You create a trust for all the shares you owned. The terms of the trust say that when you die, the income from those shares go to your wife for the rest of her life. When she dies, the shares will pass to your children. Your wife is the income beneficiary and has an âinterest in possessionâ in the trust.
The Santa Clarita Valley Historical Society is a non-profit 501(c)(3) volunteer organization dedicated to preserving the heritage of the Santa Clarita Valley, 35 miles northwest of downtown Los Angeles.
Vacant Villa Ready to Film. Rancho Deluxe is designated as part of the City of Santa Clarita Film Office Movie Overlay Zone, and is within the 30-mile studio zone of Hollywood in Los Angeles County, providing easy access to filming permits, reduced fees, and lower permit waiting time. Learn more about filming in Santa Clarita.