Idaho Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9280
• Format: Word; Rich Text

Description

Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust - Select Global 30 Portfolio 2000-1 dated January 5, 2000. 6 pages. Title: Understanding the Idaho Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust Introduction: The Idaho Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York plays a crucial role in facilitating the operations and management of the Select Equity Trust. This article aims to provide a detailed description and insight into this trust agreement, highlighting its purpose, key parties involved, and its significance. Keywords: Idaho Trust Agreement, Reference Trust Agreement, Dean Witter Reynolds, The Bank of New York, Select Equity Trust. 1. Overview of the Idaho Trust Agreement Reference Trust Agreement: The Idaho Trust Agreement Reference Trust Agreement is a legal document established between Dean Witter Reynolds, Inc. and The Bank of New York. It specifically pertains to the administration and management of the Select Equity Trust. 2. Purpose of the Trust Agreement: The primary purpose of the Idaho Trust Agreement Reference Trust Agreement is to outline the responsibilities, rights, and obligations of both parties involved in managing the Select Equity Trust. It serves as a legally binding contract that defines how the trust will be operated, maintained, and governed, ensuring clarity and adherence to predefined rules. 3. Parties Involved: The key parties involved in this agreement are: a. Dean Witter Reynolds, Inc.: Dean Witter Reynolds, Inc. is one of the parties to the trust agreement. As a financial services firm, Dean Witter Reynolds, Inc. plays a critical role in managing the assets and investments of the Select Equity Trust, in accordance with the terms outlined in the agreement. b. The Bank of New York: The Bank of New York acts as the trustee in this agreement. As the trustee, The Bank of New York holds legal ownership of the trust's assets, manages them on behalf of the trust's beneficiaries, and ensures compliance with relevant regulations. 4. Select Equity Trust: The Select Equity Trust, referenced in the Idaho Trust Agreement Reference Trust Agreement, is a specific investment vehicle. While the details of the trust may vary, it typically represents a diversified portfolio of equity securities in various industries or market sectors. Types of Idaho Trust Agreement Reference Trust Agreement: While the specific variations of Idaho Trust Agreement Reference Trust Agreement may exist, they are typically categorized based on the nature of the trust, duration, and specific instructions tailored to meet certain investment objectives: 1. Revocable Trust Agreement: This type of agreement allows the trust or (settler) to make modifications or terminate the trust during their lifetime. It offers flexibility and control over the assets held within the Select Equity Trust. 2. Irrevocable Trust Agreement: Unlike the revocable trust, an irrevocable trust agreement cannot be modified or revoked without the consent of the beneficiaries. This type of agreement often provides estate planning benefits and can help protect assets from creditors. 3. Testamentary Trust Agreement: This agreement is designed to be effective upon the trust or's death and is usually created through a will or another testamentary document. It outlines how the assets will be distributed to beneficiaries and managed by the trustee. Conclusion: The Idaho Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust is a crucial legal document that sets the framework for the management and administration of the trust. The specific type of trust agreement may vary based on the trust's purpose and structure. Understanding the terms and provisions of this agreement is essential for all parties involved to ensure effective asset management and compliance with applicable laws and regulations.

Title: Understanding the Idaho Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust Introduction: The Idaho Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York plays a crucial role in facilitating the operations and management of the Select Equity Trust. This article aims to provide a detailed description and insight into this trust agreement, highlighting its purpose, key parties involved, and its significance. Keywords: Idaho Trust Agreement, Reference Trust Agreement, Dean Witter Reynolds, The Bank of New York, Select Equity Trust. 1. Overview of the Idaho Trust Agreement Reference Trust Agreement: The Idaho Trust Agreement Reference Trust Agreement is a legal document established between Dean Witter Reynolds, Inc. and The Bank of New York. It specifically pertains to the administration and management of the Select Equity Trust. 2. Purpose of the Trust Agreement: The primary purpose of the Idaho Trust Agreement Reference Trust Agreement is to outline the responsibilities, rights, and obligations of both parties involved in managing the Select Equity Trust. It serves as a legally binding contract that defines how the trust will be operated, maintained, and governed, ensuring clarity and adherence to predefined rules. 3. Parties Involved: The key parties involved in this agreement are: a. Dean Witter Reynolds, Inc.: Dean Witter Reynolds, Inc. is one of the parties to the trust agreement. As a financial services firm, Dean Witter Reynolds, Inc. plays a critical role in managing the assets and investments of the Select Equity Trust, in accordance with the terms outlined in the agreement. b. The Bank of New York: The Bank of New York acts as the trustee in this agreement. As the trustee, The Bank of New York holds legal ownership of the trust's assets, manages them on behalf of the trust's beneficiaries, and ensures compliance with relevant regulations. 4. Select Equity Trust: The Select Equity Trust, referenced in the Idaho Trust Agreement Reference Trust Agreement, is a specific investment vehicle. While the details of the trust may vary, it typically represents a diversified portfolio of equity securities in various industries or market sectors. Types of Idaho Trust Agreement Reference Trust Agreement: While the specific variations of Idaho Trust Agreement Reference Trust Agreement may exist, they are typically categorized based on the nature of the trust, duration, and specific instructions tailored to meet certain investment objectives: 1. Revocable Trust Agreement: This type of agreement allows the trust or (settler) to make modifications or terminate the trust during their lifetime. It offers flexibility and control over the assets held within the Select Equity Trust. 2. Irrevocable Trust Agreement: Unlike the revocable trust, an irrevocable trust agreement cannot be modified or revoked without the consent of the beneficiaries. This type of agreement often provides estate planning benefits and can help protect assets from creditors. 3. Testamentary Trust Agreement: This agreement is designed to be effective upon the trust or's death and is usually created through a will or another testamentary document. It outlines how the assets will be distributed to beneficiaries and managed by the trustee. Conclusion: The Idaho Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust is a crucial legal document that sets the framework for the management and administration of the trust. The specific type of trust agreement may vary based on the trust's purpose and structure. Understanding the terms and provisions of this agreement is essential for all parties involved to ensure effective asset management and compliance with applicable laws and regulations.