Mecklenburg North 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
• County: Mecklenburg
• 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 A Mecklenburg North Carolina Trust Agreement is a legal document that outlines the terms and conditions of a trust arrangement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement serves as a framework to ensure the proper management and protection of assets and interests held by the trust. Key elements covered in the Mecklenburg North Carolina Trust Agreement include the identification and classification of the parties involved, the assets or properties held within the trust, and the responsibilities and duties assigned to each party. The agreement also defines the purpose and objectives of the trust, ensuring that all parties are aligned in their understanding and intentions. One type of Mecklenburg North Carolina Trust Agreement between the aforementioned entities could be a Revocable Living Trust. In such an agreement, Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., collaborate to manage and administer the trust during the granter's lifetime. This trust type allows for flexibility and modification while offering protection and control over assets and their distribution. Another possible type of Mecklenburg North Carolina Trust Agreement could be an Irrevocable Trust. This agreement establishes a more permanent arrangement where the granter relinquishes control over the assets and transfers them to the trust, often for tax planning purposes or asset protection. Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., work together to ensure the proper preservation and distribution of the trust assets according to the granter's wishes. In summary, a Mecklenburg North Carolina Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., is a legally binding document that outlines the terms and conditions of a trust arrangement. These agreements can be of various types, such as Revocable Living Trusts or Irrevocable Trusts, each serving different purposes and objectives.

A Mecklenburg North Carolina Trust Agreement is a legal document that outlines the terms and conditions of a trust arrangement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement serves as a framework to ensure the proper management and protection of assets and interests held by the trust. Key elements covered in the Mecklenburg North Carolina Trust Agreement include the identification and classification of the parties involved, the assets or properties held within the trust, and the responsibilities and duties assigned to each party. The agreement also defines the purpose and objectives of the trust, ensuring that all parties are aligned in their understanding and intentions. One type of Mecklenburg North Carolina Trust Agreement between the aforementioned entities could be a Revocable Living Trust. In such an agreement, Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., collaborate to manage and administer the trust during the granter's lifetime. This trust type allows for flexibility and modification while offering protection and control over assets and their distribution. Another possible type of Mecklenburg North Carolina Trust Agreement could be an Irrevocable Trust. This agreement establishes a more permanent arrangement where the granter relinquishes control over the assets and transfers them to the trust, often for tax planning purposes or asset protection. Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., work together to ensure the proper preservation and distribution of the trust assets according to the granter's wishes. In summary, a Mecklenburg North Carolina Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., is a legally binding document that outlines the terms and conditions of a trust arrangement. These agreements can be of various types, such as Revocable Living Trusts or Irrevocable Trusts, each serving different purposes and objectives.