0
"Under trust dated" typically refers to a legal arrangement where assets or property are held and managed by a trustee for the benefit of a beneficiary. The trust document, often referred to as the trust deed or agreement, specifies the terms and conditions under which the assets are to be managed and distributed.
Add your answer:
Earn +20 pts
How can you desolve an irrevocable trust.?
An irrevocable trust can be revoked or dissolved under only very limited circumstances. Essentially, the irrevocable trust must have it written into the wording of the trust and a possibility of dissolving it can only be there if the trust is functioning completely improperly or other than the way it was intended.
Can a trustee refuse to give disbursements to a beneficiary under a living person's trust?
No. The trustee only has the power granted in the document that created the trust. If the trust was drafted properly, there are provisions in the trust document for the removal of the trustee and for appointing a new trustee. If not, then the matter can be brought before a judge and the court can remove a trustee who is violating the terms of the trust.
What does dated at mean on a document?
"Dated" indicates that something is old or no longer in style. It can also be a reference to or documentation of the specific time (day, month and year) something was made or came into existence.
In an irrevocable trust if the trustee breached her fiduciary duties and was stealing out the trust is that grounds for the grantor to change the trust?
Yes, if the trustee breached their fiduciary duties and was stealing from the trust, the grantor may have grounds to amend or revoke the trust. In such cases, the grantor should seek legal advice to understand their options and the potential consequences of making changes to the trust.
What is a reinstatement of a Revocable Living Trust?
A reinstatement of a Revocable Living Trust involves restoring the trust to its original status after it has been revoked or terminated. This can include reestablishing the assets and beneficiaries according to the terms of the trust document. It is a legal process that requires proper documentation and compliance with state laws.
What does UA mean on trust account date?
The acronym UA DTD that is referenced on trusts, especially a living trust means: "Under the agreement dated".
What does under a living trust agreement dated 2005 as amended mean?
It means the person who took some action did so as the trustee of a trust and that the terms of the trust have been amended.
What does DTD mean in reference to living trust?
In a living trust, the phrase 'dtd' stands for dated. It is very important to have the proper date that the trust effective for.
What do DTD and TTEE mean in a trust document?
TTEE is an abbreviation for trustee. DTD may stand in for "Dated".
What does UW mean on trust account?
under will
What does DTD stand for after name on living trust?
Dated
What does the acronym UA in a trust account mean?
UA means "under agreement."
How do you fund and or transfer assets toan irrevocable trust?
Real property must be transferred by deed to the trustee of the trust. A deed to a trust should state the grantee as "Elvis Presley, trustee of the Graceland Realty Trust Under a Declaration of Trust Dated January 1, 1959". Accounts must be opened in the name of the trust (the bank will assist you) then your assets would be deposited in those accounts.
Is oliver proudlock gay?
No i dated him for 3 years.... trust me, not gay
Is Miley Cyrus ticklish under her arms?
yah trust me i dated her in high school
What is Trust Uta?
Under The Trust Agreement
What bill does not have in god you trust?
U.S. currency dated before 1956 does not include that phrase.Please note that the phrase is "In God We Trust" rather than "You"
