This person doesn’t actually own the property in the trust but rather oversees the distribution of the property to the beneficiaries and makes sure that the stipulations put in place are being followed. Trusts can have multiple or co-trustees, or even institutional trustees (meaning that a ...
Related to trustafarian:trust fund (ˌtrʌstəˈfɛərɪən) n (Sociology) (sometimes capital)informalBrita young person from a wealthy background whose trust fund enables him or her to eschew conventional attitudes to work, dress, drug taking, etc ...
Note A-4 Securitization Date means the closing date of the Note A-4 Securitization. Note A-3 shall have the meaning assigned to such term in the recitals. Note A-4 shall have the meaning assigned to such term in the recitals. Most Referenced Clauses Confidentiality Force Majeure Indemnity ...
"Mr. Bumblefund, an investment banker at Greenback& Trust, has been elected by our shareholders to represent them at this meeting, and speaks on their behalf." "Three young men were arrested in their apartment yesterday afternoon, following a police investigation of the robbery of a Greenback&...
Living Will: Advance Health Care Directive Meaning & Use What Is Probate? How It Works With or Without a Will Living Trust: Definition, How Living Trusts Work Compare online will makersAdvertisement Company NerdWalletrating Price(one-time) Price(annual) Access toattorney supportLearn more Ease of...
Trust Agentmeans U.S. Bank, as Trust Agent under the Titling Trust Agreement. Note A-1 Trust Fundmeans the trust formed pursuant to the Note A-1 PSA. Original Trust Agreementhas the meaning specified in the recitals to this Trust Agreement. ...
2. Indicating a class ofmutual fundwith afront-end load. In this case, a certain amount of one'sinvestmentisdeductedfor the mutual fund's salesperson'scommission. This lowers the size of the investment in the mutual fund. For example, if one invests $50,000 in a mutual fund, a certain...
Still, she has no meaning in her life. She has been in psychiatric facilities on multiple occasions and takes a dozen meds each day to survive. She sleeps twelve hours a day. So, she has no financial worries and on paper, she looks great, but I would say that her trust fund life ...
The primary benefit is that the assets avoid probate, which leads to the quick distribution of assets to the listed beneficiaries. Living trust funds are not made public, meaning an estate is distributed with a high level of privacy.
A trust fund is anestate planningtool that holds property or assets for a person or an organization. Trust funds are sometimes simply referred to as "trusts." They can hold a variety of assets such as money, real property, stocks, bonds, a business, or a combination of many types of pr...