Kansas Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9075
• Format: Word; Rich Text

Description

Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank dated December 29, 1999. 14 pages The Kansas Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legal document that outlines the terms and conditions governing the establishment and management of a trust. This agreement serves as a reference point for investors and financial institutions, providing them with a framework for conducting transactions and managing assets within the state of Kansas. One type of Kansas Reference Trust Agreement that may exist between Prudential Securities Incorporated and The Chase Manhattan Bank is a Revocable Living Trust. This type of trust allows individuals to maintain control over their assets during their lifetime, while also providing guidelines for their distribution after death. With this agreement, Prudential Securities Incorporated serves as the trustee, responsible for managing the assets in accordance with the trust or's wishes, while The Chase Manhattan Bank acts as the custodian, overseeing the safekeeping and administration of the trust's holdings. Another type of Kansas Reference Trust Agreement that may be established is an Irrevocable Trust. This type of trust cannot be easily changed or revoked once it has been established, and it usually involves the transfer of assets from the trust or to the trustee. Prudential Securities Incorporated, in this case, takes on the role of the trustee, making decisions and managing the trust's assets as directed by the trust agreement. The Chase Manhattan Bank, as the custodian, is responsible for the safekeeping and administration of the assets held within the trust. The Kansas Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank governs various aspects of the trust, including investment strategies, distribution of income and principal, and the appointment of successor trustees. It also outlines the rights and responsibilities of both parties, specifying the fees and compensation that may be incurred. In this agreement, keywords such as "Kansas Reference Trust Agreement," "Prudential Securities Incorporated," and "The Chase Manhattan Bank" are relevant. Other keywords that may be applicable include "Revocable Living Trust," "Irrevocable Trust," "trustee," "trust or," "custodian," "investment strategies," "distribution of income," "successor trustees," and "fees and compensation." Overall, the Kansas Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank serves as a crucial document that ensures the proper management and administration of trusts in compliance with Kansas state laws.

The Kansas Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legal document that outlines the terms and conditions governing the establishment and management of a trust. This agreement serves as a reference point for investors and financial institutions, providing them with a framework for conducting transactions and managing assets within the state of Kansas. One type of Kansas Reference Trust Agreement that may exist between Prudential Securities Incorporated and The Chase Manhattan Bank is a Revocable Living Trust. This type of trust allows individuals to maintain control over their assets during their lifetime, while also providing guidelines for their distribution after death. With this agreement, Prudential Securities Incorporated serves as the trustee, responsible for managing the assets in accordance with the trust or's wishes, while The Chase Manhattan Bank acts as the custodian, overseeing the safekeeping and administration of the trust's holdings. Another type of Kansas Reference Trust Agreement that may be established is an Irrevocable Trust. This type of trust cannot be easily changed or revoked once it has been established, and it usually involves the transfer of assets from the trust or to the trustee. Prudential Securities Incorporated, in this case, takes on the role of the trustee, making decisions and managing the trust's assets as directed by the trust agreement. The Chase Manhattan Bank, as the custodian, is responsible for the safekeeping and administration of the assets held within the trust. The Kansas Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank governs various aspects of the trust, including investment strategies, distribution of income and principal, and the appointment of successor trustees. It also outlines the rights and responsibilities of both parties, specifying the fees and compensation that may be incurred. In this agreement, keywords such as "Kansas Reference Trust Agreement," "Prudential Securities Incorporated," and "The Chase Manhattan Bank" are relevant. Other keywords that may be applicable include "Revocable Living Trust," "Irrevocable Trust," "trustee," "trust or," "custodian," "investment strategies," "distribution of income," "successor trustees," and "fees and compensation." Overall, the Kansas Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank serves as a crucial document that ensures the proper management and administration of trusts in compliance with Kansas state laws.