Wichita Kansas Trust Agreement for Funds for Recovery of Judgment for Minor

Category:
State:
Multi-State
City:
Wichita
Control #:
US-01184BG
Format:
Word; 
Rich Text
Instant download

Description

A trust is the legal relationship between one person, the trustee, having an equitable ownership or management of certain property and another person, the beneficiary, owning the legal title to that property. The beneficiary is entitled to the performance of certain duties and the exercise of certain powers by the trustee, which performance may be enforced by a court of equity. This form is an example of a trust that is subject to direct court oversight since the initial trust funds resulted from a civil judgment in favor of a minor.

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Wichita Kansas Trust Agreement for Funds for Recovery of Judgment for Minor