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.
Located in Manatee county, award-winning Lakewood Ranch is a 17,500-acre master-planned community encompassing all aspects of residential and commercial development, located in the prosperous Sarasota/Tampa Bay region of Florida's Gulf Coast.