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.
2017 Local Profile City of Santa Clarita Southern California Association of Governments 4 II. Population Population Growth Population: 2000 - 2016 Source: California Department of Finance, E-5, 2016 Between 2000 and 2016 , the total population of the City of Santa Clarita increased by 68,480 to 219,611 in 2016 . During this 16 -