Washington Trust Agreement is a legally binding document that outlines the terms and conditions of the trust relationship established between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement plays a pivotal role in governing the actions and responsibilities of each party involved, ensuring a smooth and secure functioning of the trust. The Washington Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. can be categorized into different types based on the specific purpose or nature of the trust. Some noteworthy types include: 1. Revocable Living Trust: This type of agreement allows the granter (Nike Securities, L.P.) to retain control and ownership of the assets, while designating The Chase Manhattan Bank as the trustee to manage and distribute these assets according to specified conditions or upon the granter's incapacity or death. First Trust Advisors, L.P., may serve as an advisor or co-trustee, providing guidance and expertise in investment decisions. 2. Testamentary Trust: Created within a will, this type of trust agreement becomes effective upon the granter's passing. Nike Securities, L.P. designates The Chase Manhattan Bank as the trustee to distribute the designated assets to specific beneficiaries, in accordance with the granter's stated wishes. First Trust Advisors, L.P. may be retained to handle investment matters, ensuring growth and preservation of the trust assets. 3. Charitable Trust: This type of Washington Trust Agreement enables Nike Securities, L.P. to establish a trust with the intention of benefiting a public charity or a charitable cause. The Chase Manhattan Bank assumes the role of trustee, managing the trust assets and distributing them for charitable purposes. First Trust Advisors, L.P. may provide investment recommendations to enhance the growth and impact of the trust's charitable endeavors. Regardless of the type, the Washington Trust Agreement provides a comprehensive framework for the roles and responsibilities of all parties involved. It governs various aspects such as the management of trust assets, investment decisions, distribution protocols, reporting obligations, and potential amendments or termination procedures. This agreement helps establish trust and confidence among the involved parties, ensuring that Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. work harmoniously together to achieve the intended objectives of the trust. It provides a legal foundation for transparent communication, decision-making, and accountability, thereby safeguarding the interests of all stakeholders involved.
Washington Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P.
Description
How to fill out Washington Trust Agreement Between Nike Securities, L.P., The Chase Manhattan Bank And First Trust Advisors, L.P.?
Finding the right legitimate record design might be a have difficulties. Needless to say, there are tons of templates accessible on the Internet, but how would you discover the legitimate type you require? Make use of the US Legal Forms internet site. The support gives a large number of templates, like the Washington Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P., that can be used for enterprise and private needs. All of the varieties are examined by pros and satisfy federal and state specifications.
Should you be already signed up, log in in your accounts and click on the Download switch to have the Washington Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P.. Make use of your accounts to search throughout the legitimate varieties you possess bought in the past. Check out the My Forms tab of your accounts and get another backup of the record you require.
Should you be a whole new consumer of US Legal Forms, listed below are straightforward instructions for you to stick to:
- First, ensure you have selected the correct type for the town/state. You may check out the form utilizing the Preview switch and look at the form explanation to guarantee it is the best for you.
- In the event the type will not satisfy your preferences, take advantage of the Seach area to discover the right type.
- When you are certain that the form is proper, select the Purchase now switch to have the type.
- Pick the pricing prepare you want and enter the needed info. Build your accounts and pay money for your order utilizing your PayPal accounts or charge card.
- Choose the submit file format and acquire the legitimate record design in your product.
- Total, edit and printing and sign the attained Washington Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P..
US Legal Forms is definitely the largest collection of legitimate varieties where you can see various record templates. Make use of the company to acquire professionally-made paperwork that stick to condition specifications.