英语翻译a trust is a division of the bundle of rights in property in property in anunusual way.first,the management of the property is separted from the benifit of the property.the property is managed by a trustee,who usually has the authority to invest
(c) If the grantor is a trust or a trustee acting on behalf of the trust, and the document creating the trust designates the name of the trust, the grantor identifier is the name of the trust in accordance with recommendation 22, with the specification in a separate [...] daccess...
The trustee can't typically remove abeneficiaryfrom a trust, except under two circumstances: when the trustee is also thegrantorof their revocable living trust, or the trust document explicitly grants these rights to the trustee. Atrusteeis the person or company that manages the trust, maintains...
passive trust - a trust in which the trustee performs no active duties charitable trust, public trust - a trust created for charitable or religious or educational or scientific purposes Clifford trust, grantor trust - a trust established to shift the income to someone who is taxed at a lower ...
as thegrantor, settlor, or trustor) also names themself as the trustee. This is typical for revocable living trusts, which are created during the grantor’s lifetime and can be changed. In this case, the grantor-trustee may have more flexibility when it comes to withdrawing the trust funds...
Trusts are structures that hold assets under the management of a trustee, who acts on the instructions from the creator of the trust, known as the grantor. Banks commonly serve as trust custodians that hold assets including cash, investments, certificate of deposits, money market funds and other...
The deed of trust allows a lender to have recourse if there is a default on a loan payment. It involves three parties – the grantor, the beneficiary and the trustee. Grantor: The entity whose assets are held in trust until payment of the loan occurs. A grantor is also known as a set...
Power of attorney could also be set up to be effective immediately the power of authority is granted. And a durable power of authority means that the power of authority remains in force even though the grantor becomes incapacitated or physically disabled. Typically, grantors will assign such powe...
trust, you, as trustee, can convey the title to any of the principal back to yourself as grantor. This may not be free, however. If youtransfer title to real estate, you'll have to pay a fee to record the title conveyance, whether you're putting land into or removing it from the ...
Authorization to act on someone else’s behalf. A legal instrument that gives one person or group the power to act on behalf of another in a variety of situations. Because the grantor may be experiencing a medical emergency or needing to get their financial affairs in order fast, there is ...