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.
For the hotel chain, see La Quinta Inns & Suites. La Quinta is a resort city in Riverside County, California, United States, specifically in the Coachella Valley between Indian Wells and Indio. The population was 37,467 at the 2010 census, up from 23,694 at the 2000 census. The Robb Report credits La Quinta as the leading golf destination in the US.