Family Trusts explained and Family Trust Elections explained. The term family trust refers to a discretionary trust set up to hold a family's assets or to conduct a family business. Generally, they are established for asset protection or tax purposes.
Lakeville /ËleÉªkvÉªl/ is a city in Dakota County, Minnesota, United States. It is a suburb of Minneapolis, approximately 23 miles (37 km) south of the larger city's downtown. On the Twin Cities metropolitan area's southern fringe, Lakeville is one of the fastest-growing cities in the MinneapolisâSaint Paul metropolitan area. The U.S. Census Bureau recorded its population at 55,954 in 2010.
Roseville is a city in Ramsey County, Minnesota, just north of Saint Paul and east of Minneapolis. It is one of two Twin Cities suburbs that are adjacent to both Saint Paul and Minneapolis (the other is Lauderdale). The land comprising Falcon Heights, Lauderdale, and southern Roseville was part of Saint Paul until Roseville incorporated in 1948 and Falcon Heights and Lauderdale in 1949.