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Shares held in trust refer to equity ownership that is managed by a trustee on behalf of one or more beneficiaries. The trustee is responsible for making decisions regarding the shares, such as voting and managing dividends, in accordance with the terms of the trust agreement. This arrangement can provide benefits such as asset protection, estate planning, and tax advantages. Ultimately, the beneficiaries are entitled to the economic benefits of the shares once the trust's terms are fulfilled.
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What is money held in trust mean?
Money held in trust refers to funds that are managed by a trustee on behalf of a beneficiary, according to specific terms outlined in a trust agreement. The trustee is responsible for safeguarding the money and ensuring it is used for the intended purpose, such as supporting the beneficiary's needs or fulfilling certain conditions. This arrangement provides legal protection for the funds and ensures they are used as intended.
Can a trustee get a loan on the property held in trust to pay off heirs?
Trustee is not the owner of the property and hence he will have no right to sell the property held under trust.
What does ITF on a checkbook with a name following it stand for?
ITF on a checkbook stands for "in trust for." This indicates that the funds in the account are held in trust for someone else, typically in the case of a payable-on-death account. The name following ITF signifies the individual for whom the funds are being held in trust.
What is the difference between a depositary share preferred and a trust preferred stock?
none
What bank is the sort code 23-54-51?
share trust bank
Who has the legal title of the property in a trust?
Trust property.The title to the trust property is held by the trustee.Trust property.The title to the trust property is held by the trustee.Trust property.The title to the trust property is held by the trustee.Trust property.The title to the trust property is held by the trustee.
Do you have a claim to your late husbands share of family trust?
You do have a claim in your late husband's share of a family trust if that trust was willed to you by your husband. You can hire an attorney to help settle the trust.
What is the beneficiary in a trust?
the beneficiary in a trust is the person whom benefits from that which is held in trust.
Whats the steps of a relationship?
# great personality # share similarities # love trust # friend ships # share interest # trust # trust # love # great sex
Can property held in a trust be seized by a court order?
Yes. There are circumstances whereby a court can order the transfer of property held in a trust.
What actors and actresses appeared in Held in Trust - 1986?
The cast of Held in Trust - 1986 includes: Diana Rigg as Herself - Presenter
Can a name be added to living trust property?
No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.
How do you make a girl trust you?
Don't lie to her. Let her know that you trust her and she'll end up trusting you. You can share some secrets with her to let her know that you trust her then she'll probably share secrets with you.
Can some one let you use their guardian name in adventure quest?
What do you mean? If you mean can you share an account then yes, if you trust the other person and they don't change your password then yes.
What does under trust dated mean?
"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.
What are the release dates for Holmes on Homes - 2001 Held in Trust?
Holmes on Homes - 2001 Held in Trust was released on: USA: 1 November 2007
Can a beneficiary get his share of the Trust before age 25 if the Trust says that his share will remain in the Trust until he is 25?
Generally, if the Trust document explicitly states that a beneficiary's share will remain in the Trust until they reach the age of 25, the beneficiary cannot access their share before that age unless there are provisions for early distributions. Trustees may have discretion to make distributions for specific needs, but this typically requires a legitimate reason and adherence to the Trust's terms. It's essential to review the Trust document for any specific clauses that might allow for exceptions.
