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.
In fact, Santa Clarita's population grew by 17.5% from 2000 to 2010 and was almost twice the growth experience in all of Los Angeles County. Only the communities of Lancaster and Palmdale in the Antelope Valley grew faster than Santa Clarita. By the year 2015, the population of the City of Santa Clarita is forecasted to exceed 193,000. Growth is forecasted to continue over the coming decades to 239,900 by the year 2035.