New Hampshire Trust Agreement between Insituform Southeast Corp. and Trustee

• Category: Corporations - Public - Indemnification
• State: Multi-State
• Control #: US-CC-17-176
• Format: Word; Rich Text

Description

17-176 17-176 . . . Trust Agreement under which corporation will establish and fund an irrevocable trust for payment of liabilities and expenses arising out of or relating to claims or legal proceedings to which a director or officer is made party or threatened to be made party by reason of his position with corporation or any of its subsidiaries New Hampshire Trust Agreement between Insituform Southeast Corp. and Trustee is a legal contract that outlines the terms and conditions for the establishment and administration of a trust in the state of New Hampshire. This agreement is entered into by Insituform Southeast Corp. (hereinafter referred to as the "Granter") and the Trustee, who is responsible for managing the assets and distributing the trust's income and principal to the beneficiaries in accordance with the trust's provisions. Keywords: New Hampshire, Trust Agreement, Insituform Southeast Corp., Trustee, legal contract, establishment, administration, terms and conditions, assets, income, principal, beneficiaries. Different types of New Hampshire Trust Agreement between Insituform Southeast Corp. and Trustee include: 1. Revocable Living Trust Agreement: This type of trust agreement allows the Granter to retain control over the trust during their lifetime and make changes or revoke the trust at any time. It provides flexibility and may offer certain tax benefits. 2. Irrevocable Trust Agreement: Unlike a revocable trust, this type of agreement cannot be modified or revoked by the Granter once it is established. It is often used for estate planning purposes and may provide certain asset protection and tax advantages. 3. Special Needs Trust Agreement: This trust agreement is specifically designed to provide financial support and care for individuals with disabilities or special needs. It ensures that the beneficiary can receive government benefits while still benefiting from the trust's assets. 4. Charitable Trust Agreement: This type of trust agreement is established for charitable purposes, allowing the Granter to support specific causes or organizations. It may provide tax benefits and contribute to philanthropic endeavors. 5. Testamentary Trust Agreement: Created through a will, this trust agreement only takes effect upon the Granter's death. It allows for the distribution of assets and the management of funds for the benefit of designated beneficiaries. These various types of New Hampshire Trust Agreements cater to different needs and objectives of the Granter and serve as essential legal instruments in ensuring proper management and allocation of trust assets.

New Hampshire Trust Agreement between Insituform Southeast Corp. and Trustee is a legal contract that outlines the terms and conditions for the establishment and administration of a trust in the state of New Hampshire. This agreement is entered into by Insituform Southeast Corp. (hereinafter referred to as the "Granter") and the Trustee, who is responsible for managing the assets and distributing the trust's income and principal to the beneficiaries in accordance with the trust's provisions. Keywords: New Hampshire, Trust Agreement, Insituform Southeast Corp., Trustee, legal contract, establishment, administration, terms and conditions, assets, income, principal, beneficiaries. Different types of New Hampshire Trust Agreement between Insituform Southeast Corp. and Trustee include: 1. Revocable Living Trust Agreement: This type of trust agreement allows the Granter to retain control over the trust during their lifetime and make changes or revoke the trust at any time. It provides flexibility and may offer certain tax benefits. 2. Irrevocable Trust Agreement: Unlike a revocable trust, this type of agreement cannot be modified or revoked by the Granter once it is established. It is often used for estate planning purposes and may provide certain asset protection and tax advantages. 3. Special Needs Trust Agreement: This trust agreement is specifically designed to provide financial support and care for individuals with disabilities or special needs. It ensures that the beneficiary can receive government benefits while still benefiting from the trust's assets. 4. Charitable Trust Agreement: This type of trust agreement is established for charitable purposes, allowing the Granter to support specific causes or organizations. It may provide tax benefits and contribute to philanthropic endeavors. 5. Testamentary Trust Agreement: Created through a will, this trust agreement only takes effect upon the Granter's death. It allows for the distribution of assets and the management of funds for the benefit of designated beneficiaries. These various types of New Hampshire Trust Agreements cater to different needs and objectives of the Granter and serve as essential legal instruments in ensuring proper management and allocation of trust assets.