Individual trusts act in several capacities including executor, administrator, trustee, guardian, conservator, custodian, and conservator in lunacy
Individual trusts are often established for individuals with lack of business experience, people in poor health, absentee property holders, the elderly, and persons traveling or residing in foreign countries
Trust law is a complicated topic and the laws vary in different jurisdictions and for different types of trust arrangements. Generally, with the exception of charitable trusts all individual trusts must have a dated when the trust will terminate. Trusts should always be drafted by a professional who specializes in trust law in your jurisdiction.
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Charles Fisk Beach has written: 'Commentaries on the law of trusts and trustees' -- subject(s): Trusts and trustees 'Individual evangelism' -- subject(s): Evangelistic work, Methodology, Philosophy 'The Christian worker: a call to the laity'
Whatever the testator wishes to list. A good will should include the individual's statement that it is a will, a list of the natural beneficiaries, and the disposition of assets. It may include the creation of trusts, and even individual bequests of specific items.
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The Killam Trusts was created in 1965.
The Wildlife Trusts was created in 1912.
he viewed the trusts and corporations as enemies of working class. He fiercely opposed the trusts.
Henry William Macrosty has written: 'Die englische Fabrikgesetzgebung in den Jahren 1878-1901' -- subject(s): Industrial organization 'State control of trusts' -- subject(s): Industrial policy, Trusts, Industrial, Industrial Trusts 'The trust movement in British industry' -- subject(s): Industrial Trusts, Industries, Trusts, Industrial, Commerce and industries 'Trusts and the state' -- subject(s): Competition, Industrial Trusts, Trusts, Industrial
That trusts were legal in other countries
The term "Asset Protection Trusts" refers to trusts that are to provide funds that are held on a discretionary basis. These trusts are usually set up to avoid taxation and bankruptcy.