South Carolina Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P.

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9034
• Format: Word; Rich Text

Description

Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P. dated January 4, 2000. 18 pages South Carolina Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a legally binding document that establishes a formal relationship between these entities for the purpose of managing and preserving assets and investments. This agreement outlines the roles, responsibilities, and rights of each party involved, ensuring transparency and accountability in their dealings. Keywords: South Carolina Trust Agreement, Nike Securities, L.P., The Chase Manhattan Bank, First Trust Advisors, L.P., assets, investments, relationship, roles, responsibilities, rights, transparency, accountability. Types of South Carolina Trust Agreements: 1. South Carolina Revocable Living Trust Agreement: This type of trust agreement allows the granter (Nike Securities, L.P.) to maintain control over their assets during their lifetime. The Chase Manhattan Bank and First Trust Advisors, L.P. act as trustees, managing and preserving assets as per the granter's instructions. The agreement can be amended or revoked by the granter at any time. 2. South Carolina Irrevocable Trust Agreement: In this type of trust agreement, the granter transfers ownership of their assets to the trust, effectively removing it from their control. The Chase Manhattan Bank and First Trust Advisors, L.P. serve as trustees, ensuring the assets are managed according to the stipulations outlined in the agreement. The granter cannot amend or revoke the trust without the consent of the beneficiaries. 3. South Carolina Special Needs Trust Agreement: This trust agreement is specifically designed to benefit individuals with disabilities or special needs. Nike Securities, L.P. may establish this trust for the well-being and financial support of a loved one. The Chase Manhattan Bank and First Trust Advisors, L.P. act as trustees, ensuring the proper distribution of funds for the beneficiary's care while protecting their eligibility for government benefits. 4. South Carolina Charitable Trust Agreement: Nike Securities, L.P. can establish this trust agreement to support charitable causes or organizations. The Chase Manhattan Bank and First Trust Advisors, L.P. serve as trustees, managing the assets and distributing funds according to the donor's wishes. This agreement helps ensure that the granter's charitable intentions are carried out effectively and efficiently. In summary, the South Carolina Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. establishes a legal framework for managing assets, investments, and financial matters. Different types of trust agreements exist, including revocable living trusts, irrevocable trusts, special needs trusts, and charitable trusts. These agreements provide clarity and guidelines to preserve and protect assets, while fostering transparency and accountability among the parties involved.

South Carolina Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a legally binding document that establishes a formal relationship between these entities for the purpose of managing and preserving assets and investments. This agreement outlines the roles, responsibilities, and rights of each party involved, ensuring transparency and accountability in their dealings. Keywords: South Carolina Trust Agreement, Nike Securities, L.P., The Chase Manhattan Bank, First Trust Advisors, L.P., assets, investments, relationship, roles, responsibilities, rights, transparency, accountability. Types of South Carolina Trust Agreements: 1. South Carolina Revocable Living Trust Agreement: This type of trust agreement allows the granter (Nike Securities, L.P.) to maintain control over their assets during their lifetime. The Chase Manhattan Bank and First Trust Advisors, L.P. act as trustees, managing and preserving assets as per the granter's instructions. The agreement can be amended or revoked by the granter at any time. 2. South Carolina Irrevocable Trust Agreement: In this type of trust agreement, the granter transfers ownership of their assets to the trust, effectively removing it from their control. The Chase Manhattan Bank and First Trust Advisors, L.P. serve as trustees, ensuring the assets are managed according to the stipulations outlined in the agreement. The granter cannot amend or revoke the trust without the consent of the beneficiaries. 3. South Carolina Special Needs Trust Agreement: This trust agreement is specifically designed to benefit individuals with disabilities or special needs. Nike Securities, L.P. may establish this trust for the well-being and financial support of a loved one. The Chase Manhattan Bank and First Trust Advisors, L.P. act as trustees, ensuring the proper distribution of funds for the beneficiary's care while protecting their eligibility for government benefits. 4. South Carolina Charitable Trust Agreement: Nike Securities, L.P. can establish this trust agreement to support charitable causes or organizations. The Chase Manhattan Bank and First Trust Advisors, L.P. serve as trustees, managing the assets and distributing funds according to the donor's wishes. This agreement helps ensure that the granter's charitable intentions are carried out effectively and efficiently. In summary, the South Carolina Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. establishes a legal framework for managing assets, investments, and financial matters. Different types of trust agreements exist, including revocable living trusts, irrevocable trusts, special needs trusts, and charitable trusts. These agreements provide clarity and guidelines to preserve and protect assets, while fostering transparency and accountability among the parties involved.