District of Columbia Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P.

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9034
• Format: Word; Rich Text

Description

Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P. dated January 4, 2000. 18 pages The District of Columbia Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a legal document that establishes a trust relationship and outlines the rights, responsibilities, and obligations of the involved parties. It sets forth the framework for the management and administration of a trust in the District of Columbia, with Nike Securities, L.P. as the trust or granter, The Chase Manhattan Bank as the trustee, and First Trust Advisors, L.P. as the beneficiary or beneficiaries. This trust agreement ensures that the assets entrusted by Nike Securities, L.P. are managed and protected by The Chase Manhattan Bank in accordance with the stated terms and conditions. First Trust Advisors, L.P., as the beneficiary, may have specific rights and entitlements as outlined in the agreement. Different types of District of Columbia Trust Agreements between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. may include: 1. Revocable Trust Agreement: This type of trust agreement allows Nike Securities, L.P. to retain the ability to modify or terminate the trust at any time, providing flexibility and control. 2. Irrevocable Trust Agreement: In contrast to a revocable trust, this agreement establishes a trust that cannot be altered or revoked by Nike Securities, L.P. once it is established. It ensures more permanent protection for the assets held within the trust. 3. Testamentary Trust Agreement: This type of trust agreement becomes effective upon the death of Nike Securities, L.P., as specified in their will or testament. It ensures the smooth transfer of assets and management to The Chase Manhattan Bank and provides benefits to the designated beneficiaries. 4. Living Trust Agreement: A living trust agreement is established during the lifetime of Nike Securities, L.P. and may be utilized for various purposes, such as estate planning, asset protection, or facilitating the transfer of wealth. 5. Charitable Trust Agreement: This agreement designates a portion of the assets held by Nike Securities, L.P. to be used for charitable purposes as specified, with The Chase Manhattan Bank ensuring compliance with relevant laws and regulations. The District of Columbia Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a critical legal document that provides security and clarity regarding asset management, distribution, and beneficiary rights. It is crucial for all parties involved to review and understand the terms and conditions outlined in the agreement before entering into such a trustee relationship.

The District of Columbia Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a legal document that establishes a trust relationship and outlines the rights, responsibilities, and obligations of the involved parties. It sets forth the framework for the management and administration of a trust in the District of Columbia, with Nike Securities, L.P. as the trust or granter, The Chase Manhattan Bank as the trustee, and First Trust Advisors, L.P. as the beneficiary or beneficiaries. This trust agreement ensures that the assets entrusted by Nike Securities, L.P. are managed and protected by The Chase Manhattan Bank in accordance with the stated terms and conditions. First Trust Advisors, L.P., as the beneficiary, may have specific rights and entitlements as outlined in the agreement. Different types of District of Columbia Trust Agreements between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. may include: 1. Revocable Trust Agreement: This type of trust agreement allows Nike Securities, L.P. to retain the ability to modify or terminate the trust at any time, providing flexibility and control. 2. Irrevocable Trust Agreement: In contrast to a revocable trust, this agreement establishes a trust that cannot be altered or revoked by Nike Securities, L.P. once it is established. It ensures more permanent protection for the assets held within the trust. 3. Testamentary Trust Agreement: This type of trust agreement becomes effective upon the death of Nike Securities, L.P., as specified in their will or testament. It ensures the smooth transfer of assets and management to The Chase Manhattan Bank and provides benefits to the designated beneficiaries. 4. Living Trust Agreement: A living trust agreement is established during the lifetime of Nike Securities, L.P. and may be utilized for various purposes, such as estate planning, asset protection, or facilitating the transfer of wealth. 5. Charitable Trust Agreement: This agreement designates a portion of the assets held by Nike Securities, L.P. to be used for charitable purposes as specified, with The Chase Manhattan Bank ensuring compliance with relevant laws and regulations. The District of Columbia Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a critical legal document that provides security and clarity regarding asset management, distribution, and beneficiary rights. It is crucial for all parties involved to review and understand the terms and conditions outlined in the agreement before entering into such a trustee relationship.