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What is this cartoon stating about trusts (in this case the Standard Oil trust)?
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Does an irrevocable trust have to end?
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.
What is the 1890 law that prohibited monopolies and trusts that restrained trade?
Sherman Anit-Trust Act
Why did powerful capitalists form monopolies and trusts?
The government had to pass the anti trust law to restrict trusts and monopolies to protect the value of the consumer dollars. The Anti trust laws help to promote a free and fair trade marketplace competition.
Why were many people opposed to the creation of monopolies and trusts?
Trusts put smaller competitors out of business using unfair tactics. Trusts could unfairly raise prices since they had no competition. Trusts had too much influence on government officials.
What are the benefits of establishing a trust?
Trusts have quickly become the most popular estate planning tool. This can partly be attributed the the tremendous flexibility that comes with the creation of a trust. One can set up a trust for anything ranging from their home and other assets to their pets. Trusts also bypass the probate process of which there are cost, efficiency, and privacy benefits that go with that.
What are the advantages and disadvantages of monopolistic trusts such as the Standard Oil Trust for consumers?
One advantage of a monopolistic trust are that prices can remain low. Disadvantages of monopolistic trusts is that it eliminates competition and can result in an unequal distribution of wealth.
What children's trusts raise money for hospitals?
There are many different children's trusts that raise money for hospitals. Some of these children's trusts include The West Virginia Children's Trust Fund, Alaska's Children's Trust, and the Dell Children's Trust.
Does an irrevocable trust have to end?
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.
What is the difference between a living trust and other trusts?
A living trust can be modified while the person is still a live. Other forrms of trusts do not allow them to be modified.
What is the present tense of trust?
Trust/trusts is the present tense.I trustWe trustYou trustHe/she trustsThey trust
What is trust busting?
Anti-trust laws are directed against companies who conspire with rivals in the same field to try and 'corner the market' by fixing prices and market shares through so-called 'trusts' that they enter into. A famous US example is the Standard Oil Company Trust, which controlled the markets for oil and whiskey, among others. Breaking up those Trusts -usually by the Government - is called Trust Busting.
Are trust proceeds taxable?
There are many different types of trusts out there today. Taxability depends on the type of trust that is being liquidated to the beneficiary. Some trusts are taxable and some are not.
Should you get a horse's trust in order to lead it?
well if a horse trusts u then it will go anywere with you and trusts you alot!!
What is the meaning of amanat in English?
Trusts may be trusts in banks, and trust in everything is great in the Holy Qur’an.
Where is the form for the irrevocable trust Is the living trust the same as an irrevocable trust?
The biggest difference between the trusts is that the Living Trust is revocable and can be changed over time. For detailed information visit: http://www.ultratrust.com/revocable-trusts-vs-irrevocable-trusts.html
Why did entrepreneurs form trusts?
they trust that they should buy competitors out
Teddy Roosevelt's view of trusts was that they?
He believed that trusts should be broken up to ensure competition. He was known as The Trust Buster.
