Washington 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 Washington Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York is a legal document that outlines the obligations, rights, and responsibilities of each party involved in the trust arrangement. This agreement is designed to ensure transparency, accountability, and efficient management of assets and resources. Under this agreement, Van Kampen Foods, Inc., a renowned food manufacturing company, entrusts its investment portfolio and assets to The Bank of New York. The bank, being a trusted financial institution, assumes the role of a trustee and is responsible for the safeguarding and growth of the assets in accordance with the trust objectives. American Portfolio Evaluation Services is involved in the Washington Trust Agreement as an independent entity that provides comprehensive evaluation and analysis of the trust's portfolio. They monitor and measure the performance of the trust assets, ensuring that they are aligned with the defined investment strategies and objectives. In addition to the trustee and evaluation services, Van Kampen Investment Advisory Corp. plays a crucial role in the agreement. They are responsible for providing expert investment advice to Van Kampen Foods, Inc. and the trustee, assisting in the formulation of optimal investment strategies and ensuring they are implemented effectively. There may be different types of Washington Trust Agreements between these entities, depending on the specific trust objectives, timeframes, and asset classes involved. Some examples include: 1. Revocable Living Trust Agreement: This type of agreement allows the granter (Van Kampen Foods, Inc.) to modify or terminate the trust during their lifetime. It provides flexibility and control over the assets held in the trust. 2. Irrevocable Trust Agreement: By contrast, an irrevocable trust agreement cannot be modified or terminated without the consent of all parties involved. This type of trust agreement provides enhanced asset protection and tax benefits. 3. Charitable Trust Agreement: In cases where Van Kampen Foods, Inc. intends to donate a portion of its assets to charitable causes, a charitable trust agreement may be established. This agreement outlines the terms and conditions under which the assets will be managed and distributed for charitable purposes. Regardless of the specific type of Washington Trust Agreement established, it serves as a legal framework for the parties involved, ensuring the effective management, growth, and protection of the entrusted assets. Regular communication, evaluation, and review of the trust's performance are essential to maintain transparency and achieve the established investment objectives.

The Washington Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York is a legal document that outlines the obligations, rights, and responsibilities of each party involved in the trust arrangement. This agreement is designed to ensure transparency, accountability, and efficient management of assets and resources. Under this agreement, Van Kampen Foods, Inc., a renowned food manufacturing company, entrusts its investment portfolio and assets to The Bank of New York. The bank, being a trusted financial institution, assumes the role of a trustee and is responsible for the safeguarding and growth of the assets in accordance with the trust objectives. American Portfolio Evaluation Services is involved in the Washington Trust Agreement as an independent entity that provides comprehensive evaluation and analysis of the trust's portfolio. They monitor and measure the performance of the trust assets, ensuring that they are aligned with the defined investment strategies and objectives. In addition to the trustee and evaluation services, Van Kampen Investment Advisory Corp. plays a crucial role in the agreement. They are responsible for providing expert investment advice to Van Kampen Foods, Inc. and the trustee, assisting in the formulation of optimal investment strategies and ensuring they are implemented effectively. There may be different types of Washington Trust Agreements between these entities, depending on the specific trust objectives, timeframes, and asset classes involved. Some examples include: 1. Revocable Living Trust Agreement: This type of agreement allows the granter (Van Kampen Foods, Inc.) to modify or terminate the trust during their lifetime. It provides flexibility and control over the assets held in the trust. 2. Irrevocable Trust Agreement: By contrast, an irrevocable trust agreement cannot be modified or terminated without the consent of all parties involved. This type of trust agreement provides enhanced asset protection and tax benefits. 3. Charitable Trust Agreement: In cases where Van Kampen Foods, Inc. intends to donate a portion of its assets to charitable causes, a charitable trust agreement may be established. This agreement outlines the terms and conditions under which the assets will be managed and distributed for charitable purposes. Regardless of the specific type of Washington Trust Agreement established, it serves as a legal framework for the parties involved, ensuring the effective management, growth, and protection of the entrusted assets. Regular communication, evaluation, and review of the trust's performance are essential to maintain transparency and achieve the established investment objectives.