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the act of "appointing" (i.e. giving) an asset from the trust to a beneficiary (usually where there is some choice in the matter—such as in a discretionary trust); or. the name of the document which gives effect to the appointment. The trustee's right to do this, where it exists, is called a power of appointment.
United States trust law is the body of law that regulates the legal instrument for holding wealth known as a trust . Most of the law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first ...
Trust (law), a legal relationship in which one person holds property for another's benefit. Trust (business), the combination of several businesses under the same management to prevent competition. Investment trust, a form of investment fund.
Trust is the belief that another person will do what is expected. It brings with it a willingness for one party (the trustor) to become vulnerable to another party (the trustee ), on the presumption that the trustee will act in ways that benefit the trustor. [1] [2] [3] In addition, the trustor does not have control over the actions of the ...
Trust is an American drama television series created by Simon Beaufoy that premiered on March 25, 2018 on FX. The 10-episode series, written by Beaufoy and directed by Danny Boyle and others, is set in 1973 and recounts the abduction of John Paul Getty III , then-heir to Getty Oil , while he was in Italy .
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts. The "trust" name refers to the ability to act as a trustee – someone ...
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