Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P. dated January 4, 2000. 18 pages
The Guam Trust Agreement is a legally binding contract that outlines the terms and conditions of a trust arrangement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement establishes the roles, responsibilities, and rights of each party involved in the trust. Keywords: Guam Trust Agreement, Nike Securities, L.P., The Chase Manhattan Bank, First Trust Advisors, L.P., Trust Arrangement, Roles and Responsibilities. There are several types of Guam Trust Agreements between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. These different types include: 1. Revocable Living Trust Agreement: This type of trust agreement allows the granter (Nike Securities, L.P.) to maintain ownership and control over their assets during their lifetime. They have the flexibility to make changes or revoke the trust at any time. 2. Irrevocable Trust Agreement: In this type of trust, Nike Securities, L.P. transfers ownership of their assets to the trust, administered by The Chase Manhattan Bank and First Trust Advisors, L.P. This agreement is typically permanent and cannot be easily modified or revoked. 3. Testamentary Trust Agreement: This trust agreement takes effect after the death of Nike Securities, L.P. It is established through their will or as directed by the court. The assets are then managed by The Chase Manhattan Bank and First Trust Advisors, L.P. for the benefit of the designated beneficiaries. 4. Special Needs Trust Agreement: This type of trust is designed to provide financial support to individuals with disabilities or special needs. Nike Securities, L.P. establishes this trust to ensure that the beneficiary receives the necessary care without affecting their eligibility for government benefits. 5. Charitable Trust Agreement: Nike Securities, L.P. can choose to contribute assets to a charitable trust to support specific causes or organizations. The trust is managed by The Chase Manhattan Bank and First Trust Advisors, L.P., and the income or assets generated from the trust are used for charitable purposes. In summary, the Guam Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. provides a comprehensive framework for various types of trust arrangements, including revocable living trusts, irrevocable trusts, testamentary trusts, special needs trusts, and charitable trusts. These agreements serve to protect assets, provide for beneficiaries, and ensure the proper administration of the trust according to the wishes and intentions of Nike Securities, L.P.
The Guam Trust Agreement is a legally binding contract that outlines the terms and conditions of a trust arrangement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement establishes the roles, responsibilities, and rights of each party involved in the trust. Keywords: Guam Trust Agreement, Nike Securities, L.P., The Chase Manhattan Bank, First Trust Advisors, L.P., Trust Arrangement, Roles and Responsibilities. There are several types of Guam Trust Agreements between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. These different types include: 1. Revocable Living Trust Agreement: This type of trust agreement allows the granter (Nike Securities, L.P.) to maintain ownership and control over their assets during their lifetime. They have the flexibility to make changes or revoke the trust at any time. 2. Irrevocable Trust Agreement: In this type of trust, Nike Securities, L.P. transfers ownership of their assets to the trust, administered by The Chase Manhattan Bank and First Trust Advisors, L.P. This agreement is typically permanent and cannot be easily modified or revoked. 3. Testamentary Trust Agreement: This trust agreement takes effect after the death of Nike Securities, L.P. It is established through their will or as directed by the court. The assets are then managed by The Chase Manhattan Bank and First Trust Advisors, L.P. for the benefit of the designated beneficiaries. 4. Special Needs Trust Agreement: This type of trust is designed to provide financial support to individuals with disabilities or special needs. Nike Securities, L.P. establishes this trust to ensure that the beneficiary receives the necessary care without affecting their eligibility for government benefits. 5. Charitable Trust Agreement: Nike Securities, L.P. can choose to contribute assets to a charitable trust to support specific causes or organizations. The trust is managed by The Chase Manhattan Bank and First Trust Advisors, L.P., and the income or assets generated from the trust are used for charitable purposes. In summary, the Guam Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. provides a comprehensive framework for various types of trust arrangements, including revocable living trusts, irrevocable trusts, testamentary trusts, special needs trusts, and charitable trusts. These agreements serve to protect assets, provide for beneficiaries, and ensure the proper administration of the trust according to the wishes and intentions of Nike Securities, L.P.