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
West Virginia Trust Agreement is a legally binding contract that establishes a fiduciary relationship between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement outlines the terms and conditions under which the trust assets will be managed and administered for the benefit of the beneficiaries. The primary purpose of this West Virginia Trust Agreement is to provide a secure and efficient framework for Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York to collaborate in managing investment assets on behalf of the trust beneficiaries. The trust agreement outlines the roles and responsibilities of each party involved. Van Kampen Foods, Inc. acts as the granter or settler, contributing assets to the trust. American Portfolio Evaluation Services and Van Kampen Investment Advisory Corp. are named as investment advisors, responsible for managing and evaluating the trust assets. The Bank of New York is appointed as the trustee, having the legal authority to hold and administer the assets in accordance with the terms set forth in the agreement. Keywords: West Virginia Trust Agreement, Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., The Bank of New York, fiduciary relationship, trust assets, beneficiaries, legally binding contract, managed and administered, secure framework, collaborative management, investment assets, roles and responsibilities, granter or settler, investment advisors, legal authority, trust administration. Types of West Virginia Trust Agreements between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York may include: 1. Revocable Trust Agreement: This type of trust agreement allows the granter to make changes or revoke the trust during their lifetime. It provides flexibility for Van Kampen Foods, Inc. to modify the terms of the trust as their needs or circumstances change. 2. Irrevocable Trust Agreement: In contrast to a revocable trust, an irrevocable trust agreement cannot be modified or revoked once it is established. It provides more stringent asset protection and tax benefits for Van Kampen Foods, Inc., securing the trust assets for the beneficiaries. 3. Testamentary Trust Agreement: This type of trust agreement is created through a will and only takes effect upon the granter's death. It ensures that the assets of Van Kampen Foods, Inc. are distributed according to their wishes after their passing. 4. Charitable Trust Agreement: A charitable trust agreement allows Van Kampen Foods, Inc. to dedicate a portion of their assets to charitable purposes. It benefits philanthropic causes while providing potential tax advantages to the granter. These are just a few examples of the various types of West Virginia Trust Agreements that may exist between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. The specific terms and provisions of the trust agreement will depend on the objectives and preferences of Van Kampen Foods, Inc. and the unique circumstances of their trust assets.
West Virginia Trust Agreement is a legally binding contract that establishes a fiduciary relationship between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement outlines the terms and conditions under which the trust assets will be managed and administered for the benefit of the beneficiaries. The primary purpose of this West Virginia Trust Agreement is to provide a secure and efficient framework for Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York to collaborate in managing investment assets on behalf of the trust beneficiaries. The trust agreement outlines the roles and responsibilities of each party involved. Van Kampen Foods, Inc. acts as the granter or settler, contributing assets to the trust. American Portfolio Evaluation Services and Van Kampen Investment Advisory Corp. are named as investment advisors, responsible for managing and evaluating the trust assets. The Bank of New York is appointed as the trustee, having the legal authority to hold and administer the assets in accordance with the terms set forth in the agreement. Keywords: West Virginia Trust Agreement, Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., The Bank of New York, fiduciary relationship, trust assets, beneficiaries, legally binding contract, managed and administered, secure framework, collaborative management, investment assets, roles and responsibilities, granter or settler, investment advisors, legal authority, trust administration. Types of West Virginia Trust Agreements between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York may include: 1. Revocable Trust Agreement: This type of trust agreement allows the granter to make changes or revoke the trust during their lifetime. It provides flexibility for Van Kampen Foods, Inc. to modify the terms of the trust as their needs or circumstances change. 2. Irrevocable Trust Agreement: In contrast to a revocable trust, an irrevocable trust agreement cannot be modified or revoked once it is established. It provides more stringent asset protection and tax benefits for Van Kampen Foods, Inc., securing the trust assets for the beneficiaries. 3. Testamentary Trust Agreement: This type of trust agreement is created through a will and only takes effect upon the granter's death. It ensures that the assets of Van Kampen Foods, Inc. are distributed according to their wishes after their passing. 4. Charitable Trust Agreement: A charitable trust agreement allows Van Kampen Foods, Inc. to dedicate a portion of their assets to charitable purposes. It benefits philanthropic causes while providing potential tax advantages to the granter. These are just a few examples of the various types of West Virginia Trust Agreements that may exist between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. The specific terms and provisions of the trust agreement will depend on the objectives and preferences of Van Kampen Foods, Inc. and the unique circumstances of their trust assets.