserves. Jacksonville Florida - Top Things to Do visitflorida.com ? places-to-go ? northeast visitflorida.com ? places-to-go ? northeast
With a rich history and diverse cultural scene, Jacksonville is known for its museums, art galleries, and lively music festivals. The city's extensive park system, including the stunning Timucuan Ecological and Historic Preserve, provides ample recreational activities and exploration opportunities.
A: Jacksonville, FL, is known for its fresh seafood, especially shrimp and fish. The city is also famous for its Southern-style cooking, including fried chicken and barbeque.
