Mississippi 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 The Mississippi Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York is a legally binding document that outlines the terms and conditions of a trust relationship between these entities. This agreement establishes a framework for the management and distribution of assets held in trust for the benefit of the beneficiaries. One key aspect of the Mississippi Trust Agreement is the identification of the parties involved. Van Kampen Foods, Inc. is the trust or granter, meaning they are the entity that creates the trust and transfers their assets into it. American Portfolio Evaluation Services and Van Kampen Investment Advisory Corp. are named as the trustees, responsible for the proper administration and investment of the trust assets. The Bank of New York acts as the custodian of the trust assets and provides various custodial services. Within the Mississippi Trust Agreement, specific provisions are included to govern how the trust assets are managed and distributed. This may include guidelines on investment strategies, permissible types of assets, and the time frame for distributions to the beneficiaries. The agreement also outlines the roles and responsibilities of each party and may include provisions for amendment or termination of the trust. There may be different types of Mississippi Trust Agreements depending on the specific objectives and circumstances of the trust arrangement. For example, there could be a revocable trust agreement, allowing the trust or to modify or revoke the trust during their lifetime. On the other hand, an irrevocable trust agreement would impose more restrictions on the trust or's ability to alter or revoke the trust. Additionally, the Mississippi Trust Agreement may address different types of trusts, such as a discretionary trust where the trustee has the discretion to determine the timing and amount of distributions to beneficiaries. Other types of trusts could include charitable trusts, special needs trusts, or spendthrift trusts, each designed to meet specific goals or protect the beneficiaries in unique ways. Overall, the Mississippi Trust Agreement establishes a legally binding relationship between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York, ensuring the proper management and distribution of trust assets according to the terms established within the agreement.

The Mississippi Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York is a legally binding document that outlines the terms and conditions of a trust relationship between these entities. This agreement establishes a framework for the management and distribution of assets held in trust for the benefit of the beneficiaries. One key aspect of the Mississippi Trust Agreement is the identification of the parties involved. Van Kampen Foods, Inc. is the trust or granter, meaning they are the entity that creates the trust and transfers their assets into it. American Portfolio Evaluation Services and Van Kampen Investment Advisory Corp. are named as the trustees, responsible for the proper administration and investment of the trust assets. The Bank of New York acts as the custodian of the trust assets and provides various custodial services. Within the Mississippi Trust Agreement, specific provisions are included to govern how the trust assets are managed and distributed. This may include guidelines on investment strategies, permissible types of assets, and the time frame for distributions to the beneficiaries. The agreement also outlines the roles and responsibilities of each party and may include provisions for amendment or termination of the trust. There may be different types of Mississippi Trust Agreements depending on the specific objectives and circumstances of the trust arrangement. For example, there could be a revocable trust agreement, allowing the trust or to modify or revoke the trust during their lifetime. On the other hand, an irrevocable trust agreement would impose more restrictions on the trust or's ability to alter or revoke the trust. Additionally, the Mississippi Trust Agreement may address different types of trusts, such as a discretionary trust where the trustee has the discretion to determine the timing and amount of distributions to beneficiaries. Other types of trusts could include charitable trusts, special needs trusts, or spendthrift trusts, each designed to meet specific goals or protect the beneficiaries in unique ways. Overall, the Mississippi Trust Agreement establishes a legally binding relationship between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York, ensuring the proper management and distribution of trust assets according to the terms established within the agreement.