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What does the acronym UA in a trust account mean?
UA means "under agreement."
What is Trust Uta?
Under The Trust Agreement
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 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.
If an exemption trust has TUA at the beginning of it what does the TUA stand for?
T U/A means trust under agreement.
What does it mean when a revocable trust becomes irrevocable?
That means the provisions of the trust agreement cannot be changed.
Is a beneficiary of a trust entitled to a complete copy of the trust agreement if one of the settlers is still alive?
Yes, a beneficiary of a trust is typically entitled to a complete copy of the trust agreement, regardless of whether the settlor is alive. It is important for beneficiaries to have access to the terms of the trust in order to understand their rights and obligations under the trust.
What does UW mean on trust account?
under will
What does it mean when someone says ..You seem to have a good rapport?
You, and the person who said it, have a similar understanding, trust, and agreement.
Can you add a new name to be a trustee of a property that has been entrusted to some persons?
If property is owned in the name of a trustee of a trust, then the trust agreement controls. The person who established the trust should have created a trust agreement, and in that trust agreement it will state whom the initial trustee is and how successor trustees are named. So, check the trust agreement.
What happends when a trust is formed?
When a trust is formed, assets are transferred to a trustee to hold and manage for the benefit of the trust's beneficiaries as specified in the trust agreement. The trustee has a fiduciary duty to administer the trust in accordance with the trust agreement and applicable laws. The beneficiaries have a legal right to the assets and any income generated by the trust.
