The trust can then use the proceeds of the loan to purchase the assets it will hold. For example, in the case of an estate freeze, a small loan of, say, $100, ought be enough for the trust to buy the family companyâs new common shares at a nominal par value. The trust can repay the loan when it receives the first dividend check. The Bottom Line
Lakewood, California. Lakewood is a city in Los Angeles County, California, United States. The population was 80,048 at the 2010 census. It is bordered by Long Beach on the west and south, Bellflower on the north, Cerritos on the northeast, Cypress on the east, and Hawaiian Gardens on the southeast.
For the community in Humboldt County, see Glendale, Humboldt County, California. Glendale /ËÉ¡lÉndeÉªl/ is a city in Los Angeles County, California, United States. Its estimated 2014 population was 200,167, making it the third largest city in Los Angeles County and the 23rd-largest city in California. It is located about 8 miles (13 km) north of downtown Los Angeles.