Florida Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9142
• Format: Word; Rich Text

Description

Series 204 Trust Agr. btwn Van Kampen Foods, Inc., American Portfolio Evaluation Serv., Van Kampen Investment Advisory Corp., and The Bank of New York dated Jan. 6, 2000. 5 pages A Florida Trust Agreement is a legally-binding document that outlines the terms and conditions of a trust arrangement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement serves as a crucial framework for the management and administration of assets held within the trust. One type of Florida Trust Agreement that may exist between these entities is a Revocable Living Trust. This type of trust allows the Granter (Van Kampen Foods, Inc.) to retain control over the assets during their lifetime and make changes or revoke the trust if desired. This arrangement provides flexibility and ensures that the Granter's wishes regarding asset distribution and management are respected. Another possible type of Florida Trust Agreement is an Irrevocable Trust. In this case, the Granter transfers their assets (Van Kampen Foods, Inc.) to the trust, relinquishing control over them. This trust arrangement is typically established for long-term asset protection or estate planning purposes, and it often includes provisions to minimize tax liabilities. The Florida Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York must contain essential details such as the names and roles of each party involved, the purpose of the trust, and the specific terms for asset management and distribution. It also addresses important aspects like the appointment of a Trustee (which could be Bank of New York) responsible for overseeing the trust's operations and making decisions in accordance with the Granter's wishes. Keywords: Florida Trust Agreement, Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., The Bank of New York, Revocable Living Trust, Irrevocable Trust, asset management, administration, Granter, trustee, asset protection, estate planning, tax liabilities.

A Florida Trust Agreement is a legally-binding document that outlines the terms and conditions of a trust arrangement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement serves as a crucial framework for the management and administration of assets held within the trust. One type of Florida Trust Agreement that may exist between these entities is a Revocable Living Trust. This type of trust allows the Granter (Van Kampen Foods, Inc.) to retain control over the assets during their lifetime and make changes or revoke the trust if desired. This arrangement provides flexibility and ensures that the Granter's wishes regarding asset distribution and management are respected. Another possible type of Florida Trust Agreement is an Irrevocable Trust. In this case, the Granter transfers their assets (Van Kampen Foods, Inc.) to the trust, relinquishing control over them. This trust arrangement is typically established for long-term asset protection or estate planning purposes, and it often includes provisions to minimize tax liabilities. The Florida Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York must contain essential details such as the names and roles of each party involved, the purpose of the trust, and the specific terms for asset management and distribution. It also addresses important aspects like the appointment of a Trustee (which could be Bank of New York) responsible for overseeing the trust's operations and making decisions in accordance with the Granter's wishes. Keywords: Florida Trust Agreement, Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., The Bank of New York, Revocable Living Trust, Irrevocable Trust, asset management, administration, Granter, trustee, asset protection, estate planning, tax liabilities.