A living trust is a popular estate planning tool. The person who creates the trust, the grantor, transfers ownership of assets to the trust. The grantor retains the power to revoke the trust during his lifetime and is usually named as the trustee.As trustee, the grantor retains control over the assets in the trust.Upon his death, the assets are distributed to the beneficiaries named in the trust. Living trusts usually do not need a taxpayer identification number because trust income is reported on the grantorâs individual federal income tax return.However, a taxpayer identification number, also called an employer identification number, may be needed under certain circumstances.s trustee, the grantor retains control over the assets in the trust. Upon his death, the assets are distributed to the beneficiaries named in the trust. Living trusts usually do not need a taxpayer identification number because trust income is reported on the grantorâs individual federal income tax return.
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Twitter (/ËtwÉªtÉr/) is an online social networking service that enables users to send and read short 140-character messages called tweets. Registered users can read and post tweets, but those who are unregistered can only read them. Users access Twitter through the website interface, SMS or mobile device app. Twitter Inc. is based in San Francisco and has more than 25 offices around the world. Twitter was created in March 2006 by Jack Dorsey, Evan Williams, Biz Stone, and Noah Glass and launched in July 2006. The service rapidly gained worldwide popularity, with more than 100 million users posting 340 million tweets a day in 2012. The service also handled 1.6 billion search queries per day.